2-bedroom flat · PR1 0QL
Listing removedListed 961 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Deceptively spacious first-floor apartment situated in a prestigious Higher Penwortham location, highly sought-after for its enviable charm and convenience.
Nestled on a commanding corner plot, this residence boasts generously proportioned internal spaces drenched in natural light, creating an ambiance of warmth and comfort.
As you step into the property, you are greeted by an inviting entrance leading to a convenient utility room and a staircase ascending to the first floor.
Ascending to the first floor reveals a well-appointed landing and hallway, providing access to all the internal rooms.
The heart of the home is the lounge/diner, offering ample space for relaxation and entertaining guests.
Adjacent to this lies the fitted breakfast kitchen with modern amenities and abundant storage units.
Accommodation comprises two sizable double bedrooms, each exuding a sense of tranquility and comfort, ideal for unwinding after a long day.
Completing the layout is a contemporary shower room, offering convenience and functionality.
Externally, the property boasts a fully enclosed rear garden, providing a private outdoor retreat for enjoying al fresco dining.
A driveway and garage further enhance the appeal of this residence, offering off road parking and additional storage options.
In summary, this first-floor apartment presents an opportunity to embrace a lifestyle of comfort and convenience in a highly desirable location, offering spacious living areas and outdoor spaces perfect for relaxation and enjoyment.
Entrance Stairway leads you up to the first floor.
Utility Room First Floor Landing Hallway Lounge/Diner (5.37m x 3.37m) Kitchen (3.16m x 2.77m) Bedroom One (4.09m x 3.70m) Bedroom Two (3.86m x 3.70m) Shower Room Gardens, Driveway & Garage Additional Information We are reliably informed that the tenure is leasehold.
The term of the lease being 999yrs as of 1983. Additional Information We are reliably informed that the tenure is leasehold. The term of the lease being 999yrs as of 1983.
Additional Information We are reliably informed that the tenure is leasehold. The term of the lease being 999yrs as of 1983.
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 9a, Parklands Avenue, Penwortham
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