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 work2-bedroom flat · FY8 5EW
Sold STCListed 164 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OPPORTUNITY TO PURCHASE A FIRST FLOOR FLAT IN THE HEART OF LYTHAM AT A FANTASTIC PRICE, IN NEED OF UPDATING THROUGHOUT THIS WOULD MAKE AN IDEAL PROJECT/INVESTMENT Self-Contained Flat with Private Entrance Hallway, Split-Level Landing, Spacious Lounge with views over Clifton Street, Kitchen, Two Double Bedrooms and Bathroom.
Private Parking to Rear. Entrance Hall The property is accessed via external stairs to first floor. Composite front door.
First Floor Landing Split level stairs with ceiling light, two storage heaters, loft access and doors leading off to: Lounge - 4.63 x 3.6 - at max m (15′2″ x 11′10″ ft) UPVC windows to the front aspect, ceiling light, panel heater, fireplace.
Kitchen - 5.12 x 2.75 m (16′10″ x 9′0″ ft) Base and wall units with laminate worktop surfaces incorporating a stainless steel sink and drainer unit, ceiling light, panel heater, UPVC window to the rear aspect.
Bedroom One - 3.54 x 3.43 m (11′7″ x 11′3″ ft) UPVC window to the side aspect, ceiling light, panel heater.
Bedroom Two - 3.67 x 2.89 - at max m (12′0″ x 9′6″ ft) UPVC window to the side aspect, ceiling light, panel heater.
Bathroom - 3.68 x 1.93 m (12′1″ x 6′4″ ft) Comprising bath, WC, pedestal hand wash basin, ceiling light, UPVC obscure glazed window to the side aspect.
External The property is located in the heart of Lytham, with all shops, amenities and transport links right on the doorstep.
The property is self-contained and benefits from a private parking space to the rear. Tenure/Council Tax/EPC The property is leasehold subject to an annual ground rent of £100 per annum.
Council tax band B. EPC TBC.
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 Clifton Street, Lytham
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