2-bedroom flat · M4 7BF
Sold STCReduced £20k (−8.3%) on 6 OctListed 501 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** suitable for investors only *** 2 bed, 2 bath with parking.
Nestled in the vibrant heart of Manchester, the Loom Building presents an exceptional opportunity for both investors and those seeking a stylish urban residence.
This contemporary apartment, situated on the third floor, boasts a generous 818 square feet of living space, thoughtfully designed to maximise comfort and functionality.
The property features a welcoming reception room that flows seamlessly into a modern kitchen, perfect for entertaining or enjoying quiet evenings at home.
With two well-proportioned bedrooms, this apartment is ideal for professionals or small families. The two bathrooms provide convenience and privacy, ensuring that morning routines run smoothly.
One of the standout features of this apartment is the delightful balcony, offering a private outdoor space to unwind and enjoy the views of the bustling city below.
Additionally, the property comes with allocated parking, a valuable asset in this sought-after area.
Currently let for £1,250 per calendar month until 28th May 2026, this apartment achieves a commendable rental yield of 5.8%, making it an attractive investment opportunity.
Its prime location near Ancoats and the Northern Quarter places residents within easy reach of a plethora of shops, restaurants, and cultural attractions, enhancing the appeal of city living.
In summary, this apartment in the Loom Building is a perfect blend of modern living and investment potential, set in one of Manchester's most desirable neighbourhoods.
Whether you are looking to invest or find your new home, this property is not to be missed. EWS1 Form in place.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 50 Loom Building, 4 Harrison Street, Manchester
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