1-bedroom flat · M25 9SN
For saleReduced £10k (−15.4%) on 13 OctListed 240 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented one-bedroom apartment has been fully refurbished within the last five years and is offered with vacant possession and no onward chain, making it an ideal first-time purchase or an excellent buy-to-let investment opportunity.
With a potential rental income of approximately £800 per calendar month, the property offers an impressive gross yield in the region of 8.7%, appealing to investors seeking strong returns.
Internally, the apartment features a welcoming open-plan living space leading into a modern kitchen area, creating a bright and sociable layout.
There is a separate shower room and a generously sized double bedroom positioned to the rear of the property. The building itself is well-presented and represents a charming period conversion.
Comprising just ten self-contained apartments, the block is well maintained, with residents taking pride in upholding high standards throughout.
Perfectly positioned on the border of Kersal Moor, just a short distance from Moor Lane and Bury New Road, the apartment enjoys a highly convenient location.
Residents can take a pleasant stroll into the village or benefit from excellent transport links providing easy access into the city centre and beyond.
Value & comps
No previous sales on record.
Returns
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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 Apartment 5, 57, Kersal Road, Manchester
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