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See how verdicts work2-bedroom flat · M1 2FT
For saleListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning 15th floor, two bedroom apartment with a sizeable balcony in the popular Oxygen Tower development.
Description *Vacant possession, owner occupiers welcome!* Savills are delighted to present this well-appointed two bedroom apartment on the 15th floor of the sought after Oxygen Tower development.
The accommodation briefly comprises an open plan living, dining and kitchen area, creating a bright and comfortable living space.
The modern kitchen is fitted with a range of integrated appliances, while access to a private balcony provides impressive views across the city.
Both bedrooms are well-proportioned doubles, with the principal bedroom benefiting from a modern three piece en suite shower room.
Further, a separate three piece bathroom and useful utility cupboard complete the accommodation.
Residents of Oxygen Tower enjoy access to an excellent range of on-site facilities, including a 25 metre swimming pool and spa, gymnasium, spin studio, private cinema room, residents' lounge and 24-hour concierge service.
With an M1 location, this apartment presents an excellent opportunity for both owner occupiers and investors seeking a modern home within a well-established development.
EWS1 form available with A1 rating completed May 2021! Location Oxygen Tower sits in a fantastic Ancoats location with ease of access to all Manchester has to offer.
Piccadilly Gardens tram stop is located close by for travel in and around the city (0.6m), whilst Piccadilly station offers excellent rail connectivity across the UK (0.6m).
Grocery shopping for essentials is provided easily thanks to the nearby Ancoats General Store (0.4m) and the Aldi superstore (0.3m).
General shopping, restaurants and bars are in abundance thanks to the Ancoats location, and close proximity to Northern Quarter.
Mana (Michelin Star restaurant - 0.5m), Rudy's Neapolitan Pizza (0.4m), Canto (0.4m), The Crown & Kettle (0.5m) are situated close by to name a few! For sport and entertainment.
Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2.7m and 1.2m away respectively.
The Manchester Velodrome, part of the National Cycling Centre is also 1.7m distance, whilst Manchester tennis and racquet club also offers superb options for a variety of racket sports, including tennis, padel and squash to name a few, and is located only 1.4m distance.
Please note all distances quoted are approximate. Square Footage: 733 sq ft Leasehold with approximately 245 years remaining. Additional Info Ground rent is reviewed in line with rpi every 5 years.
Next review is 2031. We are advised the building insurance is a separate £442 per annum.
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.
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FAQ
About Flat A1505,,, Oxygen Tower, Manchester
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