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See how verdicts work2-bedroom flat · M50 3BB
For saleListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom water facing apartment within the landmark NV Buildings. Situated on the 7th floor, it offers extremely spacious accommodation with a full-width south-facing balcony.
Secure allocated parking space included. Located in the heart of the Quays close to Metrolink stops and a range of other amenities and with the benefit of a concierge facility.
In need of modernisation but priced to reflect. Offered for sale with no chain. EPC Rating C.
IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
MCC260082/2 7th Floor Entrance Hall Front entrance door with letterbox and spyhole. Two storage cupboards. Heater.
Living Area / Kitchen 8.20 x 5.24 - A very spacious room split into two distinct areas; Living Area Full width windows to the front elevation. Heaters. Wood effect floor.
Spotlights to ceiling. Kitchen Window to the side elevation.
Fitted with a range of wall and base units with work surfaces over incorporating a stainless steel one and half bowl sink and drainer unit with mixer tap. Wood effect floor.
Balcony Full width decked balcony with water views. Bedroom 1 3.44 x 2.85 - Window and door to the front elevation. Wood effect floor. Spotlights to ceiling. Heaters. Built in wardrobes.
En Suite Shower Room Fitted with a white two piece suite comprising; wash hand basin with mixer tap and WC. Large shower cubicle. Heated towel rail. Mirror. Spotlights to ceiling.
Tiled floor and part tiled walls. Bedroom 2 4.19 x 3.15 - Window to the side elevation. Heater. Wood effect floor.
Bathroom 2.27 x 1.91 - Fitted with a white three piece suite comprising; wash hand basin with mixer tap, bath with mixer tap, shower over and screen to the side and WC. Large shower cubicle.
Heated towel rail. Mirror. Spotlights to ceiling. Tiled floor and part tiled walls.
Car Parking According to the land registry property register the apartment comes with a secure and allocated car parking space.
Prospective purchasers should seek clarification from their solicitor. Lease Details / Council Tax The lease is 250 years (less one day) from 01/01/2003. The ground rent for 2026 is £250.
According to the building management company the current annual service charge is £5952.36. Prospective purchasers should seek clarification from their solicitor.
Council tax band E (Salford City Council). Agent's Note All services/appliances have not and will not be tested.
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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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 advisers 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 The Quays, Salford, Greater Manchester, M50
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