3-bedroom flat · M5 3DE
For saleListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EWS1 Compliant – Mortgage Buyers Welcome Situated on the second floor of the popular Gilbert House development, this spacious three-bedroom apartment offers well-proportioned accommodation ideal for owner-occupiers and investors alike.
The property comprises a welcoming entrance hallway leading to a generous open-plan living and dining area, providing an excellent space for both relaxing and entertaining.
The separate kitchen is fitted with a range of base and wall units with ample worktop space and room for appliances.
There are three well-sized bedrooms, including a principal bedroom benefiting from an en-suite shower room. A modern three-piece bathroom suite serves the remaining bedrooms.
The layout offers flexibility for families, sharers, or those working from home.
Further benefits include allocated parking, secure entry access, and EWS1 compliance, meaning mortgage buyers are invited.
The property is offered to the market with no onward chain, allowing for a smooth and straightforward purchase.
Early viewing is highly recommended to appreciate the size and convenience of the accommodation on offer.
Lease remaining - 129 years 10 Months remaining Service Charges - £ 2232 pa Ground Rent - £402 pa Council Tax Band - EPC - B Private Parking included EWS1 - B1 Rated
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 Apartment 18, Gilbert House, 2, Elmira Way, Greater Manchester
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