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See how verdicts work34 × 2-bed flat · SK6 3FL
For saleListed 11 days
Opportunity summary
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About
Apartment 23, The Folds, Romiley Canalside tranquillity, independent living and wonderful views Enjoy the perfect balance of independence, comfort and community in this attractive two-bedroom, second-floor apartment at The Folds, an exclusive retirement living development for people aged 60 and over, ideally situated on School Brow in Romiley.
One of the apartment’s most appealing features is its canalside position, offering wonderful views across the water and a wonderfully tranquil outlook.
The gentle movement of the canal and the peaceful surroundings create a relaxing backdrop to everyday life, whether enjoying a quiet morning at home, watching the changing seasons or simply taking a moment to unwind.
This is a setting that brings a sense of calm to daily living, while remaining within easy reach of the amenities and local life that make Romiley such a desirable place to live.
Inside, the two-bedroom accommodation provides flexibility to suit a variety of lifestyles, whether you would value a second bedroom for visiting family and friends, a dedicated hobby room or space to accommodate your individual needs.
Positioned on the second floor, the apartment combines comfortable, independent living with the added appeal of its attractive waterside outlook.
A lifestyle that extends your independence The Folds offers much more than an attractive apartment.
It provides an opportunity to enjoy an independent lifestyle for longer, with the reassurance of having a dedicated team of staff on site 24 hours a day, 365 days a year.
Knowing that support and assistance are available should the need arise can provide valuable peace of mind, both for homeowners and their families, while allowing you to continue living life on your own terms.
There is also the opportunity to enjoy companionship and a ready-made community, with opportunities to meet neighbours, make new friendships and take part in activities and social events.
Whether you prefer a full calendar of things to do or the freedom to enjoy a quieter pace, the choice remains yours.
The Folds offers the reassurance of community on your doorstep, without compromising the privacy and independence of your own home.
Exceptional communal facilities The development’s range of communal facilities provides further opportunities to enjoy a fulfilling and sociable retirement.
The table-service restaurant offers the pleasure of dining without the everyday demands of preparing every meal, while the welcoming coffee lounge provides an ideal place to catch up with friends or enjoy an informal conversation with neighbours.
The homeowner lounge offers another comfortable space in which to relax and socialise, complemented by a hairdressing salon, activity studio and therapy suite.
Together, these facilities help create an environment where everyday conveniences, leisure and wellbeing are all close at hand.
Outside, the wonderful communal gardens provide attractive spaces to sit, relax and enjoy the fresh air, offering a further opportunity to appreciate the peaceful surroundings and spend time with fellow homeowners.
A desirable Romiley location Situated on School Brow, The Folds enjoys a position within Romiley, a popular Stockport suburb with a welcoming community and a range of local shops, cafés and everyday amenities.
The village setting provides opportunities to remain connected to local life, while the development itself offers a more relaxed environment in which to enjoy the next chapter.
For those seeking a home that combines the tranquillity of a canalside setting with the benefits of a supportive retirement community, Apartment 23 presents an appealing opportunity.
With its two-bedroom accommodation, wonderful waterside views and access to an excellent range of communal facilities, it offers the freedom to live independently, the opportunity to build meaningful connections and the reassurance of knowing that support is available around the clock.
Entrance Hallway The entrance hallway provides access to the principle rooms, being; the living/dining room, two bedrooms, shower room, utility cupboard and a storage cupboard.
Living through Dining Room 3.67m x 6.93m (12' 0" x 22' 9") The living room provides ample space for lounge furniture and a dining/breakfast table.
uPVC door leads onto the personal terrace area. Access on to the kitchen.
Kitchen 2.28m x 3.21m (7' 6" x 10' 6") The kitchen provides a range of contemporary wall, drawer and base units with preparation surface incorporating a stainless steel sink with chrome mixer tap.
Integrated appliances include a four ring electric hob, extraction hood, dishwasher, electric oven, microwave oven, a fridge, and freezer.
Principle Bedroom 2.9m x 4.49m (9' 6" x 14' 9") uPVC double glazed window. Fitted double wardrobes. Bedroom Two 2.69m x 4.49m (8' 10" x 14' 9") uPVC double glazed window.
uPVC double glazed window. 2m x 2.55m (6' 7" x 8' 4") The shower room provides level anti slip flooring. The suite comprises of a walk in shower, a pedestal wash basin and an inset WC.
Complimentary contemporary tiling. Chrome ladder style towel rail.
Exterior Externally, the apartment benefits from a generous private patio, providing the perfect spot to relax and enjoy the peaceful canalside setting.
The beautifully landscaped communal gardens are maintained by Adlington Management Services, allowing homeowners to enjoy the attractive grounds throughout the seasons without the time or effort of garden maintenance.
Homeowner parking is also available within the development on a non-allocated basis.
Service and Well-being Charges Benefits All our homeowners contribute monthly to a Service and Well-being Charge to cover services such as: A table service restaurant with on-site chef offering freshly prepared meals Communal cleaning, estate management and upkeep of the landscaped gardens External window cleaning, including all individual apartments Water usage and buildings insurance 24-hour on-site support everyday, 365 days a year, in case of emergency, with a discreet emergency call system installed in each apartment Our on-site management team are always available to homeowners and check on their well-being, liaise with family and professional services as required.
They also organise a full calendar of social events and activities.
Service and Well-being Charges at The Folds 2026/27 approximate weekly Service and Well-being Charge at The Folds are: 1 bedroom £223 2 bedroom £233 3 bedroom £253 The Service and Well-being Charge is reviewed annually.
It is important to point out that payment of the service charge has to continue even if the apartment is vacant, as it is apportioned between all homeowners in order to maintain the high standard of service.
Ground Rent Annual Ground Rent charges 2026: 1 Bedroom apartments – £1,184.34 2 Bedroom apartments - £1,315.94 3 Bedroom apartments - £1,579.13 The ground rent is due annually from 1st January and will be reviewed every year in line with the Retail Price Index.
In addition, to give homeowners maximum flexibility, we have incorporated into our lease the option to buy out your Ground Rent at any time by giving the legal landlord written notice, and paying a fee of 40 x the annual Ground Rent at the time of the service of the notice, which will take effect from the 1st January the following year.
For every year after that for the duration of the lease the rent will be “a peppercorn” (i.e. zero pounds).
Building Reserve Fund While the day to day maintenance of the buildings and facilities is covered by the Service and Well-being Charge, which is kept as low as possible to leave homeowners with maximum disposable income, major capital costs and refurbishment are not included.
It is important that maintenance is kept to the highest standards for all to enjoy, and to cover any major works, a fee of 0.25% of your sale price for each year, or part-year, of occupation will be levied when you sell on your apartment.
The Building Reserve Fund will build up over time so that money is available to pay for capital costs as they occur e.g replacement lifts, restaurant kitchen equipment, the buildings roof and car park etc.
This means that the development is always kept up to the same standard as when you purchased your apartment. An Administration Fee is payable on resale of the property.
Value & comps
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Returns
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Archie refurb estimate: a Pro feature
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This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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.
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FAQ
About School Brow, Romiley, Stockport, SK6
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