1-bedroom flat · M15 4JT
For saleReduced £10k (−5.7%) on 11 JulListed 701 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the highly regarded City Gate development in Castlefield, this bright and spacious one-bedroom, one-bathroom apartment offers modern city living moments from Deansgate The property comprises a generous open-plan living and dining space with floor-to-ceiling windows , allowing excellent natural light throughout.
The modern kitchen features integrated appliances and a convenient breakfast bar / dining area , perfect for entertaining or home working.
A standout feature is the private balcony , accessible from the living room and looks into the bedroom too, providing an ideal outdoor space with open city views across the Deansgate–Chester Road roundabout.
The double bedroom is well-proportioned and includes space for wardrobes, while the bathroom is presented in great condition with a full-size bathtub and contemporary fittings.
Further benefits include a secure entry system , lift access, and ample on-street parking nearby, with the option for secure allocated parking available to rent separately within the development.
This property is offered at £200,000 and is currently tenanted until June 2026 , generating £950 per calendar month , making it an excellent buy-to-let investment with immediate income.
Lease expiry: 22 December 2150 (approx.
125 years remaining ) Ground rent: £121.58 per annum Service charge (2025 budget): £636 per quarter EPC: B Council Tax: Band C Total floor area: 67 sq m Call or send an enquiry today to arrange a viewing or request further details.
EPC rating: B.
Value & comps
No previous sales on record.
Returns
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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
FAQ
About 34, City Gate, 1 Blantyre Street, Manchester
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