1-bedroom flat · BL9 7DJ
To rentReduced £50 (−6.7%) on 19 OctListed 165 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO LET - a 1 bedroom ground floor apartment on Wash Lane, Bury. The property comprises; entrance hallway, open plan kitchen and living space, double bedroom, and shower room.
The building has 9 self-contained units with secure entrance into the communal hallway. The apartments are all finished to a high standard with fitted kitchen, and uPVC double glazing throughout.
Located just minutes from Bury town centre and all it's amenities, as well as being close to local transport links and the M66 motorway, this is one not to be missed.
Please note - new pictures to follow, current pictures are of a similar flat in the building. For more information or to register your interest, get in touch today!
Additional Information Redress Scheme - The Property Ombudsman Client Money Protection - NALS/SafeAgent Right to Rent - You must provide us with evidence to show you are eligible to rent a property in the UK.
Permitted Payments - For properties in England, the Tenant Fees Act 2019 means that in addition to rent, lettings agents can only charge tenants (or anyone acting on the tenant's behalf) the following permitted payments: - Holding deposits (a maximum of 1 week's rent); - Deposits (a maximum deposit of 5 weeks' rent for annual rent below £50,000); - Payments to change a tenancy agreement (capped at £50 or, if higher, any reasonable costs); - Payments associated with early termination of a tenancy (capped at the landlord's loss or the agent's reasonably incurred costs); - Utilities, communication services (eg.
telephone, broadband), TV licence and council tax; - Interest payments for the late payment of rent (up to 3% above Bank of England's annual % rate); - Reasonable costs for replacement of lost keys or other security devices; - Contractual damages in the event of the tenant's default of a tenancy agreement; and - Any other permitted payments under the Tenant Fees Act 2019.
Please visit our Belvoir Tenant page for further information. EPC rating: C.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 116 Wash Lane, Bury, BL9
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