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See how verdicts work2-bedroom property · M7 4EL
Listing removedListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aubrey Lee & Co are happy to bring to the market this 1st floor (lift assisted), two bedroom apartment situated in an over 55`s development.
Located in a sought after location which offers convenient access to local shops, transport links and places of worship.
The accommodation briefly comprises of:- Communal Entrance, Hall, Guest Wc, Living Room, Kitchen, Bedroom 1, Bedroom 2, Bathroom. Viewings can be arranged by calling the office of Aubrey Lee & Co.
Location Situated on New Hall Road between the junctions with Brantwood Road & Bury New Road Communal Entrance Secure intercom access door opening to all apartments in the block, lift and stairs to all floors.
Hall Panelled doors to all rooms, intercom to main entrance. Guest Wc Consisting of a coloured suite of wc with white washbasin, tiled splashbacks and extractor fan.
Tank/airing cupboard accessed from here also.
Living Room - 4.94m (16'2") Approx x 2.87m (9'5") Approx A front facing room which offers space for both lounge and dining furniture in two different areas opens to the dining area.
The lounge area has patio door opening to balcony.
Dining Area - 3.79m (12'5") Approx x 2.55m (8'4") Approx Ample space for furniture and saloon style doors open to:- Kitchen - 3.31m (10'10") Approx x 2.03m (6'8") Approx Front facing room fitted with a collection of wall and base units, inset double drainer sink unit with mixer tap, integrated oven with 4 ring hob and extractor hood above, space for undercounter fridge and freezer along with space and plumbing for a washing machine.
Tiled splashbacks and front facing window. 2 Bedrooms Bedroom 1 - 3.58m (11'9") Approx x 2.55m (8'4") Approx Rear facing smaller double bedroom with fitted robes.
Bedroom 2 - 3.48m (11'5") Approx x 2.37m (7'9") Approx Rear facing larger single bedroom which again has fitted robes.
Bathroom Consisting of a coloured suite of bath with overhead shower, washbasin and wc. Frosted window and tiled splashbacks. Parking Residents carpark to the front of the development.
Heating Electric wall mounted heaters. Windows Double glazed units. Council Tax Band B Service Charge We understand that the apartment pays around £198 per month.
Tenure The apartment has a share of the freehold title which is owned by the management company. This makes the property Leasehold but there is no ground rent to pay.
what3words /// wonderfully.sunset.such Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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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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