2-bedroom flat · BL6 4GJ
Listing removedListed 51 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Roe & Co Residential Lettings introduces to the market to this modern 2 bedroom top floor apartment, where you'll be blown away by the jaw-dropping views it offers, overlooking Middlebrook and Rivington Pike/Winter Hill.
Internally the apartment is extremely well presented with clean white walls throughout and grey carpets and it also benefits from an number of integral appliances within the kitchen.
Nestled in a peaceful residential estate, this apartment is perfectly located within a short stroll of Middlebrook, offering a number of restaurants, high street shops and entertainment options.
Plus, for those who commute, you'll be pleased to know that Horwich Parkway Train Station and the M61 are only a stone's throw away, making your daily journey a breeze.
With vacant possession, it's ready for you to make it your own and start living your best life! Criteria - Please note the below, any applications that do not meet this criteria will be rejected.
Proof of income We require the following to prove your funds can cover the monthly rental required.
You will need to earn 30 x your annual rent to pass our referencing or you may be asked to provide a guarantor.
(E.G Rental value is £875, you will require £875 × 30 = Your Yearly Salary needs be £26,250) We will carry out checks in accordance to our rental contract upon receipt of a holding deposit, such as proof of employment, bank statements etc Guarantor Should you need a guarantor this shall be someone who agrees to pay the rent or any damages if you can’t.
The guarantor will also go through a similar referencing process, credit checks and they can't have any adverse credit.
They'll need a yearly salary of 3 x the yearly rental, to pass referencing and be living in the UK.
Holding Deposit We request a non-refundable Holding Deposit to reserve a property which is payable to the amount of 1 week’s rent.
Which is calculated by the Monthly rent x 12 ÷ 52 = maximum holding deposit.
Please Note: This will be withheld if any relevant person (including any guarantor(s) withdraw from the tenancy, fail a Right-to-Rent check, provide material significant false or misleading information, or fail to sign their tenancy agreement (and / or Deed of Guarantee) within 15 calendar days (or other Deadline for Agreement as mutually agreed in writing).
Deposit A security deposit of 5 weeks rent to be held with the tenancy deposit scheme this equates to monthly rent x 12 / 52 (weeks in the year) x 5 E.G Rental Value £875 £875 x 12 = £10,500/ 52 = £201.92 x 5 = £1009.69 Deposit Change of tenancy Change in tenancy agreement up to £50 inc VAT Late Payment of rent Late payment of rent will incur a 3% charge above the Bank Of England base rate Open plan lounge/diner/kitchen Fitted kitchen with integrated washing machine, fridge/freezer, oven, job & extractor fan.
Juliette balconies to both sides of the lounge providing amazing views over Middlebrook and Rivington Pike/Winter Hill.
Bathroom Three piece bathroom suite Entrance Hallway Double storage cupboard Parking - Allocated parking One allocated parking space within the car park, with visitor parking available.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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

FAQ
About Harrier Close, Lostock, BL6
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