Apartment 106, 1 William Jessop Way, Liverpool, Merseyside, L3 1DZ

Description

A First floor One Bedroom Apartment. The property comprises: Hall, Open plan lounge / kitchen area, bedroom and bathroom. Situated on the waterfront at Princes Dock & Half Tide Dock approximately five minutes’ walk from Moorfields Train Station and the Liverpool City Centre.

Accommodation

Hall, open plan lounge / kitchen area, bedroom and bathroom.

Location

Situated on the waterfront at Princes Dock & Half Tide Dock, approximately five minutes’ walk from Moorfields Train Station and Liverpool City Centre.

Tenure / Property Information

Investment Analysis

The supplied sold evidence is for the same building/address but does not identify the relevant flat, bedroom count, floor, size, condition or transaction circumstances. Prices range from £83,000 to £220,000, so it does not support a reliable unit-specific GDV. The £65,000 guide is below all supplied comparables, but the valuation discount cannot be quantified from the evidence. No rental evidence or refurbishment specification is provided.

Investment Snapshot

Strategy Recommendation

Do not bid on investment assumptions alone. Proceed only after legal review, physical inspection and confirmation of unit-specific value, rent, service charges and all auction costs.

Works Required

No specific works are evidenced. Allow for inspection and verification of the apartment’s condition, fixtures, services and common parts before bidding; no refurbishment allowance can be quantified.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR assessment is not supportable without a unit-specific GDV, rent, condition assessment, works budget and confirmation of refinance terms. The supplied comparable range is too wide to calculate a dependable refinance value.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. At the £65,000 guide, the known buyer premium and minimum administration charge bring the purchase cost to £70,280 before any other fees, finance, service charges, council tax, insurance, maintenance or voids.

Flip Analysis

A flip surplus cannot be calculated because the relevant flat’s resale value, works cost and selling allowance are unsupported. The available same-address sales range is £83,000–£220,000 but is not sufficiently specific for this apartment.

Investor Risks & Due Diligence

• Wide and non-unit-specific sold comparable range creates substantial valuation uncertainty.

• No sufficiently specific rental evidence is available, preventing a supported yield assessment.

• Property condition and any required refurbishment costs are unknown.

• Additional search, seller, legal, transfer and other disbursement fees may apply.

• Leasehold service charges, reserve fund, ground rent and management information are not supplied.

• The lease wording and remaining term should be verified from the title and lease documents.

Recommendation

Do not bid on investment assumptions alone. Proceed only after legal review, physical inspection and confirmation of unit-specific value, rent, service charges and all auction costs.

Strategy Rating

Analysis Confidence

Property identity and basic leasehold details are supplied, but the comparable sales are not unit-specific, while rent, condition, works, service charges and additional completion costs are unavailable.