2-bedroom flat · SK8 3UP
Listing removedListed 175 days
Opportunity summary
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About
This well presented two bedroomed ground floor apartment conveniently located for Manchester International Airport (hotels/rail station), Metrolink system, Heald Green train station, access to the national motorway connections, the leisure facilities at David Lloyd Centre, Hallmark Hotel, The Village and Total Fitness Centre, plus shopping facilities at Cheadle Royal, Handforth Dean and Stanley Green (department/ superstores) all of which are within a radius of three and a half miles or so.
Manchester and Stockport are some nine/six miles distant respectively, both providing a more comprehensive range of leisure/ entertainment/recreational activities catering for a wide range of tastes.
A viewing of this apartment is highly recommended.
Directions From our Heald Green Office proceed along Finney Lane for less than a quarter of a mile, turn right on to Roseacre Drive, drive to the end of the end where the property will be found on the right-hand side, parking is to the left-hand side.
Accommodation Entrance hall 10'10 x 3'9 Central heating radiator, point, power points, storage cupboard housing circuit breaker.
Lounge/ diner 15'1 x 10'1 Central heating radiators, uPVC double glazed window, power points, tv point, phone point, Kitchen 10'3 x 7'2 Fitted with a range of wall, base and drawer units providing storage and working surfaces, stainless steel single drainer sink unit with mixer tap and tiled splash-back, integrated electric oven/grill, gas hob and tiled to splash back, extractor hood above, power points, cupboard housing combi central heating boiler.
Bedroom 1 10'8 x 6'10 Central heating radiator, uPVC double glazed window, power points. tv point, - storage space, fitted robes providing good hanging and storage space.
Bedroom 2 13'1 x 10'10 Central heating radiator, uPVC double glazed window, power points. tv point.
Bathroom/wc 6'10 x 5'7 Fitted suite in white comprising with shower, pedestal wash basin with mirror above, close coupled wc, chrome ladder style central heating radiator, half tiled in ceramics, half aqua board, extractor fan.
Outside The apartment benefits from a private garden with shrub/bushes and enclosed within fencing, allocated car parking space located Management fee £540 - includes cleaning and gardening to the communal areas, window cleaning and buildings insurance Tenure Ground rent Leasehold - 950 years £20pa Council Tax Band A - Stockport MBC Possession Postcode On completion SK8 3UP Purchase Price £200,000
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
Agent & docs
FAQ
About Roseacre Drive, Cheadle, Greater Manchester, SK8
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