3-bedroom house · SK5 6XQ
For saleListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on a quiet road in the heart of Reddish, this three bedroom mid terraced boasts spacious rooms and the opportunity to add your own stamp.
With the green space of Reddish Vale Country Park on your doorstep and the local schools, cafes and amenities that Reddish Village has to offer just a few moments walk away; this spacious three bedroom family home is ideally located in a quiet yet convenient location.
The property briefly comprises of: Porch leading through in to the spacious lounge.
To the rear, the family kitchen/diner boasting a range of wall and base units and space of appliances along with space for dining table.
With the added bonus of a conservatory to the rear, French doors lead out on to the private, low maintenance rear garden.
To the first floor: A modern tiled bathroom with three piece suite and shower over the bath.
The main bedroom, to the front of the property, offers ample space for king size bed and built in wardrobes.
The second bedroom, to the rear of the property, offers space for double bed and storage with views over the garden.
The versatile third bedroom is well proportioned, with built in storage space, and would make a perfect third bedroom, nursery or office.
Externally, the property boasts a low maintenance raised private rear garden with paved and artificial lawned areas.
The property requires some cosmetic work, allowing the new buyer to place their own stamp. The property also comes with a separate garage, for storage. Being sold with no vendor chain!
Leasehold information: Full lease term: 999 years from 12 March 1973 Lease remaining: 948 years Ground rent: £13 per annum
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 50, Olwen Crescent, Stockport
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