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See how verdicts work2-bedroom flat · M3 6AF
Sold STCListed 352 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jordan Fishwick are pleased to have for sale this, two bedroom apartment found on the 1st floor. The Fresh Development is located on Chapel Street, Salford.
The apartment has entrance hallway with storage, the kitchen and lounge provide space to rest and relax in.
The kitchen comes with integrated appliances, oven/ hob and fridge/freezer along with laminate flooring. The bathroom has shower attachment over the bath.
This Modern and attractively presented apartment ideal for investors and first time buyers and mortgage buyers are welcome. No chain. EWS-1 In Place.
The Building - Situated in a prime location, this apartment benefits from easy access to local amenities, including shops, restaurants, and public transport links, making it a fantastic base for exploring the wider area.
Whether you are commuting to work or enjoying a leisurely day out, you will find everything you need within reach.
Salford Station is located 50 yards across the road and Spinningfields is only a stones throw away. Entrance Hall - Laminate flooring with built in storage cupboard housing hot water system.
Kitchen / Lounge - 2.99 x 6.45 (9'9" x 21'1") - The lounge has laminate flooring, double glazed window and electric heating with spot lights.
The Kitchen includes integrated appliances fridge/ freezer, extractor fan and oven/hob. Electric heaters and spot lighting. Bedroom One - 3.68 x 2.71 (12'0" x 8'10") - Fitted carpet.
Wall mounted heater. Spotlights. Double Glazed Window. Bedroom Two - 3.59 x 3.22 (11'9" x 10'6") - Spotlights. Fitted carpet. Wall mounted heater. Double Glazed Window.
Bathroom - 1.99 x 2.34 (6'6" x 7'8") - The bathroom is Fully Tiled with hand wash basin, WC and bath there is also a shower attachment over the bath. Fitted Mirror and white towel rail.
Additional Information - Service Charge - £2,369,24 Ground Rent - £250.00 EPC Rating - D Council Tax Band - C Leasehold - 999 years from 2007 Ground Rent Due To Increase to £350.00 2028 Agents Notes - To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
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 Fresh, Chapel St, Salford
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