46 Heald Street, Liverpool, Merseyside L19 2LY

Description

A two Bedroom Apartment. A leasehold apartment comprising: Hallway, open plan living room/kitchen, two bedrooms and a bathroom. Externally there is communal parking.

Accommodation

Hallway, open plan living room/kitchen, two bedrooms and a bathroom.

Location

Situated in the centre of Garston and close to local shops and schools. South Parkway rail station provides direct links to Liverpool and Manchester.

Tenure / Property Information

Investment Analysis

Same-street completed sales range from £60,000 to £107,000, with the latest supplied sale at £107,000. A cautious HB scenario range is £85,000–£107,000, with a £100,000 base GDV estimate. The £75,000 guide is before buyer premium, admin charges and any disbursements.

Investment Snapshot

Strategy Recommendation

Potential BTL purchase only if inspection, legal-pack review and achieved-rent evidence support the guide price. Do not rely on the higher advertised rent without verification.

Works Required

No specific works are evidenced. Confirm condition, lease details and any required works through inspection and the legal pack.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the guide, the stated buyer premium and minimum admin charge total £4,800, before disbursements and any works. A 75% refinance of the £100,000 base GDV would be £75,000, but total project cost and cash recycling cannot be established without refurbishment and other cost evidence.

Buy-to-Let Analysis

Advertised two-bedroom rents range from £900 to £1,676 pcm, producing indicative gross yields of approximately 14.4%–26.8% against the £75,000 guide. These are asking rents, not achieved rents. Service charge is £2,000 annually and ground rent is £150 annually; finance, management, voids and maintenance are not supplied.

Flip Analysis

The base GDV estimate is £100,000 against a £75,000 guide. However, refurbishment costs, selling costs, finance costs and full acquisition costs are incomplete, so a reliable flip surplus cannot be calculated.

Investor Risks & Due Diligence

• Rental evidence is advertised asking rent and varies materially from £900 to £1,676 pcm.

• The £2,000 annual service charge and £150 ground rent reduce net returns.

• Additional disbursements and seller or legal costs may be payable under the auction terms.

• Comparable completed prices range widely from £60,000 to £107,000.

• Property condition and any refurbishment requirement are not evidenced.

• Leasehold legal terms and remaining lease position should be verified from the legal pack.

Recommendation

Potential BTL purchase only if inspection, legal-pack review and achieved-rent evidence support the guide price. Do not rely on the higher advertised rent without verification.

Strategy Rating

Analysis Confidence

There are several same-street completed sales and rental listings, but condition, occupancy, achieved rent, refurbishment costs, disbursements and full lease/legal details are incomplete.