Apartment 414, 15 Hatton Garden, Liverpool, Merseyside, L3 2HB

Description

A Two Bedroom Apartment. A leasehold fourth floor apartment comprising: hallway, open plan lounge /kitchen, master bedroom with en-suite, second bedroom and bathroom.

Accommodation

Hallway, open plan lounge/kitchen, master bedroom with en-suite, second bedroom and bathroom. Measurements: Lounge/kitchen - 6.08m x 8.6m; Bedroom 1 - 6.55m x 7.03m; Bedroom 1 en suite - 1.39m x 2.46m; Bedroom 2 - 2.84m x 6.54m; Bathroom - 1.9m x 2.92m.

Location

Situated in Liverpool City Centre, well placed for shops, restaurants and a short walk to the train station.

Tenure / Property Information

Investment Analysis

The five supplied completed sales for 15 Hatton Garden range from £60,000 to £115,000, with three sales between £60,000 and £83,000. A base GDV of £78,000 is used as the midpoint supported by the evidence, but the variation is material and the sales are not identified as the same apartment. The lease term and other legal-pack details remain unconfirmed.

Investment Snapshot

Strategy Recommendation

Do not bid on the current evidence alone. Obtain and review the legal pack, especially the lease term and leasehold liabilities, and secure reliable rental and cost information before considering a BTL, BRRR or flip strategy.

Works Required

No specific physical defects or refurbishment requirements are evidenced. Verify condition, lease terms, service-charge information and any required works in the legal pack before bidding.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £78,000 base GDV, 75% refinancing equates to £58,500. The refinance proceeds are below the £66,000 guide before the £1,500 premium, £3,600 minimum admin charge and other costs, while works and leasehold liabilities are unknown. BRRR viability therefore cannot be confirmed.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. At the £66,000 guide, known buyer premium and minimum admin charge add £5,100 before any additional fees, works, finance or ongoing leasehold costs.

Flip Analysis

A potential resale value is indicated by the supplied completed sales, but the evidence ranges from £60,000 to £115,000 and does not identify this specific apartment. A flip surplus cannot be calculated because refurbishment costs, selling costs and additional purchase costs are not sufficiently evidenced.

Investor Risks & Due Diligence

• Lease length and other title details are only available in the legal pack.

• Completed sale prices for the building vary materially from £60,000 to £115,000.

• No sufficiently specific rental evidence or auctioneer rent estimate is supplied.

• The £66,000 guide is subject to a £1,500 buyer premium and a minimum £3,600 admin charge, with possible additional fees.

• EPC rating is D and council tax is Band F.

Recommendation

Do not bid on the current evidence alone. Obtain and review the legal pack, especially the lease term and leasehold liabilities, and secure reliable rental and cost information before considering a BTL, BRRR or flip strategy.

Strategy Rating

Analysis Confidence

There are several same-address completed sales and known auction charges, but the specific unit match, lease details, rent, condition, works, service-charge liabilities and additional fees are not supplied.