2-bedroom terraced house · BB1 9BA
Sold STCListed 62 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Pure Investor is pleased to bring to market this excellent two-flat investment opportunity at 762 Whalley New Road, Blackburn.
Comprising two self-contained flats held under a single title, this property offers a straightforward, low-cost holding with strong long-term security of tenure and immediate income potential.
This is a rare chance to acquire two income-producing flats under one roof and one title, simplifying management and ownership.
With an exceptionally long lease term remaining (881 years), a nominal ground rent of just £1.12 per annum, and no annual service charges, this is a low-overhead investment offering strong net returns for the right buyer.
The upstairs flat has been tenanted since January 2018, demonstrating excellent long-term tenant stability and a clean rental history with no arrears.
The downstairs flat has recently become vacant, presenting an ideal opportunity for an investor to re-let at current market rent, refurbish to add value, or occupy as part of an owner-investor strategy.
Combined current rental income stands at £1,080 per month (£585 upstairs, £495 downstairs), with a potential gross yield of circa 8.94% once fully let. Both flats hold an EPC rating of C.
Asking price £145,000. An excellent opportunity for investors seeking a low-maintenance, income-generating asset with room to add value
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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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.
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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 762, Whalley New Road, Blackburn, Blackburn With Darwen
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