2-bedroom flat · M5 4UU
For saleReduced £10k (−8.3%) on 13 AugListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
B2 rated- building safety fund confirmed This two-bedroom apartment with allocated parking is situated on the second floor of the sought-after Steele House development in Salford.
Offering contemporary living spaces and convenient access to local amenities, this property is an excellent choice for first-time buyers and investors.
Steele House is ideally situated in the heart of Salford, offering easy access to Manchester city centre and its vibrant cultural scene.
The property benefits from nearby transport options, including access to Cornbrook Metrolink, making commuting a breeze.
Residents can also enjoy the convenience of local shops, restaurants, and recreational facilities within close proximity.
EPC Rating B (81) Lease Expires 01/01/2129 Service Charge £1,750 per annum Ground Rent £220 per annum Council Tax Band B **Please note that any services, heating system or appliances have not been tested, and no warranty can be given or implied as to their working order.
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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 Apartment 55, Steele House,, Woden Street, Greater Manchester
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