We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · M15 4QG
Sold STCListed 130 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Goodwin Fish is delighted to offer for sale a well positioned canal facing apartment at one of Castlefield`s most reputable developments, Castlegate.
Located on the banks of the Bridgewater canal, the development is within walking distance to Deansgate Square, restaurants and gastro pubs including The Wharf, Dukes 92 and Alberts, the Y Club gym at Castlefield Bowl, an independent cinema, theatre and art gallery at HOME, and supermarkets such as Sainsbury`s and Tesco.
The property is also ideal for access to Cornbrook Metrolink or Deansgate train station. Offering an estimated 731 sqft.
the property briefly comprises; entrance/hallway; open plan lounge/diner with access to full length canal facing paved balcony; kitchen with integrated appliances and breakfast bar; primary bedroom with fitted wardrobes and en suite facilities; second double bedroom/work-from-home space; primary bathroom The property benefits from a secure allocated car parking space and is offered chain free with vacant possession.
The development benefits from a concierge service, and offers an EWS1 form with B1 rating which might be required by lenders issuing a mortgage.
Tenure: Leasehold Annual service charge: £3,738.34 Annual ground rent: £300.00 Length of lease: 125 years from 2003 Management company: Rendall & Rittner Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Anti-Money Laundering (AML) Checks - As part of making an offer, we`re required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers.
To cover the cost of this process, a non-refundable fee of £60 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and ensures your offer can be progressed as quickly and smoothly as possible.
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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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 advisers 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 Castlegate, 2 Chester Road, Castlefield
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