2-bedroom flat · M1 2FW
For saleReduced £10k (−3.9%) on 21 AugListed 158 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Oxygen Tower, 50 Store Street, Manchester, M1 2Fw Luxurious apartment with 5* resident amenities in the M1 postcode!
Stylish 14th floor apartment with two bedrooms, two bathrooms and open plan living area.
Yieldit present this incredible apartment in one of Manchester city centre’s most exciting and desirable developments.
The 32 storey neighbourhood is perfectly positioned in the trendy New Islington District of the city.
Residents have access to an unrivalled selection of 5 star amenities including 24/7 hotel-style concierge service, a 25 metre luxury pool, cinema room, gymnasium and residents lounge to name a view.
The property is positioned on the 14th floor and the accommodation is spacious including entrance hallway; large utility cupboard; open plan living space with large floor to ceiling windows and the kitchen is finished to a high specification with appliances included such as oven, hob, fridge freezer and dishwasher.
There are two double bedrooms, main bathroom and ensuite to the master.
Oxygen Tower sits in a prime position of Manchester's diverse and thriving city centre close to Ancoats Marina and the Northern Quarter.
Just a short walk from an abundance of shops, restaurants, bars, clubs and plenty of other attractions.
Piccadilly Station is just a two-minute walk and several University campuses are also within walking distance. Please note, lettings and management fees may apply.
Financial Breakdown Gross Rent: £18,900.00 Net income: £15,087.80 Gross yield: 7.41% Net yield: 5.92% Please contact agent for full financial breakdown.
Important note to purchasers: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract.
Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-08502
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.
Area
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FAQ
About Flat B1402 Oxygen Tower, 50 Store Street, Manchester
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