2-bedroom flat · OL11 5HN
Listing removedListed 375 days
Opportunity summary
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About
A ground floor apartment in a well regarded residential location close to the centre of Bamford.
The apartment is in a select development and is surrounded by matured gardens, car parking facilities are available and the property is being offered for sale with no onward chain.
Whilst some cosmetic improvement works are required, mainly floor coverings in the bedrooms and ensuite, the property offers an opportunity to live in a highly desirable location and also has the benefit of direct access onto the rear communal gardens via patio doors.
With upvc double glazing and an electric heating system the accommodation briefly comprises; secure communal entrance hall, inner entrance hallway, open plan lounge/kitchen, two bedrooms (the main with ensuite shower room) three piece main bathroom suite.
Externally there are communal gardens as well as allocated parking & intercom entrance system.
Tenure - Leasehold (Residue of 999 years, with 980 years remaining) Ground rent - tbc Service charge - £120.00 Per Calendar Month Council Tax Banding - D Energy Performance Rating - C Communal Entry Hallway Electric glass entry doors to communal hallway with access to letterboxes for the apartments within the complex.
Apartment Hallway (5.48 x 2.77 (17'11" x 9'1")) Kitchen / Diner (6.87 x 3.66 (22'6" x 12'0")) Open plan kitchen accommodation, modern kitchen fitted with a range of integrated appliances with French door access to rear communal garden area.
Bathroom Generously sized three piece family bathroom suit with window to side.
Bedroom (With En-Suite) (3.68 x 4.89 (12'0" x 16'0")) Bedroom accommodation with window to the side and three piece en-suite.
En-Suite (1.80 x 1.90 (5'10" x 6'2")) Three piece shower room with window to side. Storage / Boiler Room (1.76 x 1.05 (5'9" x 3'5")) Airing cupboard with hot water storage tank.
Second Bedroom (2.59 x 4.20 (8'5" x 13'9")) Bedroom accommodation with window to rear. Communal Garden Areas The property has matured communal gardens with sitting area and lawns.
There is also the benefit of designated parking.
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 Apartment 4, 3, Meadowcroft House, Meadowcroft Lane, Rochdale
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