3-bedroom flat · M5 4TA
Let agreedListed 45 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely apartment located on the 4th floor of The Riley development.
The apartment is furnished and has a high specification throughout and includes; open plan living/kitchen area, three double bedrooms, two bathrooms, a balcony, allocated parking and an on site concierge.
The development is situated just off Regent Road in Lowry Wharf, on the banks of the River Irwell.
It is only a short walk away to Manchester City Centre, where you have access to the transport links along Deansgate. Additionally, Cornbrook Metrolink is only a short walk away.
Residents can enjoy strolls along the River Irwell leading to the famous Bridgewater Canal, and to popular locations such as The Wharf and MediaCityUK.
For commuters further afield, Manchester Airport is just 20 minutes away via the M602. The property also benefits from being a 10 minute walk away from the local shopping park at Regent Retail Park.
It is available to rent from the 13th October 2026.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 23 The Riley Building, Derwent Street, Salford
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