2-bedroom flat · OL9 6HF
Listing removedListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD BY ONLINE AUCTION ON 10th-11th JUNE UNLESS SOLD PRIOR UNDER AUCTION TERMS.
Flat 71, Rountree House, Manchester Street, OL9 6HF An excellent opportunity to acquire a two-bedroom apartment situated within the popular Rountree House development.
Offered with vacant possession upon completion, the property will appeal to both owner-occupiers and investors alike.
The accommodation provides well-proportioned living space and offers purchasers the opportunity to move straight in, let immediately or further enhance to their own specification.
Located on the 8th floor with lift access and far reaching views, it comprises; hall, lounge, kitchen, two bedrooms and bathroom with separate WC.
Ideally positioned close to local amenities, shops, restaurants and leisure facilities, the property also benefits from excellent transport links, making it well suited to commuters and those seeking convenient access to surrounding towns and cities.
The location continues to prove popular with both tenants and homeowners due to its accessibility and range of nearby services.
For investors, the property offers the opportunity to secure a ready-to-let apartment in an area of consistent rental demand.
Equally, first-time buyers, downsizers and owner-occupiers may appreciate the convenience and low-maintenance lifestyle that apartment living provides.
Tenant ready property values in the area are in the region of £850 -900pcm
Value & comps
No previous sales on record.
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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 starting price
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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 Flat Rountree House, Manchester Street, Oldham
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