2-bedroom flat · M3 6GF
For saleReduced £5k (−2.5%) on 17 JulListed 991 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
High rental yield! 4th Floor 2-Bed Apartment in the Alto development. 689 Sq. Ft. Fully Furnished. 24-Hour Concierge. Communal Garden. EWS1 Form Available. South-west aspect.
Available to both Investors and Owner-Occupants. Currently 7.43% Rental Yield @ £1300 pcm. Projected 7.71% Rental Yield @ £1350 pcm Tenancy due on Oct 2026.
Leasehold term 250 years since 2017 Service Charge: Approximately £2150.54 pa Ground Rent: Approximately £450 pa Buildings Insurance: Approximately £540 pa Council Tax Band: B EPC: B Discover the epitome of city living in this exquisite Two-bedroom apartment at Alto, Sillivan Way.
Each of the Two spacious bedrooms is a haven of comfort, with the master bedroom boasting a luxurious en suite.
The heart of the home is the expansive open-plan living and dining area, seamlessly transitioning into a state-of-the-art kitchen equipped with top-of-the-line integrated appliances.
The main bathroom is a masterpiece of modern design, finished to impeccable standards. Nestled on the cusp of the vibrant Spinningfields district, Alto is synonymous with chic urban living.
Just moments from Manchester’s premier attractions, shopping, and dining experiences, Alto is perfectly positioned for a life of convenience and connectivity.
The development is further enhanced by serene landscaped gardens, offering a tranquil escape from the city buzz.
Strategically situated between Trinity Way and Chapel Street, and a mere stone’s throw from the bustling city centre, Alto comprises four sleek apartment blocks, ranging from 6 to 18 storeys, encompassing a total of 327 apartments.
This property features cladding; current assessments indicate no further action is required.
However, we advise potential residents to conduct thorough inquiries regarding the external wall system, particularly if cladding is present, to confirm its safety and any provisional measures in place.
Value & comps
No previous sales on record.
Returns
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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 D16 Alto,, Alto, Salford
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