1-bedroom flat · BB1 1BH
Listing removedListed 148 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroomed second floor apartment situated in this popular residential location close to all excellent amenities and within easy reach of Blackburn Town Centre and Royal Blackburn Hospital.
The accommodation briefly comprising entrance hallway, lounge, fully fitted kitchen, double bedroom with fitted wardrobes, three-piece bathroom, complemented by PVC double glazing and electric heating system.
There is also a balcony and external parking space. Ideal for first-time buyers or investors.
One bedroomed second floor apartment situated in this popular residential location close to all excellent amenities and within easy reach of Blackburn Town Centre and Royal Blackburn Hospital.
The accommodation briefly comprising entrance hallway, lounge, fully fitted kitchen, double bedroom with fitted wardrobes, three-piece bathroom, complemented by PVC double glazing and electric heating system.
There is also a balcony and external parking space. Ideal for first-time buyers or investors. Tenure We are advised by the vendor that the property is Leasehold.
Any prospective purchaser should seek clarification from their solicitor.
Accommodation entrance hall lounge 16' 8" x 10' 7" (5.08m x 3.23m) PVC double glazed window, PVC double glazed double patio door, electric heater, balcony kitchen 9' 4" x 6' 9" (2.84m x 2.06m) Wall & base units, built in oven, hob, extractor fan, plumbed for washing machine, stainless steel single drainer sink unit with mixer tap, PVC double glazed window bedroom one 9' 10" x 9' 10" (3m x 3m) 2 X PVC double glazed windows, fitted furniture three-piece bathroom Low level WC, wash hand basin, bath with shower over outside Parking space provided 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.
Compliance Agents are required by law to conduct anti-money laundering checks on all those renting or buying a property. The cost of these checks is £20 per check. This is a non-refundable fee.
These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the office proceeding with checks.
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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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 8 Pier House, Canalside, Blackburn
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