2-bedroom house · FY7 6UH
Sold STCListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** conveniently located terrace house with recently installed roof - sold with no onward chain ** This Delightful Terrace House is situated on Addison Road providing Easy Access to the Local Seafront and Memorial Park as well as Local Shops, Schools, Public Transport and other Local Amenities!
The Accommodation briefly comprises of an Entrance Hall, Bay Fronted Lounge, Fitted Dining Kitchen with Under-Stair Storage, Landing with Loft Access, Two Bedrooms and Generously Sized 3 Piece Bathroom Suite.
The property also benefits from a Newly Installed Roof, Gas Central Heating system, uPVC Double Glazing throughout, and Enclosed Yard to Rear with Rear Gated Access.
Ground Floor Entrance Hall 1.19m (3'11") x 0.80m (2'7") UPVC entrance door, radiator, stairs leading to first floor landing Lounge 3.69m (12'1") x 3.22m (10'7") UPVC double glazed bay window to front, electric fire with surround and plinth, cupboard with gas meter, double radiator Dining Kitchen 4.62m (15'2") x 2.58m (8'6") Fitted with a matching range of base and eye level units with round edged worktops, stainless steel sink unit with single drainer and mixer tap, plumbing for washing machine, space for fridge/freezer and cooker, fitted extractor hood, two uPVC double glazed windows to rear, radiator, under-stairs storage cupboard with fuse box and electricity meter, uPVC double glazed door to rear yard First Floor Landing Access to loft Master Bedroom 4.64m (15'3") x 2.32m (7'7") UPVC double glazed window to front, double radiator, built in storage area measuring 1.34m (4'5") x 0.77m (2'6") with hanging space Bedroom 2 2.58m (8'6") x 2.21m (7'3") UPVC double glazed window to rear, radiator Bathroom 2.57m (8'5") x 2.20m (7'3") Fitted with three piece shell style suite comprising panelled bath with electric shower over, pedestal wash hand basin and low-level WC, uPVC opaque double glazed window to rear, cupboard with wall mounted combination boiler, radiator, panelled walls Outside Enclosed yard to rear with rear gated access
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
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FAQ
About 11, Addison Road, Lancashire
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