2-bedroom flat · SK7 4GH
Listing removedReduced £25k (−13.5%) on 9 AugListed 351 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the McCarthy & Stone development Woodgrove Court, an extremely well-presented two bedroom apartment located on the second floor. Being sold with no onward chain.
The over 60's Development benefits from a communal lounge, laundry room, on-site warden, and 24 hour emergency call.
The apartment itself is located on the second floor (with lift access), and comprises of; entrance hallway with storage cupboards, spacious open plan living/dining room complete with Juliette balcony, modern fitted kitchen, two large double bedrooms (walk-in wardrobe to master) and a modern three piece bathroom suite with walk in shower cubicle.
The development is restricted to occupants 60+, however if purchasing as a couple the second resident can be 55+. Leasehold: 106 Years Remaining.
Ground Rent: £495 Per Annum Service Charge: £3720.42 (paid in monthly instalments of £310.04). EPC Rating: B Council Tax Band: B
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
FAQ
About Flat 82,, Woodgrove Court, Hazel Grove
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