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See how verdicts work2-bedroom flat · M1 4HA
No longer listedListed 721 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Manhattan Building is a purpose built development by Alliance that is located in the very heart of the city centre.
Appealing to the sharp city dweller or keen investor, this property can be used for Airbnb.
Duplex apartment 2 bedrooms 2 Bathrooms Allocated car parking// private electric door 24 hour concierge Rental value-£1,500 pcm Air bnb value- £234 per night This penthouse level duplex apartment is simply stunning throughout.
Inspired by a New York Manhattan theme that combines style with space, what a place to live.
Consisting of a hallway with W/C, elegant living area with a designer fitted kitchen including a trendy breakfast bar.
The upper floor offers two good side bedroom with floor to ceiling windows and a en-suite shower room. Recently redecorated throughout. External outside space with a balcony offering roof top views.
Complete with a secure allocated car space with a private electric car door.
24-hour concierge • Leasehold Expires 12/03/2270 • Service Charge approximately £5000 per year • Ground Rent £440 per year • Ground Rent linked to rpi review every % years • Management Company Urban Bubble
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
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FAQ
About 609, Manhattan Building, Manchester
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