3-bedroom semi-detached house · SK22 3LL
Sold STCListed 641 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This vastly improved extended stone dwelling will appeal to a buyer looking for charm and character of a bygone era with stunning open aspect views.
Original parts of the home date back to the 1700s and the current layout now provides an entrance hall, 24'1 x 12'8 lounge, dining room, study/bedroom four, country style kitchen and a side porch.
First floor landing, three well balanced bedrooms and a spacious bathroom. Other features include a workshop, basement, space for a detached garage and approx. 1/3 of an acre.
New Mills/Newtown is set in an area of spectacular natural beauty standing above a natural rocky gorge, known as The Torrs, where the River Sett joins the River Goyt.
The town is now home to a wide range of independent food retailers and has a good selection of restaurants, cafés and pubs.
Two train stations, New Mills Central and Newtown, provides links to Stockport, Manchester, Buxton, Sheffield and Leeds.
Entrance Hall Lounge (7.6m x 3.66m) Dining Room (4.62m x 3.6m) Kitchen (3.5m x 2.84m) Study/Bedroom Four (3.5m x 2.54m) Landing Bedroom One (4.62m x 3.63m) Bedroom Two (3.6m x 3.12m) Bedroom Three (3.73m x 2.72m) Bathroom (2.72m x 2.44m) Basement (3.6m x 2.84m) Workshop (3.6m x 2.62m) Garden & Land Approx 1/3 of an acre.
Driveway
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
Agent & docs
FAQ
About Elly Bank,, Redmoor Lane, High Peak
Explore nearby