2-bedroom flat · M7 4EL
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aubrey Lee & Co are bringing to the market this 1st floor, two bedroom apartment situated in an over 55's only block which offers great access to local shops, places of worship and transport links.
The property is in need of modernisation throughout and is offered with no onward chain.
The accommodation briefly comprises of:- Communal Entrance, Hall, Lounge, Dining Area, Kitchen, Bedroom 1, Bedroom 2, Bathroom, Carpark.
Viewings can be arranged by calling the office of Aubrey Lee & Co.
Location Situated on New Hall Road between the junctions with Brantwood Road & Bury New Road Communal Entrance Secure intercom access door opening to all apartments in the block, lift and stairs to all floors.
Hall Panelled doors to all rooms, intercom to main entrance, airing cupboard.
Lounge Front facing room having patio doors opening to balcony, the room offers ample space for lounge furniture and opens to:- Dining Area Space for a dining set and doorway to:- Kitchen - 2.68m (8'10") Approx x 2.58m (8'6") Approx Front facing room fitted with a collection of wall and base units, inset double sink unit with taps, integrated oven with 4 ring hob and extractor hood.
Space for a fridge/freezer along with space and plumbing for a washing machine.
2 Bedrooms Bedroom 1 - 3.25m (10'8") Approx x 2.7m (8'10") Approx Front facing double bedroom with fitted robes and matching dresser.
Bedroom 2 - 3.25m (10'8") Approx x 2.51m (8'3") Approx Front facing single bedroom. Bathroom Consisting of a coloured suite of bath with overhead shower, matching washbasin and wc. Part tiled walls.
Carpark Residents carpark to the front of the block.
Heating Electric wall heaters Windows Double glazed units in wooden frames Council Tax Band B Service Charge We understand that the property pays around £198 per month.
Tenure We understand that the property is leasehold subject to a 125 year lease that commenced in 1991. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 Flat 8 Tower Grange, New Hall Road, Salford
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