1-bedroom flat · M3 7GB
For saleListed 371 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
1 bedroom luxury residential apartment *Local Blackfriars!
An excellent, homely and welcoming 16th floor one bed apartment with North West facing which is located in the ever-popular Local Blackfriars in the heart of City Centre.
Just five minutes walk from Manchester's bustling shopping district. Selfridges, Harvey Nichols, the deathlessly hip Northern Quarter and the glossy nightlife of Deansgate and Spinningfields.
Located on the inner ring road and convenient for all the amenities of the City Centre & Victoria Rail Station.
The innovative design of the Local Blackfriars 1-bed apartments offers residents and owners a neat living-space for optimal comfort.
Upon entering Block B at Local Blackfriars, one's sense of smell is immediately awakened by a welcoming fragranced Lobby.
This fabulous apartment, comprises a designed open plan living kitchen, fully fitted with integrated appliances including electric oven, electric hob, integrated dishwasher, washer dryer, fridge freezer, bar table with storage and floor-to-ceiling windows.
Designed with relaxation in mind, the bathroom can also be accessed as an En Suite. Bedroom with a perfectly fitted wardrobe.
24/7 Concierge, bistro, fully-equipped gymnasium, yoga and dance studio, cinema room and fully equipped laundrette.
The newly refurbished exquisite Blackfriars Pub is right on the doorstep to the Local Blackfriars development. Easy for you to enjoy a few pints and then be able to walk home safely.
Additional Information: Asking price: £250,000 included furniture - EPC Rating C - Council Tax Band C - Ground Rent & Service Charge please check with consultant - 16/F top floor - 250 years lease from 2019 The apartment is currently tenanted until May 2025.
- Local Authority: Salford City Council - EWS1 Form available!
***Disclaimer*** Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing.
If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment.
We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
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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
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