2-bedroom flat · FY4 1RB
Listing removedListed 270 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious second-floor apartment with west-facing balcony.
Features a bright lounge with patio doors, functional kitchen, two double bedrooms (master with fitted wardrobes and WC), five-piece bathroom, double glazing, garage and communal gardens.
Close to shops, transport, supermarkets and the promenade.
Introduction This well-proportioned second-floor apartment offers comfortable accommodation throughout and benefits from a west-facing balcony, making it an ideal home or investment opportunity.
The apartment is accessed via a well-maintained communal entrance and opens into a welcoming hallway.
The spacious lounge is a standout feature, enjoying plenty of natural light and patio doors leading directly onto the west-facing balcony, providing an ideal space to relax and enjoy afternoon and evening sun.
The kitchen is functional and well laid out, offering ample storage and worktop space, with clear potential for modernisation and improvement to suit personal tastes.
There are two generous double bedrooms, both well sized for bedroom furniture.
The master bedroom benefits from fitted wardrobes and also includes a private WC with toilet and sink, providing added convenience. The second bedroom is equally well proportioned and versatile.
The apartment is served by a five-piece bathroom suite, comprising a bath, separate shower cubicle, WC, bidet, and wash hand basin.
All windows throughout the property are double glazed, enhancing comfort and energy efficiency.
Externally, the property further benefits from a private garage, along with well-kept communal gardens featuring lawned areas, ideal for residents to enjoy.
The location is particularly convenient, being within close proximity to local shops, bus routes, supermarkets, and the promenade, making this an excellent choice for those seeking easy access to amenities and coastal walks.
Overall, this apartment offers spacious living, excellent potential, and a highly desirable location. 999 Year Lease - Starting 1987 Ground rent - £80 per year
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
FAQ
About Flat 8, Herne Hill Lodge, 598, Lytham Road, Blackpool
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