Modern Method of Auction
Auction date not yet published
1-bedroom flat · M5 4LW
For saleReduced £5k (−5.9%) on 25 JulListed 247 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*available via modern auction.* Auction date -tbc Welcome Fusion Core 1, a charming one-bedroom apartment found on the 1st floor, located on Middlewood Street in Salford.
The apartment comprises of a lounge and kitchen with integrated appliances and a Juliet balcony. A double bedroom with fitted carpets.
Modern family sized bathroom with contemporary fixtures and fittings. Ews-1 In place. Currently Rented at £800pcm.
Auctioneers Comments This property is for sale by the Modern Method of Auction, meaning the buyer and seller are to Complete within 56 days (the "Reservation Period").
Interested parties personal data will be shared with the Auctioneer (iamsold). If considering buying with a mortgage, inspect and consider the property carefully with your lender before bidding.
A Buyer Information Pack is provided. The winning bidder will pay £349.00 including VAT for this pack which you must view before bidding.
The buyer signs a Reservation Agreement and makes payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This is paid to reserve the property to the buyer during the Reservation Period and is paid in addition to the purchase price. This is considered within calculations for Stamp Duty Land Tax.
Services may be recommended by the Agent or Auctioneer in which they will receive payment from the service provider if the service is taken. Payment varies but will be no more than £450.00.
These services are optional. The Building Situated in Salford, this apartment benefits from excellent transport links and local amenities, making it a convenient base for both work and leisure.
Whether you are looking to explore the cultural offerings of the city or enjoy the nearby parks, this location has something for everyone.
Hallway Fitted carpets with built in storage cupboard housing hot water system.
Kitchen / Lounge (3.82 x 6.66 (12'6" x 21'10")) Wall and base unit with stainless steel sink unit, oven, hob and extractor. Tiled floor and part tiled walls. Upvc double doors to Juliet balcony.
Laminate flooring and electric. Bedroom (3.99 x 2.56 (13'1" x 8'4")) Fitted Carpet, Spot Lighting, Electric Power Sockets, UPVC Window.
Bathroom (2.67 x 1.81 (8'9" x 5'11")) Three piece white suite with shower attachment, w.c and wash hand basin. Part tiled walls, tiled floor and heated towel rail. Externally Communal Garden Area.
Additional Information Service Charge: £3,183.36 Lease: 150 year from 2004 Ground Rent: £413.00 Council Tax Band- A EPC Rating- C Agents Notes To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
Value & comps
No previous sales on record.
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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 starting price
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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 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
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FAQ
About Apt 4, Fusion Core 1, Salford
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