2-bedroom flat · BB2 4GY
Let agreedListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Important note: To Pass the referencing earnings criteria for this property you must have a combined annual income of £21,750. Please only enquire if you meet this criteria.
Hannon Holmes are delighted to offer for rent this newly upgraded, ground floor, two bedroom apartment located on the much sought after, Lock Mill Development, close to Blackburn Town Centre.
Important note: To Pass the referencing earnings criteria for this property you must have a combined annual income of £21,750. Please only apply if you meet this criteria.
Hannon Holmes are delighted to offer for rent this newly upgraded, ground floor, two bedroom apartment located on the much sought after, Lock Mill Development, close to Blackburn Town Centre.
The property will be newly decorated and have new fitted carpets to the bedrooms. The photos shown are of a similar property due to the on-going works being carried out.
The property briefly comprises; Entrance hall leading to a good sized open plan living space with bright neutral decor and oak style laminate flooring.
The fully fitted kitchen has a range of modern units and includes an integrated oven, hob and washing machine as well as a freestanding fridge freezer.
There are two good sized bedrooms, with an en-suite bathroom and fitted wardrobes to the master. The main bathroom consists of w/c, wash basin and a bath.
There is secure allocated parking and secure intercom entry. Early viewing is strongly advised. Tenancy Deposit: £836.53 Council Tax Band: A
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
FAQ
About 56 Hollin Bank Court, Bolton Road, Blackburn
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