2-bedroom flat · SK4 4LA
For saleReduced £10k (−3.3%) on 19 SepListed 127 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Executive two bedroom top floor apartment in the exclusive Thornbank Lodge in Heaton Moor offered to the market with an enviably much larger-than-average floorplan – the largest in the building – and a modern interior throughout that would undoubtedly appeal to any first-time buyer, professional or downsizer seeking a spacious property in an impeccably positioned block.
Thornbank Lodge is an appealing and well-maintained Victorian residence set back from the street on Heaton Moor Road complete with parking to the front and rear and communal gardens.
To the interior, there is a lift to all floors making the building particularly attractive to those seeking to downsize into turn-key condition properties within walking distance of the two local centres in Heaton Moor and ample transport links with a bus stop immediately outside the plot itself as well as Heaton Chapel Rail Station to the top of Heaton Moor Road.
Entering through the communal entrance to the side of the building with an intercom, the property itself is comprised of: Hallway with a useful utility cupboard, a bathroom comprised of a three-piece suite with shower over bath, a modern kitchen including attractive fitted units, cupboards and a range of integrated appliances, two double bedrooms with the principal room being particularly large and boasting its own en-suite shower room and integrated wardrobes.
The property is completed by the palatial open-plan living/dining room that will surely resonate with any buyer, particularly with the unrivalled and idyllic west-facing views over into Manchester.
The property also includes a state-of-the-art modern heating system with wi-fi controls. Externally, the development offers one allocated parking space to the rear as well as visitor parking.
Value & comps
No previous sales on record.
Returns
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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 19, Thornbank Lodge, Stockport
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