2-bedroom flat · BL9 6RF
For saleReduced £4k (−2%) on 21 JunListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Brand new apartment for sale on Mill Road, off Walmersely Old Road in Bury approximately 1.5 miles from the town centre, a similar distance to the motorway network and yet literally round the corner from open countryside.
The property is newly constructed by Barratt Homes and offers all the latest specification expected from a high class and well known construction company.
Prices are from £202,000 for the ground floor homes, however Barratts will offer certain incentives; kitchen packs to include built in fridge/freezer & dishwasher, and floor covering options.
Internally the accommodation is very welcoming with spacious entrance hall, lounge, two bedrooms (on the upper floors the bedrooms will be both double sized), bathroom with thermostatic shower over the bath, and of course fitted kitchens.
There is gas central heating and good sized storage cupboards. To the outside there are communal garden areas with designated on site parking.
Tenure - Leasehold (lease terms of 999 years from Dec 25) Management Charge - £142.55 Per Calendar Month Estate Charge - £18.58 Per Month Council Tax Banding - tbc Energy Performance Rating - B Communal Entrance Hall With access to first and second floor landings.
Inner Hall Surprisingly spacious hall with storage cupboards off. Lounge Good sized room.
Kitchen With a range of wall & base units and complementary worktops incorporating a single drainer sink unit. Built in appliances to include gas hob, electric oven and extraction system.
Kitchen pack is available to include: Dishwasher, fridge freezer and washing machine. Main Bedroom Double sized room. Bedroom Two Double sized (on upper floors).
Bathroom Three piece suite in white comprising: A low flush w.c., pedestal hand wash basin and panelled bath with thermostatic shower over. Outside Designated parking and communal outside spaces.
Value & comps
No previous sales on record.
Returns
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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 The Falkirk, Waldmers Wood, Mill Road, Bury
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