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See how verdicts work2-bedroom bungalow · M24 1HR
Sold STCListed 25 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well presented two bed semi detached bungalow with driveway, rear conservatory, detached garage and lawned gardens to the front and rear.
Well presented two bed semi detached bungalow with driveway, rear conservatory, detached garage and lawned gardens to the front and rear.
Briefly comprising of gas central heating, uPVC double glazed windows, spacious lounge and kitchen. An inner hallway leads to the bedrooms, shower room and conservatory.
Externally to the front is a lawned garden with mature borders, a paved driveway with gated access down the side with access to the detached garage and garden.
The rear garden comprises of a full width patio leading to the enclosed lawned garden with mature borders housing a variety of plants and shrubs.
Situated in the much sought after area of Alkrington with easy walking distance to its shops and excellent schooling, whilst Middleton town centre and its range of amenities are easily accessible.
The M60 motorway network is just a short drive away making this property a good choice for the commuter. Please note: This sale was originally agreed through McGowan Homes.
Following the acquisition of McGowan Homes by Cowell & Norford, the sale is now being managed and progressed by Cowell & Norford through to completion.
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 Cheltenham Road, Middleton, Manchester, Greater Manchester, M24
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