1-bedroom flat · M4 7BT
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
9th Floor 1-Bed 1-Bath Apartment in the Victoria House development.
Experience the pinnacle of urban living at the development, strategically located in the heart of the thriving HS2 regeneration zone. EWS1 A1 Rated. Mortgage Buyers Welcome.
Available to both Investors and Owner-Occupants. Currently 6.45% Rental Yield @ £1300 pcm. Projected 6.69% Rental Yield @ £1350 pcm. Tenanted until Aug 2027.
Lease Info: 250 Years from 2024 Completion Service Charge: £1868 pa (Approx) Building insurance: £201 pa (Approx) Ground Rent: Peppercorn Council Tax Band - B EPC Rating - B This prime location offers unparalleled connectivity, being just a 5-minute walk from Piccadilly Station.
Moreover, the development is a stone’s throw away from the prestigious University of Manchester, which is only a 10-minute walk away.
Broadband Coverage: Ofcom Checker Mobile Signal Coverage: Ofcom Checker
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 250 Great Ancoats Street, Manchester
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