2-bedroom flat · M1 6BD
Sold STCListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated within the iconic Asia House development on Princess Street , this impressive two-bedroom, two-bathroom apartment combines character, space, and city-centre convenience within one of Manchester’s most recognisable Grade II listed conversions *.
The apartment features a bright and spacious open-plan living and kitchen area , enhanced by high ceilings and large feature windows that flood the property with natural light while showcasing the building’s historic charm.
There are two generously sized double bedrooms , with the principal bedroom benefitting from an en-suite bathroom , alongside a modern main bathroom.
The property is offered furnished , making it suitable for both owner-occupiers and investors seeking a ready-to-move-into city apartment.
A major advantage is the inclusion of one secure parking space in the lower basement , a highly desirable feature in Manchester city centre.
Located in the heart of Manchester city centre (M1 6BD) , Asia House is perfectly positioned for access to Oxford Road, Piccadilly, Chinatown, universities, restaurants, bars, and major transport links , making it one of the city’s most sought-after residential developments.
The exceptionally long 975-year lease further enhances the property’s long-term appeal and security. Property Details Price: £249,000 Tenure: Leasehold Lease Remaining: Approx.
975 years Ground Rent: £150 per annum Service Charge: £3,795 per annum EPC Rating: E Council Tax Band: D Parking: 1 Secure Lower Basement Space Included Call or send an enquiry today to arrange a viewing.
EPC rating: D. Tenure: Leasehold,
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
Agent & docs
FAQ
About 82 Princess Street, Manchester, M1
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