1-bedroom house · M41 9RD
Listing removedListed 532 days
Opportunity summary
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About
*A one bedroom ground floor flat* A scheme specifically for persons age 60 or above. Gas central heating system/double glazing. Shower room/WC. A popular and sought after location.
Communal grounds with parking areas. Own entrance door and direct access to the gardens with a small patio. Conveniently situated for access to local facilities.
Shared ownership arrangement (60%) No ongoing vendor chain. Must be viewed to be appreciated. Virtual Tour Available. Entrance Hall With a radiator and a UPVC double glazed entrance door.
There are two extremely useful built-in storage areas off.
Kitchen With a single drainer stainless steel sink unit and a range a base and wall cupboard units and working surfaces incorporating an oven, hob and extractor.
Double glazed window, tiled areas and a radiator. Plumbing is provided for an automatic washing machine and there’s space for a fridge.
The 'Worcester' combination gas central heating boiler is located here. Shower Room/Wc With a walk-in shower compartment, pedestal wash hand basin and low-level WC.
Double glazed-window, tiled decor and a radiator. Lounge With a radiator and a feature fireplace. A double-glazed sliding patio door provides access to a patio area and the communal gardens beyond.
Double Bedroom With a radiator, a double-glazed window to the rear and range of fitted wardrobes and storage space. Ceiling fan.
Outside The development stands within well-tended, communal grounds with parking areas for residents and visitors. Additional Information A service charge is payable of £69.71pcm.
There is also a payment of £47.30pcm in respect of the rent payable on the non-owned portion of the property.
(Total £117.01) The tenure of the property is Leasehold for the residue of 99 years from 01/01/1994.
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
Agent & docs
FAQ
About 10, Orme Close, Manchester
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