1-bedroom flat · BB1 1ED
Listing removedReduced £50 (−5.9%) on 21 AugListed 140 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Mayets are delighted to offer for rent this recently renovated one bedroom apartment in the much sought after area of Audley.
Close to town centre, train station and Blackburn Royal Hospital. Hospital. Ideal for a Doctor working at Blackburn Royal.
The property briefly comprises of an entrance hallway which leads to the open plan kitchen and dining room.. The kitchen has an electric hob, microwave oven, washing machine and fridge freezer.
The living room also has a three seater sofa, desk, book case, modern décor and the sliding patio doors lead out onto the balcony. The bedroom has a bed, wardrobe and chest of drawers.
The bathroom has a three piece suite, electric shower and vinyl flooring. There is also designated parking. Council Tax Band: A (Blackburn with Darwen bc) Deposit: £980.76 Holding Deposit: £196.15
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 8 Merchants House, Blackburn
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