3-bedroom flat · M5 3TP
For saleListed 1305 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Regent Plaza is a landmark residential development on the outskirts of Regent Road, Salford. It is located at walking distance from Manchester City Centre.
The development is an ideal living space for professionals. The prestigious development comprises of five unique blocks surrounding a centralised landscaped garden with seating and barbecue areas.
Regent Plaza has 165 units that are to be released in Blocks B and C, comprising of one, two and three-bedroom apartments and town houses.
The interior scheme is furnished with an emphasis on a warm-toned furniture palette. The interior palette is neutral enough to allow any personal touches.
It represents a new era for Manchester's property market.
The ground floor features large communal areas and recreational spaces, including an outstanding space that's perfect for socialising, as well as a top of the range gym.
Laundry facilities and underground car parking is also available on site. It is set to complete in Q4 2020.
It offers investors an excellent entry level, assured rental income and a very friendly payment plan with only 30% deposit on exchange and the rest is due in instalment until completion.
Highlights: Yield of 6% Fitted wardrobes, modern bathrooms, and kitchens tiled to high specifications.
Double Glazed windows Underground Parking Laundry facilities for added convenience High-end on-site gym 24/7 Reception and Concierge service Thermally efficient development - making the most of modern technology Furniture Packs Available
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
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FAQ
About Ordsall Lane, Salford
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