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See how verdicts work1-bedroom flat · M3 5JF
For saleListed 125 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Service charge (For Leasehold tenure): £1968.24 per year. Ground rent (For Leasehold tenure): £250 per year.
Offered to the market with no onward chain, C & R City are delighted to present this superb one-bedroom apartment, situated on the fifth floor of the highly sought-after Vimto Gardens development.
Ideally located just minutes from Deansgate and Spinningfields, this property is perfect for city professionals and commuters alike, benefiting from excellent transport links and easy access to Manchester's vibrant business, retail, and leisure districts.
Completed in 2015, Vimto Gardens comprises 83 high-specification apartments and 14 townhouses, complemented by retail and leisure space, creating a thriving urban community.
The apartment itself offers a spacious and well-designed layout, featuring a bright open-plan living and kitchen area, a generously sized double bedroom, and a modern three-piece bathroom suite.
Residents also enjoy access to beautifully maintained communal gardens, providing a peaceful retreat in the heart of the city.
This fantastic property represents an excellent opportunity for first-time buyers and buy to let investors.
Property additional info Entrance Hall: Celing light point, laminate flooring throughout, access to all rooms, storage cupbaord.
Lounge/Kitchen/Diner: 5.20m x 4.00m (17' 1" x 13' 1") Lounge/ Diner - Laminate flooring throughout, floor to ceiling window and juliet balcony, down lights, plenty of wall sockets.
Kitchen - A Mixture of wall and base units with contrasting worktops, integrated fridge freezer, electric hob and oven with extractor over, built in dishwasher.
Master Bedroom: 3.50m x 2.40m (11' 6" x 7' 10") Carpet flooring, floor to ceiling window, built in storage space, single light rose, ample sockets and wall mounted wall heater.
Bathroom: 2.10m x 2.10m (6' 11" x 6' 11") Three piece suite with full length bath and shower over including glass screen, square hand wash basin with mixer tap, WC with tiled floor and walls, wall mounted mirror, down lights and heated towel rail.
General Information: Ground rent: £250 per annum. Service Charge: Approx 1968.24 per annum. Council Tax Band: A. EPC Rating: C. Builidng Management is Stevenson Whyte.
Agenst Notes: notice: C & R Properties for themselves and for the vendors or lessors of this property who’s agents they are give notice that: (i) the particulars are set out as a general outline for the guidance of intending purchasers or lessees, and do not constitute, nor part of an offer or contract; (ii) all descriptions, dimensions, reference to condition and necessary permissions for use and occupation, and other details are given in good faith and are believed to be correct but any intending purchasers or tenants should not rely on them as statements or representations of fact but must satisfy themselves by inspection or other wise as to the correctness of each of them; (iii) no person in the employment of C & R Properties has any authority to make or give any representation or warranty whatever in relation to this property.
Thinking Of Selling: If you’re considering selling your property, C & R Properties would be delighted to assist.
We offer free property valuations, giving you an accurate understanding of your home’s value in today’s ever changing market, an ideal starting point before putting your property up for sale.
To arrange your free valuation, simply call us, email us, or visit our office, and we’ll be happy to schedule an appointment at a time that suits you.
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.
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FAQ
About 506 Vimto Gardens, Chapel Street, Salford
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