3-bedroom house · WA14 2JR
Listing removedListed 85 days
Opportunity summary
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About
An opportunity to acquire A substantial victorian property in the heart of the bowdon conservation area, offering exceptional potential for investors or owner occupiers, currently comprising A retail unit with offices, cellars and two bedroom accommodation, with scope for refurbishment and residential conversion (subject to planning), with an estimated post modernisation rental potential of £35,000–£40,000 per annum.
An interesting investment or owner occupier opportunity to acquire this substantial Victorian property, located right in the heart of the Bowdon Conservation Area at the top of Stamford Road and currently configured as a Retail Unit with associated back offices and Lower Ground Floor Cellars, with 2 Bedroom living accommodation over the two upper floors.
The property is in need of complete modernisation and offers scope to either retain the existing part retail/commercial and residential or to convert the whole building for residential use, either as a single property or two separate apartments, subject to any necessary planning consents.
This could be for an owner occupier or and investor looking to achieve a rental yield. As it stands, the property extends to approximately 2645 square feet over Four Floors, as follows.
Ground floor retail and back offices – 755 sqft lower ground floor cellars – 602 sqft first and second floor living accommodation – 1276 sqft If modernised, we estimate that the potential rental income for the whole building would be circa £35,000 to £40,000 per annum depending on use and specification.
A really interesting opportunity in a first class location, suitable for a wide range of buyers. - Freehold - Council Tax Band C
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 8, Stamford Road, Altrincham
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