2-bedroom flat · SK6 1SN
For saleListed 194 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Are you looking for a NEWLY CONVERTED apartment that has amazing HIGH CEILINGS and finished to a HIGH STANDARD throughout, is STYLISHLY PRESENTED and can be found in a PRIVATE and ATTRACTIVE location surrounded by GREENERY and with the PEAK FOREST CANAL down the road of the property meaning STUNNING VIEWS and WALKS on your doorstep?
If so, then look no further...
built in 1864 this block of 12 apartments is a converted mill and it has been recently converted and COMPLETELY RENOVATED throughout creating a MODERN space with convenient facilities including a LOCAKABLE BIKE STORE and ALLOCATED PARKING.
This is the LAST FIRST FLOOR APARTMENT LEFT in this development - so viewing is highly advised!
As soon as you walk through the door of this stunning FIRST FLOOR apartment you will fall in love with how BRIGHT & SPACIOUS the home is.
Boasting immaculate and GREAT SIZED ROOMS throughout including a SPACIOUS hallway with engineered wooden flooring, TWO DOUBLE BEDROOMS with fitted carpets and LARGE WINDOWS throughout that allows the natural light to beam throughout the rooms and that overlook the stunning greenery , a separate STORAGE cupboard that has plumbing for a washing machine, a MODERN BATHROOM SUITE which has been fully tiled and a LARGE OPEN PLAN reception/kitchen area that features a lounge area, a dining area and engineered wooden flooring.
The kitchen features QUARTZ worktops, splash back, upstands, integrated appliances that include; a DISHWASHER, fridge, freezer, MICROWAVE, a hot tap, oven, hob and extractor - making it perfect for a wide range of buyers such as; FIRST TIME BUYERS, young professionals, families and DOWNSIZERS due to everything this property has to offer including being located in SOUGHT AFTER area that is 'QUIET' with lovely residents.
Externally the property is VERY PRIVATE and is SURROUNDED by GREENERY, It features a GATED CARPARK with allocated parking - there is also an option to add ELECTRIC CHARGING spaces (please ask Edward Mellor for more details).
there is a bin shed, ALARM system, CCTV cameras that surround the building and a VIDEO INTERCOM system that has the option to be connected to a google & iOS app.
We have also been made aware that the property has smoke & heat alarms, a PRE INSTALLED fibre broadband, uPVC double glazed windows throughout and a WIFI and app controlled electric heating system.
To access the property, you come from Hyde Road onto Bankfield Road and then it can be found at the bottom of Bankfield Road on a PRIVATE ROAD.
You can also access the Peak Forest Canal from Bankfield Road.
Whilst the property is situated close to OPEN COUNTRYSIDE and has a rural feel to it, the home is located within easy reach of a wide range of local amenities including transport links, shops at Woodley Precinct, schools and pubs.
For the commuter Bredbury and Woodley Train Station that are both within walking distance will get you into the vibrant Manchester City Centre in under 30 minutes, by car or bus you can travel to Stockport Town Centre and the M60 motorway is also within easy reach, which connects you to the rest of the North West.
As well as the property being perfect for a home, it could also be a brilliant BUY-TO-LET Investment opportunity, with a potential monthly rental income of around £1100 a month, due to the convenient location.
Please get in touch with the Edward Mellor Woodley Branch to arrange a viewing as soon as possible. It is definitely one to see in person, to imagine yourself living here and to make it your own home.
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
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FAQ
About Thorn Works, Mill Pool Close, Woodley
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