2-bedroom flat · M5 4ZE
For saleListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to present this exquisite 2-bedroom, 2-bathroom apartment located on the 3rd floor of a modern building on Hulme Street.
This residence offers a perfect blend of comfort and style, making it an ideal choice for both personal living and investment opportunities.
The kitchen is fully equipped to meet all your culinary needs, and the living spaces are furnished to a high standard, ensuring a welcoming atmosphere.
The spacious double bedrooms feature floor-to-ceiling windows, allowing natural light to flood the rooms, creating a bright and airy environment.
For those considering this property as an investment, the apartment generates a gross yield of 5%, with a promising projected future yield of approximately 6.4% for the next tenancy.
Residents will enjoy a wealth of amenities, including a swimming pool, spa, sauna, well-equipped gym, cinema, roof terrace, and co-working space.
A 24-hour concierge service is available to cater to your needs, ensuring a convenient lifestyle. The nearby River Irwell offers picturesque walking and jogging paths, perfect for outdoor enthusiasts.
Convenience is key, with Tesco Express and Sainsbury’s just a 5-minute drive away, and Trinity Medical Centre within a short 3-minute walk.
Access to Manchester City Centre is swift, taking only about 8 minutes by car or 15 minutes via public transport.
This property is leasehold with 246 years remaining, a ground rent of £250 per year, and a service charge of £3063.24 annually. The current rent stands at £1500 per calendar month until July 14, 2024.
The EPC rating is B, and the Council Tax Band is C.
Please note that the lease, ground rent, and service charge details have been provided by the seller and should be verified by your solicitor upon proceeding with the purchase.
This apartment is offered with no chain, making it an attractive option for prospective buyers.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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
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FAQ
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