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See how verdicts work2-bedroom flat · M50 3YH
For saleReduced £40k (−17.4%) on 25 OctListed 282 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ideally located on the first floor of this popular, gated development in The Quays, this spacious two bedroom property enjoys a waterside view, allocated parking and is offered to the market with no upward chain.
Upon entering the property, the entrance hall provides access to a spacious reception room, with juliet balcony and ample space for both living and dining.
A sliding door leads to the separate kitchen, which comprises; selection of wall and base units, sink with drainer, oven with hob, integrated fridge and space for applicances.
There are two comfortable double bedrooms with plenty of space for storage. The bathroom comprises; bath with shower over the top, wash hand basin and WC.
Externally, the property benefits from allocated parking. See our virtual tour online and get in touch to arrange a viewing!
Key details: Lease Length - 221 years 11 Months remaining Service Charges - £1300 PA Ground Rent - £100 Secure Parking EPC - C Council Tax Band - D
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 Labrador Quay, Salford, Greater Manchester
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