2-bedroom flat · OL4 3DH
Sold STCListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This modern two bedroom apartment is situated in the highly sought after Acorn Mill - a stylish, grade II listed building with a secure gated entrance and allocated parking.
Sold with the added benefit of NO CHAIN. The apartment is located on the second floor which can be accessed via the lift or stairs.
Once inside the apartment, a welcoming entrance hallway leads through to a generous lounge with an attractive open-plan kitchen, creating a bright and sociable living space.
The property has one large double bedroom and a well-sized single bedroom, ideal for a guest room, home office or dressing room. A modern, well-appointed bathroom completes the accommodation.
The property includes an allocated, secure parking space, within the grounds that are protected by electric gates for added peace of mind.
Access to the building is controlled via an intercom entry system, ensuring both convenience and security.
Acorn Mill enjoys an excellent location close to the heart of Lees village, where a variety of shops, bars and restaurants are all within easy walking distance.
Frequent bus services operate along the High Street, offering quick and convenient links to Saddleworth and Oldham town centre, making this an ideal base for commuters and local professionals alike.
EPC rating: C.
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.
Area
Agent & docs
FAQ
About Mellor Street, Oldham, OL4
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