2-bedroom terraced house · SK22 4NU
Sold STCListed 336 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**NO ONWARD CHAIN** DEVELOPMENT OPPORTUNITY**SHOP FLOORSPACE WITH ADDITIONAL LIVING SPACE ABOVE** Located in the heart of New Mills , this versatile commercial property offers an exciting opportunity for investors, developers, or business owners looking to create something special in a thriving town centre location.
Currently occupied by a successful hairdressing salon with versatile space above the shop floor, the building is now ready for a new chapter and would benefit from refurbishment or redevelopment to unlock its full potential.
T he sale relates to the property only — the existing business is not included - the property will be sold vacant.
The premises feature a traditional shopfront with excellent street visibility on Church Road , an area well-known for its mix of independent retailers, cafés, and local services.
The interior provides an open-plan ground floor layout with ancillary space to the rear, plus further potential to reconfigure or extend (subject to necessary consents).
Outside, the property benefits from a private garden with a lawn area, storage shed and a small patio.
This is a rare opportunity to acquire a well-located property with huge potential for modernisation or redevelopment.
Whether you’re looking to establish a new business, renovate for investment, or explore residential conversion options, this property offers flexibility, visibility, and plenty of scope to add value.
Book your viewing now to avoid disappointment.
EPC rating pending Currently registered as Mixed use Salon Front Room 3.56m x 4.2m Hallway 1.59m x 4.42m Salon Room 2 3.56m x 4.1m Kitchen 2.03m x 2.91m Landing 1.6m x 4.46m Bedroom 3.59m x 4.5m Bedroom 3.39m x 4.22m Bathroom 2.02m x 2.93m
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 Church Road, New Mills, SK22
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