Modern Method of Auction
Auction date not yet published
2-bedroom flat · OL4 2LZ
For saleListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Being sold via Secure Sale online bidding. Terms & Conditions apply.
**** auction**** No chain Immediate exchange of contracts' available Being sold via Secure Sale'Upper Floor Apartment in a peaceful and scenic location.
This bright and spacious 2-bedroom property boasts communal gardens and a garage. Enjoy a well-lit living space with a serene atmosphere. Perfect for those seeking tranquility and comfort.
This beautifully presented two-bedroom top-floor apartment is set within an idyllic rural countryside location, forming part of a historic hospital conversion dating back to 1988.
Offering a unique blend of character, charm and modern living, this exceptional home is not to be missed.
Approached via a private lane, the property enjoys a peaceful and exclusive setting, complemented by generous communal gardens, ample residents' parking and a private garage to the rear.
The combination of its tranquil surroundings, distinctive character and practical amenities makes this an ideal home for those seeking both comfort and convenience.
Upon entering the building, secure access is provided via a communal entrance with a buzzer entry system, leading into a spacious and welcoming communal hallway.
The apartment itself is situated on the first floor and is accessed via a characterful hallway, setting the tone for this distinctive home.
The spacious living room is a particularly attractive feature, benefiting from two large windows that allow plenty of natural light to flood the room while offering scenic views over the surrounding countryside.
The fitted kitchen provides a good range of cupboard and worktop space, offering a practical foundation for modernisation and improvement.
To the upper floor are two well-proportioned bedrooms, each benefiting from Velux windows, creating bright and airy spaces with views towards the surrounding rural landscape.
There is also a large bathroom, again with a Velux window, fitted with a bath, separate shower, WC and wash basin. To the rear of the apartment you have our own Garage.
Although the property would benefit from some updating and modernisation, it offers an excellent opportunity for someone looking to put their own stamp on a characterful home.
With a little love and imagination, this could become a truly beautiful apartment, enjoying a private and peaceful setting surrounded by open countryside Situated in a convenient yet tucked-away location, the property provides easy access to local amenities, transport links, and surrounding countryside..
Living Room 3.71x7.68 - spacious living room with 2 exit doorways hallway 1.82x5.36 - entrance hall with staircase leading to first floor Kitchen 2.51x3.28 - fitted kitchen Bathroom 5.51x2.52 - fitted bathroom with bath, shower cubicle, Wc and washbasin Bedroom 3.71x2.51 - bedroom Bedroom 5.57x2.56 - bedroom Eaves Room 2.02x4.69 - storage room in the eaves with door access Council Tax Band: B Tenure: Leasehold Length of Lease: 961 Annual Ground Rent Amount: 70.00 Annual Service Charge Amount: 2,040.00 Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
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Archie refurb estimate: a Pro feature
0.0% below starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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.
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FAQ
About Flat 8 The Hawthorns, Arncliffe Rise, Manchester
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