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See how verdicts work1-bedroom flat · M15 5RA
Listing removedListed 359 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Philip James are proud to present this UNIQUE TRIPLEX apartment in a FORMER CHURCH that has been SUPERBLY CONVERTED throughout.
The property is currently tenanted at £1050pcm until May 2026 providing a fantastic 7.6% yield! Keeping it's CHARACTER and charm the property is unlike any around the area.
Set over THREE FLOORS the apartment has a modern kitchen with breakfast bar, large living space and double bedroom with en-suite. Inclusive of one permit parking space.
Service Charge : £2500 PA Ground Rent : Peppercorn Leasehold : 985 years remaining Room Details
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 St Marys Street, Hulme, Manchester, M15
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