124 St Marys Road, Liverpool

Description

A freehold mid terrace building comprising a ground floor retail unit and a first and second floor flat. Total GIA - Approx. 1,701 sq ft (158 sq m). Vacant.

Accommodation

Ground Floor Retail Unit - Approx. 645 sq ft (60 sq m); First and Second Floor Flat - Approx. 1,054 sq ft (98 sq m); Total GIA - Approx. 1,701 sq ft (158 sq m)

Location

Convenient road access via the A561, connecting with Liverpool city centre, Speke and Liverpool John Lennon Airport. Garston town centre provides a range of local shops, cafés, restaurants, convenience stores and everyday amenities. Well positioned for access to Aigburth, Allerton, Speke, Woolton and Liverpool city centre. Speke Retail Park and Liverpool city centre provide extensive retail, leisure, dining and entertainment facilities. Transport National Rail - Liverpool South Parkway.

Tenure / Property Information

Investment Analysis

The £60,000 guide is the only supplied price evidence. No completed-sale comparables, formal valuation, condition assessment or commercial/residential valuation evidence is provided, so GDV and a supported maximum bid cannot be established. The building is vacant and comprises approximately 1,701 sq ft of mixed-use accommodation: a 645 sq ft retail unit and a 1,054 sq ft first/second-floor flat. Buyer fees, VAT and possible seller charges are also unknown.

Investment Snapshot

Strategy Recommendation

Do not set a bid from the current evidence. Obtain a full inspection, confirm planning and use compliance, establish separate retail and flat valuations/rents, and obtain all auction fees and special conditions before considering a conditional purchase.

Works Required

No defects or required works are evidenced. Before bidding, inspect the retail unit and flat and verify condition, statutory compliance, services, EPC position, residential layout and any works required to make both parts lettable. No refurbishment allowance can be supported from the supplied information.

Rental & Market Context

Potential BRRR Position

A BRRR assessment is not supportable because there is no evidence-based GDV, refurbishment budget, achievable rent, finance cost or refinance valuation. The vacant mixed-use format may require separate residential and commercial underwriting, subject to inspection and lender acceptance.

Buy-to-Let Analysis

The only rental evidence is an advertised £1,100 pcm asking rent for a two-bedroom property in Liverpool. The subject flat's bedroom count and achieved or passing rent are not supplied, and the evidence does not establish that the asking rent applies to this property. A reliable BTL yield cannot therefore be calculated. The ground-floor retail unit also has no rent evidence.

Flip Analysis

A flip surplus cannot be calculated. No completed-sale comparables, GDV, works allowance, selling allowance or detailed condition information is supplied. The £60,000 guide alone is insufficient to assess resale viability.

Investor Risks & Due Diligence

• Unknown buyer premium, VAT applicability and any seller charges may materially increase the acquisition cost.

• The property is vacant, with no passing rent or established commercial tenant income.

• No condition, services or compliance information is supplied for either the retail unit or the flat.

• No bedroom count or subject-specific residential rent is provided.

• No commercial rent evidence is provided for the retail unit.

• No completed-sale comparables or formal valuation are provided.

• EPC, council tax, heating and parking information are not supplied.

Recommendation

Do not set a bid from the current evidence. Obtain a full inspection, confirm planning and use compliance, establish separate retail and flat valuations/rents, and obtain all auction fees and special conditions before considering a conditional purchase.

Strategy Rating

Analysis Confidence

Only the guide price, accommodation areas, tenure, vacancy and general location are supplied. There are no sold comparables, condition details, subject-specific rent, GDV, works budget, EPC, council tax, finance costs or complete auction charges.