2-bedroom flat · WA14 2LL
Sold STCListed 382 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hollywood is one of Hale & Bowdon’s most sought after apartment developments. Constructed in the mid 1980’s by the well reputed local builder and developer Peter Molloy Homes.
Hollywood, a low rise development on the edge of Hale village of just 12 large luxury apartments in three separate buildings, was an immediate hit.
They sold out quickly off plan and ever since, whenever an apartment has become available, they have sold quickly.
Location, as much as quality of build and the high standard to which the development has been maintained, is a key factor with Hollywood.
It’s one of only a handful of low rise purpose built apartment developments in the area that can lay claim to being within an easy walk of both Hale Village and Altrincham Town centre, exactly on the border between Hale and Bowdon, across the road from Springbank Park, accessed directly off and at the Hale end of Stamford Road.
While Hollywood is not a retirement development, anyone of any age can purchase one, the apartments within Hollywood have always appealed to the more mature buyer, downsizing from a larger family home, attracted by the generously proportioned rooms, the high ceilings and the feeling of independence driven by the fact that many have their own front door and those that share communal hallways and landings have only two or three in each building.
For anyone spending time out of the country, they are an excellent lock up and leave.
The grounds and the common parts, as well as the buildings, are meticulously maintained, paid for by the residents' service charge and managed by a managing agent appointed by the residents, enabling owners to enjoy hassle free living without the need to worry about arranging building or garden maintenance.
On entering the building facing you as you drive into the development, within which there are just 3 apartments, the penthouse and the ground floor residents can take the wide tread staircase up just one level, or the lift where the entrance door to apartment 12 will be found.
A welcoming central hallway runs through from the front door, all the way to the balcony with glazed window at the opposite end of the apartment.
The floor plan better illustrates the layout, however it’s worth noting that what could have been a 3rd bedroom is an open plan area opposite the kitchen door and adjacent to the principal reception room.
This could be used as a second sitting room/day room, a study area or as a dining hall.
Most luxury apartment buyers have three or four things on their wish list: dedicated outside space for the exclusive use of the resident, easy parking and garaging, generous sized rooms, and noise insulation from neighbours.
This apartment ticks all those boxes.
It’s worth noting that Hollywood was purpose built, so it has concrete floors and ceilings and Apt 12 has three outside walls, so while you may see your neighbours from time to time, we don’t expect you’ll hear them.
Contact us at any time to arrange your appointment to view or if we can answer any questions you may have before deciding to view. This is one not to be missed.
Service Charge £350 pcm which covers all building maintenance including the internal common parts, heating & lighting of the common parts, building insurance and garden/grounds maintenance.
Tenure = Long Lead Residue of 999 years. Council Tax = Band G. EPC Rating = D.
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 Hollywood, Bowdon, Altrincham, Greater Manchester, WA14
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