2-bedroom flat · BB3 1LU
Listing removedListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A purpose built ground floor apartment situated on this modern courtyard development. It is conveniently close to all town centre amenities.
The property comprises two bedrooms, a three-piece bathroom with shower and open plan lounge with fully fitted kitchen.
Gas central heating, PVC double-glazing, burglar alarm and intercom access are all installed. Externally there are communal gardens and parking.
LOCATION From Darwen town centre leave on Wood Street, continue to the junction with Vale Street, and turn left onto Tockholes Road, at the junction carry straight on into Weavers Row.
Turn right into Weavers Mews and the apartment black is on the right hand side.
TENURE & SERVICE CHARGES We are advised by the vendor the property is Leasehold; Service charges - £391.20 per quarter (£1,564.08 per annum), lease length is 999 years and it started in 2003.
Any prospective purchaser should seek clarification form their solicitor.
ACCOMMODATION COMMUNAL ENTRANCE HALL Lift access to all floors, stairs access to all floors, individual post boxes APARTMENT ENTRANCE HALLWAY Two built in cupboards, radiator, intercom receiver OPEN PLAN LOUNGE TO FULLY FITTED KITCHEN 22' 3" x 9' 11" (6.78m x 3.02m) LIVING AREA Two PVC double-glazed window, two radiators FITTED KICTHEN Fitted wall and floor units including drawers, four plate electric hob, built in under oven, extractor, stainless steel one and a half bowl sink unit, free standing washer/dryer, tiled splashbacks, laminate effect lino flooring.
BEDROOM 1 12' 8" x 15' 10" (3.86m x 4.83m) PVC double-glazed unit, radiator. BEDROOM 2 12' 8" x 6' 8" (3.86m x 2.03m) PVC double-glazed window, radiator.
FULLY FITTED BATHROOM Panelled bath with shower and screen, W.C, pedestal wash hand basin, extractor, tiled splashbacks, radiator, grey laminate effect lino flooring.
OUTSIDE Parking bays, bike store, bin store, communal seating/garden areas 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.
Value & comps
No previous sales on record.
Returns
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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.
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About Weavers Mews, Darwen
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