4-bedroom house · M4 6GE
Sold STCListed 35 days
Opportunity summary
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About
Welcome to Lockgate Mews! A rare opportunity to acquire a luxury four double bedroom townhouse with the added benefit of two private terraces and secure allocated parking.
Forming part of a private gated development, the property spans 1351 sq/ft across three floors and is just minutes from new islington marina in manchester city centre.
The ground floor comprises: Welcoming entrance hall with WC and utility store off, spacious living room with floor to ceiling windows, providing access to a tranquil private sun terrace, and a modern kitchen fitted with wall and base units incorporating integrated appliances and under stairs storage.
The first floor provides a primary bedroom suite with en-suite shower room and an L-shaped double bedroom/home office whilst the top floor provides the primary three piece family bathroom with two further double bedrooms incorporating custom built cabinetry to one, and an en-suite shower room to the other with a further canal side terrace.
EPC rating C (77).
Externally, the property provides secure allocated parking and sits within a well maintained gated development in New Islington, just minutes from the marina where residents can enjoy independent cafes, bars and restaurants such as Pollen, Cask, Flaw'd, Finders Keepers and The Flat Baker.
The award-winning Ancoats district is just a short walk away whilst residents can also enjoy a host of local amenities across the Northern Quarter.
Entertainment venues such as the Etihad stadium and Co-Op live are just a short stroll down the canal with Mayfield Park offers a lovely green space on the doorstep.
For commuters further afield, the property provides easy access to Manchester Piccadilly Station and New Islington Tram Station.
Important Information: Tenure: Leasehold Service Charge: £2,094.09 per year Ground Rent: £394.95 per year Lease: Commencing on 1 January 2018 and terminating on 1 March 2256 Building Manager: Stevenson Whyte Council Tax Band: D
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
Agent & docs
FAQ
About 13, Lockgate Mews, Manchester
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