1-bedroom flat · M22 5LE
Listing removedListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This outstanding ground floor apartment has direct access into the gardens and is very well presented throughout.
The situation is close to Manchester Airport, Heald Green train station and many other amenities.
There is a secure communal entrance, welcoming entrance hallway with useful utility/ store room with plumbing for washing machine, a good sized open plan lounge with patio door to the gardens and a modern fitted kitchen with integrated oven, hob and fridge/ freezer.
There is a generous bedroom and a modern three piece bathroom suite. There are beautifully maintained communal gardens and an allocated parking space.
Internal viewings are highly recommended in order to fully appreciate what this delightful apartment has to offer.
Leasehold Information - 107 years remaining on the 125 year lease which expires 01/01/2133. Current Ground Rent: £350 Per Annum. Current Service Charge Approx £153 Per Month.
Communal Entrance Access into the apartments is via a secure telephone entry system.
Entrance Hall The hallway has access to the living accommodation and a large built in utility/ store room with plumbing for a washing machine.
Open Plan Lounge/ Kitchen 20' 8'' x 7' 6'' (6.29m x 2.28m) This superb room has UPVC double glazed patio doors opening to the communal gardens, radiator and space for lounge furniture.
The kitchen is fitted with modern wall and base level units with work surfaces over. There is an inset sink and drainer, electric oven, gas hob, integral fridge/ freezer and under counter lighting.
Bedorom 12' 8'' x 9' 3'' (3.86m x 2.82m) A generous bedroom with UPVC double glazed window, radiator and a built in storage cupboard housing the combi boiler.
Bathroom A modern three piece suite in white comprising low level W/C, wash hand basin, panelled bath with shower over, part tiled walls and a radiator.
Communal Gardens The gardens are beautifully maintained and there is an allocated parking space.
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Sheen Gardens, Heald Point, Manchester
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