2-bedroom flat · M4 2AD
For saleListed 239 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A unique opportunity to secure a 2 bedroom apartment in the sold out Falcon, Red Bank Riverside development that is leading forward the UK's most exciting urban regenerations.
Description Falcon is the first ground breaking development in the highly anticipated Red Bank neighbourhood one of seven new neighbourhoods in the Victoria North regeneration, the largest regeneration of its kind in the North's history.
The development will offer a selection of contemporary one, two and three bedroom apartments benefitting from floor to ceiling windows that will allow for natural light and open aspects.
The spacious open plan layouts will feature high quality appliances and modern finishes in a neutral palette so residents are free to make their spaces their own.
As well as 24 hour concierge services residents will also benefit from The Club House, a six storey residents only amenities building which will cater for every wellness, working and social need including a fitness suite, bar & restaurant, private dining spaces and co working lounge along with more amenities yet to be released.
Falcon is perfectly placed for those seeking for a blend of open space and city living, set in prime position where the thriving city meets the calming waterfront of the River Irk and awaited 113 acre City River Park.
Adjacent to Falcon the City River Park will be Manchester's most extensive natural asset, set over 46 hectares.
Location Red Bank Riverside where Falcon is positioned is one of seven neighborhoods in Victoria North, in a city so popular that demand outstrips supply Red Bank will consist of 5,000 new homes.
Whilst only a 0.5m distance from Victoria train station and the cities retail quarter residents will have an abundance of retail, social and green spaces right on their doorstep.
The Victoria North Regeneration master plan will deliver on 15,000 new homes across 155 hectares creating new communities for over 40,000 new city residents, the first of its kind for the North of England.
The regeneration will be in partnership with Manchester City Council with £51.6 million of additional funding from central government.
*Distances provided are taken from google maps and should be used for guidance only* Square Footage: 767 sq ft Leasehold with approximately 248 years remaining.
Additional Info Predicted Energy Assessment: B Computer Generated Images * Please note that this is a re-assignment of contract.
These particulars were prepared from preliminary plans and specifications before the completion of the properties.
These particulars, together with any images that they contain, are intended only as a guide. They may have been changed during construction and final finishes could vary.
Prospective purchasers should get their solicitor to check the plans and specification attached to their contract.*
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
.png)
FAQ
About 2C.1-11-03,, Falcon, Redbank Riverside, Manchester
Explore nearby