We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · BB18 5ND
Listing removedListed 215 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideal investment opportunity. Converted apartments from the old Lloyds Bank Buildings. This upper floor apartment is set over two levels with two bedrooms. With good sitting tenant.
This spacious upper floor flat is located in the old converted Lloyds Bank building. Done to a good specification with a good sitting tenant it is an ideal instant investment.
Accessed from the rear of the building into a communal hallway this apartment is on the upper floor.
The hallway takes you into the spacious living space which is open to the fitted kitchen with integral ceramic electric hob, double oven and extractor hood, fridge freezer.
The two bedrooms and the three piece shower suite are on the next level up. Centrally located to take full advantage of the amenities of the town. Call the Sales Team to register your interest.
Main Floor Living Area (3.94m x 4.67m (12' 11" x 15' 4")) Kitchen (0.84m x 3.35m (2' 9" x 11' 0")) Upper Floor Landing Bedroom One (3.33m x 4.83m (10' 11" x 15' 10")) Bedroom Two (2.95m x 2.3m (9' 8" x 7' 7")) Bathroom (2.67m x 3.38m (8' 9" x 11' 1"))
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
.png){kind=logo}
FAQ
About Flat 3, 1A, Bank Buildings, Lancashire
Explore nearby
