Modern Method of Auction
Auction date not yet published
2-bedroom bungalow · BB1 9SX
For saleListed 79 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Mayets are delighted to offer for sale this excellent true bungalow, representing a fantastic first-time buy, downsizer or investment opportunity, occupying an enviable corner plot with exciting potential to extend, subject to the necessary permissions, in the popular area of Roe Lee.
Ideally situated close to good local schools, amenities and excellent motorway links.
The property briefly comprises a fully fitted kitchen which has been tastefully facelifted and offers an electric point for a cooker.
There is also a good-sized lounge with fitted carpet, a feature fireplace and bay window, creating a warm and inviting living space.
The accommodation further comprises a carpeted master bedroom with modern décor and a second bedroom which is also carpeted and presented in neutral tones.
The family shower room is fully tiled and fitted with a shower cubicle with electric shower, low level W.C.
And wash basin.*******For Sale by modern method of auction terms and conditions apply********** Externally, the property enjoys a substantial lawned garden to the front and side, offering fantastic potential for extension or further landscaping, subject to planning.
There is also a driveway and a useful outdoor shed.
This excellent true bungalow offers fantastic potential for cosmetic improvement and future development, making it an ideal purchase for first-time buyers, downsizers or investors seeking a well-located home with scope to add value.
The property benefits from storage heaters, UPVC double glazing and clean carpets throughout.
Reception:5.64m x 3.13m Kitchen:3.27m x 2.65m Bedroom one:3.98m x 3.3m Bedroom two:3.31m x 2.47m Shower room:2.57m x 1.95m Call now to arrange a viewing! Council Tax Band: A (Blackburn with Darwen bc)
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 8 Highbank, Blackburn
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