We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · M41 9GX
Listing removedListed 103 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***45% shared ownership*** Redwing are delighted to bring to the market this lovely second floor one bedroom shared ownership apartment.
This spacious property is conveniently located within walking distance of Urmston town centre and train station, with a direct link to Manchester Piccadilly.
The accommodation comprises of a hallway, lounge, open plan fitted kitchen, a large double bedroom and an attractive bathroom. Double glazing, Electric heating, Air source heat pump.
Communal Garden and roof top areas, allocated parking space, EPC Grade : B, Early viewing advised.
No chain Shared ownership You are buying a 45% Share of this property for £86,625 Additional monthly outgoings Monthly Rent payment: £322.67 Monthly Service Charge: £112.00 Building Insurance £22.59 Management fee £10.00 The lease Lease: Date Term : 125 years from and including 13 October 2022 Energy performance certificate EPC grade : B
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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
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FAQ
About Apartment 10, 56, Higher Road, Manchester
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