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See how verdicts work1-bedroom flat · M3 7HY
For saleListed 26 days
Opportunity summary
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About
*Tenanted at £1,370pcm* 16th floor one bedroom apartment within the popular Bankside Boulevard. Gym, games room and concierge on site!
Description *Currently tenanted at £1,370pcm* Savills are delighted to present this stunning one double bedroom apartment on the 16th floor of the recently completed Bankside development.
Boasting city views and luxury facilities, this apartment is not to be missed! Standing tall at 42 storeys, Bankside draws inspiration from its rich Victorian history.
This development seamlessly blends heritage with contemporary architecture, merging old streets with new paths to create an urban neighbourhood with soul.
This fantastic property has a large open-plan living/kitchen area, with an abundance of light from the floor to ceiling windows. The kitchen comes fully fitted with a range of integrated appliances.
The double bedroom is well appointed and spacious, and completing the apartment is a luxury three piece suite main bathroom.
Residents will also have access to a variety of exceptional amenities, including three resident lounges and two bookable multi-use suites, perfect for relaxing or hosting gatherings with fully equipped kitchens.
For those seeking creative inspiration, Bankside features a dedicated creative space with a relaxed breakout area, content creation room, Instagram pods and a games room.
Well-being is at the heart of the development with The Club, a 380 sqm health and wellness suite.
The state-of-the-art gym is equipped with cutting-edge Technogym equipment, including virtual coaches to enhance your workout experience.
The spacious terrace will host yoga classes and resident events throughout the year, offering a tranquil escape.
Rent per annum: £16,440 Service charge per annum: £1,796 Building insurance per annum: £348 A1 rated EWS1 form and cover letter completed 2024 available!
Location Bankside sits in an excellent Greengate location with great access to all Manchester has to offer.
Victoria tram and train links (0.6m) and the Arndale shopping centre (0.4m) are all located in good proximity to the apartment.
Deansgate is also situated only 0.4m with a host of restaurants, bars and attractions perfect to enjoy city centre living. You are also not far from sport and entertainment options.
Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2.8m and 2.4m away respectively.
The Manchester National Cycling Centre is also only 3.0m distance.
Manchester tennis and racquet club also offer superb options for a variety of racket sports, including tennis, padel and squash to name a few, and is located only 0.3m distance.
For cultural activities, locally residents are only 0.9m from Manchester's popular Northern Quarter which offers a variety of leisure and nightlife activities.
Please note all distances quoted are approximate. Square Footage: 549 sq ft Leasehold with approximately 988 years remaining. Additional Info We are advised ground rent to be peppercorn.
Building insurance is a separate £348 per annum.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Apartment 1607, 12, Bankside Boulevard, Greater Manchester
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