2-bedroom flat · M22 5LE
Sold STCListed 173 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located to the top floor of a purpose-built development, this well-proportioned apartment is certain to appeal. The property is available with the benefit of having no onward chain involved.
The accommodation meets the needs of modern living: An entrance hallway with two deep storage cupboards and entry intercom leads to an open-plan living area with Juliet balcony.
The room opens to a modern kitchen which includes an integrated fridge/freezer and washer/dryer. The principal bedroom has an en-suite shower room/WC and there is a second double bedroom.
A modern fitted bathroom/WC completes the property.
Sheen Gardens lies off Styal Road, close to the amenities of Heald Green Village, with the rail station nearby and the Metrolink tram stop on Simonsway.
The M56/M60 Motorways and Manchester Airport are also easily accessed. There is secure gated car parking with an allocated space (#38) - The development also enjoys maintained communal gardens.
Communal Entrance Hallway - Choice of lift or stairs to upper levels. Private Entrance To Apartment 38 - Entrance Hallway - With two built-in storage cupboards.
Open-Plan Living Room/Dining Kitchen - 6.48m x 3.40m plus doorway recess (21'3 x 11'2 plu - Bedroom One - 4.29m x 2.82m (14'1 x 9'3) - En-Suite Shower Room/Wc - 2.08m x 1.45m (6'10 x 4'9) - Bedroom Two - 3.10m x 2.64m (10'2 x 8'8) - Built-in cupboard housing combi-boiler.
Bathroom - 1.91m x 1.68m (6'3 x 5'6) - Externally - Communal gardens. Gated parking with allocated space (#38).
Leasehold & Service Charge Information - 106 years remain of a 125 year lease which expires on 01/01/2133 Ground rent: £350 PA - Increasing by £175 every 10 years - Next increase will be January 2028.
Service/Maintenance charge: £164.49 PCM (£1,973.88 PA) - Payable to Trinity Estates
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 Sheen Gardens, Moss Nook
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