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See how verdicts work2-bedroom flat · M3 6GF
For saleListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom, two bathroom apartment in the stunning Alto development! Description Savills are proud to present this two bedroom apartment in the popular Alto development.
This fantastic two double bedroom apartment is a must see. It briefly comprises of two generously sized double bedrooms, with the main bedroom benefiting from an en suite.
There is also a spacious open plan living/dining area, fully fitted kitchen complete with integrated appliances, and a modern three piece suite main bathroom.
Alto provides a stylish, urban living experience.
Well located, situated on the doorstep of the lively Spinningfields district and close to Manchester's key attractions, shops and eateries, Alto offers a truly connected, city centre location.
The development itself also benefits from beautiful landscaped gardens.
Located between Trinity Way and Chapel Street, a short distance from the city centre, the development comprises four apartment blocks, varying in height from 6 to 18 storeys and totalling 327 apartments in all.
The property is currently tenanted on a monthly rolling contract, owner occupiers are therefore welcome to enquire. EWS1 Available!
This property has cladding, as far as we know the current position with the property is: ‘It’s been tested and there are no works required’ * You should make enquiries about the external wall system of the property, if it has cladding and if it is safe or if there are interim measures in place.
Location Well located between Trinity Way and Chapel Street, a short distance from the city centre, Alto is positioned close to the lively Spinningfields district (0.5m), and has easy access to a variety of Manchester's key attractions.
Deansgate provides a variety of shops and eateries (0.6m), whilst there is also good connectivity in the form of Salford Central (0.2m), and Victoria stations (0.8m).
Sports and entertainment are within easy reach also.
Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2.4m and 2.7m away respectively.
For cultural activities, locally residents are only 0.8m from Castlefield Bowl which often hosts an array of food festivals and music gigs. Please note all distances quoted are approximate.
Square Footage: 684 sq ft Leasehold with approximately 239 years remaining.
Additional Info Ground rent review method: The next review date is 1 January 2034 then every tenth anniversary of this date in line with rpi. Building insurance: £603.83 per annum
Value & comps
No previous sales on record.
Returns
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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 Alto, 14D, Alto, Salford
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