Ready-made rental with refurbishment upside near local amenities.
Ground-floor one-bedroom flat, approx. 776 sq ft
Currently let on AST, producing £6,600 pa rental income
Victorian converted building with high ceilings and large windows
Mains gas central heating; EPC rating D
Leasehold tenure unclear; ground rent/service charge TBC
Sold at auction — buyer to confirm lease details and reserve
Local area: very high crime and very deprived — affects demand
Solid brick walls likely uninsulated; glazing quality not defined
A spacious ground-floor one-bedroom flat in a converted Victorian building, offered at auction with immediate investment potential. The property extends to approximately 776 sq ft with high ceilings and large windows that preserve period character while creating light, airy rooms. It is currently let on an Assured Shorthold Tenancy producing £6,600 per annum, making this a ready-made rental purchase for a buy-to-let investor.
Practical features include mains gas central heating with boiler and radiators, communal gardens and an intercom system. The building sits close to local amenities, schools and transport links, about five miles from Liverpool city centre. An EPC rating of D and Council Tax Band A reflect modest running costs but also point to straightforward energy improvements that could add value.
Important considerations: the tenure details are unclear and the flat is being sold at auction, so buyers must confirm lease length, ground rent and service charge (both TBC). The local area records very high crime and very high deprivation, which will affect long-term demand and management. The building is historic (pre-1900) with solid brick walls likely lacking insulation and glazing quality not defined — further refurbishment or energy upgrades may be required.
This lot suits investors seeking an income-producing asset with upside from investment in energy efficiency and internal refurbishment. It may also appeal to hands-on buyers comfortable buying at auction who can resolve tenure queries and manage tenancy continuity or re-letting after purchase.
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