2-bedroom flat · WN2 3PT
For saleListed 212 days
Opportunity summary
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About
BEING SOLD WITH A TENANT IN SITU - 9.2% YIELD - GREAT OPPORTUNITY FOR RENTAL INVESTORS DRIVEWAY PARKING - FIRST FLOOR APARTMENT - CLOSE TO HINDLEY TOWN CENTRE Borron Shaw are pleased to offer this two bedroom, first floor apartment for sale in Hindley.
It comprises of:- Entrance Hallway, Open Plan Lounge/Kitchen, Two Bedrooms and a Bathroom. It has UPVC double glazing throughout and has central heating. It benefits from driveway parking.
It is situated close to the town centre with its multiple shops, supermarkets, bars and restaurants. Viewings are by appointment only.
Entrance Hallway - UPVC entrance door leads into the hallway, staircase to the apartment.
Open Plan Lounge/Kitchen (165" x 155") - The lounge area has UPVC double glazed french doors leading onto a Juliet Balcony, laminate flooring ad a radiator.
The kitchen is fitted with a range of wall and base units, cupboards and drawers with complementing work surfaces and breakfast bar, 1 1/2 stainless steel sink unit with drainer and mixer tap, built in electric oven and hob, partially tiled walls, laminate flooring, radiator.
Bedroom One (132" x 105") - UPVC double glazed window, laminate flooring, radiator. Bedroom Two (91" x 85") - UPVC double glazed window, laminate flooring, radiator.
Bathroom - Panel bath with shower over, pedestal hand wash basin, WC, partially tiled walls, hot water cylinder. Exterior - Driveway 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
Agent & docs
FAQ
About Merefield Close, Hindley, WN2
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