1-bedroom flat · BL8 2QQ
Listing removedListed 361 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Deceptively spacious and immaculately presented one bedroom first floor apartment in the ever popular Elton area Bury just off Ainsworth Road with views to the rear toward Bury town centre.
The location is within walking distance to bury town centre with local shops, amenities and Whitehead park and plating fields being on your doorstep.
The property is an ideal first time buy of for those looking to downsize.
The property really must be viewed to appreciate the condition and in brief comprises of: Entrance hall, open plan lounge/kitchen/diner, bedroom and bathroom.
The property benefits from allocated parking and is offered to the market with no onward chain.
Tenure - Leasehold 850 years from 1 January 2003 Ground Rent £75 per annum Service charge - £58 per month EPC - B Entrance Hall - Ceiling light point, wall mounted electric heater and built in storage/airing cupboard.
Open Plan Living - Double glazed windows and door access to the rear with Juliet balcony with views toward Bury town centre, double glazed window to the side, selection of wall & base units with work surfaces to complement, breakfast bar, integrated fridge & freezer, electric oven and hob with stainless steel extractor hood over and plumbed for washing machine.
sink & drainer, tiled splash back, down lighting, television point and tow wall mounted electric heaters. Bedroom - Double glazed windows, ceiling light point and wall mounted electric heater.
Bathroom - Three piece white suite comprising of; Low level w.c, wall mounted hand wash basin and panel bath with electric shower over, tiled elevations, heated towel rails, ceiling light point and extractor fan.
Externally - There is allocated parking.
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 Elton Loft Apartments, Elton, Bury
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