2-bedroom flat · BB12 8PX
Listing removedReduced £50 (−6.3%) on 21 JunListed 202 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Property Reference: K7ZU available immediately – exceptionally large 2-bedroom apartment A rare opportunity to secure an exceptionally spacious 2-bedroom apartment set within a beautifully converted, well-insulated mill.
This is not your typical rental - the property offers three very large rooms, providing flexibility for living, working, or additional space rarely found.
Key Features: Exceptional Space: Three expansive rooms, plus a kitchen, bathroom, storage, and a large welcoming hallway - ideal for those who value space and comfort.
Secure Parking: On-site parking available for convenience and peace of mind. Stunning Views: Enjoy impressive views over the town and surrounding countryside.
Prime Location: Excellent access to Manchester and the M65 motorway - perfect for commuters. Quiet & Secure Setting: Located within a well-maintained, peaceful development.
Excellent Amenities Nearby: Just a 5-minute walk to the town centre, including Tesco Extra, Lidl, shops, and restaurants.
Additional Information: Viewings: Available most afternoons and evenings (weekdays & weekends). Early viewing is highly recommended.
Priority Applicants: Preference given to tenants able to pay 6–12 months’ rent in advance. Guarantor: Homeowner guarantor required.
Rent: From £795 pcm Service Charge: £100 pcm Pets: Considered (may be subject to up to 5% rent increase) A truly spacious and secure apartment - properties of this size and quality are rarely available.
Contact us today to arrange your viewing.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
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FAQ
About 40, Victoria Apartments, Padiham
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