1-bedroom flat · SK23 9RU
Listing removedListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold A very well presented, one bedroom ground floor apartment in a purpose built development with modern fittings throughout and allocated parking space.
The property is located centrally in Chapel-en-le-Frith within easy reach of the Town Centre, local shops, doctors and restaurants.
There is additional parking close by along with footpaths taking you into the nearby countryside.
Tenant in situ, Investment Property In further detail, the accommodation on offer is accessed via a communal entrance hall into a vestibule and then to the hallway with storage cupboard off, lounge diner with double glazed window to the rear, kitchen with a range of fitted wall and base units in cream 'Shaker' style with wood effect worktops over, inset stainless steel sink and drainer, integrated oven, hob, fridge freezer and dishwasher.
There is a double bedroom looking out to the rear and bathroom complete with WC, wash basin and bath with shower over and tiled splash backs.
Externally there is an allocated parking space to the side of the property and additional parking to the rear.
Location Chapel-en-le-Frith, known as 'The Capital of the Peak' nestles in an upland valley in the High Peak and is surrounded by dramatic landscape of gritstone ridges and shapely hills.
The town takes its name from a small chapel built in 1225 by the keepers of the Royal Forest that is now the Church of St Thomas Becket, where 1,500 Scottish soldiers were imprisoned during the Civil War.
The historic town centre also features a traditional marketplace which still has its original renowned stocks which the local cafe takes its name.
A common phrase you here many resident say is "We are so lucky to live here" even after living in the town for decades.
That is further, solid evidence, if ever it was needed that Chapel-en-le-Frith and its surrounding towns and villages are an excellent place to set up home.
Tenure leasehold Subject to Verification by Solicitors services (not tested) Services have not been tested and you are advised to make your own enquiries and/or inspections.
Local authority High Peak Borough Council viewing Viewing strictly by appointment through the Agents. 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
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FAQ
About 24 Miry Meadow, High Peak
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