1-bedroom flat · M4 7LR
For saleListed 481 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to X1 The Plaza, a modern development in the heart of Manchester that has been welcoming residents since 2020.
This architectural gem offers a perfect synthesis of luxurious ambiance, affordability, and an unbeatable location.
Located within the luxury X1 The Plaza development this FURNISHED modern ONE BEDROOM apartment is on the THIRD FLOOR.
On-site gym available for tenant use alongside a CITY VIEW and LARGE PRIVATE BALCONY. X1 Sales is delighted to present this spacious one-bedroom apartment in The Plaza, Ancoats.
This fully furnished property comes with a private balcony and is currently tenanted, generating a strong rental income of £1,095 per month —making it an ideal investment opportunity.
Key Features: Prime Location: Situated in the vibrant Ancoats area, within walking distance to Manchester City Centre. Amenities: Includes access to an on-site gym.
Convenient Transport Links: Just a 5-minute walk to the Northern Quarter, less than 10 minutes to Piccadilly Train Station, and a short stroll to New Islington tram stop.
Furnishings & Fittings: Fully furnished Modern, fully fitted kitchen with a dishwasher Stylish, fully equipped bathroom Additional Information: Council Tax Band: B EPC Rating: B Ground Rent: £470 per annum (subject to increase as per head lease) Service Charge: £2,608.49 per annum Leasehold / Years remaining: 231 Please note: Images depict the exact apartment in its current tenanted condition.
X1 Lettings is a proud member of The Property Ombudsman Redress Scheme and relevant Client Money Protection Schemes.
Images are for illustrative purposes only and MAY show a similar unit within the development. The images MAY not reflect the exact apartment for sale.
Please ask if you would like us to confirm if the images reflect the actual apartment.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
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
FAQ
About 1 Advent Way, Ancoats, M4
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