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See how verdicts work1-bedroom flat · M40 7EH
Listing removedListed 17 daysAuction 4 Feb · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by modern method of auction - T&c's apply Starting bids from £80,000 - Cash Buyers Only Julie Twist Properties are pleased to offer this second-floor apartment in Christabel Tower.
The property comprises an entrance hallway leading through to a spacious open-plan kitchen and living area.
Floor-to-ceiling windows provide plenty of natural light and create a bright, open feel throughout the living space.
There is a generously sized double bedroom, along with a three-piece bathroom suite which also provides access to a large storage cupboard. The apartment further benefits from parking for one vehicle.
Christabel Tower is well positioned just outside Manchester City Centre, offering convenient access to the city while benefiting from excellent transport links across Greater Manchester.
The popular neighbourhoods of Ancoats and New Islington are within easy reach, home to a fantastic selection of independent cafés, bars and restaurants, as well as the attractive waterside surroundings of New Islington Marina.
Manchester City Centre, the Northern Quarter and Piccadilly are also easily accessible, making the location ideal for those looking to stay well connected to everything the city has to offer.
A range of local amenities can be found nearby, with good road and public transport connections providing easy access in and around Manchester.
This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the ”Reservation Period”).
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional.
General Rental Yield: 15% (Based on expected rental price of £1000pcm) Service Charge: £2,337.16 per annum Ground Rent: £305 per annum Ground Rent Review Period: Reviewed every 10 years in line with rpi Lease: 250 years (less 10 days) from 4 February 2005 Square Footage: 435 sq.ft / 40.5 sq.m Council Tax Band: A (Manchester City Council) Sinking Fund Contribution: 0.25% × the relevant property value × a multiplier of up to 20 years.
Hallway Laminate flooring, wall-mounted heater and ceiling light. Living Area Double-glazed window, laminate flooring, wall-mounted heater, phone/TV point, and ceiling lights.
Kitchen Open-plan to the living area, the kitchen comprises wall and base units, built-in oven, four-ring hob with extractor over, integrated fridge with freezer drawer, sink with mixer tap and drainer, laminate flooring and spotlights.
Bedroom Double-glazed window, carpeted flooring, wall mounted heater and ceiling light.
Bathroom Accessed via the hallway, a three-piece bathroom comprising a bath with shower attachment over, WC, sink with mixer tap, partially tiled walls, extractor and spotlights.
There is also access to the storage cupboard housing the washing machine/dryer. Parking This apartment comes complete with a secure allocated parking space.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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
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FAQ
About 201 Christabel Tower, 106 Dalton Street, Manchester
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