202B X1 Liverpool One, 1 David Lewis Street, Liverpool, L1 4BP

Description

A modern studio apartment forming part of a student-specific accommodation development close to the University of Liverpool and Liverpool city centre. The studio is finished to a modern standard with a fitted kitchen and integrated appliances, bedroom/living area and en-suite shower room. Within Liverpool One there is also a reception area, communal area to socialise, bike store, gym, cinema room and laundry.

Accommodation

Studio; kitchen facilities; en-suite shower room; approximately 204 sq ft

Location

Central Liverpool location, close to the University of Liverpool and Liverpool city centre. Liverpool Lime Street National Rail services are 1.1 miles away.

Tenure / Property Information

Investment Analysis

The only completed-sale evidence is £54,000 for a flat at 1 David Lewis Street, Liverpool One, on 19 September 2025. The exact unit is not confirmed, so this supports an indicative, not formal, GDV of £54,000. The £35,000 guide is approximately 35.2% below that sale, before the unspecified buyer premium, VAT or other charges. No reliable rental evidence is supplied.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Consider only after verifying the tenancy rent, service charges, unit-specific condition, auction fees and seller’s special conditions; the completed-sale evidence suggests potential guide-price discount but does not establish an investable return.

Works Required

No refurbishment works are evidenced. Confirm the studio’s condition, fixtures, appliances and communal-facility liabilities before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the indicative £54,000 GDV, a 75% refinance would be approximately £40,500. Total acquisition and project cost cannot be calculated because the buyer premium, VAT, seller charges and any works allowance are unspecified. Consequently, cash left in and BRRR viability cannot be established.

Buy-to-Let Analysis

BTL viability cannot be established because no passing rent or sufficiently specific rental comparable is supplied. The £500 annual ground rent must also be deducted from net income, alongside any undisclosed service charges, management, finance and compliance costs. The property is let to a private individual on a short periodic tenancy, so tenancy terms and rent require verification.

Flip Analysis

An indicative £54,000 resale value is supported by one nearby completed sale at the same address, but the exact unit is not confirmed. A flip surplus cannot be calculated because buyer charges, VAT, seller charges, works and selling costs are not supplied.

Investor Risks & Due Diligence

• Only one completed comparable is supplied and it is not confirmed to be the same studio.

• No passing rent or reliable rental comparable is supplied, preventing yield analysis.

• The £500 per annum ground rent reduces net income.

• Buyer premium is unspecified; VAT and possible seller charges may apply.

• The property is held on a short periodic tenancy, with tenancy terms and rent not provided.

• No service-charge, condition or refurbishment-cost information is supplied.

• Leasehold ownership and communal-facility obligations require review.

Recommendation

Do not bid on the current evidence alone. Consider only after verifying the tenancy rent, service charges, unit-specific condition, auction fees and seller’s special conditions; the completed-sale evidence suggests potential guide-price discount but does not establish an investable return.

Strategy Rating

Analysis Confidence

There is one relevant completed sale and clear lease/ground-rent information, but no rent, exact-unit comparable confirmation, works assessment, service-charge information or complete acquisition-cost schedule.