1-bedroom flat · M3 4NJ
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Julie Twist Properties are delighted to welcome to the market this lovely top-floor apartment located just off Deansgate on Southern Street.
The property offers a bright, open-plan kitchen & living area with floor-to-ceiling windows allowing floods of natural light to fill the room.
There is a generously sized bedroom, a three-piece bathroom suite with access to a storage cupboard and an entrance hallway.
2 Southern Street is located on the doorstep of Deansgate, and Deansgate train station and Metrolink stop are also a few minutes' walk, offering great transport links within a very close proximity.
The Museum of Science & Industry is across the road as well as the historic Roman Forts and Castlefield Bowl.
There is also an array of bars, restaurants and shops on your doorstep, meaning you are never short of places to go!
General: Rental Yield: 7.12% (Based on expected rental price of £950pcm) Service charge is £1601 per annum Ground Rent: £250 per annum Ground Rent Review Period: Fixed Lease: 999 years from 1 July 2006 Square Footage: 353 sq.ft /32.8 sq.m Council Tax Band: B Management Company: S Kershaw & Sons Hallway The entrance hallway has tiled flooring and ceiling lights and provides access to the open-plan kitchen/living area, bathroom and bedroom.
Living Area Double-glazed floor-to-ceiling windows spanning the full length of one wall, wood effect flooring, phone/TV point and ceiling light.
Kitchen Open-plan to the living area, the kitchen comprises wall and base units, integrated fridge and freezer, integrated washing machine/dryer, built-in oven with four-ring hob and extractor over, stainless steel sink with mixer tap and drainer, wood effect flooring, spotlights and extractor.
Bedroom Double-glazed, floor-to-ceiling windows, carpeted flooring, wall-mounted heater and ceiling light.
Bathroom Accessed via the hallway, a three-piece bathroom comprising a shower cubicle, WC, sink with mixer tap, heated towel rail, tiled walls, tiled flooring, extractor, spotlights and access to a storage cupboard housing the boiler.
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
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FAQ
About Apartment 15, 2 Southern Street, Manchester
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