1-bedroom flat · M1 6LQ
For saleListed 556 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment opportunity - One bed apartment located in a stunning period building. Currently let on a periodic tenancy, generating an income of £970 per month.
The property is located only 0.5m to Piccadilly Station and a few minutes walk to China Town, Oxford Road and the Arndale Centre.
Communal entrace hall The building is accessed through main entrance door with intercom entry system, which gives access to a communal entrance hall. A lift and staircase give access to all floors.
The front door gives access to: Entrance hall storage area open plan living/dining/kitchen area 23' 3" x 9' 6" (7.1m x 2.9m) bedroom 12' 5" x 10' 2" (3.8m x 3.1m) bathroom 6' 10" x 4' 7" (2.1m x 1.4m) lease information Service Charge: £4548.08 (including water rates) Ground Rent: Peppercorn Lease: 125 years from 1991
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
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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
Agent & docs
FAQ
About Apartment 60 Lancaster House, 71, Whitworth Street, Manchester
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