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See how verdicts work1-bedroom flat · BL1 5HD
Under offerReduced £5k (−6.6%) on 21 JulListed 472 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Karen Ritchie Estates are delighted to be instructed with the sale of this first floor apartment, the property is ideally placed in the ever popular area of Heaton and is on the doorstep for all excellent local amenities to include shops, schools and commuting access.
The property is ideally offered with no chain and is strictly for over 55's.
The property must be internally viewed to fully appreciate and briefly comprises of entrance hall, lounge, modern fitted kitchen, one bedroom and modern shower room.
The property also benefits from electric heating, double glazing and communal gardens.
Living Accomodation Entrance Hall - giving access to first floor apartment with loft access, two storage cupboards one housing boiler and radiator.
Living Room - wall mounted coal effect electric fire, ceiling coving, double glazed window to front and radiator.
Kitchen - full range of modern wall and base units in white high gloss with moulded work surfaces, top glazed display cabinets and splash back tiling to compliment.
Electric hob, oven, cooker hood, integrated fridge and freezer, plumbed for automatic washer and double glazed window to front.
Bedroom One - full range of fitted hanging units, radiator and double glazed bay window to side.
Shower Room - modern shower room with walk in shower, hand wash basin and WC, tiled elevations, double glazed window, heated towel rail and resin floor.
Surrounding the Property Surrounding the property is laid lawn and well stocked mature borders. Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About 3, Greenmount Court, Bolton
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