2-bedroom flat · M5 4YU
For saleListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale a newly redecorated third floor apartment in the popular canalside neighbourhood that is Middlewood Locks.
Coffee enthusiasts can delve into tasting notes at 92 Degrees whilst a local Co-op provides the essentials.
For those requiring access to the city centre, you are within walking distance to Manchester`s newest creative district, St John`s, as well as Deansgate, Spinningfields and Castlefield.
Offering estimated 721 sqft and benefiting from a bright corner aspect, the apartment briefly comprises: entrance/hallway with storage cupboard; open plan lounge/diner with access to balcony; integrated kitchen with appliances; primary double bedroom with fitted wardrobe and access to en suite; additional second bedroom with fitted wardrobe; primary bathroom.
Offered with vacant possession the property must be viewed to be fully appreciated. The development benefits from bicycle storage.
Annual service charge: £2,785.56 Annual ground rent: £325.00 Length of lease: 999 years from 2018 Management company: LSH Residential Please note, the vendor has included AI images in the marketing material to provide inspiration on how to furnish the property.
Notice Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items.
All measurements are approximate and photographs provided for guidance only.
Anti-Money Laundering (AML) Checks - As part of making an offer, we`re required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers.
To cover the cost of this process, a non-refundable fee of £60 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and ensures your offer can be progressed as quickly and smoothly as possible.
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 advisors 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 1 Lockgate Square, Middlewood Locks
Explore nearby
