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See how verdicts work2-bedroom terraced house · M40 3AJ
Sold STCListed 42 daysAuction 1 Oct · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD BY ONLINE AUCTION FROM 30TH SEPTEMBER TO 1ST OCTOBER 2026, UNLESS SOLD PRIOR UNDER AUCTION TERMS.
Flats 1&2, 8 High Peak Street, Moston, M40 3AJ A superb opportunity for investors to acquire an established income-producing property, understood to be arranged as two self-contained one-bedroom flats.
Both flats are reportedly occupied and currently generate £380 per calendar month, providing a combined rental income of £760 per month and £9,120 per annum.
Not yet inspected by Edward Mellor, the accommodation within each flat is understood to comprise a double bedroom, generously sized reception room, fitted kitchen and bathroom.
The property offers an attractive proposition for landlords looking to expand an existing rental portfolio or investors seeking an asset with an immediate income from two separate units.
Buyers may also wish to explore the potential for future rental growth, subject to the existing tenancies, condition of the accommodation and all necessary consents.
Situated in the established residential area of Moston, the property is conveniently positioned for a range of everyday amenities, including shops, supermarkets, schools and healthcare facilities.
Newton Heath & Moston Metrolink stop and regular bus services are within easy reach, providing convenient connections towards Manchester city centre and the surrounding areas.
The nearby Oldham Road also offers good access to the wider Greater Manchester road network.
With two separate income streams already in place and potential for future rental growth, this is an investment opportunity not to be missed!
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
FAQ
About 8, High Peak Street, Moston
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