House · SK23 6BE
For saleListed 207 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Next Chapter for a Chinley Landmark 1 Lower Lane, Chinley, SK23 6BE | Over 3,500 Sq Ft of Pure Potential Some buildings define a village, and the former Co-operative Society building at 1 Lower Lane is undoubtedly one of them.
For nearly half a century, it has been the home of Jackson Carpets, but its story goes back much further, to an era of high-quality early 20th-century craftsmanship.
Standing as a proud, detached landmark, this property isn't just a "unit"; it’s a massive, approximately 3,562 sq. ft. blank canvas.
Whether you are a developer looking for a high-yield conversion or a private buyer dreaming of a "Grand Design" style home on the edge of the Peak District, the scale here is genuinely breath-taking.
Space to Breathe, Room to Build The beauty of this building lies in its proportions.
In a village where space is at a premium, 1 Lower Lane offers three floors of expansive, versatile volume: The Showroom (Ground Floor): Imagine an open-plan living space.
With windows on multiple sides and incredible natural light, this floor has the "wow factor" usually reserved for urban loft conversions.
The Workshop (Ground Floor): The 43ft internal garage is a rare find. It offers secure, multi-car parking for a collector or the perfect foundation for a sprawling garden apartment or wellness suite.
The Loft (Second Floor): Tucked away at the top of the building, this floor offers characterful angles and quiet corners, perfect for a penthouse master suite that feels worlds away from the village below.
The Shop (Ground Floor): A separate shop front ideal as an income generator with it’s independant facilities or options to incorporate into the main building.
A Location Without Compromise Situated just a short stroll from Chinley railway station, you have direct links to the centres of Manchester and Sheffield, yet the trails of the Peak District National Park are practically on your doorstep.
It’s the ultimate "best of both worlds" location for a flagship home or a premium residential development, subject to necessary planning and approvals.
With plumbing already established on all three levels and a well maintained exterior, the "heavy lifting" has been done.
This is a rare chance to take a piece of Chinley’s history and turn it into something extraordinary.
Parking - Garage A multi-car parking space or storage with direct access to the main building.
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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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 advisors before making any investment decisions.
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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 1, Lower Lane, Chinley, SK23
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