2-bedroom flat · M3 5BY
To rentListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We Let Properties have this stunning two double bedroom, two bathroom apartment which is located in a fantastic conversion and boasts plenty of original features including high ceiling, iron beams and timber ceiling.
The apartment is spacious and benefits from being furnished and allocated parking.
The property comprises: A large entrance hallway which spans the whole length of the apartment with the wooden high timber ceilings throughout.
To the front of the apartment is a spacious living space with two double large window which is full of natural light and a perfect entertaining or relaxing space.
There is a three seat sofa, large dining table with four chairs and exposed brick on the wall to give the real feeling of home.
The kitchen is separate with a unique design which overlooks the atrium of the centre of the building, all appliances are integrated including fridge/freezer/ dishwasher, washing machine, hob and oven with black work tops to complete.
The master bedroom is a fantastic space again with exposed brick and the timber ceilings running through, big bright window and the benefit of an en-suite shower room with mirror and electric towel rail.
The second bedroom is again a good size double with ample storage and large windows which make the room feel bigger accompanied with the feature of the high ceilings.
The main bathroom is a three piece suite with shaped bath and shower overhead, storage unit and mirror.
There are additional storage spaces throughout the property with its unique design from the original manufacturing days of the grade II listed building.
The property benefits from an allocated space in the basement, which is large enough for a hatch back size car only.
Situated on the corner of Blackfriars Street an only minutes away from Manchester Deansgate shopping district, bars and restaurants this is your opportunity to live in apartment with large windows, high ceilings and exposed brick and woodwork.
These particulars are believed to be accurate but they are not guaranteed and do not form a contract.
Neither We Let Properties nor the lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
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Redress scheme provided by: The Property Ombudsman (D7253) Client Money Protection provided by: Client Money Protect (CMP005133)
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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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.
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