2-bedroom flat · BL0 9NT
Sold STCListed 126 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sims Close, Ramsbottom is a superbly presented and recently refurbished, two bedroom, ground floor apartment located on this popular residential development, located within easy reach of the town centre and a short drive onward to the motorway network.
The house is offered with no onward chain and has the distinct advantage of parking and a large garden.
The property has the usual benefits of gas fired central heating and is PVC double glazed, the accommodation briefly comprises; vestibule entrance, living room, kitchen, inner hall, two bedrooms and bathroom.
Outside there is a parking space directly outside and large enclosed rear gardens.
Council Tax Band A/Unexpired Lease of 125 years/Ground Rent £75pa./No Service Charge Living Room - 5.57 x 3.42 m - Window to the front.
Kitchen - 2.98 x 2.22 m - The kitchen is neatly arranged with white cabinetry and dark countertops, offering plenty of storage and workspace.
A window above the sink overlooks the front garden, while integrated appliances include a gas hob and oven.
Bathroom - 2.03 x 1.92 m - This bathroom featuring a bath with a shower over, a toilet, and a wash basin.
The walls are tiled in white, complemented by the dark herringbone vinyl floor, and a frosted window allows natural light.
Bedroom 1 - 3.47 x 2.56 m - French window to the rear leading into the gardens. Bedroom 2 - 2.40 x 3.13 m - Window to the rear. Rear Garden - Large rear garden and paved patio.
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.
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