2-bedroom house · BL2 5EH
Listing removedReduced £10k (−8.7%) on 21 AugListed 182 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom end mews property offers a fantastic opportunity for buyers looking for a home with masses of scope for renovation and adding their own touches.
The ground floor provides two separate reception rooms, offering flexible living and dining space, along with a conservatory to the rear which enjoys views over the garden and adds further living accommodation.
To the first floor are two good sized bedrooms and a family bathroom.
The property also benefits from a partial loft space conversion, presenting excellent potential for further development into additional accommodation, subject to the necessary planning permission and building regulations.
Externally, the home features off street parking and outdoor space, adding to its appeal for a wide range of purchasers.
Requiring modernisation throughout, this property represents an ideal project for investors, developers or owner occupiers looking to add value and create a home tailored to their own taste.
Early viewing is strongly recommended to fully appreciate the potential on offer.
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
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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 8, Ribchester Grove, Lancashire
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