We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · M15 4QG
Sold STCListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented apartment within the sought-after Castlegate development, enjoying a desirable south-facing aspect.
The property has been extensively upgraded to a high standard, featuring a contemporary kitchen and two luxurious renovated bathrooms.
The apartment offers two well-proportioned double bedrooms, a bright open-plan living space with access to a private balcony, and the added benefit of secure allocated parking.
Residents also enjoy a concierge service, while the waterside location provides easy access to Castlefield, Deansgate and Manchester City Centre.
Combining high-quality finishes, excellent natural light and an enviable canal-side setting, this apartment presents an exceptional home or investment opportunity.
The Tour The apartment is accessed via a welcoming entrance hallway, with doors leading to all areas of accommodation.
Lounge/Kitchen: The bright open-plan living space enjoys a private south-facing balcony, providing the perfect place to relax while overlooking the canal basin.
Wooden flooring flows throughout the lounge, complementing the contemporary decor.
The kitchen has been renovated to a high standard and features Frost quartz worktops, tiled flooring, and sleek contemporary cabinetry.
Integrated appliances include a Miele oven and hob, Crisper fridge freezer, and Bosch dishwasher. Bedrooms: Both bedrooms are generously proportioned and finished with soft carpeting.
The primary bedroom benefits from fitted wardrobes and secondary glazing.
Bathroom & Ensuite: Both bathrooms have been fully renovated to a high specification and are finished with full-height tiling.
The main bathroom features Vitra sanitaryware including a wall-hung WC, bath and wash basin, together with a rainfall shower over the bath, heated towel rail, LED mirror with integrated storage, and vanity storage beneath the basin.
The ensuite continues the same contemporary finish, comprising a walk-in shower enclosure with rainfall shower, rak wash basin, Vitra wall-hung WC, heated towel rail, LED mirror with integrated storage, and vanity unit beneath the basin.
This beautifully upgraded apartment also benefits from a secure allocated parking space, concierge service, and an enviable waterside location within easy reach of Castlefield, Deansgate and Manchester city centre.
The Area Set within the Conservation Area of Castlefield Basin, the area is well connected via an extensive network of pedestrian and cycle routes, providing easy access both into the city centre and beyond.
Castlefield Basin continues to thrive, with a growing selection of local businesses and amenities including Club de Padel, The General Store, Salvi’s Italian Restaurant, Medlock Kitchen, Kitten, Deansgate Square Dentist, clnq, Flourish, and Food Sorcery.
The development also benefits from close proximity to the newly opened Crown Street Primary School and the New Jackson nhs Medical Centre.
Lease Information Lease length: 125years from 01 October 2003,102 years remaining. Service charge: £3,550.76 per annum. Ground rent: £300 per annum.
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
.png)
FAQ
About 311 Castlegate, 2 Chester Road, Manchester
Explore nearby