1-bedroom flat · SK8 2GN
For saleReduced £10k (−3.7%) on 14 AugListed 111 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A truly unique first floor apartment with stunning open plan living kitchen, one spacious double bedroom, and a luxurious bathroom.
Ideally situated within the iconic Grade II listed ‘The Old Hospital’ in the prestigious Barnes Village development in Cheadle.
Contact Mark Buckley today to arrange your personal viewing—Quote MB0874.
This apartment is brimming with character and luxurious features, including a grand open-plan living space, a sumptuous bathroom, vaulted ceilings, smart heating and lighting, and charming gothic windows with Plantation shutters that bathe the interior in natural light while offering a high degree of privacy.
Access the apartment through a secure communal entrance in the East Wing, where a beautifully crafted period staircase.
Upon entering, you are greeted by a spacious hallway that includes a handy utility room/storage, providing convenient access to all the main rooms.
The open plan living, dining, and kitchen area is designed for entertaining, featuring vaulted ceilings and gothic windows, along with ample space for a dining table and chairs, seamlessly flowing into the stylish kitchen.
The kitchen is fitted with an array of base and eye level units topped with a sleek work surface, and benefits from fully integrated appliances.
The generous double bedroom includes a built-in double wardrobe with overhead storage, ensuring that space is maximised.
The luxurious family bathroom features a three piece suite, including a low-level WC, wash hand basin, and a panelled bath with a shower over, all with fully tiled walls and flooring.
The development boasts beautifully landscaped communal gardens, parking bays, and bike storage. This apartment perfectly blends historic charm with contemporary living, all in a prime location.
Additionally, the apartment comes with a 10-year warranty from when it was converted. Council Tax Band B. EPC rating D. Share of freehold with 990 years left on lease - service charge is £167.66 pcm.
Location The Barnes Village Development is conveniently located close to Didsbury, Cheadle and Gatley villages, in addition to excellent transport links which include the M56 and M60 motorway network, Gatley and Didsbury train station and East Didsbury metro link all within 1 mile away.
The area also offers excellent choices of schooling with highly regarded local state schools and private schools.
The property is 4.1 miles from Stockport train station which offers a 2 hr service to London Euston.
Gatley train station to Manchester Airport provides a 6 minute service and is approximately 8 minutes by taxi.
Viewings An internal viewing is highly recommended, contact us today to arrange your personal viewing - Quote MB0874.
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 The Old Hospital,Apartment 5 East Wing, Pennington Gardens, Cheadle
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