1-bedroom flat · BL9 6WG
Sold STCListed 154 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A first floor one bedroom apartment within Derby Court, just off Walmersley Road in Bury within half a mile of Bury town centre and just literally round the corner from Clarence Park.
The property is being offered for sale with no onward chain and whilst more or less original is presented in first class order throughout.
The property overlooks the garden areas to the front and is across the road from a handy convenience store.
With electric Dimplex heaters and upvc double glazing and remotely operated door entry, the accommodation briefly comprises: communal entrance hall, stairs to landing, inner hall, lounge with living flame electric fire, kitchen with a range of built in appliances, bedroom with fitted furniture and three piece bathroom with shower over the bath.
To the outside there are communal gardens and designated parking.
Council Tax Band - A EPC - tba Tenure - Leasehold 155 years from 2006 Ground Rent £120 per year Management charge £137.93 per month (paid quarterly)
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 Derby Court, Bury
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