1-bedroom flat · M5 4YQ
Sold STCListed 489 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*MUST VIEW 1 BEDROOM APARTMENT* Modern, beautifully presented 1-bedroom apartment located in the stunning Middlewood Locks.
Situated in a prime location with easy access to local amenities, transport links, and green spaces, this property offers the perfect blend of comfort and convenience.
You will also be within walking distance of Deansgate and Spinningfields which are home to some of the best restaurants, bars, and shopping centres in Manchester.
This stylish property boasts a spacious living room with large windows providing ample natural light, a contemporary fitted kitchen with integrated appliances, and a sleek bathroom with modern fixtures.
The bedroom is generously sized and offers a peaceful retreat from the hustle and bustle of city life.
The apartment also benefits from a private balcony, perfect for enjoying morning coffee or evening sunsets overlooking the canal which leads onto the River Irwell.
Residents have access to well-maintained communal gardens, ideal for relaxation or social gatherings. Don't miss the opportunity to make this modern apartment your new home.
Contact us today to arrange a viewing.
Lease details - 992 years left - Service charge - £170 per month - Ground rent - £200 per annum - EWS1 - B1 rating Council tax - B EPC - B Lease Years Left: 992 Date the lease started: 01/07/2018 Service Charge Amount: £170 per month Frequency of payment: Quarterly Review Date: 1st January Building Insurance cost : Included the service charge Ground Rent Amount: £200 Frequency of payment: Yearly Review Date (Please also confirm if the ground rent doubles at any time or not): 2028 & No Parking (if applicable) Additional parking costs or included within Service Charge: N/A EWS1 Form (External Wall Safety) Rating: B1 Please attach/ provide form if available?
Please see attached If no EWS1 Form, what is the status of the government application for funding/ timescales of the works to be completed?
N/A Is there anything else to disclose about the property that may affect a mortgage buyer or buyer to proceed with the property? None
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
FAQ
About 11 Lockside Lane, Salford, Manchester, M5
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