2-bedroom flat · SK5 6XR
Sold STCListed 157 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
No chain involved! A most attractive and spacious two bedroom flat situated on the first floor and located on a very pleasant modern estate of varying house styles.
The accommodation is in need of some updating but all the ingredients are there for a purchaser to carry out improvements to their own taste and requirements.
The flat is self contained, having its own entrance door, which leads to a private hall with stairs up to a landing in turn leading to the lounge which opens into a dining area, a modern kitchen and then the inner hall (with access to loft storage) leads to the two bedrooms and the shower room.
The windows are upvc double glazed and gas central heating is installed and powered by a Worcester combination boiler.
In addition there is a small front garden area belonging to the flat as well as a parking space in the parking area to the rear of the flat.
West Meadow is just a 0.9 mile walk from Reddish North train station which operates into Manchester Piccadilly and Reddish Vale Country Park is also just a few minutes stroll away.
The flat is leasehold for the remainder of a 125 year term from 1977 with a ground rent of £10.00 per annum. Council tax band A.
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
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FAQ
About West Meadow, Reddish SK5 6XR
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