2-bedroom flat · M4 7AT
Sold STCListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***INVESTMENT OPPORTUNITY*** *TENANT IN SITU* *8.3% YIELD* *£1250 PER MONTH* *EXCELLENT VALUE* *669 SQFT* Philip James Manchester are proud to present this fabulous two-bedroom apartment in Albion Works.
The apartment is located on the third floor and has a large balcony spanning the width of the apartment.
This fantastic apartment is currently tenanted, with an impressive 8.3% yield; and let on a fully furnished basis, with all furniture being top quality.
The property itself comprises of an open plan lounge, kitchen, diner; along with two double bedrooms.
The master bedroom not only includes an en-suite wet room, but also boasts a window opening out on to the large balcony area.
The family bathroom is fully equipped with a three-piece bathroom suite and serves the rest of the apartment. A secure allocated parking space is also included.
Service Charge: £2,900 PA Ground Rent: £150 PA Leasehold: 227 years.
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 Pollard Street, Manchester, Greater Manchester, M4
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