We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · M5 4XQ
For saleReduced £20k (−7.7%) on 11 AugListed 149 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Rivergate House, an exquisite apartment located in the vibrant Wilburn Basin.
This modern residence offers a perfect blend of comfort and convenience, making it an ideal choice for those seeking a stylish urban lifestyle.
Spanning an impressive 688 square feet, this apartment features two generously sized double bedrooms, ensuring ample space for relaxation and rest.
The property boasts two well-appointed bathrooms, providing both functionality and privacy for residents and guests alike.
The heart of the home is a spacious open-plan living area, perfect for entertaining or enjoying quiet evenings in.
Large windows allow natural light to flood the space, creating a warm and inviting atmosphere.
Situated on the 18th floor, the apartment offers stunning views of the surrounding area, complemented by a private balcony where you can unwind and take in the sights.
Residents will benefit from a 24-hour concierge service, ensuring security and assistance at all times.
Additionally, the communal gardens and residents' gym provide excellent amenities for leisure and fitness.
Rivergate House is ideally located on the inner ring road, just a short stroll from the bustling areas of Castlefield and Spinningfields.
This prime location offers easy access to a variety of shops, restaurants, and cultural attractions, making it a perfect base for city living.
In summary, this apartment at Rivergate House presents a unique opportunity to enjoy contemporary living in a sought-after location.
With its spacious layout, modern amenities, and proximity to the heart of the city, it is a property not to be missed.
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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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 advisers 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 1802 Rivergate House, Block A Wilburn Basin, Ordsall Lane, Salford
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