1-bedroom house · M41 9RD
Listing removedListed 480 days
Opportunity summary
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About
*A one bedroom first floor flat* A scheme specifically for persons aged 60 or above. Gas central heating system/double glazing. Bathroom/WC. A popular and sought after location.
Communal grounds with parking areas. Own ground floor entrance door. Conveniently situated for access to local facilities. Shared ownership arrangement (60%) No ongoing vendor chain.
Must be viewed to be appreciated. Virtual tour available. Ground Floor Entrance With a radiator and stairs leading off to the first floor rooms.
Landing With two substantial storage areas off, one housing the 'Worcester' combination gas central heating boiler. Loft access point for storage.
Lounge With a radiator and a double glazed window overlooking the gardens.
Open to: Kitchen With a single drainer stainless steel sink unit and a range of base and wall cupboard units and working surfaces with an electric point for a cooker and plumbing provided for an automatic washing machine.
Space for appliances. Double glazed window, tiled areas and a radiator. Bathroom/Wc With a three-piece white suite comprising panelled bath, wash hand basin with storage below and a low-level WC.
A shower is installed over the bath and an anti-splash screen is fitted. Attractive tiled decor, double glazed window and a feature radiator. Extractor fan and spotlighting.
Outside The development stands within well tended communal grounds with parking areas for residents and visitors. Additional Information A service charge is payable of £65.43 per calendar month.
There is also a payment of £44.81 per calendar month in respect of the rent payable on the non-owned portion of the property.
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
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.
Area
Agent & docs
FAQ
About 8, Orme Close, Urmston
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