1-bedroom flat · M4 6GE
To rentListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available December! NPP Residential is delighted to offer this fully furnished, luxury one bedroom apartment situated in the sought after Islington Wharf Locks development in Ancoats.
This property benefits from a large balcony with riverside views. Full Description Available December!
NPP Residential is delighted to offer this fully furnished, luxury one bedroom apartment situated in the sought after Islington Wharf Locks development in Ancoats.
This property benefits from a large balcony with riverside views. Located only a short ten minute walk to Piccadilly Station and the lively Northern Quarter.
This stunning apartment is fully furnished and also includes a full kitchen and utensils pack.
With a designer John Lewis sofa, Dwell dining table and chairs, kitchen appliances this apartment really is furnished to the highest specification.
The property comprises from an open plan kitchen and living area.
The modern kitchen is finished to a high spec including appliances such as a toaster, kettle, microwave, dishwasher and a large family size fridge and freezer.
The stylish lounge is tastefully furnished and consists of a two seater dining table and chairs, two seater fabric sofa and tv stand with sliding doors leading out to the large balcony with riverside views.
The double bedroom is a good size and benefits from a built in a wardrobe. The family bathroom is a three piece bathroom suite with bath and overhead shower.
Islington Wharf Locks is a brand new development in Ancoats. The city centre is also only a ten minute walk away where you can find an array of shops, bars and restaurants to choose from.
* Please note this property is currently tenanted, apartment furnishings may differ.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 04, 27, Lockgate Mews, Manchester
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