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See how verdicts work2-bedroom flat · M4 6DH
Sold STCListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this superb two bedroom, two bathroom apartment, ideally positioned on the 8th floor of the award winning Islington Wharf development, in the heart of vibrant Ancoats.
This beautifully presented apartment features a spacious openplan kitchen and living area, enhanced by floor-to-ceiling windows that flood the space with natural light and offer impressive views across the city skyline.
The contemporary kitchen is fully integrated and finished to a high standard, complete with a stylish island and wood veneer worktop, perfect for both everyday living and entertaining.
The property comprises two generous double bedrooms, including a stunning principal bedroom with a modern en-suite shower room featuring a walk-in shower.
The main bathroom is equally well-appointed, finished with sleek grey ceramic tiles and a shower over the bath.
Islington Wharf is perfectly situated along the Ashton Canal in Ancoats, one of Manchester"s most desirable and sought-after neighbourhoods.
A scenic 10-minute walk along the canal leads directly to Piccadilly Train Station, while Cutting Room Square, with its excellent selection of bars, restaurants, and cafés, is just a 5 minute stroll away.
The development also benefits from close proximity to Ancoats Marina, home to the renowned Pollen Bakery and a variety of independent eateries and coffee spots.
The surrounding landscaped canal paths provide a peaceful green space right on your doorstep.
The property is being sold with tenants in situ, offering an excellent opportunity for investors seeking a ready-made rental with immediate income - Currently let at £1,300pcm
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 Great Ancoats Street, Manchester, M4 6DH
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