2-bedroom flat · M3 6FY
For saleReduced £8k (−4.9%) on 21 JunListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom, two-bathroom apartment located in the highly sought-after M3 6FY area, offering an excellent opportunity for both investors and owner-occupiers.
This property is particularly attractive to buy-to-let investors due to its strong rental demand and attractive yield.
The apartment features a spacious open-plan living and kitchen area, two generously sized bedrooms, and two modern bathrooms, providing comfortable and practical city living.
Its location makes it a consistently popular rental property, appealing to professionals seeking convenient access to Manchester city centre, transport links, and local amenities.
Investment Highlights: Current rental income: £1,140 per month (£13,680 per year) Ground rent: £275 per year Service charge: £2,165 per year Net Yield: 6.9% net yield This strong ~6.9% net yield combined with the property's proven rental history makes it a compelling opportunity for investors seeking a ready-to-perform asset in a popular rental location.
Key Features: Two spacious bedrooms Two modern bathrooms Open-plan living and kitchen area Long lease (250 years from 2016) Proven rental income Popular location with strong tenant demand Attractive investment yield
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
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 advisors 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 Apartment 3 Knightsbridge , Blackburn Street, Salford
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