2-bedroom flat · M5 4UU
To rentReduced £50 (−4.2%) on 16 JulListed 137 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Important note: To Pass the referencing earnings criteria for this property you must have a combined annual income of £36,000. Please only apply if you meet this criteria.
To apply, please email your enquiry and you will receive a pre-application questionnaire by return.
Tenancy Deposit - £1,384.61 Council Tax Band - B Hannon Holmes are delighted to offer for rent this spacious two double bedroom apartment.
Ideally located in Manchester City Centre, close to the sought after area of Castlefield.
Important note: To Pass the referencing earnings criteria for this property you must have a combined annual income of £36,000. Please only apply if you meet this criteria.
To apply, please email your enquiry and you will receive a pre-application questionnaire by return.
Tenancy Deposit - £1,384.61 Council Tax Band - B Hannon Holmes are delighted to offer for rent this spacious two double bedroom apartment.
Ideally located in Manchester City Centre, close to the sought after area of Castlefield. The apartment comes with selected white goods and has open plan living accommodation.
The lounge is a bright open space with modern neutral décor, carpeted flooring and French doors with Juliet balcony.
The fully fitted kitchen has a range of modern fitted eye-level and base units finished in white gloss with a contrasting grey worktop.
The kitchen includes oven, hob and fridge freezer with the washer / dryer being housed in the utility cupboard in the hallway.
There are two double bedrooms with en-suite to the master consisting of w/c, wash basin and a free standing shower cubicle.
The separate family bathroom consists of a 3 piece suite with shower over bath. Externally there is secure allocated parking and intercom entry.
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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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
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FAQ
About Apartment 22 Steele House, Woden Street, Salford
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