2-bedroom flat · BL7 9YU
Sold STCListed 388 days
Opportunity summary
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About
Kate Roe introduces this two bed ground floor luxury apartment, the epitome of modern living and situated on the award winning Deakins Park development within 32 acres of beautiful mature woodland.
The development forms part of the highly regarded village community of Egerton and is well located for access to Bolton, Blackburn and Manchester.
The spacious accommodation is located on the ground floor within this contemporary building.
One of the key features for this apartment that will set it apart from others is that the current owner is in the process of changing the leasehold to a peppercorn rent, which will then change the lease to a £0 a year lease.
There is also approximately 3 years remaining on the NHBC & a valid ESW1 form. The apartment block has a communal entrance hall with lift to all floors and private letterboxes for each apartment.
The open plan lounge/dining room is fitted with a modern fitted kitchen and has a range of integrated appliances, such as a fridge/freezer, wine cooler, oven, dishwasher.
The kitchen is served with a separate utility/storage cupboard to house a washing machine/dryer and further storage.
Both bedrooms are almost identical in size with the master benefitting from an en-suite shower room and a separate bathroom off the hallway.
From the living area via sliding doors is a private outdoor space with a decked area, opening onto a lawned area and hedged off for privacy, which gets the sun throughout the day and is a real sun trap.
Furthermore, the property is located by local woodlands with a brook running through, adding to the serene atmosphere.
Residents of this development benefit from a communal decked area overlooking the brook, perfect for social gatherings or simply enjoying the picturesque surroundings.
With no chain, this property is ready for you to move in and make it your own.
In terms of location, this flat offers the best of both worlds - a peaceful retreat while being conveniently close to amenities.
The property is situated near first class amenities including excellent schooling at both primary and secondary level, as well as local shops, reputable pubs, restaurants, churches, 2 sailing clubs and just a short distance from Bromley Cross Train station.
The area is in easy access to the M65, M61 and M60 motorways. It is also surrounded by great tracked cycle routes.
The nearby West Pennine Moors give you your countryside fix and are ideal for long relaxing walks.
EPC Rating: B Living room/kitchen/diner 3.33m x 5.46m Kitchen 3.33m x 2.41m Integrated fridge/freezer, wine cooler, integrated oven & dishwasher.
Utility room Plumbed for the washing machine & dryer.
Bedroom one 2.77m x 4.93m En-suite 1.5m x 2.41m Bedroom two 2.74m x 4.93m Bathroom 2.41m x 1.55m Garden To the front of the living room is a private decked area which opens onto a communal garden area shared with the apartment next door.
It runs under the above apartment, therefore can be used all year round as it is shielded from the weather. Parking - Allocated 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
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FAQ
About Deakins Mill Way, Egerton, BL7
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