2-bedroom flat · M4 4HB
For saleReduced £15k (−8.6%) on 21 JunListed 256 days
Opportunity summary
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About
Investment only untill December 2026 achieving £1050 pcm with hugh scope for improvement.
Parkers Apartments is located at the southernmost end of the Green Quarter and positioned closest to Victoria Station and The Printworks.
The Printworks & the noma regeneration are, the well-proportioned apartment is excellently positioned to enjoy all that the City has to offer!
The accommodation briefly comprises: Entrance hallway, open plan living room, integrated kitchen, two double bedrooms, en-suite shower room and three piece bathroom suite.
Leasehold 999 years from 1 January 2005 Ground Rent £150 per year Service Charge £1600 per year both paid to Amicrest (Parkers Apartments) Ltd Located on the second floor of the Parkers apartments on Corporation Street Manchester M4.
Hall (0m x 0m) Front . Storage heater, laminate flooring, built-in storage cupboard, painted plaster ceiling, ceiling light.
Living Area (3.86m x 3.86m) UPVC front double glazed door, opening onto a balcony. Double glazed uPVC window facing the front.
Electric heater, laminate flooring, painted plaster ceiling, ceiling light.
Roll edge work surface, fitted units, stainless steel sink, one and a half bowl sink and with mixer tap, integrated, electric oven, integrated, electric hob, stainless steel extractor, integrated standard dishwasher, integrated fridge/freezer.
Bedroom 1 (3.3m x 3.3m) Double bedroom; double glazed uPVC window facing the rear. Electric heater, laminate flooring, ceiling light.
En-Suite Bathroom (1.6m x 1.58m) Tiled flooring, tiled walls, painted plaster ceiling, ceiling light. Low level WC, single enclosure shower, pedestal sink, extractor fan.
Bedroom 2 (3.61m x 2.59m) Double bedroom; double glazed uPVC window facing the front. Electric heater, laminate flooring, painted plaster ceiling, ceiling light.
Bathroom (0m x 0m) Heated towel rail, tiled flooring, tiled walls, painted plaster ceiling, ceiling light.
Low level WC, roll top bath with mixer tap, shower over bath, pedestal sink with mixer tap, extractor fan. Balcony (0m x 0m) A front aspect balcony.
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About 17,, Parkers Apartments, Manchester
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