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See how verdicts work2-bedroom house · M4 6LS
Under offerListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Beautifully converted two bedroom duplex apartment in Murrays Mills, with a balcony and secure parking! Description Murrays’ Mills is a stunning conversion set in the heart of Ancoats.
Forming part of a collection of Grade II and Grade II* listed buildings, this impressive two bedroom duplex apartment beautifully combines character, generous space, and modern city living, further enhanced by the rare benefit of a secure parking space.
Spread across two thoughtfully designed floors, the property opens with a welcoming entrance hall that flows into a modern, contemporary kitchen and dining area featuring exposed brick which oozes character into the home.
On the same floor are two spacious double bedrooms with the primary bedroom benefitting from a luxury ensuite shower room. Completing this floor is a separate modern, three piece main bathroom.
Venturing upstairs, there is a bright and spacious lounge, filled with character, exposed brickwork and skylights.
There is also a dedicated nook, currently used as a home office, which completes the flexible living space, perfectly suited to modern lifestyles.
Finally, there is ideal outdoor space via the well-sized balcony, the perfect spot to soak up the city.
With outdoor space, a dedicated lounge separate from the kitchen/diner and secure parking, this apartment offers a quality of life rarely found in the city centre, while the building’s communal garden provide a quiet oasis amidst the urban buzz, enhancing privacy and calm.
EWS1 available with a B1 rating, completed in 2020. Location Murrays Mills sits in a fantastic Ancoats location, with ease of access to all Manchester has to offer.
New Islington tram stop is located close by for travel in and around the city (0.6m), whilst Piccadilly station offers excellent rail connectivity across the UK (0.7m).
Grocery shopping for essentials is provided easily thanks to the nearby Ancoats General Store (0.3m) and the Aldi superstore (0.4m).
General shopping, restaurants and bars are in abundance thanks to the New Islington location and close proximity to Ancoats/Northern Quarter.
Mana (Michelin Star restaurant - 0.1m), Rudy's Neapolitan Pizza (0.2m), Canto (0.2m), The Crown & Kettle (0.4m) are situated close by to name a few!
For sport and entertainment venues, Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 3.6m and 1.2m away respectively.
For cultural activities, residents are only circa 0.5m from Manchester's famous Northern Quarter which often hosts an array of food, music, crafts and activities.
Please note all distances quoted are approximate. Square Footage: 1,435 sq ft Leasehold with approximately 241 years remaining.
Additional Info We are advised: Buildings insurance is a separate £1124.09 per annum. Ground rent increases in line with RPI every 10 years, next review due 2032.
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
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FAQ
About Murrays Mills, 50 Bengal Street, Manchester, Greater Manchester, M4
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