1-bedroom house · SK22 4AA
For saleListed 557 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***ideal investment opportunity ***superbly positioned for the centre of new mills. A ground floor shop and a spacious one bedroom duplex flat.
Refurbished in recent years and ideal for the investor or those running their own business and want High Street frontage. Income of £15,000 pa.
Potential for loft conversion subject to permission and comprising: Shop: Show room, store room, kitchen and wc, flat: Ground floor dining kitchen, first floor living room, bedroom and shower room.
Double glazing, heating and attractive rear garden with store. Business Uneffected. Long term tenants in both commercial and residential property.
Shop Ground Floor Show Room (5.99m max 5.26m min (19'8 max 17'3 min)) Store Room (2.29m x 1.80m (7'6 x 5'11)) Wc Kitchen (1.83m x 1.80m (6'0 x 5'11)) Flat Ground Floor Dining Kitchen (13'8 x 12'10) Two double glazed entrance doors, pvc double glazed window and two velux skylights.
A range of fitted base cupboards and drawers, work surfaces over, wall cupboards, an inset one and a half bowl single drainer sink unit, mixer tap, integrated dishwasher, integrated fridge freezer, electric hob, electric oven, canopy filter hood, electric heater.
Hall Stairs to the first floor. First Floor Living Room (15'2 (max) x 13'6) Two double glazed rear windows, electric heater, spindled balustrade, wall heater and TV point.
Door to: Bedroom (13'7 x 11'10 (max)) A double glazed sash front window, electric heater and door to: Shower Room (7'8 x 3'10) A white suite comprising a walk in shower cubicle with electric shower, wash hand basin, close coupled wc, chrome towel radiator and extractor fan.
Outside Garden There is decked patio area and storage shed.
Agents Notes - Hmrc Compliance To be able to sell or purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
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
Agent & docs
FAQ
About 66a, Market Street, New MIlls
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