Modern Method of Auction
Auction date not yet published
2-bedroom terraced house · SK22 4DB
Sold STCListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
++ No Onward Chain ++ Allocated Off Road Parking ++ Desirable Village Centre Location ++ Excellent Commuter Links ++ On The Edge Of The Peak Forest National Park ++ This charming end stone terrace cottage is located in the heart of the village centre close to all public amenities and shops, as well as both New Mills Newtown and New Mills Central train stations, with links to Buxton, Manchester, Sheffield, and Stockport.
You are also close to the lovely walks of the Sett Valley Trail and The Millennium Walkway.
The property internally comprises; a spacious dining kitchen with stair access to the first floor and a cosy lounge. To the first floor two double bedrooms, one with loft access and a bathroom.
To the rear elevation is an enclosed low maintenance stone paved courtyard with outbuildings, the front garden benefits from an evergreen no mow lawn with views of New Mills Torrs.
Allocated parking space. The property is for sale by the Modern Method of Auction. Should you view, offer, or bid on the property, your information will be shared with the Auctioneer, iamsold.
This method of auction requires both parties to complete the transaction within 56 days of the draft contract for sale being received by the buyer’s solicitor.
This additional time allows buyers to proceed with mortgage finance (subject to lending criteria, affordability, and survey).
The buyer will also make payment of £349.00 including VAT towards the preparation cost of the pack, where it has been provided by iamsold.
Ground Floor Lounge (4.17m x 3.8m) Dining Kitchen (4.17m x 3.25m) First Floor Bedroom One (3.23m x 2.67m) Bedroom Two (4.17m x 3.9m) Bathroom Front Garden Overlooking New Mills Torrs Rear Garden Allocated Off Parking Second Floor Loft Space (4.47m x 4.04m) Loft conversion potential subject to building regs and planning permission.
Auctioneers Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties’ personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the (truncated) Referral The Partner Agent and Auctioneer may recommend the services of third parties to you.
Whilst these services are recommended as it is believed they will be of benefit; you are under no obligation to use any of these services, and you should always consider your options before services are accepted.
Where services are accepted the Auctioneer or Partner Agent may receive payment for the recommendation and you will be informed of any referral arrangement and payment prior to any services being taken by you.
Value & comps
No previous sales on record.
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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 starting price
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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 15, Kinder View, High Peak
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