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See how verdicts work1-bedroom flat · M3 5NE
For saleReduced £20k (−10%) on 1 OctListed 202 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** secure allocated parking space included ** EWS1 form in place.
Mortgage buyers welcome ** Located on the seventh floor of a highly desirable waterside development close to Deansgate, this stylish one bedroom apartment is the epitome of city centre dwelling.
It boasts floor to ceiling windows and a well maintained open plan interior which flows seamlessly out to a large private balcony.
The Edge is conveniently located next to Manchester's central retail district with a wide selection of shops, restaurants and bars on the doorstep.
It's also a short walk from Parsonage Gardens, Victoria train station and Spinningfields business district with its own cluster of popular venues.
The building offers a 24 hour concierge service and a secure underground parking space is included with the property. No onward chain. EPC Rating B.
Lease: 250 years from 2001 Annual Ground Rent: £250 Annual Service Charge: £3,100.96
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
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FAQ
About 159 The Edge, Clowes Street, Salford
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