5-bedroom house · BL9 5DF
Sold STCListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A substantial semi detached three storey home currently split into 3 separate self contained apartments, 2 of which are currently occupied on a residential letting basis and currently generating £1200 pcm (one apartment in currently vacant) but with a potential to generate over £2000 per month easily, in our opinion.
Located on Walmersley Road approximately half a mile from Bury town centre, the property is ideal for existing landlords to retain as 3 flats or to convert to either an HMO (subject to approvals) or a private dwelling.
The current layout comprises: Entrance vestibule, ground floor hall with access to the first and second floor landings.
Flat 1 is top floor and comprises of one bedroom, good sized living room/kitchen, three piece bathroom.
Flat 2, middle floor, entrance hall, lounge, two bedrooms, separate kitchen and good sized bathroom.
Flat 3, ground floor Tenure - Leasehold from 1922 for a period of 999 years Flat 1 EPC Rating - E Flat 1 Council Tax Banding - A Flat 2 EPC Rating - D Flat 2 Council Tax Banding - A Flat 3 EPC Rating - E Flat 3 Council Tax Banding -A
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
FAQ
About 213, Walmersley Road, Bury
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