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See how verdicts work1-bedroom flat · OL12 7TX
Sold STCListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
WELL PRESENTED GROUND FLOOR APARTMENT OFFERING EXCELLENT VIEWS OVER OPEN COUNTRYSIDE AND GOOD ACCESS TO LOCAL AMENITIES, SITUATED IN A SOUGHT-AFTER PICTURESQUE LOCATION, CLOSE TO BOTH NORDEN AND BAMFORD.
Andrew Kelly and Associates are delighted to offer for sale this ground floor, ONE BEDROOM apartment, situated in the sought-after area and offers uninterrupted over open countryside.
Close to Norden, Rochdale and Bamford centres which provide a good selection of local amenities including several independent shops, excellent schools, bars, restaurants and Rochdale golf club.
The home offers easy access to the M62 with links to Leeds, Manchester and Liverpool.
Benefitting from double glazing and electric heating the home comprises briefly of an entrance hall, lounge, separate kitchen, one double bedroom and a three-piece family bathroom.
Externally, there is gated entrance to the apartment complex, a communal courtyard garden and allocated parking along with additional visitors parking.
This property would make an ideal first time purchase or investment. EARLY VIEWING RECOMMENDED TO FULLY APPRECIATE THE SIZE, LOCATION AND PRESENTATION OF THE ACCOMMODATION ON OFFER.
Entrance Hallway Storage cupboard and laminate wood flooring.
Bathroom 8' 0'' x 7' 2'' (2.44m x 2.18m) Corner bath with overhead shower, wash hand basin, WC, tiled splashback and laminate wood flooring.
Kitchen 6' 6'' x 11' 4'' (1.98m x 3.45m) Good supply of fitted wall and base units with complementary worktops, inset sink, tiled splashback, integrated oven, hob and extractor, space for washing machine and fridge/freezer and laminate wood flooring.
Lounge 17' 7'' x 11' 1'' (5.36m x 3.38m) Rear facing Upvc double glazed window, TV and electrical connections, laminate wood flooring and a wall mounted electric heater.
Bedroom One 12' 4'' x 10' 11'' (3.76m x 3.32m) Rear facing Upvc double glazed window, laminate wood flooring and a wall mounted electric heater.
Externally Gated access, allocated parking, visitors parking and a communal courtyard area.
Information Tenure - Leasehold, Ground Rent £50 per year Service charge - £120 per month Council Tax Band - A EPC Rating - TBC
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 The Meadows, Red Lumb, Rochdale
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