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See how verdicts work2-bedroom flat · M4 6LT
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Julie Twist Properties are delighted to present this wonderful two-bedroom apartment located in One Vesta Street, New Islington.
Positioned on the 3rd floor, the apartment occupies a corner position and offers a spacious living area which is open-plan to a fully-fitted kitchen with integrated appliances and a breakfast bar.
There are two generously sized bedrooms, both of which has access to an ensuite and one benefits from water views. This apartment also benefits from ample storage space throughout.
New Islington is one of the most popular residential areas of Manchester City Centre.
It is a short walk to some of Manchester's most highly reviewed restaurants and bars, and has a great atmosphere everywhere you go.
Piccadilly Station, Shudehill bus station/tram stop and Victoria Station are within 15 minutes' walk.
The hustle and bustle of the Northern Quarter is only 10 minutes' walk away, whilst you also have The New Islington Marina, with its beautiful waterside space on your doorstep.
General: Rental Yield: 6% based on an expected rental income of £1450pcm Service Charge: £2664.32 per annum Marina Estate Charge: Ground Rent: Peppercorn Ground Rent Review Period: N/A Lease: 250 years from 01/01/2020 Square Footage: 756 sq.ft approx (70.2 sq.m) Council Tax Band: C Management Company: Northern Group Hallway Wooden flooring, spotlights and access to three storage cupboards, one of which houses the boiler and has space for a washing machine.
There is also space in the second storage cupboard for a dryer. The storage cupboards also have custom built-in shelving.
Kitchen The kitchen comprises wall and base units, a breakfast bar, integrated fridge/freezer, integrated dishwasher, built-in oven with four-ring induction hob and extractor over, stainless steel sink with mixer tap and drainer, wooden flooring and spotlights.
Kitchen Triple glazed window, wooden flooring, wall-mounted heater, phone/TV point and spotlights.
Bedroom 1 Triple-glazed window, carpeted flooring, spotlights, walk-in wardrobe, wall-mounted heater and entrance to the ensuite.
Ensuite Accessed via Bedroom 1, a three piece bathroom comprising large shower cubicle, WC, sink with mixer tap, heated towel rail, partially tiled walls, tiled flooring, extractor and spotlights.
Bedroom 2 Triple-glazed window with beautiful water views, carpeted flooring, wall-mounted heater, spotlights and access to the main bathroom via Jack & Jill doors.
Bathroom A three-piece bathroom comprising bath with shower attachment over, WC, sink with mixer tap, heated towel rail, partially tiled walls, tiled flooring, extractor and spotlights.
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 1 Vesta Street, Manchester
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