Apartment No. 102, Pembroke Studios, Liverpool, Merseyside, L3 5BB

Description

A modern studio apartment with tenant in situ located in Liverpool close to local amenities and transport links. This property offers a great opportunity to expand or start a rental portfolio.

Accommodation

Modern studio apartment

Location

Located in Liverpool, close to local amenities and transport links.

Tenure / Property Information

Investment Analysis

The five supplied leasehold flat/maisonette sales at 2 Lower Gill Street, Liverpool L3 5BB range from £18,500 to £50,000, with other recorded sales at £35,000. These transactions show substantial price variation and are not the subject apartment, so they provide only indicative evidence. A base GDV of £35,000 is used, with low and high scenarios of £18,500 and £50,000. The auction guide of £25,000–£35,000 sits within this evidence range. No rental evidence, lease length, service charge or ground rent information is supplied.

Investment Snapshot

Strategy Recommendation

Do not bid without reviewing the tenancy, lease, service-charge and ground-rent details and confirming the full legal-pack costs. Treat the property as a cautious income investment only if the passing rent supports the price and charges.

Works Required

No specific refurbishment works are evidenced. The apartment is described as modern and has EPC B. Any works, compliance requirements or redecoration costs should be confirmed from inspection and the legal pack.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A base GDV of £35,000 is supported only indicatively by nearby supplied sales. BRRR viability cannot be calculated reliably because rent, refurbishment costs, lease details and total acquisition costs are unavailable. The 75% refinance assumption cannot be applied meaningfully without a confirmed project cost and lender-specific terms.

Buy-to-Let Analysis

The property is tenanted, but no passing rent or sufficiently specific rental comparable is supplied. BTL yield, cash flow and affordability therefore cannot be established. The buyer premium and admin charge total £3,600, before any disbursements or other legal-pack costs.

Flip Analysis

A flip assessment is not sufficiently supported. The base GDV is estimated at £35,000, but refurbishment, resale, finance, legal and other selling costs are unknown. The wide comparable range creates significant downside risk, so no flip surplus is calculated.

Investor Risks & Due Diligence

• Tenant is in situ but no passing rent, tenancy terms or arrears information is supplied.

• Lease term, ground rent and service-charge obligations are not provided.

• Comparable sale prices range widely from £18,500 to £50,000 and are not for the subject apartment.

• Buyer premium and admin charge total £3,600, with possible additional disbursements and seller-related costs.

• No refurbishment or inspection cost evidence is supplied.

• Yield, refinancing and cash-flow analysis cannot be completed without rent and full costs.

Recommendation

Do not bid without reviewing the tenancy, lease, service-charge and ground-rent details and confirming the full legal-pack costs. Treat the property as a cautious income investment only if the passing rent supports the price and charges.

Strategy Rating

Analysis Confidence

The evidence includes a guide, EPC, occupancy and several nearby leasehold sales, but lacks passing rent, rental comparables, lease term, service charge, ground rent, condition detail and complete acquisition costs.