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See how verdicts work2-bedroom flat · M1 6LQ
For saleListed 1203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lancaster House in Whitworth Street, Manchester, England, is a former packing and shipping warehouse built between 1905 and 1910 for Lloyd's Packing Warehouses Limited, which had, by merger, become the dominant commercial packing company in early 20th century Manchester.
This 7th floor apartment (top floor), consists of a hallway to a bright spacious living area with a moderm fitted kitchen, two bedrooms with a family bathroom.
Lease extention is available for the estimated cost of £7,000 this has been reflected in the properties asking price.
Management company Scanlans Lease 125 years from and including 1 April 1991 Service charge £4500 per year Ground rent included in the service charge Located in Salford, on Bury Street in The Quebec Buildings M3 7DX.
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
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FAQ
About 68, Lancaster House, Manchester
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