2-bedroom flat · M4 4GP
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Mount Yard, by renowned developers fec forms part of the Angel Meadows development, close to Manchester City centre.
This purpose built development is finished to a high standard throughout, and benefits from on site concierge, communal area's and use of a residents gym (this is located off site) A superb opportunity to purchase an investment property which is currently let at £1700 pcm until December 2025 giving a 6.27% yield.
Comprising of : Secure communal entrance with lifts to all floors, private entrance hall with storage cupboard, spacious open plan corner aspect living and kitchen area with integrated appliances, two double bedrooms with the main being en-suite and a further bathroom.
Sold with no chain.
Leasehold & Material Information Tenure: Leasehold Service Charge: £2838.75 Ground Rent: £225 Lease: 250 years from 6th July 2018 Council Tax Band: D - Manchester City Council Management Company: Found Parking : No parking Broadband : FTTP Connection available, line active Water : Connect to mains water and drainage, supplied by United Utilities on a meter Electricity : Connected to main electric, supplied by ovo Energy Construction : EWS1 in place
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About 310 Mount Yard, 2 Old Mount Street, Manchester
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