2-bedroom flat · BB1 2RB
Sold STCListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom penthouse apartment conveniently situated on this residential development. Close to the Royal Blackburn Hospital and within easy reach of the motorway network.
The accommodation briefly comprises; two double bedrooms, a three piece bathroom and open plan living/kitchen area. The property is currently tenanted, this would be ideal for investors.
TENURE Leasehold ACCOMMODATION ENTRANCE HALL White painted walls, white painted ceiling, laminate wood flooring OPEN PLAN LOUNGE/DINING AREA Magnolia painted walls, laminate flooring, 4 velux windows, 2 bar stools KITCHEN AREA Built in oven, hob, extractor, laminate flooring BEDROOM ONE Magnolia painted walls, brown carpet, velux double glazed window BEDROOM TWO Magnolia painted walls, brown carpet, velux double glazed window THREE PIECE BATHROOM Panelled bath with shower and screen, WC, wash basin, velux window, vinyl flooring PLEASE NOTE VIEWINGS ARE TO BE ARRANGED THROUGH PROCTORS AND ARE BY APPOINTMENT ONLY.
WE HAVE NOT TESTED ANY APPARATUS, EQUIPMENT, FIXTURES, FITTINGS OR SERVICES AND SO CANNOT VERIFY IF THEY ARE IN WORKING ORDER OR FIT FOR THEIR PURPOSE.
Agents are required by law to conduct anti-money laundering checks on all those renting or buying a property. The cost of these checks is £20 per check. This is a non-refundable fee.
These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the office proceeding with checks.
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 Pankhurst Close, Blackburn
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