2-bedroom flat · SK5 6FY
For saleReduced £10k (−5%) on 7 OctListed 89 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A 2 double bedroom duplex apartment with parking in the desirable Elisabeth Gardens development.
A well-presented, self-contained 2 double bedroom duplex apartment, ideally situated within the highly sought-after Elisabeth Gardens development in the heart of Reddish's Houldsworth Conservation Area.
Internally, the property comprises an entrance hallway with stairs leading to the first floor, two well-proportioned double bedrooms, and a contemporary three-piece bathroom fitted with a WC, wash hand basin, and bath with shower over.
To the first floor is a spacious open-plan living and kitchen area, flooded with natural light from surrounding windows.
The kitchen is fitted with a range of modern wall and base units, complemented by integrated appliances and contemporary wooden flooring throughout, creating a bright and versatile living space.
Externally, the property further benefits from an allocated parking space.
Ideal for both owner-occupiers and buy-to-let investors, the property offers an attractive potential rental yield of 6.2%, making it an excellent investment opportunity as well as a fantastic place to call home.
Located just over five miles from Manchester city centre, Elisabeth Gardens offers the perfect balance of convenient city access and a peaceful suburban lifestyle.
A wide range of local amenities are within easy reach, including Houldsworth Golf Club just a short walk away, local shops within five minutes, and Reddish South railway station approximately a 10-minute walk away, providing direct links into Manchester city centre.
The area is also well served by excellent public transport links, making it an ideal location for commuters.
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.
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FAQ
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