1-bedroom flat · M5 4YG
For saleReduced £17k (−10%) on 22 JulListed 364 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer this stunning two double bedroom, two bathroom apartment in the highly acclaimed Downtown development with unmatched views over the River Irwell.
This 1st floor property briefly comprises of a spacious open plan living and kitchen area, whilst the kitchen enjoys a host of built in appliances.
Further, the property comprises of two well-sized double bedrooms, each with its own modern three piece en suite, both including a bath and overhead shower.
The main en suite offers a Jack and Jill design, accessed via both the living area and bedroom. The development boasts a 24/7 concierge service, fob entry, and intercom systems to all apartments.
The development is complete with gym, sauna, residents lounges, business suite, cinema room and communal terrace!
Prospective buyers are advised the property is currently tenanted on a monthly rolling contract at £1,350pcm.
Owner occupiers are therefore welcome to enquire, with vacant possession potentially available in line with tenancy notice periods. EWS1 form available!
Downtown sits in an excellent location along Ordsall Lane between Manchester city centre and Media City.
Cornbrook tram stop (0.7m), Deansgate tram & train links (1.1m), and Spinningfields (1.2m) are all within easy reach.
Regent Road Retail Park is also situated just behind the development (0.4m) with a large Sainsbury`s, tk Maxx, Boots, and much more on offer.
Salford Central Train Station is just 1.1 miles away, which provides good access links both in and out of the city centre. Sports and entertainment are within easy reach also.
Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 1.2m and 3.4m away respectively.
For cultural activities, locally residents are only 0.8m from Castlefield Bowl which often hosts an array of food festivals and music gigs. Please note all distances quoted are approximate.
Square Footage: 681 sq ft Leasehold with approximately 993 years remaining.
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
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FAQ
About 107, Block B, Downtown, Woden Street, Salford
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