2-bedroom flat · L40 5UX
For saleListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Thomas Samuel - this could be yours Once a cornerstone of Burscough’s industrial heritage, Ainscough Mill dates back to 1855 and was originally a thriving steam-powered flour mill, perfectly positioned between the Leeds & Liverpool Canal and the railway for efficient transport of goods.
After more than a century of operation, the mill closed in 1998 before undergoing an impressive transformation in the mid-2010s.
Today, the building has been thoughtfully converted into unique residential apartments, blending striking original features with modern living.
Elements of its industrial past remain visible throughout, from the imposing structure itself to the iconic chimney that continues to define the local skyline.
This particular apartment is a superb two-bedroom first floor corner property, offering generous proportions and an abundance of natural light thanks to large arched windows.
The open-plan lounge and kitchen area creates a bright and sociable living space, complemented by a modern fitted kitchen and neutral décor, allowing the new owner to move straight in and add their own personal touch.
The second bedroom is also impressively bright, enjoying light from two large arched windows and offering a well-proportioned double room ideal for guests, a home office or additional living space.
The property further benefits from a contemporary bathroom and a well-appointed en-suite to the master bedroom, making it both practical and comfortable.
Perfectly suited to first-time buyers or those looking to downsize, the apartment enjoys an enviable position just a short walk from Burscough village, the popular Burscough Wharf, and scenic canal-side walks right on the doorstep for leisurely strolls.
A rare opportunity to enjoy modern living within a landmark building steeped in local history. EPC Rating: D Parking - Allocated parking
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
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FAQ
About Mill Lane, Burscough, L40
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