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See how verdicts workProperty · M4 4AD
For saleReduced £1k (−7.4%) on 21 JunListed 700 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Secure parking space for sale. We have a secure open air space available and a secure under cover space to choose from.
Superb investment or perfect for owners within the 1,000 apartments that make up the Green Quarter.
Achievable rent £100 - 120 pcm Lincoln Gate is positioned neighbouring the Green Quarter and is easily accessible from the many residential apartments that form to make the popular area.
The parking is also a short 5 minute walk from The Printworks, Victoria Train Station and Market Street beyond.
With parking spaces selling for £20,000 in the New Hallmark development and many other newbuild sites, these prices represent great value with capital appreciation to be expected as the area is further engulfed within the city centre with further roads 'yellow lined' to be expected with such growth.
The Green Quarter made The Times Coolest Places to Live in the UK' list in 2018 and does not disappoint.
With popular hangout spots, including Sadler's Yard, which is a sun trap in the summer and is a venue for small craft festivals and events throughout the warmer seasons.
£40 service charge per month £5 ground rent per year 999 year lease from 2003 nb: Disclosure of interest.
A director of Cherry Picked Properties Ltd is also a director of the company selling the parking spaces.
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
Agent & docs
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FAQ
About Car Parking Space At 39 Lincoln Gate,, Red Bank, Manchester
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