We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · BB12 8PX
Sold STCListed 106 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Attention Investors! Petty Real are delighted to offer Victoria Apartments, Padiham — a fantastic investment opportunity with a tenant in situ generating £600 per calendar month (£7,200 per annum).
Perfect for investors seeking a ready-made rental property with a strong yield and minimal hassle.
Situated on the second floor, this spacious one-bedroom apartment offers comfortable living in a well-maintained complex.
Upon entering, you’re welcomed by an entrance hall leading directly to a generously sized double bedroom, large enough to accommodate a variety of freestanding furniture such as wardrobes, bedside tables, and a desk.
From here, you’ll enjoy beautiful panoramic views over Padiham and the scenic Hambledon Hill beyond.
Across the hall lies a modern three-piece bathroom suite, featuring a bath with overhead shower, wash basin, and WC.
The fitted kitchen sits adjacent, offering excellent counter space wrapping around three sides, with an integrated oven and electric hob on the far wall and a sink positioned conveniently near the entrance.
The reception room is bright and spacious, ideal for both relaxing and entertaining, with ample room for an L-shaped sofa, coffee table, and media unit.
The apartment is heated via electric storage heaters, and while there is no gas supply, the property remains cost-efficient and low maintenance.
Externally, residents benefit from off-road parking located at the front of the complex.
Victoria Apartments occupies a prime position in the heart of Padiham, within easy reach of local shops, amenities, and highly regarded primary and secondary schools.
With excellent transport links and all essentials close by, this property is ideal for tenants and investors alike.
Don’t miss out on the chance to own a solid investment in one of the UK’s happiest towns — book your viewing today!
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Victoria Apartments, Padiham, Burnley
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