2-bedroom flat · M4 6NA
For saleReduced £5k (−1.4%) on 20 OctListed 95 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious, second-floor apartment that has a twenty-seven-foot reception room with attractive flooring, Juliette balcony and smart, modern kitchen with handle-less units and integrated appliances.
There is a large main bedroom with fitted wardrobe and en-suite shower room plus a generously-sized second double bedroom and a stylish bathroom.
A built-in storage/utility cupboard has been provided in the entrance hallway and the energy-efficiency rating is very good, thanks to demanding insulation standards and high performance glazing.
The William Sutton Building is part of the recently-constructed Islington Wharf development which is just minutes from the New Islington Tram Stop and only a short Walk from Piccadilly Station.
A Sainsbury's Local occupies the ground-floor retail unit, there is a larger supermarket close by plus popular bakeries, bars and restaurants. The city centre is also within easy reach.
The property is held on a very long lease. Tenure: Leasehold (995 years less 20 days from 09/08/2021). Service Charge: £200.90 per month (subject to annual review).
Council Tax: Band D, Manchester City Council. Please Note: This property is currently part-owned by Clarion Housing Association but is offered as a 100% open-market sale.
Upon completion, the full leasehold title would transfer to the buyer. This property is offered for sale in the condition seen.
As a general rule, fitted domestic appliances are included in the sale; non-fitted appliances are not. If you require confirmation, you must request this in writing from Urban Moves.
The information in this document supersedes any information given verbally either in person or by telephone.
Pets may be permitted but only with prior consent from Clarion (which can only be obtained once you are the property owner).. There is no parking space offered with this property.
Reception 27' 3" max. X 12' 0" max. (8.31m x 3.66m) Kitchen Included in reception measurement Bedroom 1 20' 3" max. X 10' 0" max. (6.17m x 3.06m) En-Suite Shower Room 7' 1" max. X 5' 1" max.
(2.15m x 1.54m) Bedroom 2 15' 11" x 9' 1" (4.86m x 2.76m) Bathroom 6' 9" max. X 6' 7" max. (2.06m x 2.00m)
Value & comps
No previous sales on record.
Returns
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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 Flat Two Zero Four, William Sutton Building, Manchester
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