2-bedroom flat · M5 4ZB
Sold STCListed 392 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Parello are delighted to market for sale one of the largest two-bedroom apartments in the sought-after Local Crescent development, Manchester.
Spanning 931 sqft (87 sqm), this property offers over 20% more space than the typical 2-bed units in the complex, many of which average just 700 sqft.
Experience elevated city living with exclusive access to superb amenities including an onsite gym, swimming pool, sauna, and private cinema room.
The apartment features: A spacious open-plan living and kitchen area, highlighted with great city views and generous countertop space Fully integrated appliances included as standard Direct access to a private balcony from the living area Large unit 931sqft/87sqm Accommodation includes: Two double bedrooms, both with fitted wardrobes A stylish en-suite to the principal bedroom spacious main bathroom Abundant natural light flows throughout the property, thanks to expansive windows in the living area, hallway, and bedrooms—creating a warm and welcoming atmosphere.
EWS1 Form Available. Regarding cladding: the property has been tested and, to the best of our knowledge, no remedial works are required. Tenant in situ until May 2026.
Contract Parello today to secure a viewing. EPC Rating: B
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.
Area
Agent & docs
FAQ
About Hulme Street, Salford, M5
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