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See how verdicts work2-bedroom flat · M1 6HR
Sold STCListed 257 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This period conversion within the very heart of the city on Princess Street offers the perfect location within the city that does no sleep.
Centrally located within a short stroll to Sackville Gardens, Chorlton Street Bus Terminal and UMIST Manchester University.
Located on the 3rd floor and consisting of a hallway to an impressive living area and fitted multi appliance kitchen, two generous bedrooms with an en-suite to the master bedroom.
The main bathroom has a quirky arched caste type entrance door to the bathroom which offer a three piece suite in white.
EPC C Management Company Scanlan’s Leasehold expires 01/01/2152 Service Charge £3,000 per annum Paid to Scanlan’s Ground Rent £312 per annum Paid to Home Ground
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
Agent & docs
FAQ
About Princess Street, Manchester, Greater Manchester, M1
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