2-bedroom flat · BL7 9BX
Listing removedReduced £50 (−5.6%) on 1 JulListed 135 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Description A well-presented two-bedroom apartment located within the popular Spencers Wood development in Bromley Cross.
The property offers a spacious open-plan living and dining area with access to a private balcony, a modern fitted kitchen, two good-sized bedrooms and a contemporary bathroom.
Situated within attractive woodland surroundings, the development benefits from secure gated access, allocated parking and excellent access to local amenities, countryside walks and transport links, including Bromley Cross railway station.
Key Features * Two-bedroom apartment * Private balcony * Open-plan living space * Modern kitchen and bathroom * Allocated parking * Secure gated development * Sought-after Bromley Cross location * Close to local amenities and transport links Deposit: £900 Holding Deposit: £207
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 23 Spencers Wood, Bolton
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