2-bedroom flat · SK6 4HW
Sold STCListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated close to countryside walks along the beautiful Goyt River Valley and yet within easy reach of Romiley village centre and the railway station, this spacious first floor apartment is one not to miss.
The property benefits from a long lease and a low service charge so is sure to appeal to first time buyers, buy-to let investors and those seeking a comfortable property with low overheads.
Gas fired central heating and double glazing feature throughout an entrance hall, inner hall with storage, a spacious lounge/dining room, fitted kitchen, two double bedrooms, a box room and modern bathroom.
Outside there are communal gardens and clothes drying areas. Tenure: Leasehold. Council Tax Band: A.
EPC rating: C ENTRANCE HALL uPVC double glazed entrance door, cloaks cupboards, stairs to first floor. LANDING Storage cupboards.
LOUNGE 16' 4'' x 10' 8'' (4.97m x 3.25m) FITTED KITCHEN 9' 6'' x 9' 4'' (2.89m x 2.84m) BEDROOM ONE 13' 8'' to robes x 10' 4'' (4.16m x 3.15m) BEDROOM TWO 13' 4'' x 8' 4'' (4.06m x 2.54m) BOX ROOM 5' 10'' x 6' 5'' (1.78m x 1.95m) MODERN BATHROOM 9' 7'' x 5' 10'' (2.92m x 1.78m)
Value & comps
No previous sales on record.
Returns
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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.
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About Cherry Croft, Romiley
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