2-bedroom flat · OL16 3DN
For saleListed 367 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
INVESTORS ONLY ADAMSONS BARTON KENDAL are pleased to offer for sale this well presented two bedroom ground floor apartment in a popular development within walking distance of Milnrow centre.
The property is to be sold with a sitting tenant, and has the potential to be a great investment opportunity with a monthly rent of £725pcm being achieved.
Internally, the well presented accommodation comprises of a spacious hallway with storage cupboards, two bedrooms, bathroom and an open plan living space with a modern fitted kitchen.
There is gated and allocated parking to the rear of the complex. Local amenities such as shops, schools and restaurants are all within walking distance.
Milnrow metrolink station provides ease of access to Manchester, and the M62 motorway network is close by. Service Charge = £287.93 quarterly Ground Rent of £50 payable 6-monthly
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.
Area
Agent & docs
FAQ
About Schofield Close, Churchgate, Milnrow OL16
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