2-bedroom flat · M4 1AF
For saleListed 16 days
Opportunity summary
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About
Transmission House, 11 Tib Street, Manchester, M4 1Af Set within the sought after Transmission House on Tib Street, this well positioned two bedroom, two bathroom apartment offers stylish city centre living in the heart of Manchester’s Northern Quarter.
The property comprises two bedrooms, two bathrooms and a spacious reception room, providing a bright spacious layout.
Residents also benefit from access to a roof terrace, providing valuable outdoor space in a central location.
The apartment is situated on Tib Street, in the heart of Manchester’s vibrant Northern Quarter, renowned for its independent shops, cafés, restaurants, bars, creative businesses and distinctive character.
The location places residents within easy walking distance of Market Street, Manchester Arndale, Piccadilly Gardens, Manchester Piccadilly Station and the wider city centre.
The surrounding area offers a diverse mix of independent retailers, eateries and leisure destinations, while providing excellent access to the wider Manchester transport network.
The Northern Quarter continues to benefit from significant ongoing regeneration and investment.
Manchester City Council has identified the area as a key city centre regeneration zone, with proposals including the transformation of the Church Street car park into a new sustainable neighbourhood incorporating more than 300 homes, commercial space, public squares and improved pedestrian areas, subject to planning approval.
There are also proposals for the regeneration of 78 to 80 Tib Street, introducing new restaurant and commercial uses and further strengthening the area as a destination for independent retail, food, culture and creativity.
These projects form part of the wider investment and continued development of Manchester city centre. Please note, lettings and management charges may apply.
Financial Breakdown Gross Rent: £18,000.00 Net income: £15,009.00 Gross yield: 7.35% Net yield: 6.13% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08666
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About Flat 405 Transmission House, 11 Tib Street, Manchester
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