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See how verdicts work3-bedroom flat · M7 4JX
Listing removedReduced £55k (−10%) on 6 AugListed 116 days
Opportunity summary
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About
Aubrey Lee & Co are pleased to offer for sale this self-contained extended 2 bedroom ground floor flat plus 1 bedroom cottage accommodation.
An exceptional opportunity to acquire this substantial and highly versatile property, occupying a prime position on the ever-popular Okeover Road in the heart of Broughton Park.
Thoughtfully refurbished throughout to a high standard, the property offers a rare combination of immediate investment income, flexible living accommodation and excellent future potential.
Currently arranged as self-contained accommodation, the property comprises two well-proportioned bedrooms, each benefiting from its own modern en-suite shower room, together with a bright and contemporary open-plan kitchen, dining and living space designed for comfortable day-to-day living.
In addition, the property benefits from a separate detached cottage offering further highly adaptable accommodation, including a bedroom area, kitchen/lounge space and separate bathroom.
This additional accommodation lends itself to a variety of uses including guest accommodation, independent living space, private office, study, treatment room or hobby area, subject to requirements.
The self-contained flats are presently tenanted, providing an immediate and attractive income stream for investors seeking a ready-made opportunity.
Equally, the property offers excellent scope for those wishing to purchase and reconfigure the accommodation back into a substantial family home, making it ideal for owner occupiers looking for flexibility both now and in the future.
The property has been recently refurbished throughout and further benefits from modern finishes, driveway parking and generous outdoor space.
To the front is a spacious frontage with off-road parking, whilst to the rear is a large private garden offering excellent outdoor entertaining space, greenery and further potential for families and garden enthusiasts alike.
This home would perfectly suit a wide range of buyers including investors, first-time buyers, downsizers, retirees or elderly purchasers requiring accessible ground floor accommodation, whilst still benefiting from ample internal and external space.
Okeover Road remains one of Broughton Park's most desirable residential locations, appreciated for its peaceful cul-de-sac setting, strong community atmosphere and the benefit of its own eruv.
Beautiful parkland, greenery and picturesque lake views are all within easy reach, whilst Manchester City Centre, transport links, local shops, schools and places of worship remain conveniently accessible.
In short, this is a rare opportunity to acquire a beautifully refurbished, income-generating and highly flexible property in one of Broughton Park's most sought-after locations.
Additionally, there is an option to purchase the upstairs property independently, offering the potential to acquire the entire building.
Location Situated on a quiet cul-de-sac off New Hall Avenue and having envious views. Vestibule Doors to the ground floor and door to the stairs to first floor.
Kitchen/Living Area Nicely proportioned room with the kitchen to the left as you enter, beyond is an ample living area and the room opens fully to:- Dining Room Rear facing room with French doors opening to the garden.
Garden Room/Bedroom 2 Rear facing double bedroom. Shower Room Consisting of a white cubicle with matching wc and designer pedestal washbasin, tiled walls and floor, frosted window.
Bedroom 1 Front facing room with bay window and fitted robes. Bathroom Side facing room consisting of a bath, washbasin and wc along with separate shower cubicle.
Cottage Kitchen/Diner French doors open to the garden, space for a dining set and lounge furniture, opening fully to the kitchen area. Bedroom Front facing double bedroom.
Wc Consisting of a white suite of bath with overhead shower, matching washbasin and designer contrasting stone washbasin. Tiled walls and floor.
Heating Gas central heating Windows Sealed unit double glazing in upvc frames.
Council Tax Band C Tenure We understand that the freeholder will be selling the property as a leasehold dwelling on a 999 year lease with a annual ground rent of around £200.
Service Charge We understand that the apartment will pay very roughly around £150pcm but this will be confirmed by solicitors.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
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
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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.
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FAQ
About 7a, Okeover Road, Salford
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