2-bedroom flat · PR1 3JU
For saleReduced £10k (−5.9%) on 11 SepListed 901 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Luxury two double bedroom ground floor apartment boasting two bathrooms and secure parking for two vehicles. Tenant in situ until November 2026 with income of £9,300 per anum.
Situated within this sought after city centre location on Winckley Square offering excellent access to local amenities, restaurants and wine bars, train station and Avenham Park.
The accommodation briefly comprises; hallway, lounge/diner, modern fitted kitchen with integrated appliances, two double bedrooms, master en-suite shower room and four piece bathroom.
Double glazing, gas central heating system, secure parking for two vehicles. No chain delay and viewing highly recommended.
Hallway Wood panelled door, vertical column radiator, laminate flooring and storage cupboard.
Lounge (2.95m x 6.11m) Doublle glazed sahs window to the side and two to the rear, vertical column radiator and laminate flooring.
Kitchen (2.28m x 1.67m) Double glazed sash window, range of wall and base units with complementary work surfaces, stainless steel sink and drainer, electric hob and oven with extractor, integrated microwave, fridge, freezer, washer and dishwasher, boiler and laminate flooring.
Bedroom One (3.08m x 2.95m) Double glazed window to the rear and radiator.
Master En-Suite (2.21m x 0.8m) Modern three piece suite comprising; shower cubicle, wash basin, low flush wc, tiled walls and flooring, heated towel rail and shaver point.
Bedroom Two (3.49m x 2.16m) Double glazed window to the rear and radiator.
Bathroom (5.29m x 1.36m) Modern three piece comprising; bath, separate shower cubicle, wash basin, low flush wc, part tiled walls, tiled flooring, heated towel rail and shaver point.
Parking Allocated parking space for two vehicles on the ground floor in the secure garage.
Council Tax Band & Tenure We have been advised by the seller that the Council Tax Band is Band D and the Tenure is Leasehold.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Flat 2, 5, Winckley Square, Lancashire
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