1-bedroom flat · M3 4BD
For saleReduced £10k (−5.3%) on 5 FebListed 332 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright and airy one double bedroom waterside apartment with secure parking.
Located on the 6th floor of the popular Potato Wharf development, sitting in a peaceful corner of Castlefield, by the banks of the Bridgewater canal.
The property comprises entrance/hall with utility cupboard, an open-plan living and fully integrated kitchen area, large double bedroom, and one luxury bathroom.
Offered with tenants in situ achieving £1100pcm until April 2026, this would be an ideal investment buy, however, can also be provided with vacant possession on request.
Situated just off Liverpool road the property is within easy reach of Deansgate and Spinningfields, whilst also being located perfectly for Deansgate train and tram station, as well as close proximity to the ring road for an easy commute in and out of the city centre.
Though, an Ews1 is not yet available, the remediation works are fully funded. We'd advise speaking to our mortgage adviser for further details.
Leasehold Information: Ground Rent - £300 Yearly Service Charge - £2210 Yearly Building Insurance - £444 Yearly Lease Length - 132 Years what3words /// gained.falls.rank Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About Apartment 611 Saville Building, Potato Wharf, Manchester
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