1-bedroom flat · SK6 3BF
Sold STCListed 115 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An well presented retirement apartment situated within this highly sought-after development, conveniently close to Romiley Village.
Located on the second floor, close to the lift, the apartment enjoys a sunny aspect with pleasant views to the front.
Comprising: communal entrance, private hallway, lounge with feature fireplace and picture window, modern fitted kitchen with oven, hob and extractor, double bedroom with built-in mirrored wardrobes, and a modern shower room.
Residents benefit from an excellent range of communal facilities including a house manager, residents' lounge, laundry room, well-maintained gardens, residents' parking, emergency pull cords and security intercom.
Offered with no onward chain, this superb apartment is ready to move straight into and viewing is highly recommended. Tenure: Leasehold. Council Tax Band: B. EPC rating: B.
ENTRANCE HALL LOUNGE/DINING ROOM 23' 4'' x 10' 9'' max (7.11m x 3.27m) KITCHEN 8' 0'' x 7' 7'' (2.44m x 2.31m) BEDROOM 14' 5'' x 8' 11'' max (4.39m x 2.72m) SHOWER ROOM 6' 10'' x 5' 6'' (2.08m x 1.68m) SERVICE CHARGE AND TENURE There is an annual service charge of £2283.78 (2025/26) paid twice yearly (£1141.89) 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
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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.
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FAQ
About Metcalfe Court, Romiley
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