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 work1-bedroom bungalow · M41 7NN
For saleReduced £25k (−16.7%) on 6 OctListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Interested parties should contact Knight Frank Auctions for further information. Description On the instructions of a Housing Association.
The property comprises a 1 bedroom mid-terrace bungalow requiring refurbishment, which benefits from having a communal rear garden and off-street parking at the front.
Accommodation Ground Floor: Living room, Bedroom, Shower-room, Kitchen External: Communal Rear Garden, Off-Street Parking (directly in front of the property.
The parking space does not form part of the freehold title but is enjoyed pursuant to a legal right of use. See legal pack for further details).
Open House Viewings: Tuesday 6th October: 12:00pm - 12:30pm Saturday 10th October: 12:00pm - 12:30pm Thursday 15th October: 12:00pm - 12:30pm Please arrive at the start time.
Location The property occupies a prominent position on Broadway, one of Urmston's principal commercial thoroughfares, within a well-established mixed-use area of retail, leisure, office and residential accommodation.
Urmston town centre provides a wide range of amenities including supermarkets, independent retailers, cafs and restaurants.
The property benefits from excellent transport links, with Urmston railway station providing regular services to Manchester city centre and surrounding areas.
The M60 motorway is readily accessible, offering convenient connections across Greater Manchester and the wider North West motorway network.
Manchester city centre lies approximately 6 miles to the east, whilst Trafford Park, one of Europe's largest business and industrial parks, is located nearby, supporting strong local employment and commercial activity.
Occupancy Vacant Tenure Freehold The buyers fee is including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.
Auction Details The sale of this property will take place on the stated date by way of and is being sold as Unconditional. Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to the Common Auction Conditions and Extra General Conditions.
Auctioneer Fees and Deposit The following deposits and non-refundable auctioneer fees apply: • 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price.
• Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT.
The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.
There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding.
Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions website.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price.
The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest.
A full definition can be found within the Buyers Terms.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 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
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FAQ
About 204, Broadway, Manchester
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