2-bedroom flat · OL4 3DH
Listing removedReduced £50 (−4.8%) on 7 JulListed 112 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Set within the popular Acorn Mill development in Lees, this well presented two-bedroom duplex penthouse apartment offers modern, spacious living in a secure and convenient location, with village amenities, transport links and everyday essentials all close by.
The property has been recently redecorated throughout and also benefits from a refreshed kitchen with newly fitted cupboard doors, giving the apartment a clean, modern and move-in ready feel.
Arranged over two floors, the entrance level offers two well-proportioned double bedrooms and a bathroom, creating a practical layout with the sleeping accommodation neatly separated from the main living space.
Upstairs, the property opens into a bright and spacious lounge and kitchen area, ideal for relaxing, entertaining or working from home.
The kitchen has been recently refreshed and provides good storage and workspace for day-to-day living.
A standout feature of the apartment is the private balcony, accessed directly from the lounge and recently finished with brand new decking.
This provides a lovely outdoor space to enjoy a morning coffee or unwind at the end of the day. The apartment also benefits from lift access, gated entry and allocated secure underground parking.
Located close to the amenities of popular Lees village, the property is well placed for local shops, cafés and transport links, with bus routes nearby and Derker Metrolink within a short drive, offering easy connections into Oldham, Manchester and surrounding areas.
Offered unfurnished, this stylish duplex apartment is ideal for anyone looking for a modern, low-maintenance home in a secure and well-connected location. Available immediately.
Contact us today to arrange a viewing.
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 Acorn Mill, Mellor Street, Lees, Oldham
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