2-bedroom terraced house · BB2 4ES
Listing removedListed 33 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to be offering for rent another superb property. This property is newly refurbished to a high standard.
This property is another fine example of the kind of properties we like to have on our books so we expect there to be plenty of interest in this one too. So don't hang about....
check out the pictures, and have a quick read below - making sure you meet our rental criteria before calling us to arrange a viewing. So what do we have here... Well in short..
it's what we call a minter! This property is owned by one of our excellent landlords who only believes in renting out good quality properties that are of a high standard.
This house, situated on Suffolk Street in Mill Hill, it is in impeccable condition and benefits from the following: On the Ground Floor: Front Reception Room Large Kitchen Diner at the Rear And a clean tidy generous rear yard that is a bit of a suntrap!
Upstairs on the first floor we have: A huge Master Bedroom at the front of the property A generous second bedroom at the rear A lovely large modern bathroom, with new electric shower over the bath.
And as you would expect these days... this house benefits from Gas Central Heating and is fully double glazed. Interested? Before you call us, you need to check out the important stuff..
Criteria: You will require: References.
Income: To qualify for this house you - the tenant(s) will need to have an income of equivalent to 30 x the monthly rent, so for this house, that's 30 X £850 which is: £25,500.
You Will NEED a Home Owner Guarantor.
The amount of money you will need before you can move in is: On application you will pay one weeks rent as a holding deposit which will come off the first month's rent on move in.
If the tenant pulls out for any reason or fails references the holding deposit is non-refundable. Application process takes 3 - 4 working days.
Then at Point of Moving In - £850 First Months Rent minus the holding deposit paid on application Plus Deposit of £850 Proof of Id ALL VIEWINGS ARE TO BE ARRANGED THROUGH ASSET POINT AND ARE STRICTLY BY APPOINTMENT ONLY.
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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 Suffolk Street, Blackburn
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