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See how verdicts work2-bedroom flat · M41 0US
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A fantastic opportunity to purchase a brand-new ground floor apartment at Crofts Bank, an exciting new development in the heart of Urmston.
Available through Shared Ownership, this contemporary two-bedroom home is ideal for first-time buyers and those looking for a modern, energy-efficient property.
The apartment offers approximately 656 sq ft of well-planned accommodation, comprising a spacious open-plan kitchen, dining and living area, perfect for modern lifestyles.
The stylish kitchen comes complete with integrated appliances, while two generous bedrooms and a sleek bathroom provide comfortable living throughout.
Further benefits include allocated parking, EV charging provision and all the advantages of a newly built home.
Conveniently located close to Urmston's shops, cafés, restaurants and green spaces, the development also enjoys excellent transport connections to Manchester city centre and beyond.
Available through Shared Ownership, purchasers can buy an initial share from 10% to 75% and increase their ownership over time through staircasing, up to 100%.
Based on a full market value of £240,000: * 10% share: £24,000, rent £495.00 pcm * 25% share: £60,000, rent £412.50 pcm * 50% share: £120,000, rent £275.00 pcm * 75% share: £180,000, rent £137.50 pcm Rent is calculated at 2.75% per annum on the share not owned.
Expected build completion later this year. Eligibility criteria applies. .
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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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.
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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 1-3 Old Cross Bank Urmston Manchester M41 0US
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