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See how verdicts work2-bedroom flat · SK13 8GR
Listing removedListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD VIA ONLINE AUCTION ON THE 12TH-13TH AUGUST UNLESS SOLD PRIOR UNDER AUCTION TERMS 11 Peak Buildings, Glossop, SK13 8GR Not yet inspected by Edward Mellor but reported to comprise: entrance hallway, open-plan lounge/kitchen, two bedrooms and bathroom.
Allocated parking. A well-presented second-floor, two-bedroom apartment, offered for sale with a tenant in situ and generating an immediate rental income of £895 pcm.
The apartment forms part of a popular development in Charlestown, Glossop.
A significant advantage is that the owner will hold a share in the management company, helping to keep ongoing management costs low while giving owners greater involvement in the management of the building.
Charlestown is a sought-after location on the edge of the Peak District, with excellent access to Glossop town centre, local amenities, transport links and Manchester, making it a consistently popular area for tenants and owner-occupiers alike.
Whether you’re an experienced landlord looking to expand your portfolio or a first-time investor seeking an income-producing asset, this property offers an attractive combination of immediate rental income, low running costs and excellent long-term investment potential.
Recent Land Registry evidence highlights the strength of the local market: Apt 16, Victoria Mews, Victoria Street, SK13 8GD – Sold for £109,000 - 1 /5 / 2026 two-bed 0.46 miles Comparable rental values for similar two-bedroom apartments in the area are typically in the region of £900-£950 pcm .
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 11, Peak Buildings, Charlestown, Glossop
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