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See how verdicts work2-bedroom flat · WN2 3NU
Listing removedListed 484 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Service charge (For Leasehold tenure): £1400 per year. Ground rent (For Leasehold tenure): £150 per year.
A fantastic opportunity to purchase this modern and stylish two-bedroom second-floor apartment, tucked away on a sought-after residential estate in Hindley.
Enjoying lovely open views and finished to a high standard throughout, this property is ideal for investors seeking a turn-key rental with a reliable tenant already in place.
The apartment offers a bright and spacious open-plan kitchen and living area, perfect for contemporary living and entertaining.
The kitchen is sleek and well-fitted, flowing seamlessly into the lounge to create a light, open space.
Both bedrooms are well-sized and presented in excellent condition, while the standout feature is the luxurious four-piece bathroom suite, which includes a separate shower cubicle and bathtub, providing both practicality and comfort.
Additional benefits include a secure intercom entry system and access to a private residents’ car park, with a designated parking space for the apartment and additional visitor parking available.
The apartment is located on the first floor and enjoys attractive views from its elevated position.
The property is currently let at £710 per calendar month with a tenant in situ, making it an ideal investment opportunity. The annual ground rent is £150 pa, and the service charge is £1,400 pa.
Situated close to Hindley town centre, local amenities, and excellent transport links, this property offers convenience, comfort, and strong rental appeal. Viewings are available by appointment.
Council band - A
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About 8, Addington Close, Hindley
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