1-bedroom house · M41 9JE
For saleReduced £5k (−3.4%) on 13 AugListed 610 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*A much cared for, one double bedoom retirement apartment* Favourably positioned within the development on the third floor. Specifically for persons aged 60 and above.
Situated adjacent to the facilities available within Urmston Town Centre. Hall with storage off. Well appointed shower room/WC. Good sized lounge/dining room. Fitted kitchen with oven and hob.
Electric heating system and double glazing. Communal lounge, laundry room and gardens with seating area within the development. House manager in situ. Guest suite for visitors.
Must be viewed to be appreciated. No ongoing vendor chain. Lift to all floors. Entrance Hall With a useful storage cupboard off.
Lounge/Dining Room With a double glazed window providing a pleasant outlook. A coal effect fire is set within a feature fireplace and there’s a Dimplex storage heater.
Double doors provide access to: Kitchen With a single drainer stainless steel sink unit and range of base and wall cupboard units and working surfaces incorporating an oven, hob and extractor.
Tiled areas, double glazed window and space for appliances. Double Bedroom With a double glazed window providing a pleasant outlook. Good range of fitted wardrobes and storage space.
A Dimplex storage heater is fitted. Bathroom With a three-piece suite comprising panelled bath, wash hand basin with storage space below and a low-level WC.
A shower is installed over the bath and an anti-splash screen is fitted. Tiled decor, heated towel rail and there’s a Dimplex electric fan heater. Extractor fan.
Outside The development stands within pleasant, well tended communal grounds that incorporate parking areas for residents only and a sitting area for residents.
Development Features CCTV, door entry and alarm systems in situ. Security and fire protection system. 24 Hour emergency call system. Economy 7 electric heating.
Residents lounge, laundry room and guest suite within the development.
Additional Information Leasehold for the residue of 125 years from the 1st of April 2004, subject to an annual ground rent of £395. A service charge is payable of £2560.20 per annum.
Payment is due in two instalments of £1280.10 on 01/03/2025 and 01/09/2025.
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 Apartment 45 St Clement Court, 9 Manor Avenue, Manchester
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