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See how verdicts workStudio flat · M32 8QA
Listing removedListed 162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*For sale by online auction!!*Bidding will take place on the Auction Agent website on Tuesday 23rd June at 12pm!!Auction Agent are pleased to present this one bedroom, first floor apartment.
Situated in a highly popular development for the over 55's with open views into Longford Park.
Overlooking the communal gardens, with on-site parking facilities available.The apartment is located between the centre of Chorlton and Stretford with all of its local amenities.
Local bus routes and Stretford Metrolink station on Edge Lane, giving direct access into the city centre.This apartment consists of a communal entrance hallway, a communal lounge and dining room with a kitchen area.
There is access to a lift and stairs to all floors, a private entrance hallway, a double bedroom, a three-piece shower room, a spacious lounge/dining room with views into the lawned gardens and a cosy fitted kitchen area.
The apartment is warmed by electric heating, has a 24-hour emergency care line response system, an on-site house manager, communal lawned gardens to the front, side and rear aspect and off-road parking to the rear aspect for both residents and visitors.
Property is offered with tenant in situ currently achieving approx. £875 pcm. Ideally suited and appealing to all investors wanting a straight forward purchase in the convenient area of M32.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Edge Lane, Manchester
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