1-bedroom flat · M4 4AX
For saleReduced £5k (−3.4%) on 5 SepListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Jordan Fishwick are pleased to have for sale this one bedroom apartment located on the 8th floor of Melia House which is located in the Green quarter.
The property comprises of an entrance hall with storage, living room with balcony and open plan fully fitted kitchens with dishwasher, fridge/freezer, oven and hob appliances.
The double bedroom having access to the balcony. Modern bathroom suite with shower. Funding in place but works on the ews-1 are yet to start.
Mortgage buyers welcome but need to check with their provider first.
The Building Situated in a lively area, residents will enjoy easy access to local amenities, including shops, cafes, and public transport links, making it simple to explore all that Manchester has to offer.
Whether you are a first-time buyer or looking to invest, this flat presents a wonderful opportunity to own a piece of this dynamic city.
We are inviting mortgage buyers due to the most recent announcement by the 6 big lenders advising they are starting to lend on buildings over 18m without and EWS1.
Please take advice from mortgage lender or speak to branch to discuss*.
Kitchen / Lounge (3.54 x 7.27 (11'7" x 23'10")) Modern Fully fitted kitchen with range of matching base and eye level units and complimentary worktop.
Integrated oven/hob, fridge/freezer, dishwasher and under cabinet lighting, Part Tiled Flooring, Spot lighting.
The lounge includes TV access points, fitted carpets, access to the balcony and an electrical heater.
Master Bedroom (3.6 2.68 (11'9" 8'9")) Sliding wooden door leading to balcony, electric power points, electric heater, fitted carpets, spot lighting.
Bathroom (2 x 2.40 (6'6" x 7'10")) Part tiled bathroom, shower attachment over the bath, hand wash basin and WC, electric heated chrome towel rail, spot lighting, extractor fan, electrical shaver point.
Externally Access to the balcony found through the lounge and bedroom.
Additional Information Service Charge - £1,895.36 Ground Rent- £200.00 Leasehold- 150 years from 2003 Council Tax Band - C EPC- C Agents Notes To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further 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 Apt 8.7A, Melia House, Manchester
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