2-bedroom flat · BB2 7AL
Sold STCListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A UNIQUE TWO BEDROOM GROUND FLOOR APARTMENT Located on the edge of the beautiful Ribble Valley, this charming ground floor apartment is situated within a delightful retirement village complex, specifically designed for those aged 60 and over.
The property boasts two generously sized double bedrooms, providing ample space for relaxation and comfort. The modern wet room is both practical and stylish, ensuring ease of access and convenience.
The spacious kitchen is a highlight of the home, featuring contemporary fittings that make cooking a pleasure.
The bright lounge is a welcoming space, perfect for entertaining guests or enjoying quiet evenings in.
This area flows seamlessly into a lovely conservatory, which invites an abundance of natural light and offers a tranquil spot to unwind while overlooking the surrounding gardens.
This property not only offers a comfortable living space but also a vibrant community atmosphere, Larmenier Retirement Village offers residents a range of facilities.
With its thoughtful design and convenient location on Preston New Road, this apartment is a wonderful opportunity for anyone looking to embrace a fulfilling retirement lifestyle.
Ground Floor - Hall - 3.58m x 3.07m (11'9 x 10'1 ) - Reception Room - 4.78m x 4.34m (15'8 x 14'3 ) - Kitchen - 3.15m x 2.31m (10'4 x 7'7 ) - Conservatory - 3.73m x 2.87m (12'3 x 9'5 ) - Bedroom One - 3.84m x 3.07m (12'7 x 10'1 ) - Bedroom Two - 3.91m x 3.00m (12'10 x 9'10 ) - Wet Room - 2.77m x 1.88m (9'1 x 6'2 ) -
Value & comps
No previous sales on record.
Returns
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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 Preston New Road, Blackburn
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