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See how verdicts work1-bedroom flat · BB12 8PX
Listing removedListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Key Features • Ground floor apartment with easy access and a practical layout • Move-in ready condition with no work required • Spacious lounge/dining area ideal for everyday living • Modern fitted kitchen that is well-designed and functional • Large double bedroom with plenty of space for furniture • Well-maintained bathroom presented in great condition • Two useful storage spaces • Walking distance to Padiham High Street with shops, cafes and everyday essentials nearby • Easy access to supermarkets and a range of local services • Well connected by bus routes for convenient travel • Excellent access to the M65 motorway, ideal for commuters • Close to surrounding towns and wider transport links Located in the popular Victoria Apartments in Padiham, this ground-floor apartment offers comfortable and practical living and is in move-in ready condition.
Inside, there is a spacious lounge and dining area, ideal for both relaxing and everyday use. The kitchen is modern and well laid out, and the bathroom is a great size.
The bedroom is a generous size, offering plenty of room for furniture. The property also benefits from two useful storage spaces.
Positioned within walking distance of Padiham's high street, shops and supermarkets, it also provides easy access to bus routes, the M65 and wider transport links.
From the Agent's Perspective: This is a fantastic opportunity for anyone looking for a well-presented, low-maintenance home in a convenient location.
The move-in ready condition means a buyer can settle in straight away without the need for work.
The ground floor position makes access simple, while the layout offers a great balance of space and functionality.
With local amenities close by and excellent transport connections, it's a property that will appeal to a wide range of buyers, including first-time buyers, downsizers and investors.
From the Client's Perspective: Having lived here for around 30 years, it has been a long-standing home with a real sense of community and friendly neighbours. I'm now ready to move on.
The apartment itself is very easy to maintain, which has always made day-to-day living simple.
Everything is within easy reach, from the shops and supermarkets in Padiham to local transport links, so getting around has never been a problem.
I've also really appreciated the outdoor space, which is great to enjoy some fresh air, along with the added benefit of EV charging.
It's a home that's been easy to live in for many years and will suit someone looking for something straightforward, well-located and comfortable.
Additional Information Tenure- Leasehold, 968 years remaining, £50 ground rent. Service Charge - £120 a month Council tax band - A Heating- Electric Electric- Mains Drainage - Mains
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
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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 Victoria Apartments, Padiham, Lancashire, BB12
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