We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work3-bedroom flat · M9 8QD
Listing removedListed 244 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD WITH A TENANT IN SITU, A WELL PRESENTED THREE BEDROOM, TWO BATHROOM DUPLEX APARTMENT, LIFT ACCESS, ALLOCATED PARKING WITH ACCESS TO A GOOD RANGE OF LOCAL AMENITIES.Andrew Kelly and Associates are delighted to offer for sale, with a tenant in-situ (rent currently paid at £1,200 per month), a THREE BEDROOM, TWO BATHROOM DUPLEX APARTMENT situated within the Lakeside Rise development which is located close to Manchester city centre and within easy reach to Bowker Vale Metrolink station providing links to Prestwich, Bury and Middleton.
The property has great access to a good range of local amenities including shops, schools, bars and restaurants.
The apartment benefits from double glazing throughout and electric heaters and briefly consists of an entrance hall, two double bedrooms, open plan kitchen, dining room and lounge.
To the first floor there is a further hallway and a double bedroom with en-suite shower room and a private balcony.
Externally, there are well maintained communal areas with allocated parking and visitor parking available.
VIEWINGS COME HIGHLY RECOMMENDED TO FULLY APPRECIATE THE PRESENTATION AND LOCATION OF THE ACCOMMODATION ON OFFER.
Ground Floor Hall Storage cupboard, door to first floor Kitchen/Dining Room/Lounge 20' 2'' x 10' 4'' (6.14m x 3.15m) Two side facing Upvc double glazed windows, fitted wall and base units with complementary worktops, inset sink, tiled splashback, space for cooker, washing machine and fridge freezer, integrated extractor, laminate flooring and electric heater.
Bedroom Three 12' 11'' x 8' 10'' (3.93m x 2.69m) Rear facing Upvc double glazed window, fitted wardrobe and electric heater.
Bedroom Two 12' 11'' x 8' 10'' (3.93m x 2.69m) Rear facing Upvc double glazed window, laminate flooring and electric heater.
Bathroom 5' 8'' x 6' 10'' (1.73m x 2.08m) Bath with overhead shower, tiled splashback, WC, wash hand basin and vinyl flooring.
First Floor Hall 5' 10'' x 17' 7'' (1.78m x 5.36m) Two storage cupboards Bedroom One 17' 2'' x 9' 10'' (5.23m x 2.99m) Two side facing Upvc double glazed windows and door onto the private balcony, laminate flooring and heater.
En-suite 4' 11'' x 6' 7'' (1.50m x 2.01m) Shower cubicle, tiled splashback, WC and wash hand basin.
Externally There are well maintained communal areas, allocated car parking and visitor car parking. Information Council Tax Band EPC Rating Management fee - £143 per month
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.
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About Lakeside Rise, Manchester
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