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See how verdicts work2-bedroom flat · M50 2BA
For saleReduced £15k (−9.4%) on 23 OctListed 53 days
Opportunity summary
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About
This superb two bedroom, two bathroom apartment is located on the 11th floor of the Number One building in MediaCityUK.
This development represents one of the largest redevelopment programmes in the North West and the creative hub and new home of the BBC and itv.
The location for this apartment is extremely convenience for people looking to have access to transport link, with the MediaCityUK metrolink only a 5 minute walk away and Salford Quays only a 10 minute stroll down the waterfront where many bars and restaurants are located.
Vacant possession.
The Tour Situated on the 11th floor, you enter via a wooden front door into a spacious L-shaped reception hallway, with walnut wooden flooring, built in storage cupboard housing Zanussi washer dryer and broadband router, video entry phone system, electric panel radiator, downlights and doors radiating to the rest of the accommodation.
Living/Kitchen area: Walnut wooden flooring, electric radiator, Peel Media entertainment points for TV, satellite, FM/DAB and telephone.
Double glazed sliding patio doors with superb views over Salford Quays and back across the skyline of Manchester.
The kitchen is fitted with a range of wall and base mounted units with complimentary work surfaces and tiled splashbacks.
Integrated Electrolux fridge freezer, built in stainless steel Zanussi electric oven with four ring halogen hob and integrated extractor hood.
Stainless steel sink and drainer unit with mixer tap, under unit lighting. Electric radiator, downlights and air extractor unit.
Bedroom 1: Carpeted, double glazed window, downlighting and electric radiator. Bedroom 2: Carpeted, floor to ceiling double glazed window, downlighting and electric radiator.
En-suite: Fully tiled walk in shower cubicle with glass privacy screen, WC and hand wash basin, display shelf with vanity mirror over, heated towel rail, downlighting and air extractor unit.
Bathroom: Fitted with white three piece suite incorporating panelled bath with shower fitted over, WC and hand wash basin, benefits from being fully tiled, heated towel rail, downlighting, air extractor unit and display shelf with mirrored storage cupboard over.
The Area MediaCityUK has become one of the most sought after places to live for both buyers and tenants.
Located in Salford Quays and home to the BBC, itv and Salford Universities Media Department as well as many more media and creative companies.
MediaCity is a short walk to Old Trafford football ground and a very short commute back in to the City Centre or Hope Hospital, and benefits from its very own tram stop.
Lease Information Leasehold: 250 years from 2010. Service Charge: Approx £3700 per annum. Ground Rent: £327.60 per annum. EWS1 B1 Rated.
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About 1105 Number One, MediaCityUK, Salford
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