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See how verdicts work2-bedroom flat · M4 6LU
For saleListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully presented two bedroom apartment on the 6th floor of Manchester Life's One Vesta Street development, a collection of tranquil homes designed by world-renowned architect Rafael Vinoly Architects.
One Vesta Street is set in the heart of New Islington and Ancoats with so many independent bakeries, cafes and restaurants on its doorstep, as well as New Islington tram stop only a stones throw away connecting the development to the City Centre and Greater Manchester.
The apartment is spacious throughout with an open-plan kitchen/living area, perfect for entertaining, alongside two double bedrooms and two bathrooms.
The property is being offered on a chain free basis.
The Tour One Vesta Street is a waterside development comprising of 169 apartments and 3 townhouses, set within a secure gated development and surrounded by the Ashton Canal and New Islington Marina.
Designed by world renowned architect, Rafael Vinoly, the development features; 24 hr concierge, residents club room and outside amenity space, one of the most desirable areas of Manchester City Centre.
Living/kitchen area: Spacious Kitchen/Living area with 18mm oak engineered wood flooring, fully fitted Omega kitchen with a spacious breakfast bar, integrated Neff oven & hob, cda fridge and dishwasher.
Wall mounted electric heaters, LED down lights and a picture window flooding the room with natural light and views over looking Ashton Canal.
Utility cupboard features a freestanding freezer, washer dryer and the water cylinder. Bedroom 1: Fully carpeted double bedroom with walk-through wardrobes and an en-suite bathroom.
With LED downlights, TV and satellite point. Bedroom 2: Fully carpeted double bedroom with LED downlights with access to the family bathroom.
En suite: Fully tiled flooring, 3 piece suite with Villeroy & Boch sanitaryware, thermostatic walk in shower, large mirror and vanity shelf, heated chrome towel rail and down lights.
Bathroom: Fully tiled flooring, 3 piece suite with Villeroy & Boch sanitaryware, thermostatic shower over bath, large mirror and vanity shelf, heated chrome towel rail and down lights.
The Area New Islington is one of Manchester's most exciting and vibrant neighbourhoods and has undergone a 20-year regeneration transforming the area into one of the UK's Best Places to Live in the UK according to the Sunday Times.
New Islington is rich in green, open spaces so you can enjoy being outdoors, without compromising on the delights of the city – which is just a few minutes walk away.
There are many bars and restaurants on your doorstep such as Cask, Pollen Bakery, Flawd Wine Bar and many more with Cutting Room Square only a short walk away.
Lease Information Lease - 250 years from January 2020. Ground rent - Peppercorn Service Charge - £2624.16 per annum
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.
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FAQ
About 126, One Vesta Street, Manchester
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