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See how verdicts work4-bedroom house · SK6 4HJ
Listing removedListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OFFERED WITH NO ONWARD CHAIN.
Upper Watermeetings Farmhouse is a period stone farmhouse that enjoys a peaceful setting with panoramic views across the Goyt River Valley to the stunning arches of the railway viaduct and Peak Forest Canal aqueduct.
The beautiful farmhouse is approached via electric gates that open onto a large courtyard with the farmhouse to one side and some barns (under separate ownership) to the other.
The property offers an entrance hall, ground floor W.C/utility room, office, lounge/dining room, separate living room and a beautiful farmhouse kitchen with pantry.
To the first floor there is a master bedroom with en-suite bathroom, a second bedroom with adjoining dressing room/occasional bedroom and attic room above, a third bedroom and a luxury family bathroom off a large open lobby.
A galleried landing looks down to the lobby and gives access to a large attic room.
A large south-facing terrace fully encapsulates the stunning views and is adjoins a formal garden area plus additional land that extends to adjoin the Goyt River banks.
The farmhouse is accessed off an unadopted lane that leads to just two other properties, it is freehold with mains electricity and water, LPG central heating and septic tank drainage shared with the adjoining property.
PORCH ENTRANCE HALL UTILITY ROOM/DOWNSTAIRS W.C.
7' 8'' x 7' 8'' (2.34m x 2.34m) LOUNGE/DINING ROOM 22' 10'' into dining bay x 13' 3'' (6.95m x 4.04m) LIVING ROOM 17' 6'' x 16' 8'' (5.33m x 5.08m) FARMHOUSE KITCHEN DINER 21' 6'' x 13' 2'' max (6.55m x 4.01m) OFFICE 8' 1'' x 7' 0'' (2.46m x 2.13m) FIRST FLOOR LANDING FIRST FLOOR LOBBY 13' 3'' x 8' 0'' (4.04m x 2.44m) BEDROOM ONE 18' 1'' x 15' 6'' (5.51m x 4.72m) 'L' Shaped EN-SUITE BATHROOM 7' 1'' x 5' 6'' (2.16m x 1.68m) BEDROOM TWO 11' 3'' x 11' 2'' (3.43m x 3.40m) DRESSING ROOM/OCCASIONAL BEDROOM 12' 0'' x 6' 8'' (3.65m x 2.03m) ATTIC ROOM 16' 10'' x 12' 7'' (5.13m x 3.83m) with restricted headroom BEDROOM THREE 12' 0'' x 8' 0'' (3.65m x 2.44m) LUXURY BATHROOM 13' 4'' x 8' 6'' (4.06m x 2.59m) GALLERIED LANDING ATTIC ROOM 16' 9'' x 14' 1'' (5.10m x 4.29m) with some restricted headroom PANTRY 7' 8'' x 3' 1'' (2.34m x 0.94m)
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Watermeetings Lane, Romiley
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