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See how verdicts work2-bedroom flat · M5 4BQ
Listing removedListed 725 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Middlewood Locks is an award-winning canalside neighbourhood with a community of over 2,600 people enjoying living in their homes.
Railings is the third phase of new homes ready and available for immediate occupation.
Apartment B307 is located on the third floor with a corner east facing aspect and views of the private residents garden and Salford Cathedral.
The full height glazed balcony doors provides plenty of natural light. The open plan layout feels spacious and airy and the apartment is finished to a very high specification.
The contemporary Pronorm kitchen is fitted with handle-less wall and base mounted units finished with a Quartz worktop and splashback.
Integrated Bosch appliances including induction hob, oven, microwave, fridge freezer, dishwasher, undermount sink with chrome mixer tap and a freestanding Indesit washer/dryer is included in a separate utility cupboard..
The apartment is fitted with luxury vinyl flooring throughout the living, kitchen and utility areas, fitted carpets to the bedrooms and Porcelain floor tiles to the bathrooms.
Both double bedrooms have contemporary white fitted wardrobes and full height windows with views of the private residents garden.
The main bedroom has a lovely en-suite bathroom, featuring a walk-in rain shower with fixed shower screen, Vitra white wall hung basin and toilet with Hansgrohe brassware, partially ceramic tiled walls, mirrored bathroom cabinet with LED downlighters above sink, heated towel rail and recessed LED spot lighting.
The generous stylish main bathroom is fitted with Vitra white wall hung basin and toilet with Hansgrohe brassware, white enamel bath with Hansgrohe shower overhead, fixed shower screen, partially ceramic tiled walls, mirrored bathroom cabinet with LED downlighters above sink, heated towel rail and recessed LED spot lighting.
The apartment is available for sale on a 999 year lease and the ground rent is peppercorn. ** PLEASE NOTE ALL INTERNAL IMAGES ARE OF THE RAILINGS SHOW APARTMENT AND NOT OF APARTMENT B307 **
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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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 Railings, Middlewood Locks, M5
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