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 work2-bedroom house · SK6 3BF
Listing removedListed 407 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One of the very few two double-bedroom apartments within this highly regarded retirement complex, this stand out property benefits from impressive high ceilings and large picture windows, viewing is highly recommended to fully appreciate the accommodation on offer.Residents enjoy an excellent range of communal facilities, including spacious communal lounge, on-site house manager, laundry room, beautifully maintained gardens with seating areas, residents' parking, and emergency pull-cord system.The apartment itself is generously proportioned, immaculately presented with brand new carpets throughout.
Accommodation includes a 17ft lounge with French doors and a Juliet balcony, a fitted kitchen, two fitted double bedrooms, and a recently refitted luxury shower/wet room.Further benefits include uPVC double glazing, electric heating, and the advantage of no onward chain.Ideally located close to Romiley Village, with its independent shops, eateries and railway station, Metcalfe Court remains a popular retirement development in a highly convenient setting.
Tenure: Leasehold 125 years from 1/9/03 - GR £450.00 PA. Council Tax Band: C.
EPC Rating: C COMMUNAL ENTRANCE PRIVATE ENTRANCE HALL LIVING ROOM 16' 10'' x 11' 4'' (5.13m x 3.45m) FITTED KITCHEN 9' 0'' x 5' 10'' (2.74m x 1.78m) BEDROOM ONE 15' 10'' x 9' 2'' (4.82m x 2.79m) BEDROOM TWO 15' 10'' x 8' 0'' (4.82m x 2.44m) LUXURY SHOWER ROOM SERVICE CHARGE There is an annual service charge of £3168.76 (1/3/24 - 28/2/25)) which covers items such as upkeep of the communal areas, house manager, security intercom, emergency pullcords, laundry room, buildings insurance and water.
There is an annual ground rent of £450.00 and the tenure is Leasehold - 125 year lease from 1/9/03.
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
FAQ
About Metcalfe Drive, Romiley
Explore nearby
