1-bedroom flat · BL8 1DE
Listing removedListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Discounted through Bury Councils affordable housing scheme, call for more information and eligibility.
Beautifully presented throughout, this impressive ground floor apartment is located in the highly sought after Wharfside Development - an iconic converted cotton mill within easy walking distance of Bury Town Centre and the picturesque Burrs Country Park.
Steeped in history, this striking mill once formed part of the Bury Boot & Shoe Company and originally operated as a major cotton mill.
Now home to 51 contemporary apartments, the development has undergone extensive refurbishment in recent years, offering bright, modern accommodation while retaining its unique character.
Residents benefit from superb access to local amenities and excellent transport links into Manchester City Centre, making this an ideal home for commuters and those seeking convenient, stylish living.
The apartment itself has been upgraded to a high standard and is offered in true move in condition.
Positioned on the ground floor, the property briefly comprises a spacious open plan kitchen, dining and living area, a large double bedroom complete with a beautifully finished ensuite shower room, and a further modern three piece bathroom for added convenience.
Additional benefits include a secure intercom entry system, double glazing, electric heating, and an allocated parking space.
With its exceptional presentation, historic setting and convenient location, early viewing is highly recommended to fully appreciate the quality of accommodation on offer.
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 23 Wharfside Apartments,, Prospect Terrace, Greater Manchester
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