1-bedroom flat · M13 0HX
Sold STCListed 109 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Chain free One double bedroom, ideal for first time buyers/couples and investors.
Melrose Apartments is in a fantastic location on Hathersage Road with easy access to the A34, Wilmslow Road and Oxford Road.
Located directly opposite the mri hospital, it is within walking distance to both Universities and only one mile to the City Centre and Piccadilly train station.
It is surrounded by an array of shops, food outlets, and bars including Superdrug and Tesco express.
The accommodation briefly comprises; A welcoming hallway with access to all accommodation, the open plan designed Living/Dining area also provides access to the shared balcony and a fitted kitchen.
The double bedroom benefits from fitted wardrobes and is served by the wet room. Not to be missed and viewing is highly recommended!
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 3, Melrose Apartments, 159, Hathersage Road, Greater Manchester
Explore nearby
.png){kind=logo}
