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See how verdicts work2-bedroom house · M9 8QD
Listing removedListed 208 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An excellent opportunity to acquire a well-presented, income-generating duplex apartment at Lakeside Rise, Manchester, M9 8QD.
Positioned on the third floor, this modern two-bedroom, two-bathroom apartment offers approximately 600 sqft of well-designed living space within a secure, gated development.
The property is being sold with a long-standing tenant in situ of three years, currently generating a strong rental income of £14,400 per annum.
After accounting for the service charge (£2,196 pa) and ground rent (£300 pa), the property delivers an attractive net yield of 7.9%, making it an ideal turnkey investment with immediate returns.
The duplex layout enhances tenant appeal, providing a practical separation of living and sleeping areas, while the two bathrooms add further convenience for sharers or professionals.
The apartment benefits from a leasehold term of approximately 103 years remaining.
The location offers excellent transport connectivity, with nearby Metrolink tram stops and regular bus services providing easy access into Manchester City Centre.
The M60 motorway is also within close reach, making the area highly convenient for commuters.
Lakeside Rise is a popular residential area benefiting from nearby green spaces and local amenities, while also being within easy reach of Manchester city centre, ensuring consistent tenant demand.
The combination of accessibility and affordability makes this a strong rental location. It also benefits from EV charging points and is a secure, gated community.
Priced at £150,000, this is a fantastic opportunity for investors seeking a ready-made investment in a well-connected area with proven rental income and solid ongoing demand.
LET PURE INVESTOR TAKE THE STRAIN AWAY ... We offer a comprehensive lettings and property management service, ensuring our landlords benefit from a single point of contact for their entire portfolio.
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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 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
FAQ
About Lakeside Rise, Manchester, M9
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