2-bedroom flat · M25 9NX
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Thornley Groves are delighted to offer this deceptively spacious upper floor two bedroom flat in close to Prestwich village.
Internally the property comprises of; Hall - With skylights Living Room - Bright and airy front facing room with space for lounge furniture. Kitchen - Collection of wall & base units.
Integrated electric oven and hob with extractor. Plumbing for washing machine. Fridge/freezer included. Tiled splashbacks.
Bedroom 1 - Spacious rear facing double room with ample space for bedroom furniture. Bedroom 2 - Well proportioned, front facing double room with fitted robe.
Bathroom - Smart white suite of bath with electrically operated shower, w.c. & washbasin. Part tiled walls. Parking - Parking outside the property which is off the main road.
Heating - Gas fired heating with radiators from a wall mounted combi boiler Windows - Sealed unit double glazing in u.P.V.C Council Tax - Band A This property is Available 21st of November with the rent payable monthly in advance and will be exclusive of council tax and all other utilities.
A security deposit equal to 5 weeks' rent. Unfurnished. EPC Rating C. Council Tax Band = A Right to Rent in the UK checks will be completed via our referencing agency, before a tenancy can be granted.
All tenants over the age of 18 must provide original relevant identification documents at the point of submitting an application to rent
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 Bury New Road, Manchester
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