2-bedroom flat · M50 3AJ
For saleReduced £5.9k (−2.4%) on 27 AugListed 123 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to have for sale this immaculate two bedroom apartment found on the first floor of Ariel Apartments, Salford.
The property comprises of a spacious lounge and kitchen with integrated appliances, two double bedrooms with the master including a large en-suite, there is also a family sized a bathroom with contemporary fixtures and fittings.
No Chain. Ews-1 works pending please check with your lender.
Kitchen / Lounge (3.77 x 7.27 (12'4" x 23'10")) Well equipped kitchen with green tiled splash back, integrated oven / hob, fridge freezer, dishwasher, under cabinet lighting, gloss white wall and base kitchen units with under cabinet lighting.
The lounge has wooden laminate flooring, spot lighting, floor to ceiling double glazed window, electric heater, T.C access points.
Bedroom One (2.65 x 5.01 (8'8" x 16'5")) Fitted carpets, spot lighting, double glazed UPVC window, electric heater, access to en-suite En-Suite (2.03 x 2.51 (6'7" x 8'2")) Part tiled spacious en-suite, glass shower screen, rain attachment with mixer, heated chrome towel rail, fitted mirror, spot lighting, hand wash basin, low level W.C.
Bedroom Two (2.58 x 4.40 (8'5" x 14'5")) Fitted carpets, spot lighting, double glazed UPVC window, electric heater Bathroom (2.53 x 1.96 (8'3" x 6'5")) Partil tiled bathroom, glass shower screen, shower attachment with mixer, low level W.C, hand wash basin, fitted mirror, heated chrome towel rail.
Please Note The block currently has an EWS1 certificate with an A3 rating.
A letter from the developer advises "Grainger plc will not pass on to leaseholders any costs associated with fire remediation works within communal areas as defined within the lease.
The property has a current fire risk assessment in place that considers that interim fire measures are deemed satisfactory." Additonal Information Service Charge - £1,619.28 Ground Rent- Peppercorn Leasehold - 250 years from 2020 EPC Rating- C Council Tax Band- C Managing Agent - Grainger plc Agents Notes To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
Disclaimer Important note to purchasers: The lease, ground rent and service charges should all be checked via the solicitors for clarification.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as guide to prospective buyers only, and are not precise. If floor plans where included, these may not be to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us.
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.
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FAQ
About Apt 105, Ariel Apartments, Salford
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