We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · M1 5QG
Sold STCListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***INVESTMENT OPPORTUNITY*** *TENANT IN SITU* *MARKET RENT £1250 * CURRENT RENT £1100 P/M* RENT *8% YIELD* *NEAR LOCAL TRANSPORT LINKS* *525 SQFT* An excellent opportunity to acquire a spacious two-bedroom apartment with a tenant already in situ, providing immediate rental income in the heart of Manchester City Centre.
Located on the second floor of the popular Pearl House development, this well-presented apartment extends to approximately 699 sq ft and comprises a bright open-plan living area, a fully fitted kitchen, two well-proportioned bedrooms, and a modern bathroom.
The property also benefits from a private balcony accessed from the second bedroom, along with two Juliet balconies in the living area, creating a bright and airy living space that continues to attract professional tenants.
Ideally positioned just moments from Oxford Road, the universities, major employment hubs, and excellent transport links, the property benefits from consistent rental demand and strong long-term investment fundamentals.
A fantastic addition to any investment portfolio, offering immediate income and excellent tenant appeal in one of Manchester's most established rental locations.
Contact Philip James today for further information or to arrange a viewing. Available Now and NO AGENCY FEES!
Philip James Manchester are proud to present this stylish two bedroom apartment located in the heart of Manchester City Centre.
The apartment is located on the second floor of this superb apartment block a stones throw from Oxford Road and Whitworth Street. The apartment comes fully furnished.
There is a balcony off the second bed and two Juliet balconies in the lounge. Viewing is highly recommended as we don't see it being around for long.
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.
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 Lower Ormond Street, Manchester, M1
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