2-bedroom flat · M15 4LY
For saleListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the highly sought-after Excelsior Works development in the heart of Castlefield, this beautifully presented two-bedroom, two-bathroom apartment offers stylish city living alongside an excellent investment opportunity.
The property is currently tenanted at £1,450 per calendar month on a rolling periodic tenancy, providing immediate rental income for investors while retaining flexibility for future owner-occupiers.
The apartment boasts a spacious open-plan living and dining area, filled with natural light and offering the perfect space for both entertaining and relaxing.
The contemporary fitted kitchen features integrated appliances and ample storage, creating a practical and modern living environment.
There are two generous double bedrooms, with the principal bedroom benefiting from a stylish en-suite shower room. A further modern bathroom serves the second bedroom and guests alike.
The property is finished to a good standard throughout and is ready to continue generating income from day one.
Excelsior Works is ideally positioned to enjoy everything Castlefield has to offer, including picturesque canals, renowned bars and restaurants, and excellent transport connections.
Deansgate Station, Metrolink services, Spinningfields and Manchester City Centre are all within easy walking distance.
Key Features Two double bedrooms Two bathrooms, including en-suite to principal bedroom Spacious open-plan living area Modern fitted kitchen with integrated appliances Located within the popular Excelsior Works development Prime Castlefield location Walking distance to Deansgate and Spinningfields Excellent transport links Currently tenanted at £1,450 PCM Rolling periodic tenancy in place Attractive investment opportunity Secure city centre development Investment Information The property is currently let at £1,450 PCM (£17,400 per annum) under a rolling tenancy agreement, offering an immediate income-producing asset in one of Manchester's most desirable residential locations.
Location Castlefield is renowned for its unique blend of industrial heritage and contemporary city living.
Residents benefit from easy access to Manchester's business districts, vibrant dining and leisure scene, cultural attractions and extensive transport network, making it one of the city's most sought-after neighbourhoods.
Early viewing is highly recommended.
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
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FAQ
About Hulme Hall Road, Manchester
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