1-bedroom flat · BB1 1EE
Listing removedListed 124 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description Mayets are delighted to offer for rent this beautifully renovated one bedroom contemporary apartment with no expense spared in the much sought after area of Audley.
Close to town centre, train station and Blackburn Royal Hospital. Ideal for a Doctor working at Blackburn Royal.
The property briefly comprises of an entrance hallway with brand new lvt flooring, which leads to the brand new open plan kitchen/living room and bedroom.
The kitchen has a good range of matt grey split level units, an electric hob, oven and the white goods are included. The breakfast bar has beautiful bar stools.
The living area includes lvt flooring with tasteful furnishings with brand new sofa, coffee tables and TV unit. The sliding patio doors open onto the balcony.
The bedroom has a double bed with drawers, bedside table and lamp and wardrobe with drawers and hanging space.
The fully modernised bathroom has a white three piece suite, with panelled bath, electric shower, wash basin housed in a vanity unit, low level W.C., bidet shower, extractor and heated towel rail.
Check the 3d tour: There is also designated parking. Deposit: £1,038.46 Holding Deposit: £207.69
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 5 Waterfront, Blackburn
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