2-bedroom flat · M3 7ED
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** no onward chain ** A conveniently located two bedroom apartment forming part of the Richmond Hill development which stands alongside Blackfriars Road in a prime location just a few minutes walk from Deansgate and the wide selection of attractions within Manchester city centre.
The building is close to a number of transport links providing access to Salford Quays, Salford University and Media City.
Furthermore, it would be suitable for both first time buyers and investors with an expected rental income in the region of £1150 pcm.
The accommodation briefly comprises; entrance hall with utility cupboard and large storage cupboard, open plan living room with south facing balcony overlooking the gardens, fitted kitchen with integrated appliances, two bedrooms (double & single) and a modern three piece bathroom suite.
EPC rating (E)
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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 Apartment 18, Richmond Hill, 52 St. Stephen Street, Salford
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