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See how verdicts work1-bedroom flat · M3 5LA
For saleReduced £5k (−2.8%) on 27 OctListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious one double bedroom apartment in the modern Atelier development. Description Savills are delighted to present this one double bedroom apartment in the desirable Atelier development.
This stunning, spacious apartment features a large open-plan living, dining and kitchen area.
The kitchen has ample surface space and is fully fitted throughout with integrated appliances, electric hob, integrated microwave and a dishwasher.
The well-appointed double bedroom is spacious with a built-in wardrobe providing ample storage whilst the bathroom is modern with a full size bath and overhead shower facility.
There is a further storage cupboard housing a washer dryer.
This stunning development offers a residents' lounge and is ideally located for all city centre has to offer, the apartment really appeals to all!
Owner occupiers and buy to let investors are welcome to enquire on this exciting opportunity. EWS1 Form available with an A1 rating, completed October 2021.
Please note, internal photographs taken prior to tenant occupation and were taken circa June 2023. Location Atelier sits in an enviable location benefitting from all Manchester has to offer.
Manchester Victoria tram & train links are a mere 1.3m away whilst bus links are as close as 0.1m distance.
Whilst Deansgate (0,7m) offers a host of independent bars, restaurants and shopping (Manchester Arndale circa 0.9m), Regent Road retail park is also situated nearby (0.8m) with a large Sainsbury`s, tk Maxx, Boots, and much more on offer.
For sport and entertainment. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2.4m and 3.6m away respectively.
Manchester tennis and racquet club also offer superb options for a variety of racket sports, including tennis, padel and squash to name a few, and is located only 0.3m distance.
For cultural activities, locally residents are only 1.7m from Manchester's famous Northern Quarter, which often hosts an array of food festivals and music gigs.
Please note all distances quoted are approximate. Square Footage: 555 sq ft Leasehold with approximately 243 years remaining.
Additional Info We are advised the ground rent to be one peppercorn if demanded and that building insurance is a separate £120 per annum payable.
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.
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FAQ
About Apartment 316,, Atelier, Salford
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