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See how verdicts work2-bedroom flat · FY4 1RB
For saleListed 73 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
COMMUNAL ENTRANCE HALL Secure entry to the front and rear of the building leading into a communal hallway.
APARTMENT HALLWAY 26' 09" x 3' 09" (8.15m x 1.14m) Entrance door, economy 7 storage heater, cloakroom and storage cupboard, coved ceiling, carpet.
LOUNGE 17' 04" x 16' 06" (5.28m x 5.03m) Spacious lounge with a upvc double glazed door leading to the front garden area.
The room has a living flame effect fire unit set in a fireplace surround, with the room having a TV entertainment area, and two wall mounted electric heater.
BREAKFAST KITCHEN 12' 03" x 10' 00" (3.73m x 3.05m) Fitted with a matching range of base and eye level units, cornice trims, drawers and round edged worktops.
There is an integral four ring electric hob, oven and microwave, with space for fridge/freezer and automatic washing machine and space for a breakfast seating area and window unit to the rear elevation.
BEDROOM 2 15' 09" x 10' 00" (4.8m x 3.05m) Double glazed window to the front, economy 7 storage heater, coved ceiling, carpet, door to : BATHROOM 7' 00" x 6' 09" (2.13m x 2.06m) Three piece suite comprising: Shower cubicle, close coupled W.C and pedestal wash hand basin, wall tiling, vinyl flooring.
BEDROOM 1 11' 09" x 16' 07" (3.58m x 5.05m) Double glazed window to the front, economy 7 storage heater, cupboard housing immersion heater, carpet.
EN-SUITE 8' 01" x 3' 06" (2.46m x 1.07m) Three piece bathroom suite comprising of a deep panelled bath, low level W.C and pedestal wash hand basin, wall tiling, vinyl flooring.
GARAGE TO REAR Single garage with up and over door. COMMUNAL GARDENS Communal gardens tot he front of the property which are very well maintained.
LEASE INFORMATION The vendors have informed us of the following information.
At the present time the service charge is £180 per month and covers all external maintenance to the building, building insurance but not home contents, maintenance and repairs to the lift, communal area cleaning and maintenance and maintenance of the gardens.
The ground lease is for 999 years less 10 days from 25 March 1987.
PROPERTY INFORMATION This very spacious and well presented ground floor apartment is situated in a very popular residential pocket of South Shore.
The property has ample living space and two spacious bedrooms, with one having an en-suite bathroom.
The property is very convenient for local transport links and doctors and dentist surgeries and also has well maintained communal gardens and a private garage.
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 Herne Hill Lodge, Lytham Road
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