2-bedroom flat · M3 6DE
For saleReduced £7k (−4.7%) on 3 SepListed 143 days
Opportunity summary
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About
Suitable for cash buyers/investors Situated on the 7th floor of the highly sought-after Fresh development on Chapel Street, this well-presented two-bedroom apartment offers modern city living in one of Salford's most convenient locations.
The accommodation comprises a spacious open-plan living and dining area with floor-to-ceiling windows, creating a bright and welcoming space that opens onto a private balcony with elevated views across the city.
The contemporary fitted kitchen is well-appointed with integrated appliances and ample storage.
There are two generously sized double bedrooms, both offering excellent natural light, alongside a stylish three-piece bathroom suite finished to a modern standard.
Fresh is ideally positioned on Chapel Street, providing easy access to Manchester City Centre, Spinningfields, MediaCityUK, and Salford University.
Residents benefit from excellent transport links, a range of local amenities, and an abundance of nearby bars, restaurants, and cafés.
This property would make an ideal first-time purchase, city centre home, or investment opportunity, offering strong rental demand in a thriving location.
Leaseholder Information Tenure: Leasehold Lease term : 999 years - expiry 26/09/3007 Ground rent : Of £250pa which will increase in 2028 to £350pa and then every increases every further 21 years by £50pa Service charge : £2198 Council Tax Band: C Salford City Council Broadband : FTTP Connection available, line active Water : Connect to mains water and drainage, supplied by United Utilities on a meter Electricity : Connected to main electric, supplied by Scottish Power Construction : Fully remediated cladding / external wall system.
EWS1 A1 Rated All services/appliances have not and will not be tested
Value & comps
No previous sales on record.
Returns
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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.
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FAQ
About Apartment 706 Fresh, 138 Chapel Street, Salford
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