2-bedroom flat · M15 5AX
For saleListed 176 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Currently let for £1200pcm until September 2026. We are delighted to offer for sale this two bedroom, two bathroom property in Hulme.
The property is located on the second floor of the Life Building development. The property comprises two double bedrooms, lounge with dining area, bathroom, ensuite and a fully fitted kitchen.
The property also benefits from a secure parking space. Entrance Hall 17’65” x 3’70” (5.38m x 1.13m) Laminate Flooring. Fuse Box. Smoke Alarm. Spotlights. Adequate Power Points. Internet Point.
Storage Cupboard Housing Artiston Immersion Tank and Washing Machine Point. Master Bedroom 9’94’’ x 9’54’’ (3.03m x 2.91m) Ceiling Light Point. Adequate Power Points. UPVC Window.
Electric Panel Heater. Ensuite 5’61’’ x 6’23’’ (1.71m x 1.90m) Ceiling Light Point. Extractor Fan. White Handwash Basin. White WC. White Tile Surround in Shower Unit. Trition Electric Shower.
Heater Towel Rail. Bathroom 8’56” x 7’80” (2.61m x 2.38m) Heated Towel Rail. White Three Piece Suite consisting of WC, Handwash Basin and Bath. White Tile Surround. Ceiling Light Point.
Bedroom Two 12’46” x 9’58’’ (3.80m x 2.92m) UPVC Window. Ceiling Light Point. Adequate Power Points. Electric Panel Heater. Lounge 17’02” x 11’90’’ (5.19m x 3.63m) Laminate Flooring.
Electric Panel Heater. Ceiling Light Point. TV Point. Adequate Power Points. Patio Doors leading to Balcony. Kitchen 7’90” x 8’82’’ (2.41m x 2.69m) Laminate Flooring.
Range of cream gloss base and wall units. Tiled Splashback. Stainless Steel Sink and Drainer. Prima Oven. Prima Hob. Ceiling Light Point. Adequate Power Points. Stainless Steel Extractor Hood.
Integrated Dishwasher and Fridge with Freezer Box. Additional Information Lease length remaining: 250 year lease from 1996 Service Charge: Approx £1920 per annum Ground Rent: Approx £250 per annum
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 36, Life Building, Hulme
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