2-bedroom flat · M22 9RB
Under offerListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroomed ground floor apartment offers a entrance hall, lounge, a fitted kitchen, main bedroom, further bedroom and a bathroom/wc.
Conveniently located for Manchester International Airport (hotels/rail station), Heald Green rail station, Metrolink system, access to the national motorway network, the leisure facilities at David Lloyd Centre, Hallmark Hotel, The Village and Total Fitness Centre, plus shopping facilities at Cheadle Royal, Handforth Dean and Stanley Green (department/ superstores) all of which are within a radius of three and a half miles or so.
Manchester and Stockport are some nine/six miles distant respectively, both providing a more comprehensive range of leisure/entertainment/ recreational activities catering for a wide range of tastes.
Directions From our Heald Green Office proceed along Finney Lane, continuing onto Simonsway to the traffic lights, turn right onto Greenwood Road continue for half a mile where the property will be found on your right-hand side.
Accommodation Entrance hall 16’2 x 3’3 – Cupboards proving good storage, central heating radiator, power points, cupboard housing electric meter.
Lounge 17’3 x 11’9 Central heating radiators, uPVC double glazing, power points, tv point, phone point.
Kitchen 8’03 x 8’05 Fitted wall and base units providing storage and working surfaces, stainless steel single drainer sink unit with mixer tap, electric oven/grill, four burner hob and extractor hood above, power points, cupboard housing boiler.
Bedroom 1 11’12 x 11’6 Central heating radiator, uPVC double glazed picture window, power points. Bedroom 2 10’9 x 7’10 Central heating radiator, uPVC double glazed picture window, power points.
Bathroom/wc 8’2 x 4’11 Suite comprising twin grip panelled bath, pedestal wash basin, close coupled wc, central heating radiator, half tiled in ceramics, downlights.
Outside The apartment benefits its own private garden with paved area and lawn area and are enclosed within fencing.
Tenure Leasehold Council Tax Band A – Manchester CC Possession Postcode On completion M22 9RB Purchase Price £145,000 Viewing Arrangements By appointment with the agents.
Mortgages We refer all of our mortgages to a local firm called Liquid Financial Services Limited, who are directly authorised mortgage brokers.
They have access to the whole of the intermediary mortgage market and do not charge any fees, so everything they do is for free. You can contact them on or .
Note Roger W Dean & Company has not tested the gas appliances at this property and cannot therefore state that they are in full working order.
We recommend the purchaser have them checked by a gas safe registered gas engineer.
Value & comps
No previous sales on record.
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 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 Greenwood Road, Manchester
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