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 house · M3 5LJ
Sold STCReduced £5k (−1.2%) on 3 MarListed 410 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** IMPECCABLE THREE BED TOWNHOUSE WITH PRIVATE TERRACE & SECURE PARKING SPACE ** Forming part of the highly regarded Atelier development in a convenient location parallel to Chapel Street on the outskirts of Manchester city centre is this beautifully presented mid terrace residence.
Spread over three floors, the well proportioned family home offers over 1100 square foot of stylish accommodation which has been tastefully decorated by the current owner.
It boasts a sizeable terrace, high quality fixtures and fittings and generous storage space.
Atelier is a fabulous addition to Chapel Street and stands within an exciting part of the city which is home to a selections of restaurants, coffee shops and retailers.
Internally, the property offers an inviting entrance hallway with under stairs storage, a bright double bedroom, fully tiled shower suite with thermostatic shower and access to the communal car park.
To the first floor there is an expansive open plan living space with Amtico flooring, access to the terrace and a stylish kitchen diner with Zanussi appliances including oven, ceramic hob and integrated fridge freezer.
On the second floor is the master bedroom with fitted wardrobes, a luxury bathroom suite with ceramic tiling, third double bedroom and large utility cupboard.
The house includes one under croft car park space with EV charging point and is located directly outside the rear of the house in the access controlled car park.
EPC Rating (B) Lease: 250 years from 2021 Ground Rent: Peppercorn Service Charge: £1,120.64 P.A.
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 North Star Drive, Salford
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