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See how verdicts work2-bedroom flat · BB18 5ND
Listing removedListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal investment opportunity. Converted apartments from the old Lloyds Bank Buildings. This is a ground floor apartment with one bedroom and spacious combined living to kitchen space.
With good sitting tenant. This ground floor flat is located in the old converted Lloyds Bank building. Done to a good specification with a good sitting tenant it is an ideal instant investment.
Accessed from the front of the building into a glass walled vestibule area. This leads you into the spacious living / dining and fitted kitchen with integral appliances.
From here there are two inner doors; one leading to a hallway for the main bedroom and a door leading into the communal hallway for access to the rear of the property.
The main bedroom is linked directly into the three piece shower suite which has another door to the internal hallway. From there you can reach the second bedroom and back into the living area.
Centrally located to take full advantage of the amenities of the town. Call our Sales Team to register your interest.
Living Area (4.72m x 4.72m (15' 6" x 15' 6")) Dining Area (2.82m x 1.78m (9' 3" x 5' 10")) Kitchen (0.6m x 5.49m (2' 0" x 18' 0")) Bedroom One (3.76m x 3.4m (12' 4" x 11' 2")) Bedroom Two (2.7m x 3.8m (8' 10" x 12' 6")) Bathroom (2.6m x 2.82m (8' 6" x 9' 3"))
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
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FAQ
About Flat 1, 1, Bank Buildings, Lancashire
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