1-bedroom flat · M3 5DG
To rentListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic fully furnished, top floor, modern one bedroom apartment, benefitting from a large open plan living area and city center location.
This spacious apartment offers a large bright open plan living area furnished with a brand new sofa ( not yet pictured ) and glass coffee table as well as having bare brick finishes and fire place.
The kitchen comes with integrated appliances including large fridge freezer, electric hob and cooker and dishwasher and an island with seating in the center of the room.
The double bedroom comes with a large fitted wardrobe and double bed as well as a wall mounted TV. The bathroom is modern and comes with a bath and overhead shower.
Located on Chapel Street the property has easy access to Deansgate in Manchester City Centre and is just a short walk to Salford Central.
The property is surrounded by local amenities including The black friar pub and The lowry.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Punchbowl Apartments, 83 Chapel Street, Salford
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