We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · M41 0US
For saleListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Crofts Bank, Urmston - Shared Ownership Be among the first to secure a home at Crofts Bank, a brand-new development offering contemporary apartments in a highly sought-after Urmston location.
Available through Shared Ownership, this is an excellent opportunity to take your first step onto the property ladder or find a stylish, low-maintenance new home.
Situated on the ground floor, this two-bedroom apartment provides approximately 656.59 sq ft (61 sq m) of thoughtfully designed living space.
The heart of the home is the spacious open-plan kitchen, dining and living area, creating a versatile setting for relaxing, working from home or spending time with family and friends.
The modern kitchen features integrated appliances and quality finishes, complemented by two well-proportioned bedrooms and a contemporary bathroom.
Residents will benefit from allocated parking, EV charging, energy-efficient construction and all the advantages of a brand-new home, including reduced maintenance requirements and lower running costs.
Crofts Bank is ideally positioned for convenient access to Urmston town centre, where a variety of shops, supermarkets, cafés, restaurants and leisure facilities can be found.
Excellent transport links also provide easy connections to Manchester city centre and beyond.
Through Shared Ownership, buyers can purchase an initial share between 10% and 75% of the property's full market value, with the option to increase ownership over time through staircasing, up to 100%.
Based on a full market value of £240,000, examples include: * 10% share: £24,000, rent £495.00 pcm * 25% share: £60,000, rent £412.50 pcm * 50% share: £120,000, rent £275.00 pcm * 75% share: £180,000, rent £137.50 pcm Rent is calculated at 2.75% per annum on the share not owned.
Build completion is anticipated later this year. Please note that Shared Ownership eligibility criteria apply, and all share prices and rent figures are subject to final confirmation.
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 1-3 Old Cross Bank Urmston Manchester M41 0US
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