2-bedroom house · M15 4QG
For saleReduced £20k (−6.5%) on 1 OctListed 337 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This much sought after development is located in the popular and well established residential area of Castlefield and lies adjacent to the canal network providing an idyllic short stroll into the City Centre, with many bars, restaurants & transport links within easy reach.
This first-floor, canal-facing apartment is generously proportioned at 927sq ft.
Flooded with natural light throughout, the accommodation briefly comprises: Entrance hallway, spacious open-plan living area with access to a balcony, modern fitted kitchen, a substantial master bedroom with fitted wardrobes/dressing area and a contemporary en-suite shower room, a second large double bedroom, and a stylish three-piece bathroom suite.
The property also benefits from secure allocated parking. EPC Rating - C. Subject to Contract.
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.
Area
Agent & docs
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FAQ
About 105, Castlegate, Castlefield
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