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See how verdicts work6-bedroom flat · L6 8NF
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This substantial Victorian property, situated in the desirable Fairfield L6 area, presents a rare and exciting opportunity for investors seeking to diversify their property portfolio with a high-yield asset.
The impressive building comprises five self-contained flats, all currently tenanted and generating a combined rental income of £2,375 per month (£28,500 per annum) .
The property is ideally located a short distance from the city centre, making it highly attractive to tenants seeking convenient access to local amenities, transport links, and employment hubs.
The current owner has recently undertaken significant improvements, including the replacement of the roof, gutters, and fascias, ensuring the building is well maintained and structurally sound.
The apartments themselves are full of character, reflecting the charm and period features typical of Victorian architecture.
There is significant scope for further value enhancement, with recommendations to renovate the communal areas and external elements first, which would allow for an increase in rental income across the building.
As each tenant vacates, a phased approach to renovating individual apartments is advised, ensuring any gap in rental income is kept to a minimum while steadily improving the overall standard of the property.
This strategy allows an investor to maximise returns while minimising disruption to cash flow.
The property also benefits from a paved rear garden (details available on request), adding further appeal for tenants.
For investors looking to understand the full potential of this asset, we are able to provide detailed projections of anticipated rental income following renovation works.
This block of apartments offers a unique blend of immediate income, capital growth potential, and the opportunity to add value through targeted improvements.
Whether you are an experienced landlord looking to expand your portfolio or a new investor seeking a robust and attractive addition, this Victorian property in Fairfield represents an exceptional opportunity in a sought-after location.
Early viewing is highly recommended to fully appreciate the scale, character, and investment potential of this impressive building. Please contact us for further information or to arrange a viewing.
EPC Rating: C
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
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 Balmoral Road, Fairfield, L6
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