1-bedroom flat · M4 6BX
To rentListed 196 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Deposit free option available. Available 11th may. Fully furnished. Secure parking included. Chips is a development located in New Islington and certainly stands out from the Manchester skyline.
Positioned by a beautiful canal network and set in peaceful surroundings the location is next to the Metrolink stop and close to the Northern Quarter.
This fifth floor apartment comprises; an entrance hallway, open plan living area with sliding door that links to the bedroom, integrated kitchen and a modern bathroom suite.
The building also benefits from a communal roof terrace. EPC Rating C. Right to Rent in the UK checks will be completed before a tenancy can be granted.
All tenants over the age of 18 must provide original relevant identification documents at the point of submitting an application to rent.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 519, Chips Building, New Islington
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