1-bedroom flat · SK5 6AR
Sold STCListed 292 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Victoria Mill! A spacious DUPLEX APARTMENT on the GROUND FLOOR of a popular GRADE II LISTED former cotton mill, with ONE MEZZANINE BEDROOM.
Available with SECURE ALLOCATED PARKING and offered with NO VENDOR CHAIN.
The property spans 671 sq/ft across two floors and comprises: communal entrance with concierge service for residents, hallway with utility store and WC off, lounge with large windows and double height ceilings, open plan to kitchen fitted with a range of wall and base units incorporating part-integrated appliances, mezzanine bedroom overlooking the living space and a tiled shower room with storage cupboard off.
The property is set within well maintained grounds and provides secure allocated parking. Residents also have access to an on-site gymnasium. EPC RATING C (78). QUOTE MC0536.
Victoria Mill is a popular residential development in Reddish, close to a host of amenities, with Morrisons supermarket and Reddish Vale country park just a short walk away.
For travel further afield, the property is served by Reddish North train station and regular bus routes to both Manchester City centre and Stockport Town centre.
Important Information: Tenure: Leasehold Service Charge: £1580 per year Ground Rent: Apartment: TBC Lease: 150 years from 1 January 2004 Building Manager: Living City Council Tax Band: B
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
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FAQ
About Victoria Mill, Houldsworth Street, Reddish, Stockport, SK5
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