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See how verdicts workHouse · FY7 6AJ
For saleListed 259 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Great investment opportunity with immediate income. The property comprises two self-contained residential flats and a ground floor retail unit with a basement.
Flat A and Flat B are both currently let at £855 per calendar month each, generating a combined residential income of £1,710 per month (£20,520 per annum).
The ground floor retail shop and basement are currently vacant, offering clear potential for additional income.
When let at an estimated £600 per calendar month, the total potential rental income increases to £2,310 per month (£27,720 per annum).
The residential units have been rented to a government-backed organisation for the past five years, providing a stable tenancy with consistent rental payments.
This is an excellent opportunity for investors seeking secure income from day one, with further upside through re-letting or repositioning the vacant ground floor and basement unit. Location
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
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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.
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 2 Flats with Retail Shop, North Albert, Fleetwood
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