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    Greengate, Greater Manchester, M3 7NE

    Studio flat · M3 7NE

    1 bath
    Asking rent
    £850/mo

    To rent · Listed 8 days

    Investor metrics
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    HMO Article 4 Direction Area2018 HMO Article 4 Direction, 2018 HMO Article 4 Direction · C3 → C4 HMO conversion requires planning permission here

    Opportunity summary

    See Archie’s verdict, returns by strategy and what to check before viewing.

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    About

    The property

    ** available now ** Reeds Rains are delighted to market this large, well-designed, furnished studio apartment in the extremely popular Abito development in Salford. EPC Grade - C.

    Council Tax Band - A.

    Located just off the Mancunian Way and within walking distance to the city centre, the Northern Quarter, Deansgate and the main shopping area, the development provides easy access to major roads and local amenities.

    Abito is a truly intelligent living space, with clever design throughout including floor to ceiling windows, good sized balcony and a high spec kitchen that is located within the central pod of the apartment that includes oak worktops, dishwasher, hob and oven.

    The shower room continues with cutting edge design and includes a modern suite with sensor controlled lighting.

    Important Note to Potential Purchasers & Tenants: We endeavour to make our 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 photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.

    If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.

    Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.

    Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.

    A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.

    Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases. MCC260823/8

    Key information

    Furnished state
    Furnished
    Deposit required
    £980
    Availability
    Available now
    Check availability with the agent
    Reception rooms
    1
    Council tax band
    Band A
    Estimated ~£1,200/year
    Local authority
    Salford
    Metropolitan District
    Sign up free to see flood risk and more→

    Value & comps

    How does the rent compare?

    No previous sales on record.

    Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.

    Returns

    What does it return?

    Rent evidence
    Rental benchmark

    Nearby rental comparables

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    Local SA Market

    We're still gathering serviced-accommodation data for this area.

    Model

    Run the numbers.

    Strategy: R2R · full calculator
    R2R calculatorRent-to-rent SA + HMO strategies — occupancy, platform fees, profit
    Investment Disclaimer

    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 advisers before making any investment decisions.

    Past performance does not guarantee future results. Tax implications vary by individual circumstances.

    Deal

    Is it a deal?

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    Article 4HMO Article 4 applies

    HMO Conversion Potential

    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.

    Tier, yield projection, and cost stack — Pro tier only.

    PD Conversion Potential

    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.

    Tier, route, yield projection, and cost stack - Pro tier only.

    BRRR Candidate

    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.

    Tier, refurb cost, ARV, and refi maths - Pro tier only.

    Plot subdivision potential

    Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

    Lease extension arbitrage

    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.

    Serviced Accommodation

    Pro

    See projected short-stay revenue vs a vanilla BTL for this property.

    Rent-to-Rent strategy fit

    Pro

    See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.

    Area

    The area

    Living here

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    Location
    More market detail▾
    M3 · Live market data · flat only
    1-BED
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    No rent comps
    2-BED
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    3-BED
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    4-BED
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    No rent comps
    5+ BED
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    No rent comps

    M3 0-bed rent distributionNo matching rent comps

    Not enough rental comparables to build a distribution yet.
    Rent trend · M3
    Rental price history isn't available yet — coming soon.

    Market signals · M3

    M3 capital-side aggregates aren't available right now — only rental signals shown above.
    Rental data from active Rightmove / Zoopla lets + PAID rental model. Refreshed daily.Open full rental comparables →

    Agent & docs

    Move it forward

    Listing agent
    Reeds Rains - Manchester logo
    Reeds Rains - Manchester
    listed on zoopla
    01619376681
    33 Whitworth Street West, Manchester
    View on zoopla

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    FAQ

    Questions

    About Greengate, Greater Manchester

    How much is Greengate, Greater Manchester?
    The asking rent is £850 a month.
    What kind of property is Greengate, Greater Manchester?
    A flat in M3 7NE.

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