Auction
Auction date passed
This lot went to auction on 20 October 2026 (8 days ago) but remains listed. It was still on the portal today. That usually means it didn’t sell — it may now be available by private treaty or head to a future auction. Worth confirming current availability with the agent.
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See how verdicts workStudio flat · M4 4AD
For saleListed 27 daysAuction 20 Oct · unsold, still listed
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE TO BUY POST AUCTION
A fifth-floor studio apartment in a popular city-centre development with excellent potential for investors.
The accommodation comprises briefly of entrance hallway with built in storage, open-plan living, sleeping and kitchen area and three piece bathroom.
Lift access and secure entry system, the elevated position offers attractive views.
Its position on the edge of Manchester's Green Quarter and Northern Quarter puts the city's shops, bars, restaurants and transport links close by.
It suits buy-to-let investors seeking strong rental demand, as well as owner-occupiers wanting a low-maintenance city base.
Strong tenant demand in a prime Manchester rental location, Red Bank sits just north of Manchester city centre, with Victoria Station and the Manchester Arena nearby for rail, Metrolink and bus connections.
The Green Quarter and the Cheetham Hill Road corridor have seen significant residential development in recent years, and the area is popular with young professionals and students.
Manchester's rental market is consistently among the strongest in the UK outside London, driven by a large working population and a major student presence.
A city-centre studio like this can offer competitive yields, and lower purchase costs than larger properties making this flat an accessible entry point for investors.
Please note the completion date is 14 days from the contract date.
Lease term - 999 Years from June 2003 Ground Rent - TBC - this information has been requested but the seller is unable to advise Service Charge - TBC - this information has been requested but the seller is unable to advise
Tenure
Leasehold
Energy Efficiency Rating (EPC)
Current Rating B
Services
Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.
Local Authority
Manchester City Council - Band A
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable.
Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
Additional Fees
Buyer's Premium - Buyers Premium: £1,500 inc VAT.
Administration Charge - In addition to the deposit Purchasers will be required to pay an administration fee of 1.5% inc VAT, subject to a minimum of £2,100 inc VAT.
Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 501 Lincoln Gate, 39 Red Bank, Manchester, M4 4AD
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