1-bedroom flat · M4 7LS
For saleListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled within the prestigious X1 The Plaza development, this exquisite furnished one-bedroom apartment offers a modern living experience on the fourth floor.
Spanning a generous 50 square feet, the property boasts a delightful city view and a private balcony, perfect for enjoying the vibrant atmosphere of Manchester.
The apartment is ideally situated within walking distance of Manchester City Centre, making it a prime location for those who appreciate urban living.
Just a five-minute stroll will take you to the trendy Northern Quarter, renowned for its eclectic mix of shops, bars, and eateries.
Additionally, Piccadilly train station is less than ten minutes away, providing excellent transport links, while the New Islington tram stop is also within a short walking distance.
This property is currently rented at £1,100.00 per month until 21st August 2024, making it an attractive option for investors.
The leasehold has an impressive 232 years remaining, and the apartment holds an EPC rating of B, ensuring energy efficiency.
The annual service charge for 2024 is £2,029.12, with a ground rent of £350.00 per annum, subject to a five-year RPI review on 31st December 2024.
Residents of X1 The Plaza enjoy access to an on-site gym and overnight security, adding to the convenience and peace of mind.
The apartment is fully furnished and features a well-equipped kitchen, complete with a dishwasher, and a stylishly fitted bathroom.
Please note that while the lease, ground rent, and service charge details have been provided by the seller, their accuracy cannot be guaranteed.
It is essential to verify these details with your solicitor should you decide to proceed with the purchase of this remarkable property.
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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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 advisors 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 Modern 1B1B Apartment | Advent House | Manchester M4|N148920
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