1-bedroom flat · BL6 4RJ
For saleReduced £5.5k (−8%) on 9 OctListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Upper-Floor Studio Apartment, Cash Buyers Only, No Chain In Lostock Looking for a Smart Investment in Lostock?
This well-presented upper-floor studio apartment enjoys a sought-after and highly convenient setting close to Lostock Train Station, providing excellent connections to Manchester, Salford and beyond.
The M61 motorway is also within easy reach, while Middlebrook Retail and Leisure Park offers an excellent choice of shops, restaurants and entertainment just a short drive away.
The accommodation opens into a hallway with an intercom entry system before flowing into a bright and thoughtfully arranged living space.
A comfortable lounge and dining area sits alongside a modern fitted kitchen with breakfast bar, while the double sleeping area is neatly defined by a privacy curtain and benefits from fitted wardrobes.
A contemporary shower room completes the accommodation. Externally, residents have access to communal gardens, while the property also benefits from allocated parking.
Offered with vacant possession and no onward chain, the apartment presents an appealing investment opportunity, with anticipated rental income in excess of £600 per calendar month.
The property is held on a 120-year lease commencing 25 March 1984, with approximately 77 years remaining.
Due to the remaining lease term, the property may be particularly suited to cash purchasers or buyers using a specialist lender.
Prospective purchasers should confirm their lending position and seek advice from their solicitor before proceeding.
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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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 advisors 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 98 Middlebrook Drive, Lostock, Lancashire
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