1-bedroom flat · M5 4YW
For saleReduced £5k (−2.6%) on 23 SepListed 65 days
Opportunity summary
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About
A lovely one bedroom apartment located on the top floor of the Middlewood Locks development.
The apartment has a high specification throughout and includes; open plan living/kitchen area, double bedroom, private balcony and communal garden.
The development is situated just off Middlewood Street, only a short walk away to Manchester City Centre, where you have access to the transport links along Deansgate and Salford Central.
The property also benefits from being a 10 minute walk away from the local shopping park, Regent Retail Park. This property is being offered on a chain free basis and is now vacant!
The Tour Living Area – Enter into a spacious open-plan living area featuring wood-effect vinyl flooring, a video intercom system, and a full-height double-glazed window panel leading to a generously sized balcony.
Kitchen – The contemporary kitchen is fitted with a range of wall and base units with soft-close hinges, stylish splashbacks, white quartz composite worktops, and LED downlighting.
Integrated appliances include an induction hob with extractor hood, dishwasher, microwave, full-size fridge and freezer, and an undermount stainless steel sink with a chrome mixer tap.
Double doors open to a utility cupboard housing the washer-dryer. Bedroom – Features carpeted flooring, a large fitted wardrobe, and a floor-to-ceiling double-glazed window panel.
TV and satellite points are also provided. Bathroom – Finished with porcelain tiled flooring, partially tiled walls, and recessed ceiling spotlights.
The white bathroom suite comprises a large walk-in rain shower, Vitra wall-hung WC and basin with Hansgrohe chrome brassware, an electric heated towel rail, illuminated wall-mounted mirrored cabinets with LED lighting, and a vanity unit.
The Area Middlewood Locks is a vibrant, award-winning mixed-use neighbourhood that brings together the very best of Manchester and Salford.
Ideally positioned alongside the canal and within walking distance of the highly desirable Castlefield and Spinningfields districts, it offers an outstanding setting for modern city living.
From the independent bars and restaurants lining Chapel Street to the boutiques, cafés, and amenities of Spinningfields, Middlewood Locks places a wealth of lifestyle and leisure options right on your doorstep.
Its prime location provides easy access to some of Manchester’s most established and fast-growing neighbourhoods.
Lease Information Length of lease - 999 years from 2018 Service charge - £1969.76 pa including building insurance Ground rent - £200pa. Reviewed with rpi every 10 years EWS1 Form available - B1 Rated
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.
Area
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About B707, Middlewood Locks, Salford
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