2-bedroom flat · M5 4DF
For saleListed 128 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning Two Bedroom, Two Bathroom Apartment | Middlewood Locks Located within the highly sought-after Railings development at Middlewood Locks, this beautifully presented two-bedroom, two-bathroom apartment offers contemporary waterside living just moments from Manchester city centre.
Finished to an exceptional standard throughout, the property boasts a bright and spacious open-plan living and kitchen area, designed with modern living in mind.
The stylish kitchen features a range of integrated appliances, sleek cabinetry and ample workspace, seamlessly flowing into the generous lounge and dining area, which benefits from large windows allowing plenty of natural light.
The apartment comprises two well-proportioned double bedrooms, with the principal bedroom enjoying the luxury of a contemporary en-suite shower room.
A further modern three-piece bathroom serves the second bedroom and guests alike, both finished with high-quality fittings and elegant design.
Residents of Railings benefit from beautifully maintained communal areas and an enviable location within Middlewood Locks, one of Manchester’s most exciting regeneration areas.
Situated alongside the canal and within easy walking distance of Spinningfields, Deansgate and excellent transport links, this superb apartment is perfectly suited to owner-occupiers and investors alike.
Early viewing is highly recommended to appreciate the accommodation, specification and outstanding location on offer.
Leaseholder Information Tenure: Leasehold Service Charge: £2474.53 Ground Rent: Peppercorn Lease: 999 Years from 1t January 2024 Council Tax Band: C - Salford City Council Management Company: Redpath Bruce Broadband : FTTP Connection available, line active Water : Connect to mains water and drainage, supplied by matrix on a meter Electricity : Connected to main electric, supplied by edf Energy
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 508 Block B Railings, 6 Shale Lane, Salford
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