4-bedroom house · M20 5WB
Listing removedReduced £25k (−3.4%) on 21 JunListed 264 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented and significantly extended four-bedroom, two-bathroom family home, completely redeveloped in 2022, and situated on a highly sought-after residential street.
The property is ideally located close to local amenities, well-regarded schools, and excellent transport links.
The well-planned accommodation briefly comprises: A welcoming entrance hallway with stairs to the first floor and a convenient downstairs WC.
To the front is a spacious lounge featuring a character bay window, while to the rear is an excellent 16ft lounge/diner with a further bay window overlooking the garden.
The real centrepiece of the home is the impressive open-plan kitchen/diner, measuring over 23ft by 15ft.
This superb space features a large central island, ample room for dining and additional seating, dual-aspect windows, and sliding patio doors opening onto a covered seating area within the rear garden.
A useful storage cupboard houses the gas combination boiler. To the first floor, the landing benefits from a charming original porthole window to the front.
There are four well-proportioned bedrooms and a modern family bathroom fitted with a four-piece white suite including an over-bath shower.
The principal bedroom is a generous double, positioned to the rear and benefitting from an en-suite shower room.
Externally, the property offers a block-paved driveway providing off-road parking for two vehicles.
The sunny rear garden is mainly laid to lawn with a patio seating area, including a covered section directly outside the kitchen patio doors.
There is also space for a timber shed and convenient side access. Viewing is highly recommended-please call to arrange an appointment.
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 3, Parrs Wood Avenue, Manchester
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