2-bedroom flat · M5 4UG
To rentReduced £30 (−2.9%) on 2 OctListed 75 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Aubrey Lee Homes are pleased to present this unfurnished 2 bedroom apartment.
Located on the outskirts of Salford Quays and Media City, this apartment is situated in a sought after and very popular location of Manchester.
The property comprises of an entrance hall, living room with kitchen/diner, fridge/freezer, oven and hob. There is also a fully fitted tiled bathroom, with overhead shower, two good sized bedrooms.
Small gymnasium located within the block and allocated car parking. Newly decorated. Viewings highly recommend.
Available from mid September Council Tax Band A - Salford City Council Notice All photographs are provided for guidance only.
Redress scheme provided by: The Property Ombudsman (D7641) Client Money Protection provided by: Cmp (CMP003595)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 48, Melmerby Court, Salford
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