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See how verdicts work2-bedroom flat · M22 5LE
Sold STCListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This superb first floor apartment is situated close to Manchester Airport, Metrolink, Heald Green Village and train station.The apartment has a secure communal entrance with lift and stairs, a welcoming hallway, large open plan lounge with modern fitted kitchen, two bedrooms with master en suite and a three piece bathroom.There is allocated parking and easy access to Heald Green train station and well maintained gardens.Viewings are essential on this beautiful apartment.Leasehold with125 years from Jan 2008- 109 years remaining.
Annual Ground Rent - £350 per year. Monthly service charge approx £150 per month.
Communal Entrance Entrance Hall Open Plan Lounge/ Kitchen 19' 2'' x 11' 6'' (5.84m x 3.50m) Bedroom 1 13' 3'' x 9' 5'' (4.04m x 2.87m) En Suite Bedroom 2 9' 3'' x 8' 4'' (2.82m x 2.54m) Bathroom Communal Gardens
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 Sheen Gardens, Heald Point, Manchester
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