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See how verdicts work2-bedroom flat · M5 4YB
Sold STCListed 349 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Julie Twist Properties are delighted to welcome to the market this top-floor apartment located within Bridgewater Point. The apartment is immaculately presented and has been modernised throughout.
On offer is a spacious, open-plan kitchen with upgrades including quartz worktops, composite sink and contemporary tiling.
The living area has access to a private, south-facing balcony with far-reaching views of Manchester City Centre.
There are two double bedrooms, one of which has access to an ensuite bathroom and a further main bathroom accessed via the hallway and the property has new flooring throughout.
The property comes complete with a secure allocated parking space. Residents also enjoy access to shared communal gardens and a roof terrace.
Bridgewater Point is located close to both Manchester City Centre and Salford Quays.
Castlefield is within walking distance which offers a variety of bars and restaurants, the Metrolink Network is close by and the M56/M60 motorways are also easily reached via the Mancunian Way or M602.
GENERAL: Rental Yield: 6.86% (Based on expected rental price of £1600pcm) Service Charge: £2538 per annum Ground Rent: £300 per annum Ground Rent Review Period: Fixed at £300 per annum Lease: 250 years from 1 January 2015 Square Footage: 825 sq.ft / 76.7 sq.m Council Tax Band: C (Salford City Council) Management Company: Xenia Management Estates EWS1 in Place Hallway Wooden flooring, spotlights, intercom entry system, and access to a large storage cupboard housing the boiler and with space and plumbing for a washing machine.
Living Area Double-glazed windows and double-glazed door leading onto a private, south-facing balcony, wooden flooring, a radiator, phone/TV point and ceiling lights.
Kitchen Open plan to the living area, the kitchen comprises wall and base units, integrated fridge/freezer, integrated dishwasher, integrated oven with induction hob with extractor over, sink with mixer tap and drainer, wooden flooring and ceiling lights.
Bedroom 1 Double glazed windows, carpeted flooring, radiator, ceiling light and access to the ensuite.
Ensuite A three piece bathroom comprising large walk in shower, WC, sink with mixer tap, heated towel rail, partially tiled walls, tiled flooring, extractor and spotlights.
Bedroom 2 Double glazed windows, radiator, carpeted flooring and ceiling light.
Bedroom 2 Accessed via the hallway, a three piece bathroom comprising bath with shower attachment over, WC, sink with mixer tap, heated towel rail, partially tiled walls, tiled flooring, extractor and spotlights.
Parking This property benefits from one secure, allocated parking space.
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.
Area
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FAQ
About Bridgewater Point, Worrall Street, Salford
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