1-bedroom flat · M4 7AZ
For saleReduced £5k (−3%) on 1 OctListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This well-presented one-bedroom, one-bathroom apartment, located on the fifth floor of The Hatbox development in New Islington, offers an inviting and functional living space.
The apartment is designed to make the most of the available space, featuring an open-plan living area with a floor to ceiling window.
The modern kitchen and bathroom complement the apartment with a clean and contemporary design.
Situated in a highly desirable location, the development is within walking distance of Manchester City Centre, Cutting Room Square, and Piccadilly Train Station.
With a variety of bars, restaurants, and shops right on your doorstep, you'll have easy access to vibrant local amenities.
Residents of The Hatbox benefit from a secure, gated entrance and a 24-hour concierge service, ensuring peace of mind.
Additional Information: Service charges - £1471 per annum Ground rent - £486.40 per annum (increases every 5 years with rpi) Deed of variation available on lenders request.
Buildings insurance - £776 per annum Lease - 999 years from 2014
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 510, The Hatbox, 7 Munday Street
Explore nearby
.png){kind=logo}
