2-bedroom flat · BL8 1NF
Sold STCListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A modern two bedroom apartment located on a quite cul-de-sac in the ever popular area of Elton.
The location offers excellent access to Bury town centre, primary & secondary schools (Guardian Angels Ofsted outstanding & Elton High school Ofsted Good), local shops and amenities yet with Whitehead Park & playing fields being on your doorstep.
The accommodation briefly comprises of: Entrance hall, lounge, kitchen, two bedrooms and family bathroom with communal gardens and allocated parking.
The property is ideal for a first time buyer or but to let investment.
Tenure - Leasehold - 999 years from 4 May 2004 Service Charge - £79 per month Ground Rent - £200 Per year EPC- C Council Tax Band - A Entrance Hallway - Door access, electric heater, ceiling light point and loft access.
Lounge - Double glazed window, electric heaters and ceiling light point.
Kitchen - Double glazed window, selection of wall & base units with work surfaces to complement, integrated electric oven & hob with stainless steel extractor hood over, plumed for washing machine, space for fridge/freezer, circular sink & drainer, tiled splashback and ceiling light point.
Bedroom One - Double glazed window to the front, electric heater and ceiling light point. Bedroom Two - Double glazed window to the rear, electric heater and ceiling light point.
Bathroom - Double glazed frosted window to the rear, three piece white suite comprising of; Low level w.c, pedestal hand wash basin and panel bath, chrome heated towel rail, ceiling light point and extractor fan.
Externally - Communal gardens and allocated parking.
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 Vanguard Close, Bury
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