1-bedroom flat · M25 1JJ
Listing removedListed 229 days
Opportunity summary
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About
Aubrey Lee & Co are pleased to bring to the market this ground floor, one bedroom apartment which offers convenient access to local shops, schools, transport links and Heaton Park.
The property makes an ideal first time buy and investment alike (potentially can be sold with tenant in situ) The accommodation briefly comprises of:- Communal Entrance, Hall, Living Room, fitted kitchen, 1 Bedroom, good size bathroom, plenty of storage and parking to the rear of the building.
Viewings can be arranged by calling the office of Aubrey Lee & Co. Location Situated on Ostrich Lane accessed from Bury Old Road or Scholes Lane Communal Entrance Secure intercom access door.
Hall Panelled doors to all rooms, intercom to block door. Useful cloaks cupboard.
Living Room - 5.82m (19'1") Approx x 5.41m (17'9") Approx A nicely proportioned room having French doors opening to the communal garden, ample space for both lounge and dining furniture, door to:- Kitchen - 1.91m (6'3") Approx x 1.65m (5'5") Approx Fitted with a collection of wall and base units with an inset sink unit and mixer tap, integrated oven with 4 ring hob and extractor hood above, Space for fridge/freezer and washing machine, tiled splashbacks and side facing window.
1 Bedroom Bedroom 1 - 3.89m (12'9") Approx x 2.51m (8'3") Approx Side facing double bedroom with fitted robes. Bathroom White suite of bath with overhead shower, matching washbasin and wc.
Tiled walls and floor. Extractor fan. Parking Residents carpark with unallocated spaces.
Heating Gas central heating Windows Sealed unit double glazing in upvc frames Council Tax Band A Service Charge We understand that the property pays around £80 per month.
Tenure We understand that the property is leasehold subject to a 999 year lease which commenced 1985 and an annual ground rent of £40.
What3words /// deck.tribes.appeal 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
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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 6, Heaton Court, Manchester
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