2-bedroom flat · M18 7LL
Sold STCListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sleigh and Son Property Sales are delighted to offer to the Open Market this spacious second floor two bedroomed apartment situated within a well established residential area of Gorton and offered with No Vendor Chain.
The property is ideally close to local shops, bus routes into central Manchester and surrounding areas, and core transport links.
Debdale Country Park, which is a popular attraction for many, is literally a short walk across the road. Early viewings are strongly advised to fully appreciate the overall space and layout on offer.
Ideal purchase - First Time Buyer.
In brief the property comprises of: Entrance hallway with storage area, modern three piece bathroom, two front aspect bedrooms and a spacious open plan lounge/fitted kitchen area.
A south facing covered balcony leads directly from the lounge. The exterior offers a secure enclosed parking with key fob operated electric gates. Council Tax B. Leasehold 999 years from 1.1.2003.
Management Fees: £85 monthly Non profit making management company with a 12-person shareholding for right to manage.
IN BRIEF THE PROPERTY COMPRISES OF: 2ND FLOOR ENTRANCE Door to L shaped entrance hallway. Double doors to inset storage area (also housing water tank).
Further separate doors providing access to two bedrooms, bathroom, lounge and kitchen. Two ceiling light points, power points, wall mounted electric heater and fitted smoke alarm.
BEDROOM ONE uPVC double glazed window to front aspect. Ceiling light point, power points, wall mounted electric heater. Access to loft hatch incorporating air filtration system.
BEDROOM TWO uPVC double glazed window to front aspect. Ceiling light point, power points, wall mounted electric heater.
BATHROOM Part tiled bathroom comprising of bath with side panel and wall mounted shower to bath, sink wash basin on base vanity unit and low level wc with inset flush system.
Inset spot lights to ceiling. OPEN PLAN LOUNGE/KITCHEN Lounge area with full length uPVC double glazed windows to rear aspect and uPVC double glazed patio door leading to a covered balcony.
Walk through to kitchen. Two ceiling light points, power points, TV point. Wall mounted electric heater, wall mounted intercom telephone system.
Kitchen area fitted with a range of wall and base units and drawers with work surface and stainless steel sink and drainer unit with central mixer tap.
Integrated oven with four ring electric hob and overhead pull out extractor fan. Space and plumbing for washer, space for fridge/freezer. Part tiled walls and uPVC double glazed window to rear aspect.
Ceiling light point, inset spot lights to ceiling, power points, smoke alarm. BALCONY South facing covered balcony with tiled floor and lighting. Secure wrought iron rail enclosure.
EXTERIOR Private enclosed residents car park with key fob operated electric gates.
MANAGEMENT SERVICES Monthly management fee includes full buildings insurance, cleaning and maintenance of internal communal areas, window cleaning, bin collection and maintenance of car park.
This is a non profit making management company with a 12-person shareholding for right to manage.
Value & comps
No previous sales on record.
Returns
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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 Hyde Road, Manchester, Greater Manchester, M18
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