1-bedroom flat · M3 7BP
To rentListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Parello are pleased to offer for rent. this lovely fully furnished studio apartment situated on the 4 floor of the popular Spectrum development.
Spectrum has beautiful communal landscaped gardens and 24 hour concierge.
Internally the property comprises of an entrance hallway, open plan living and kitchen area with fully fitted kitchen, double bedroom area with fitted wardrobes, shower room and a storage cupboard.
Water is also included within the monthly rental price. The development is located on Blackfriars Road, which is a prime location for access into Manchester's city centre.
Offering all the benefits of a central location, the trendy bars and restaurants of Deansgate are virtually on its doorstep, whilst a mix of high fashion retailers, including Harvey Nichols and Selfridges are less than 500 metres away.
Set on the Salford side of the River Irwell, Spectrum's location also affords it excellent access to a range of major road networks, including the Manchester inner ring road, M60 and M62.
In addition to this, residents can choose from a variety of public transport links, with Victoria Station in close proximity to offer both national rail links and metro links across Greater Manchester
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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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
Agent & docs
FAQ
About Blackfriars Road, Salford, M3
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