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See how verdicts work4-bedroom terraced house · M14 5HJ
No longer listedListed 138 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THE PROPERTY Each of the four apartments is fully self-contained, comprising a kitchen, bathroom, and living room, offering tenants comfortable and independent living.
The communal areas are limited to an entrance hallway and staircase, keeping maintenance responsibilities to a minimum. To the rear of the property sits a small yard and brick external storage area.
The property is currently managed by a local letting agent, making this a truly hands-off investment from day one.
FINANCIAL DETAILS Current monthly rental income breaks down as follows: • Flat 1: £500 pcm • Flat 2: £550 pcm • Flat 3: £650 pcm • Flat 4: £650 pcm Total: £2,350 per month | £28,200 per annum With an asking price of £300,000 and a gross annual income of £28,200, this property delivers a gross yield of 9.4%, significantly above the national average for residential buy-to-let investments, which typically sits between 4–6%.
All four tenants are responsible for their own bills, including council tax, gas, electricity, and water, meaning your rental income is clean with minimal outgoings eating into your returns.
WHY MANCHESTER? Manchester consistently ranks as one of the UK's top cities for property investment, and M14, covering the Rusholme and Fallowfield areas, is particularly compelling.
The postcode sits within easy reach of the University of Manchester and Manchester Metropolitan University, generating sustained demand from students and young professionals year-round.
The area benefits from excellent transport links into the city centre, a vibrant local economy, and continued regeneration investment across South Manchester.
Rental demand in this corridor remains exceptionally strong, with low void rates reported across the area.
For investors seeking reliable, long-term income in a high-demand urban location, M14 continues to outperform many comparable postcodes across the North West.
KEY INVESTMENT HIGHLIGHTS • Asking Price: £300,000 • Gross Yield: 9.4% • Annual Rental Income: £28,200 (£2,350 pcm) • Four self-contained, fully occupied flats • Freehold title • Tenants pay all their own bills • Managed by a local letting agent • Established tenants, some long-term, providing income security • Minimal refurbishment required in some units • Freehold property with no ground rent or service charge obligations • Potential to increase rents upon tenancy renewals, further improving yield A NOTE ON REFURBISHMENT POTENTIAL Some apartments may benefit from light cosmetic updating, presenting a value-add opportunity for an active investor looking to drive rents upward and push yields even higher upon re-let.
SUMMARY Whether you are an experienced portfolio landlord or a first-time investor looking to enter the market with immediate income, 106 Dickenson Road represents a rare opportunity to acquire a fully tenanted, high-yielding freehold block in one of England's most sought-after investment cities.
With strong fundamentals, a clean income structure, and scope to grow returns, this property is priced to sell.
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 advisers 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
Agent & docs

FAQ
About Dickenson Road, Manchester
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