4-bedroom house · M24 2HN
Listing removedListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**30% shared ownership**option to buy 100% or increase from the 30% up to 75% with A monthly rent** Great sized family home | Sought after and convenient position | Close to Railway Station | Off-road parking | Three floors | Gardens | Built circa 2024 | no chain.
EPC B. Ryder & Dutton are excited to offer this shared ownership family home which offers a fantastic opportunity to get on the housing ladder.
The housing association is First Choice Homes and there is an option to purchase a larger percentage of the property up to 75% or an option to purchase the full 100% which would immediately revert the property to freehold.
The current owner owns 30% and pays £600 per month which covers the rent, ground rent and building insurance, of course if you purchased a higher percentage of the property the monthly rent would decrease.
The property is a great size and offers almost 1300 square feet of living space over three levels which feature; entrance hall, downstairs WC, lounge, kitchen/diner and useful under-stairs storage area.
Stairs lead up from the hallway to first floor landing which opens to three bedrooms and family bathroom whilst on the top floor is a good sized bedroom with en-suite.
Externally the property offers off road parking and a garden to the rear.
The property sits in a great position for walking to Mills Hill Railway Station which provides easy access to Manchester Victoria in 10-15 minutes.
Shops, schools and motorway networks are also all nearby. We understand that the ground rent is £7.11 pa and the service charge is £54.61 pa but is included within the monthly rent.
Anti-Money Laundering (aml) Checks - As part of making an offer, we’re required by law to complete Anti-Money Laundering (aml) checks to confirm the identity of all purchasers.
To cover the cost of this process, a fee of £48 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and helps us ensure your offer can be progressed as quickly and smoothly as possible.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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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 13, Middle Farm Close, Manchester
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