2-bedroom flat · M3 4BH
Sold STCListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the picturesque Potato Wharf area of Castlefield, this delightful ground floor apartment offers a unique blend of modern living and serene waterside charm.
The property comprises of an entrance hallway, spacious lounge with access to a full length balcony with stunning canal views, a modern kitchen with integrated appliances, two double bedrooms with the master including a contemporary en-suite.
No Chain. Mortgage Buyers Welcome due to EWS-1 Works being completed, certificate immanent. Secure allocated parking available.
Entrance Hallway - Leads to all rooms, Kitchen / Lounge - 6.71 x 3.63 (22'0" x 11'10") - Range of wall and base units with complimentary kitchen worktop. Sink with mixer tap.
Integrated fridge/freezer, microwave, dishwasher, cooker with hob over. Breakfast bar with area for seating. Tiled splashback. TV and Telephone point. Door to balcony. Electric wall heater.
Spot lighting. Bedroom One - 2.88 x 4.62 (9'5" x 15'1") - Fitted carpet, spot lighting, electric heater, double glazed UPVC window.
En-Suite - 2.37 x 1.49 (7'9" x 4'10") - Shower cubical with mixer shower over. Low level W/C. Floating sink with mixer tap. Inset lighting. Partially tiled. Towel rail.
Bedroom Two - 2.88 x 4.62 (9'5" x 15'1") - Ceiling pendant light. Window overlooking canal. Electric wall heater. Bathroom - 2.19 x 2.29 (7'2" x 7'6") - Bath with tiled panel and mixer shower over.
Low level W/C. Floating sink with mixer tap. Inset lighting. Partially tiled. Towel rail. Externally - Fully length balcony accessed through the living room. Secure allocated parking.
Additional Information - Lease - 150 years from 2007 Service Charges - £3,712.52 pa including buildings insurance Ground Rent - £300 per annum EPC Rating- TBC Council Tax Band - D Managing Agent- Living City Agents Notes - 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.
Disclaimer - IMPORTANT NOTE TO PURCHASERS: The lease, ground rent and service charges should all be checked via the solicitors for clarification.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as guide to prospective buyers only, and are not precise. If floor plans where included, these may not be to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us.
Value & comps
No previous sales on record.
Returns
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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 39 Potato Wharf, Manchester
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