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See how verdicts work2-bedroom flat · OL9 9AZ
Listing removedListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered at a very attractive price point and with the additional benefit of no onward chain, we are confident that this well presented two bed, fifth floor flat will be swiftly secured and would highly recommend an early viewing appointment to avoid disappointment.
This spacious home is sure to enjoy strong appeal, particularly to those ready to take their first excited leap onto the housing ladder, however given all that the locality has to offer and obvious demand from the rental market, a buy-to-let investor may similarly wish to add the property to their existing portfolio, being notably within an area with excellent commuter links, particularly into Manchester, Oldham and Rochdale, with the motorway and Metrolink network accessible within a few minutes’ drive.
A vast array of shops and amenities are also conveniently available within the locality.
The accommodation itself has been the subject of a programme of refurbishment in recent years and is presented in very good order throughout, extending to circa 780 square feet in total and benefitting from neutral décor and modern finishes.
One enters the building via the secure fob entry system and proceeds via the communal areas up to the lift-serviced fifth floor, where one can access the private living spaces; entering via the sizeable reception hallway, with its useful built-in storage cupboards for those everyday essentials, before proceeding through into the bright 16’ open plan lounge/diner, which is flooded with natural light via the dual aspect windows.
The 16’ kitchen is fitted with a range of sleek high gloss wall and base units in grey, with complementary slate-effect laminated work surfaces and provides plenty of space for one’s free-standing appliances.
The two double bedrooms are bright and appealing, with ample space for furniture, with the accommodation completed by the shower room, which is fitted with a three-piece suite in white, comprising of pedestal wash hand basin, shower cubicle with electric Triton shower and separate WC.
Other highlights include gas central heating, the cost of which is included within the service charges, and uPVC double glazing.
Externally, the gated site affords privacy and security, whilst there are well maintained communal gardens and a private resident’s car park offering off-road parking facilities.
- Tenure: Leasehold - Years Remaining on Lease: 92 - Ground Rent Payable: £10.00 p.a. - Service Charge Payable: £1,123.92 p.a. - Council Tax: Band A EPC Rating: C
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.
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About 53 Lansdowne Court, Oldham
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