1-bedroom flat · SK6 3BF
Sold STCListed 346 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An extremely well presented retirement apartment located in this popular complex close to Romiley Village.
The apartment can be found on the GROUND FLOOR, with its own access door and patio area, with a sunny aspect and views to the front of the property.
Featuring: Communal entrance, private hallway, lounge with feature fireplace and picture window, modern fitted kitchen with oven, hob and extractor, a double bedroom with built in mirrored wardrobes and modern bathroom.
There are a wealth of communal facilities including house manager, communal lounge, laundry room, well tended gardens, residents car park, emergency pull cords and security intercom.
Offered with no onward chain this apartment is 'ready to walk into' and must be viewed to be appreciated. Energy Rating: C. Council Tax Band: B.
Leasehold with 104 years remaining and £385.00 PA Ground Rent. COMMUNAL ENTRANCE Access to communal areas, stairs and lift to upper floors.
PRIVATE ENTRANCE HALL Entrance door, coving to ceiling, doors to lounge, bedroom and bathroom. Cloaks/storage cupboard.
LOUNGE 17' 9'' x 11' 2'' widest point (5.41m x 3.4m) FITTED KITCHEN 9' 0'' x 5' 9'' (2.74m x 1.75m) MODERN BATHROOM 6' 10'' x 5' 6'' (2.08m x 1.68m) BEDROOM ONE 15' 7'' x 10' 8'' (4.75m x 3.25m) OUTSIDE There are well tended communal gardens with seating areas and patio areas.
To the front of the building is a residents parking area.
SERVICE CHARGE There is a service charge payable of £2112.52 per annum which covers items such as the resident house manager, emergency pullcord system, communal lounge, laundry room, gardening and buildings insurance.
There is also £385.00 ground rent payable per annum. 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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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 Metcalfe Court, Romiley
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