2-bedroom flat · BB1 4LF
Listing removedListed 124 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Onward Homes are pleased to offer for rent this modern apartment situated on the ground floor on a popular development in Rishton.
Preference given to applicant/s age 30+ in permanent employment that will fully occupy the property.
Completed in January 2023, this apartment benefits from open-plan living and is a spacious property. It has a modern 3 piece bathroom suite and fitted kitchen units.
Please be aware this apartment does not come with any floor coverings or furnishings.
Benefits of renting an Onward Homes property: * No administration fees or credit checks* * Repairs service providing emergency same day/routine 20 working day response times** * Kitchens/Bathrooms/Windows/Heating systems on continuous replacement program * Subsidised rents * All service charges included in stated rent * EPC available on request *Rent payable in advance as per advert **Dependent on repair priority One months rent in advance required at sign-up.
Mandatory affordability check. No pets permitted. Full address: Melrose House Britannia Wharf Rishton BB1 4LF
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.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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
FAQ
About Melrose House, Britannia Wharf, Rishton
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