Flat 5, 8 Colquitt Street, Liverpool, Merseyside, L1 4DE

Description

A two bedroom flat. A leasehold first floor apartment comprising hall, open plan lounge/kitchen/dining area with access to the balcony, two double bedrooms and bathroom.

Accommodation

Hall; open plan lounge/kitchen/dining area with balcony access; two double bedrooms; bathroom. Measurements: Lounge/kitchen 6.16m x 6.24m; Bedroom 1 3m x 4.1m; Bedroom 2 2.34m x 2.85m; Bathroom 2.25m x 2.73m.

Location

Situated in the centre of Liverpool and close to several bars and restaurants on Bold Street and Wood Street.

Tenure / Property Information

Investment Analysis

Five completed sales at the same Colquitt Street address range from £128,750 to £160,000, with the latest at £150,000. These are leasehold flats/maisonettes but are not identified as the subject flat, so they provide indicative rather than definitive evidence. A base GDV of £150,000 is used, with a supported comparable range of £128,750–£160,000. The £75,000 guide represents a substantial discount to these sales, subject to legal, condition and tenure due diligence.

Investment Snapshot

Strategy Recommendation

Proceed only conditionally, subject to inspection, legal-pack review and confirmation of achievable rent and all auction-related costs. The apparent discount supports further investigation, but the evidence is insufficient to select BTL, BRRR or flip with confidence.

Works Required

No refurbishment defects or required works are evidenced. Inspect the flat and review the legal pack before budgeting; any works allowance remains unsupported.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

Using the £150,000 base GDV, 75% refinancing equates to £112,500. Against the guide plus the stated £5,160 buyer/admin charges, this indicates £32,340 before works, finance, tax and other fees, but total project cost and cash left in cannot be calculated because condition, refurbishment and additional costs are unsupported.

Buy-to-Let Analysis

BTL appraisal cannot be completed because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. At the £75,000 guide, the known buyer premium is £1,560 and the administration charge is £3,600, being the applicable minimum, giving £80,160 before works and other possible fees; actual yield therefore cannot be established.

Flip Analysis

The comparable evidence indicates potential value uplift from the £75,000 guide to a £150,000 base GDV. However, refurbishment costs, selling costs, finance, tax and other auction disbursements are not supplied, so a reliable flip surplus or maximum bid cannot be calculated.

Investor Risks & Due Diligence

• No sufficiently specific rental evidence, preventing yield and BTL assessment.

• No condition survey or refurbishment cost information is supplied.

• Comparable sales are at the same address but are not confirmed as the subject flat.

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

• Leasehold title, ground rent of £150 and the full lease/legal terms require verification.

Recommendation

Proceed only conditionally, subject to inspection, legal-pack review and confirmation of achievable rent and all auction-related costs. The apparent discount supports further investigation, but the evidence is insufficient to select BTL, BRRR or flip with confidence.

Strategy Rating

Analysis Confidence

There is useful same-address completed-sale evidence and clear auction charges, but the comparables are not identified as the exact flat and there is no rental, condition, refurbishment or full-fee evidence.