2-bedroom flat · M15 4QN
Let agreedListed 22 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** secure allocated parking space included ** deposit free option available ** Available 10th December. Furnished.
A well maintained two bedroom apartment located on the fifth floor of a modern and highly sought after development close to a selection of bars, restaurants and shops at First Street.
The Lumiere Building is also a short walk from Deansgate train station and Metrolink stop. It benefits from a 24 hour concierge service, residents gymnasium, sauna and communal roof garden.
The property itself offers spacious accommodation which briefly comprises; entrance hallway, open plan living room with access to balcony, modern fitted kitchen with integrated appliances, two spacious double bedrooms with fitted wardrobes, en suite shower room and a three piece bathroom suite.
EPC Rating (C). Council Tax Band (D).
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
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FAQ
About Apartment 504, Lumiere Building, 38 City Road East, Manchester
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