2-bedroom flat · BB1 2RB
Listing removedReduced £55 (−6.5%) on 21 JunListed 198 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A penthouse apartment situated on a popular and conveniently situated development, close to the Royal Blackburn Hospital, Shadsworth Business Park and junction 5 of the M65.
The accommodation comprises two bedrooms, a three piece bathroom and an open plan lounge/kitchen. Gas central heating and Velux double glazed windows are installed.
A furnished, penthouse apartment situated on a popular and conveniently situated development, close to the Royal Blackburn Hospital, Shadsworth Business Park and junction 5 of the M65.
The accommodation comprises two bedrooms, a three piece bathroom and an open plan lounge/kitchen. Gas central heating and Velux double glazed windows are installed.
Accommodation entrance hall open plan lounge/kitchen bedroom one bedroom two three piece bathroom please note All properties are offered 6-months minimum contract period.
We require 1 month's rent as deposit and 1 month's rent in advance. On application we will require one week's holding fee, the landlord has 15 days to make a decision.
If the tenancy does go ahead, the holding fee will be refunded or deducted from the first month's rent.
If the tenancy does not go ahead then the holding fee will be refunded within 7 days of the deadline being reached or the landlord backing out.
A repayment will not be made if the tenant backs out of the tenancy agreement themselves, fails right to rent checks, has provided false or misleading information, or where the landlord tries their best to get the information needed but the tenant fails to provide it within the 15 days.
We will require proof of id and address for all applicants over the age of 18 that will occupying the property.
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
Agent & docs
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FAQ
About 63, Pankhurst Close, Blackburn
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