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See how verdicts work2-bedroom flat · M41 0US
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the new Crofts Bank development, this brand-new ground floor two-bedroom apartment offers stylish, low-maintenance living in a sought-after Urmston setting.
Extending to approximately 656.59 sq ft (61 sq m), the home features a generous open-plan kitchen, dining and living area designed for modern living.
The contemporary kitchen includes integrated appliances, while two well-proportioned bedrooms and a sleek bathroom provide comfortable accommodation throughout.
Additional benefits include allocated parking, EV charging provision and energy-efficient features, helping to keep running costs down while enjoying all the advantages of a newly built home.
Ideally positioned close to Urmston town centre, residents can enjoy a range of shops, cafés, restaurants, leisure facilities and green spaces, along with excellent transport links into Manchester and across Greater Manchester.
Available through Shared Ownership, purchasers can buy an initial share from 10% to 75%, with the option to increase their ownership over time through staircasing, up to 100%.
Based on a full market value of £240,000: 10% share: £24,000, rent £495.00 pcm 25% share: £60,000, rent £412.50 pcm 50% share: £120,000, rent £275.00 pcm 75% share: £180,000, rent £137.50 pcm Rent is calculated at 2.75% per annum on the share not owned.
Completion is anticipated later in 2026. Please note Shared Ownership eligibility criteria apply and all figures remain subject to final confirmation.
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
Agent & docs
FAQ
About 1-3 Old Cross Bank Urmston Manchester M41 0US
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