2-bedroom flat · M43 7FW
Sold STCListed 180 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** IMMACULATELY PRESENTED APARTMENT *** SLEIGH & SON are proud to welcome this TWO BEDROOMED first floor apartment to the open market with NO VENDOR CHAIN!
This stunning apartment is situated in the SOUGHT AFTER location of Droylsden Wharf and has the benefits of a modern fitted kitchen with integrated appliances, very spacious bedroom with an en-suite, extra storage, bathroom, parking bay and many more, making it the ideal purchase for a wide range of buyers.
This well presented home is located close to local schools, amenities, transport links into Manchester City centre, lovely scenic walks along the canal and a short distance from the M60 Motorway.
Electric storage heaters and aluminium double glazing is installed throughout.
Briefly the accommodation comprises:- entrance hallway, lounge, dining area, kitchen, two bedrooms, bathroom and en-suite. Traditional brick construction.
There is mains electric, water (metered) and sewerage at the property. Council tax A. Leasehold - 150 years from 01.01.2018 at £200.00 per annum subject to be reviewed in 2038.
Service charge £2,107.37 per annum (variable). ALLOCATED PARKING FOR 1 VEHICLE. ENTRANCE HALL: Hardwood fire entrance door. Storage cupboards.
Doors into the open plan lounge/kitchen, bedrooms and bathroom. Light and power points. LOUNGE / KITCHEN: Aluminium double glazing patio door to the front elevation.
A range of fitted wall and base units with square edge worktops. Integrated oven, hob, extractor fan, washing machine, dishwasher and fridge freezer. Radiator, Spot lights and power points.
MASTER BEDROOM: Aluminium double glazing window to the front elevation. Radiator. Light and power points. Door into the en-suite. EN-SUITE: Walk in shower cubicle. Hand wash basin with a mixer tap.
Low level w/c. Heated towel rail. Part tiled. Extractor fan. Spot lights. BEDROOM TWO: Aluminium double glazing window to the side elevation. Radiator. Light and power points.
BATHROOM: Panel bathtub with hot/cold taps and a shower overhead. Wall mounted sink with a mixer tap. Low level w/c. Heated towel rail. Part tiled. Extractor fan. Spot lights.
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 Bridgewater House, Droylsden, M43
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