Flat 2, 1 Sefton Drive, Sefton Park, Liverpool

Description

A two bedroom second floor flat forming part of an attractive bay fronted building. In need of modernisation. Vacant.

Accommodation

Second Floor - Entrance Hallway, Reception Room, Kitchen, Two Bedrooms, Bathroom/WC.

Location

Located on Sefton Drive, accessed off Sefton Park Road and Ullet Road. Local shops and everyday services are available within Liverpool city centre. Recreational options include nearby Princes Park, Sefton Park and Wavertree Sports Park Playground. Transport links via St Michaels and Brunswick stations. St Michaels - Merseyrail. Edhe Hill - Northern.

Tenure / Property Information

Investment Analysis

The five supplied completed sales on Sefton Drive range from £138,500 to £225,000. However, they relate to different flat numbers and provide no bedroom count, floor area, condition, lease terms or specification. As this flat is described as requiring modernisation, the evidence is insufficient to establish a reliable GDV or valuation range.

Investment Snapshot

Strategy Recommendation

Do not set a bid or proceed on the current evidence alone. Review the legal pack, inspect the flat, establish the modernisation scope and obtain specific rental and comparable-sales evidence before considering BTL, BRRR or resale.

Works Required

Modernisation of the flat, with the precise scope and cost to be confirmed through inspection and the legal pack. The supplied description does not identify specific defects or required installations.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

The purchase, modernisation and refinance case cannot be quantified. A new 999-year lease is stated to be granted on completion, but the remaining legal-pack terms and a supported post-works valuation require confirmation.

Buy-to-Let Analysis

A BTL assessment cannot be completed because no sufficiently specific rental comparable or auctioneer rent estimate is supplied. The flat is vacant, and refurbishment costs, operating costs and buyer costs are also unknown.

Flip Analysis

The supplied sales indicate completed transactions between £138,500 and £225,000 on the same road, but they are not sufficiently comparable to support a base resale value. Modernisation costs and selling allowances are also unavailable, so flip profit cannot be calculated.

Investor Risks & Due Diligence

• Modernisation scope and cost are not specified.

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

• The supplied sold comparables lack size, bedroom, condition and specification details.

• The legal-pack terms for the new 999-year lease require review.

• Buyer, administration and other transaction costs are not supplied.

• The guide price is not a formal valuation.

Recommendation

Do not set a bid or proceed on the current evidence alone. Review the legal pack, inspect the flat, establish the modernisation scope and obtain specific rental and comparable-sales evidence before considering BTL, BRRR or resale.

Strategy Rating

Analysis Confidence

The property type, bedroom count, vacancy, tenure, guide price and some nearby completed sales are supplied, but there is no specific rent, condition budget, floor area, buyer fee, operating-cost or detailed lease evidence.