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See how verdicts work2-bedroom flat · M1 3HE
For saleReduced £12.5k (−5%) on 21 JunListed 221 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Unbeatable location, 780 sqft two double bedroom apartment on one of Manchester's most famous streets, Canal Street!
Description Savills are delighted to present a simply stunning two double bedroom apartment located in the heart of Manchester City Centre.
Exposed brickwork, high quality fixtures, and an unrivalled location, this apartment is made for luxury living.
The property briefly comprises of an open-plan living and kitchen area with an infusion of exposed brick work and modern fixtures and fittings.
There are two double bedrooms, with the primary bedroom benefitting from an en suite bathroom. The primary bathroom equally enjoys a modern finish.
Secure approach to the block is accessed via coded entry, with a lift accessible via the first floor. Please note that this is currently tenanted at £1425pcm until September 2026.
Please note marketing photographs taken 2018.
Location Situated on the world-famous Canal Street, the apartment is walking distance to all major bus, tram and train links (Manchester Piccadilly station 0.2m) ideal for commuting in and around the city and further afield.
Canal Street also enjoys a rich social history, and encapsulates the beating heart of Manchester's vibrant nightlife with an array of restaurants and bars nearby (within 0.1m) green spaces (Piccadilly Gardens 0.3m), tied in with a peaceful canal setting.
You are also not far from sport and entertainment options.
Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2.8m and 1.7m away respectively.
For cultural activities locally, Canal Street (0.1m) offers a variety of leisure and nightlife events. Please note all distances quoted are approximate.
Square Footage: 780 sq ft Leasehold with approximately 116 years remaining. Additional Info Ground rent review method: In line with rpi every 10 years, first review date 2026.
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
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FAQ
About Apartment 5, 1a, Canal Street, Manchester
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