1-bedroom flat · M1 2EW
Sold STCListed 289 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exclusive mill conversion in Piccadilly East, a short walk to Manchester Piccadilly Station and Manchester's vibrant Northern Quarter.
Set to be one of the city's most talked about developments, & finished to the highest standard around.
This Ground floor apartment has a large entrance hallway which opens up to large open plan living area which is flooded with light and character.
Two large windows, exposed brickwork and beams, giving it a real loft feel. There is a high specification kitchen with Bosch oven, integrated dishwasher and fridge freezer.
The bedroom is well proportioned, with a floor to ceiling window which looks out onto the communal hallways.
Large bathroom with stylish black tiles, backlit de-misting mirror and waterfall mixer shower. The hallway also offers a large storage cupboard. No Parking.
Hyperoptic enabled, communal landscape gardens with fire pit & BBQ for residents to use! Zero Ground Rent Entrance Hallway - Engineered oak wooden flooring. Storage cupboard.
Living Room/Kitchen - 7.73 x 3.57 (25'4" x 11'8") - Range of wall and base units with quartz white worktop over.
Integrated CDA fridge/freezer, Bosch dishwasher, Bosch cooker with induction hob and extractor over. Blanco stainless steel sink with chrome mixer tap. Under cupboard lighting. TV/Telephone point.
Wall mounted electric heater. Wooden beams. Exposed brickwork. TV/Telephone point. Engineered oak wooden flooring. Bedroom - 3.74 x 3.13 (12'3" x 10'3") - TV point. Wall mounted electric heater.
Engineered oak wooden flooring. Wall lights.
Bathroom - Accessed via the hallway, a three piece bathroom comprising large shower, WC, sink with mixer tap, partially tiled wall and tiled flooring, heated towel rail, extractor and wall lighting.
Externally - Concierge. BBQ area with bluetooth speakers. Lifts to all floors. Bike storage. Additional Information - Service Charge: £2496 per annum Ground Rent: Peppercorn.
Lease: 250 years from 2015 Council Tax Band: C Management Company: Zenith Agents Note - 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.
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 Crusader, Chapeltown Street, Piccadilly East, Manchester
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