2-bedroom flat · M15 6JD
For saleReduced £5k (−2.9%) on 21 JunListed 181 days
Opportunity summary
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About
*two bedroom apartment/ 3 small balconies/ top floor/ option of tenant in situ* A beautifully presented top floor apartment located within the ever-popular Old Bank development in M15, offering a unique blend of character and modern city living.
This well-proportioned two-bedroom, one-bathroom apartment benefits from elevated views and an abundance of natural light throughout, enhanced by the rare addition of three private balconies.
The property briefly comprises a spacious open-plan living and kitchen area, ideal for both relaxing and entertaining, with direct access to two of the balconies.
The kitchen is fitted with modern units and integrated appliances, creating a practical yet stylish space.
There are two well-sized bedrooms, both offering flexibility for professionals, sharers or those working from home. The bathroom is finished to a clean, contemporary standard.
Positioned on the top floor, the apartment enjoys a peaceful setting away from street level, while still being within easy reach of Manchester City Centre, Hulme, and excellent transport links.
Please note, the property does not include parking.
Ct - C EPC - B Years left: 101 years Lease commencement date: 1st September 2001 Service charge: £282.31 Frequency: Monthly Review date: 1st September 2026 Building insurance cost included in service charge Ground Rent: £218 annually.
Frequency of payment twice yearly - 2 payments of £109. Parking ( no parking included)
Value & comps
No previous sales on record.
Returns
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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 Flat 20, The Old Bank,, Manchester
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