2-bedroom flat · M5 4YU
For saleListed 90 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A truly stunning two-bedroom apartment, beautifully presented throughout and offering stylish, contemporary living, a short walk from Spinningfields and Castlefield.
Boasting a spacious open-plan living area, this impressive home is flooded with natural light and provides the perfect space for both relaxing and entertaining.
Perfectly positioned in a sought-after canal side neighbourhood, the property is just a short walk from the vibrant St John's development, Aviva Studios, the historic Castlefield district, and the popular Chapel Street, offering an excellent selection of restaurants, cafés, shops, and transport links.
The modern fitted kitchen seamlessly complements the living space, while doors lead out to a private balcony offering impressive city views.
The property features two generous double bedrooms benefiting from fitted wardrobes, with the principal bedroom boasting a modern en-suite shower room.
A stylish family bathroom serves the second bedroom and guests, while additional fitted wardrobes and ample built-in storage throughout ensure practicality without compromising on space.
Ideally located for professionals who work in the city, this exceptional apartment combines modern design, generous accommodation, and outstanding views, making it an ideal first-time purchase, investment opportunity, or stylish city home.
Early viewing is highly recommended.
Property Ownership Information Tenure Leasehold Council Tax Band C Annual Ground Rent £325.00 Ground Rent Review Period No review period Annual Service Charge £2,847.00 Service Charge Review Period No review period Lease End Date 28/06/3017 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as "draft".
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required.
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
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FAQ
About Apartment 403, 1, Lockgate Square, Salford
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