2-bedroom flat · HX6 4BU
Listing removedListed 84 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A second floor spacious penthouse apartment located in this popular village centre development.
INTERIOR NOTES The accommodation comprises an open plan living space with fitted kitchen equipped with a washer / dryer, fridge / freezer and electric oven with four-ring gas hob above.
There are two double bedrooms, one with fitted wardrobes, complemented by a large three-piece bathroom. EXTERNAL There is allocated parking for one car, along with additional visitor parking.
LOCATION Silk Mill Chase is within walking distance of all the village amenities in Ripponden, including a primary school, health centre, dental surgery, library and a selection of shops and restaurants.
There is a regular bus service and the M62 (J22 & J24) is within 15 minutes drive allowing speedy access to the motorway network. SERVICES Gas central heating with hot water radiators.
All mains services. DIRECTIONS From Ripponden proceed along Oldham Road. On approaching The Silk Mill pub on the left hand side, turn right into Silk Mill Chase.
Follow the road around the corner and No.38 is is in the far right hand corner block.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 38 Silk Mill Chase, Ripponden HX6 4BU
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