2-bedroom flat · BB1 8EX
Listing removedListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Mayets are delighted to offer for sale this spacious two-bedroom ground floor apartment, conveniently located with access from both Wimberley Street and St James Road, offered for for sale by modern method of auction.
Requiring some modernisation, this presents an excellent opportunity to add value.
The accommodation comprises a generous main reception room, two well-proportioned double bedrooms, and a family bathroom with feature tiling and electric shower..
The property benefits from private access via a communal entrance, along with the added advantage of a useful storage room.
The property offers strong investment potential, with an estimated annual rental income of £8,400-£9,000, providing a potential gross yield of 15% or more.
Externally, there is a communal lawned area for residents to enjoy.
Dimensions: Reception room: Kitchen:2.75m x 2.41m Bedroom one:3.8m x 3.52m Bedroom two:4.09m x 2.72m Family bathroom:1.81m x 1,78m Tenure: Leasehold Ground Rent: £20 per month
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 17 Snowdon Avenue, Blackburn
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