2-bedroom flat · M3 6AF
For saleListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two double bedroom apartment in the popular Fresh development on Chapel Street, a short walk from Spinningfields and Deansgate.
Located on the 3rd floor the accommodation is spacious throughout and is ideal for an owner-occupier or investor. No forward chain. EWS1 form - A1 Rating. EPC Rating B.
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
MCC250832/8 3rd Floor Entrance Hall Front entrance door with spyhole. Cupboard housing the hot water cylinder. Electric heater. Intercom entry phone. Wood effect floor. Spotlights to ceiling.
Open Plan Living / Kitchen 6.10 x 5.20 (maximum) Kitchen Area Fitted with a range of wall and base units with matching work surfaces over incorporating a stainless steel one and a half bowl sink and drainer unit with mixer tap.
Oven and four ring hob with extractor over. Integrated fridge freezer. Wood effect floor. Tiled splash backs. Spotlights to ceiling. Living Area Two double glazed windows to the front elevation.
Two electric heaters. Wood effect floor. Bedroom 1 3.15 x 2.68 - Double glazed window to the side elevation. Electric heater.
En Suite Shower Room Fitted with a white two piece suite comprising; wash hand basin with mixer tap and WC with concealed cistern. Shower cubicle. Chrome heated towel rail. Tiled walls. Mirror.
Spotlights to ceiling. Bedroom 2 4.38 x 2.41 - Double glazed window to the front elevation. Electric heater.
Bathroom 2.38 x 1.93 - Fitted with a white three piece suite comprising; wash hand basin with mixer tap, bath with mixer tap and WC with concealed cistern. Chrome heated towel rail. Tiled walls.
Spotlights to ceiling. Lease Details / Council Tax Lease term: 999 years from 28th September 2007.
According to the lease the ground rent is £250 per annum for the first 21 years and then £350 per annum for the next 21 years. The ground rent then increases £50 pa every 21 years thereafter.
The property is being sold by a corporate client and the service charge is currently unknown. Council Tax band D (Salford City Council).
Agent's Note The property is being sold by a corporate client and as such no appliances have been tested.
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 Apartment 307, Fresh, 138, Chapel Street, Greater Manchester
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