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See how verdicts work2-bedroom flat · M27 4EX
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the impressive Oaklands Lodge development, this stylish ground-floor apartment offers an ideal first home or convenient base for professionals.
Forming part of the historic former Pendlebury Children’s Hospital, the landmark building dates from 1900–1929 and has been sympathetically converted into just 12 distinctive apartments, blending period character with contemporary living.
A secure communal entrance leads through bright, well-maintained hallways, with access to the residents’ gym and bike store.
The apartment also benefits from a separate allocated storage room-ideal for keeping seasonal items or household essentials neatly out of the way.
Inside, an L-shaped hallway with useful built-in storage opens into a bright open-plan living space, combining a comfortable lounge, dining area and contemporary fitted kitchen with integrated oven and hob.
There are two well-proportioned bedrooms, including a generous double, alongside a stylish shower room fitted in 2026, with walk-in shower, vanity basin and WC.
Externally, the apartment benefits from allocated parking and an attractive historic frontage.
Set within a residential area on Hospital Road, the property is conveniently placed for local amenities, regular bus routes and straightforward access towards Swinton, Salford Quays and Manchester city centre-perfect for commuters seeking a characterful yet practical home.
Additional Information A well-presented ground-floor leasehold apartment with allocated parking, access to a communal gym and use of a bike store.
The property benefits from a 999-year lease from 1 November 2015, with combined ground rent and service charges of £120 per month payable to Gaskells.
It has a gas boiler installed in 2016 and serviced in 2026 and an EPC rating of C. The accommodation extends to approximately 58 sq m/624 sq ft.
Situated within Salford Council, the property falls within Council Tax Band B (£2,018 per annum), with an adopted, publicly maintained street. Please note that pets are not permitted.
Disclaimer The information contained in these particulars is believed to be accurate to the best of our knowledge and has been provided in good faith.
Prospective purchasers should verify all information through their own enquiries before relying upon it.
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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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 Apartment 3 Oaklands Lodge, Hospital Road, Manchester
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