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 work1-bedroom flat · BB1 1EQ
No longer listedListed 42 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this charming ground floor apartment located in the sought-after Merchants Quay, Blackburn.
Spanning an inviting 431 square feet, this one-bedroom, one-bathroom residence is perfect for first-time buyers or those looking to make a savvy property investment.
Built in 1996, the apartment is part of a popular quayside development, offering a delightful blend of modern living and scenic surroundings.
The ground floor position provides easy access, making it an ideal choice for those who prefer convenience. With no chain involved, this property is ready for you to move in without delay.
The layout is thoughtfully designed, ensuring a comfortable living space that maximises the use of every square foot.
Merchants Quay is not only a picturesque location but also benefits from a vibrant community atmosphere, with local amenities and transport links within easy reach.
This apartment presents a fantastic opportunity to enjoy a relaxed lifestyle in a desirable area. Do not miss the chance to make this lovely apartment your new home or investment. Call the office on .
Living Room (3.47 x 4.06) This inviting living room is comfortably spacious, featuring soft carpeting underfoot and a window that fills the space with natural light.
A door leads out to the garden, creating a seamless flow between indoors and outdoors.
Neutral walls and practical, well-placed lighting make this an ideal space to relax or entertain and upgraded Dimplex electric heating.
Kitchen (2.29 x 2.92) The kitchen is well-equipped and neatly arranged, with a practical layout that includes ample storage in white cabinetry and wood-effect work surfaces.
Tiled flooring extends throughout, complementing the neutral tiled splashbacks.
Integrated appliances include an oven and electric hob, with space for additional appliances such as a washing machine and microwave.
A window above the sink brings in natural light, making the space bright and welcoming.
Bedroom (3.94 x 2.82) A well-proportioned bedroom featuring a double bed with storage base, soft carpeting, and bright natural light from dual windows.
The room benefits from practical storage solutions including a wardrobe and chest of drawers and upgraded Dimplex electric heating.
Bathroom (1.66 x 1.96) The bathroom is clean and functional, fitted with a white three-piece suite including a bath with overhead shower, pedestal basin, and toilet.
The room features contrasting floor tiles and white walls, with a window providing natural light and ventilation.
Rear Garden The rear garden is well-maintained with a lawn bordered by shrubs and mature trees, creating a private and tranquil outdoor space.
A paved pathway runs alongside the property, providing access to the garden and seating areas.
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)
FAQ
About 3 Quayside, Merchants Quay, Blackburn
Explore nearby