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See how verdicts work1-bedroom house · SK6 3BF
Sold STCListed 401 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This attractively located, first floor retirement apartment with windows looking over the communal gardens.
Located in this popular complex close to Romiley Village with its independent shops and railway station, the apartment features: Communal entrance, private hallway, living room with fitted kitchen, a double bedroom with built in wardrobes and a modern bathroom.
Communal facilities include: House manager, communal lounge, laundry room, guest room, well tended communal gardens with seating areas, security intercom, emergency pull cords and residents car park.
Offered with no onward chain. Tenure: Leasehold. Council Tax Band: B. EPC rating B.
HALL 7' 4'' x 6' 9'' (2.23m x 2.06m) LIVING ROOM 23' 5'' x 10' 8'' (7.13m x 3.25m) KITCHEN 7' 8'' x 7' 2'' (2.34m x 2.18m) BEDROOM ONE 14' 4'' x 8' 11'' (4.37m x 2.72m) SHOWER ROOM 6' 10'' x 5' 7'' (2.08m x 1.70m) SERVICE CHARGES There is an annual service charge of £2112.50 paid twice yearly (£1056.25) in advance 1st March and 1st September and an annual Ground Rent of £385.00 Paid twice yearly (£192.50).
The service charge covers items such as buildings insurance, maintenance of the communal facilities, house manager, gardening, window cleaning and water costs.
The tenure is Leasehold with a 125 year lease commencing 1/9/03.
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
Agent & docs
FAQ
About Metcalfe Court. Metcalfe Drive, Romiley
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