2-bedroom flat · M4 6BQ
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Available December ** Large 2 Bedroom, second floor Apartment with south-east facing balcony.
Built in the summer of 2019, The Popworks building is centrally located 3 minutes walk from Cutting Room Square and on the fringe of the celebrated Vietnamese District.
Furnished to a very high standard the apartment itself is 674 sq ft of the Ancoats dream; Stylish integrated kitchen with Beko appliances, dining area and carpeted living room with ceiling windows that ooze natural light.
There is a large, south facing terrace which receives a lot of sunlight on a sunny day. The master bedroom is a large double which has its own En-Suite Shower Room.
The second bedroom is also a double with good space & storage. A master bathroom is located off the generous hallway and the apartment has connected Fibre Optic 1GB broadband Included!
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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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About POPworks Apartments, Manchester
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