2-bedroom flat · M4 7BG
For saleReduced £24.9k (−9.2%) on 21 JunListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 bed, 2 bath with parking. Nestled in the vibrant area of Ancoats, Manchester, this splendid eighth-floor apartment at Milliners Wharf offers a perfect blend of modern living and convenience.
Spanning an impressive 721 square feet, the property features two well-proportioned bedrooms, making it ideal for professionals or small families seeking a stylish urban retreat.
The apartment boasts a spacious reception room that invites natural light, creating a warm and welcoming atmosphere.
The well-appointed kitchen is complemented by two bathrooms, including a family bathroom with a shower over the bath and an en suite shower room, ensuring comfort and privacy for all residents.
Residents will appreciate the added benefits of a 24-hour concierge service, providing peace of mind and assistance whenever needed.
The property also includes parking for one vehicle, a valuable asset in this bustling city.
For those who enjoy the outdoors, the communal gardens offer a serene escape from the urban hustle, perfect for relaxation or social gatherings.
Currently let for £1,350 per calendar month until July 26,2026, this apartment presents an excellent investment opportunity in a sought-after location.
Ancoats and New Islington are known for their trendy cafes, restaurants, and cultural attractions, making this property not just a home, but a lifestyle choice.
With its modern amenities and prime location, this apartment is a must-see for anyone looking to embrace city living in Manchester. EWS1 Form in place.
Additional information: Service charge: £2,316p.a. Ground rent: £509.39p.a. Buildings insurance: £635.74p.a. Years remaining on Head Lease: 136 years (to 31st Dec 2162)
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 261 Milliners Wharf, 2 Munday Street, Manchester
Explore nearby