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See how verdicts work2-bedroom flat · M5 4YU
For saleReduced £15k (−5.1%) on 23 SepListed 242 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Middlewood Locks is a multi award winning neighbourhood located on the border of Manchester City Centre & Salford.
This waterside development houses some of Manchester's most popular independent businesses such as Seven Bro7hers Beerhouse, 92 Degrees Coffee Shop and Roastery.
This spacious two bedroom apartment is finished to a high specification throughout and has a spacious light filled open plan layout, perfect for modern-day living as well as benefitting from a generous sized balcony with great views and an allocated car parking space.
Suitable for both owner-occupiers and investors.
The Tour Living area - Enter into an open plan living area with wood effect vinyl flooring, video intercom system, full height double glazed window panel with a generous sized balcony.
Kitchen - The Kitchen is fitted with a range of wall and base mounted units with soft closing hinges, splash backs to the walls, white Quartz composite worktops, LED downlight, induction hob with extractor, integrated dishwasher, microwave, full-size fridge and freezer, undermount stainless steel sink with chrome mixer tap.
Double doors to the utility cupboard housing the washer dryer. Bedrooms - Carpeted flooring, large fitted wardrobes, floor to ceiling double glazed window panel.
TV and Satellite points in the primary bedroom.
En-suite - Porcelain tiled flooring, partially tiled walls, ceiling spots, white bathroom suite with large walk in rain shower, Vitra wall hung toilet and basin with Hansgrohe chrome brassware, electric towel rail, feature wall mounted mirrored cabinets with LED downlighting and vanity unit.
Bathroom - Porcelain tiled flooring, partially tiled walls, ceiling spots, white bathroom suite with panelled bath and overhead shower.
Vitra wall hung toilet and basin with Hansgrohe chrome brassware, electric towel rail, feature wall mounted mirrored cabinets with LED downlighting and vanity unit.
The Area Middlewood Locks is a mixed-use multi award-winning Neighbourhood bringing Manchester and Salford together, with a canal-side location and just a short walk to the popular areas of Castlefield and Spinningfields.
Whether you are heading over to the independent bars and restaurants of Chapel Street or taking a stroll into Spinningfields for some shopping, the location of this development is perfectly positioned to connect you to some of Manchester's most popular and fastest-growing areas.
Lease Information Length of lease - 999 years from 2018 Service charge - £3,192.36pa including building insurance Ground rent - £325pa. Reviewed with rpi every 10 years EWS1 Form available - B1 Rated
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
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FAQ
About A601, Middlewood Locks, Salford
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