1-bedroom house · BB2 1QW
Listing removedListed 126 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to the market this lovely, ground floor studio bedsit accommodation.
Situated on Hazel Close, only a short walk from Blackburn Town Centre, Blackburn University, and local shops etc.
This Studio is situated on the ground floor of the main building and is easily accessible from the front door. On road parking is available outside the property at the front and rear.
We have other Studios available.
As you can see from the pictures, this self-contained studio benefits from nice new modern carpets & flooring, modern neutral decor and is comprised of the following: Main Living Space - Bedroom/Lounge.
With basic levels of furniture e.g. Bed, Wardrobe etc Kitchen Area comes with - Ample Cupboard Space, Basic Kitchen Items. Additional white goods are available on request and by negotiation.
En-Suite - with separate wash basin, WC, and shower cubicle & electric shower. Utility Bills Included.
Council Tax is not included with the rent No Smoking is permitted within the building, or within the accommodation. Interested? Before you call us, you need to check out the important stuff..
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 £500 which is: £15,000pa..
You Will need a Homeowner 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 - £500 First Month’s Rent minus the holding deposit paid on application Plus, Deposit of £500 Proof of Id all viewings are to be arranged through us and are strictly by appointment only.
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 Room, 1, Hazel Close, Blackburn
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