1-bedroom flat · SK6 3BF
Sold STCListed 376 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This one bedroom retirement apartment is well presented and is situated on the second floor enjoying an aspect over the gardens to the rear of the complex.
The apartment is convenient for Romiley Village and features electric heating and double glazed windows and Juliette balcony..
Featuring: Entrance hall with a large walk in storage cupboard, living room, modern fitted kitchen with oven, hob & extractor, a double bedroom with fitted mirrored wardrobes, further fitted wardrobes and drawers and a modern shower room.
Communal facilities include a residents lounge, house manager, emergency pull cords, laundry room, guest suite, security intercom, well tended gardens and a residents car park.
EPC Rating: C Council Tax Band: B. Tenure: Leasehold - 125 year lease from 1/9/03 with £192.50 Ground Rent paid every 6 months. Service Charge 2212.52 Per Annum
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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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.
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About Metcalfe Court, Romiley
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