2-bedroom flat · M20 6BR
Listing removedListed 279 days
Opportunity summary
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About
A GENEROUSLY PROPORTIONED and WELL PRESENTED RETIREMENT APARTMENT occupying a SECOND FLOOR position, WITH LIFT ACCESS TO ALL FLOORS.
Situated in this SOUGHT-AFTER INDEPENDENT LIVING, RETIREMENT DEVELOPMENT for THE OVER 60’S, the property is LOCATED ALONG LEAFY CLOTHORN ROAD, close to the heart of Didsbury Village, with a range of shops, bars and restaurants as well as being within easy reach of the Metrolink station.
Offered for sale with NO ONWARDS CHAIN 708 Sq.Ft The accommodation reveals; an entrance hallway with storage cupboard. There is a spacious living room with an opening through to an ideal dining area.
Double doors open from the living room into the kitchen, with an selection of base and wall units and space for fridge/freezer. The two bedrooms both feature bespoke fitted wardrobes.
The property is served by the well-appointed shower room. Externally the development benefits from off-road parking and manicured shared gardens which have borders stocked with flowers and shrubs.
There is an outdoor seating and table area for residents to enjoy.
Benefits include: 24 hour pull cords with immediate response, an on-site manager providing help and support, superb laundry facilities and a shared lounge with kitchen.
Souchay Court has a healthy community, with film nights, entertainment and other social events throughout the year.
There are also monthly meetings with the manager to ensure the high standards of the building and grounds are maintained.
Leasehold/ 125 Years From 1997 Ground Rent/ £649.64 pa Service Charge/ £481.52 pcm Approx. 708 Sq.Ft Council Tax Band: D
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 Clothorn Road, Didsbury, M20
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