2-bedroom flat · SK8 3PT
Sold STCListed 135 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Apartment 49 at Smithy Croft is a stylish two-bedroom, second floor apartment with a double bedroom, additional single bedroom, spacious lounge, modern fitted kitchen, and an easy access wet room.
Eligibility: Over 55s Only.
Pricing: £119,500 for 50% shared ownership Weekly Service Charge: £196.09 Smithy Croft is a popular development of 55 modern and contemporary one and two bedroom apartments for people aged 55 and over.
The development enables you to continue to live independently and securely in a warm and friendly village style community.
Our apartments are designed with you in mind and finished to an excellent standard. Each apartment benefits from a fully fitted kitchen, a spacious lounge and a safe, easy-access wet room with shower.
The facilities available to residents at Smithy Croft include: • On-site bistro • Hairdressers and beauty salon • Activity rooms • Communal lounge • Pamper bathroom • Residents launderette • Guest suite for relatives and friends • Parking for residents with cars • Communal landscaped gardens • Outdoor terraced seating area At Smithy Croft you can enjoy the independent lifestyle you deserve.
You can be as active or relaxed as you wish, with all the facilities provided for your convenience and enjoyment and all on your doorstep.
There are lots of opportunities to develop new friendships and enjoy a wide range of activities.
Why not take a break from cooking and enjoy a meal in the bistro, or visit the spacious communal lounge to meet and socialise with your neighbours and friends?
You can also treat yourself to some pampering in the hair and beauty salon or get involved with one of the many organised social activities on offer, or simply enjoy a stroll through the landscaped gardens.
Other general apartment information: • Telephone points in the living room and main bedroom • Fire and smoke alarm • Phone entry system • Emergency call system Smithy Croft is close to the local motorway network and only a short drive from Manchester Airport.
Heald Green shopping centre serves the needs of the local community as well as the those who regularly commute.
There are over 40 businesses near to the development who serve the local community with a variety of day to day retail and service facilities.
The long established thriving community spirit, tree lined shopping area, library and health centre provide a pleasant experience in a vibrant, affluent area.
Heald Green has a local train station which provides regular routes into Manchester city centre. Local bus routes provide easy access to Stockport, Wilmslow, Manchester and Wythenshawe among others.
**Disclaimer: Please note that all internal images are for illustrative purposes only.**
Value & comps
No previous sales on record.
Returns
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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 49 Smithy Croft, Finney Lane, Heald Green, Cheadle
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