1-bedroom house · M28 3AQ
Listing removedReduced £50 (−5.9%) on 12 AugListed 95 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This aesthetically converted HMO property offers A self-contained studio apartment that comes with utility bills and council tax included!
Welcome to this charming property located on Memorial Road in Worsley.
This delightful room offers a cosy retreat with 1 bedroom, 1 bathroom and a lounge area with the hallway leading to the communal kitchen area with exquisite cooking resources and a utility room, perfect for those seeking a peaceful and comfortable living space.
We're delighted to be able to offer this well-located studio apartment to the rentals market, available in August.
The apartment is fully furnished and completed to a high standard, making it the perfect choice for tenants seeking an easy transition.
The studio apartments are housed in an elegantly renovated 19th-century structure.
Having plenty of on-street parking for people with cars in the surrounding area as well as, code-protected access upon entering the building.
With its convenient location, residents can enjoy easy access to local shops and amenities located in nearby Walkden town centre, scenic parks, and charming cafes in the surrounding area.
Additionally advantageous to tenants is a bus stop that is conveniently located right outside the building.
Whether you're a young professional starting out or someone looking to downsize, this property offers a wonderful opportunity to create a warm and inviting home.
EPC Rating: C (washer/dryer use excluded). Don't miss out on the chance to make this lovely room your own and experience the best of what Worsley has to offer.
Book a viewing today and step into your future home on Memorial Road.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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.
Area
Agent & docs
FAQ
About Room 1, 1 Memorial Road, Worsley
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