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See how verdicts work1-bedroom flat · BL9 5QW
Listing removedListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The apartment offers a bright and well planned interior, featuring an open plan L shaped lounge/diner with high ceilings, a large feature window and a fitted kitchen with integrated appliances.
A modern white three piece bathroom with an electric shower sits off the hallway, along with practical under stair storage.
The standout mezzanine bedroom provides a generous loft style sleeping space with excellent natural light, creating a unique layout that blends character with modern convenience.
Decorative beams, the stone mill setting and the overall sense of space give the property a distinctive feel rarely found at this price point.
Externally, the building forms part of a highly regarded historic stone mill conversion with landscaped communal areas and a peaceful riverside setting.
The apartment benefits from secure off road parking and lift access, offering day to day practicality for residents.
The position within the development provides a pleasant outlook and a quiet environment, ideal for buyers seeking a low maintenance home in a semi rural location.
Summerseat is a well connected village with a strong community feel, positioned between Ramsbottom and Bury and offering quick access to the M66/M60 for Manchester and beyond .
Local amenities include independent cafés, pubs, riverside walks, the East Lancashire Railway station, and convenient transport links into nearby towns.
The area is also served by several well rated OFSTED schools in the wider catchment, making it an appealing location for a range of buyers.
With its combination of character, practicality and excellent connectivity, this property represents a strong opportunity for first time buyers, professionals or buy to let investors looking for a quality home in a consistently popular village setting.
EPC Rating: C Lounge / diner 4.3m x 5.9m Kitchen 1.8m x 4.0m Bedroom 3.1m x 4.3m Bathroom 1.8m x 4.0m Parking - 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 The Spinnings, Waterside Road, Summerseat, Bury, BL9
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