2-bedroom flat · M1 5GB
For saleListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to have for sale this very well presented two bedroom apartment found on the 4th floor of the Assembly development on Cambridge Street.
The property comprises of a spacious lounge with access to a balcony, kitchen with integrated appliances, two double bedrooms with the master including a modern en-suite, a family sized bathroom with contemporary fixtures and fittings.
Communal gardens. No Chain. Investor buyers only. Ews-1 Available. Rented @ £1350 pcm, 6.23% Rental Yield.
Entrance Hallway Leads to all rooms Kitchen / Lounge (5.01 x 5.23 (16'5" x 17'1")) Range of wall and base kitchen units with complimentary kitchen worktop, integrated oven / hob.
Open plan kitchen / lounge, laminate flooring throughout, access to balcony through sliding doors, electric heaters, spot lighting.
Bedroom One (3.53 x 2.89 (11'6" x 9'5")) Fitted carpets, spot lighting, double glazed UPVC window, electric heater.
En-Suite (1.27 x 1.54 (4'1" x 5'0")) Fully tiled, shower cubicle with rain attachment and mixer, fitted mirror, heated chrome towel rail, low level W.C, hand wash basin.
Bedroom Two (4.63 x 3.01 (15'2" x 9'10")) Fitted carpets, spot lighting, double glazed UPVC window, fitted wardrobe, access to the en-suite.
Bathroom (3.03 x 1.69 (9'11" x 5'6")) Fully tiled bathroom, fitted mirror, chrome towel rail, low level W.C, hand wash basin. Additional Information Service Charge: £2260pa approx.
Building Insurance: £480pa Ground Rent: £300pa Lease: 250 year lease from 2006 EPC: B Council Tax Band: D Managing Agent- Zenith Externally Access to balcony through lounge, communal garden.
Agents Notes To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
Disclaimer Important note to purchasers: The lease, ground rent and service charges should all be checked via the solicitors for clarification.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as guide to prospective buyers only, and are not precise. If floor plans where included, these may not be to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us.
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
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FAQ
About Apt 193, The Assembly, Manchester
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