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See how verdicts work2-bedroom flat · M5 3DR
For saleListed 101 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to present this beautifully furnished two-bedroom, two-bathroom apartment, recently redecorated, located in Platt House within the sought-after Saltra development.
Perfectly situated between Salford and Trafford, this property benefits from allocated parking and is in an ideal location for both convenience and accessibility.
Positioned on the second floor, this spacious apartment boasts an entrance hallway with an adjoining utility room.
The new laminate flooring flows seamlessly into the open-plan kitchen/diner and living area.
The large living space incorporates both the lounge and dining areas, with a Juliet balcony that floods the room with natural light.
The kitchen is well-appointed, offering ample storage, plenty of worktop space, and modern appliances, including an oven, hob, fridge freezer, integrated washing machine, and dishwasher.
Both bedrooms are generously sized doubles with excellent storage options. The master bedroom benefits from an en suite shower room.
The main bathroom is contemporary, featuring a white three-piece suite with an overhead shower, vanity shelf, mirrored wall, and shaver point.
The apartment is furnished to a high standard and comes with the added convenience of an allocated parking space within the secure, gated development.
Saltra is located on the edge of Salford Quays, just off Trafford Road, within walking distance of local amenities, including quality restaurants, BBC Media City, and The Lowry Theatre.
The development is only a five-minute drive from Manchester city centre and offers easy access to major road links, including the M6, M62, and City Ring Road. EWS1 Available. B1 Rating.
Mortgage buyers welcome. Service Charge: £2,245 per annum Ground Rent: £406.58 per annum Lease Term: 127 years remaining Property additional info Kitchen Lounge Bedroom Bathroom Bedroom Bathroom
Value & comps
No previous sales on record.
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 asking
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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
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FAQ
About 11 Platt House, 5 Elmira Way, Salford Quays
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