2-bedroom semi-detached house · M3 6BE
Listing removedListed 269 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Goodwin Fish is delighted to offer an opportunity for a first time buyer or buy to let investor to purchase a semi detached house in quiet cul-de-sac location minutes from Manchester city centre.
Located on the periphery of Trinity Way, the area is home to artisan coffee and cake shops including Procaffeinated and Kith + Kin, restaurants including Porta Tapas Bar, The Black Friar and Vero Moderno, and creative co-working space at Islington Mill.
The property is within walking to Spinningfields, Peel Park, University of Salford campus and Salford Central and Salford Crescent train stations.
In need of modernisation, the property briefly comprises: porch; lounge; kitchen; two double bedrooms; bathroom.
This ideal `fixerr upper` further benefits from GFCH, uPVC windows, driveway parking and a quaint rear garden, Tenure: Leasehold Annual ground rent: Peppercorn 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.
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 Picton Close, Salford
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