2-bedroom flat · OL6 6EP
To rentListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well presented two bedroom first floor apartment offers spacious and comfortable living in a highly sought after central location.
The property features generously proportioned rooms throughout, providing an excellent sense of space and flexibility for a range of lifestyles.
Upon entering the apartment, you are welcomed by a bright and inviting hallway that leads to the main living areas.
The large living room is an ideal setting for both relaxing and entertaining, with ample space for a variety of furniture arrangements and natural light enhancing the welcoming atmosphere.
The separate kitchen is thoughtfully designed, offering plenty of worktop and storage space, making it perfectly suited to both everyday cooking.
Both bedrooms are well sized, with the principal bedroom easily accommodating a double bed and additional furniture, while the second bedroom offers versatility as a guest room, home office or nursery.
The modern bathroom is finished to a high standard. The apartment benefits from tasteful neutral décor, allowing new owners to easily add their own personal touch.
Located in the heart of the town, the property provides convenient access to a wide range of amenities, including shops, cafes, restaurants and transport links (ideal for professionals) Additional features include double glazing, efficient heating and secure entry, ensuring comfort and peace of mind.
This impressive apartment combines generous proportions, a prime location and a high standard of presentation, making it a superb opportunity for those looking to enjoy the best of town centre living.
Early viewing is highly recommended to appreciate the quality and space on offer.
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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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 Penny Meadow, Ashton-Under-Lyne, OL6
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