2-bedroom flat · M4 6BU
To rentReduced £20 (−2.1%) on 6 OctListed 153 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
If you're looking to live in the city centre but also save for a deposit, look no further!
Our CHIPS apartments are an amazing Rent To Buy opportunity, where you pay 80% of the market rate, to allow you to save the remaining 20% towards a deposit to get on the property ladder.
** Photos are for illustrative purposes and are of a likeness of the property only, more pictures to follow **.
The CHIPS apartments have a canal side location within a short walking distance into the heart of Manchester city centre. The apartments include open plan living areas and contemporary fittings.
There are two double bedrooms, bathroom, modern kitchen with integrated oven, hob, and fridge freezer.
This development also benefits from lift access to all floors, a communal rooftop sun terrace and bicycle storage.
Please note that the utilities for this development are supplied, managed and administered by Switch2 and they cannot be moved to another provider.
Also the building is undergoing cladding replacement works. The works will be done in six phases around the building and is aiming to be complete by the end of August 2026.
Tenancy - Minimum 12 month Terms. Plumlife is the residential sales and lettings arm of award-winning northern housing group, Great Places Housing Group.
Plumlife enjoys an unrivalled reputation in the residential management arena, having experience of managing all sorts of developments - from small blocks of apartments to large neighbourhoods comprising hundreds of homes.
EPC rating - C Council Tax Band - C ELIGIBILITY CRITERIA This property is a Rent to Home Buy property (RtHB) and is offered at 80% of market rent.
Applicants will need to fill out an online application and meet the criteria for the product.
There are a number of key criteria you will need to meet: * You must not have a household income of £80,000 per annum or more * You must not own another property * You must be in full time, permanent employment * You must be over the age of 18 years old * You must provide proof of address (i.e.
utility bill / bank statement) * You must provide proof if identity (i.e.
passport / driving license) for all applicants if a joint application * You will also be required to pass an affordability check. (This is not a credit check).
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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 Lampwick Lane, Manchester, Greater Manchester, M4
Explore nearby