2-bedroom flat · M5 4XR
For saleListed 768 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***cash only*** Amazing 2-bedroom 2 bath apartment in the Wilburn Basin development. 667 Sq. Ft. EWS1 Form Available. Mortgage Buyers Welcome. Available to both Investors and Owner-Occupants.
Currently 6.38% Rental Yield @ £1250 pcm. Projected 6.64% Rental Yield @ £1300 pcm. Property Tenanted until June 2026.
Lease Term : 250 Years from 2017 2024 Service charge: Approximately £1990.3 Per Annum 2024 Building insurance: Approximately £602.4 Per Annum 2024 Ground Rent: £300 Per Annum Council Tax Band - C EPC Rating - B Situated along the banks of the River Irwell, Wilburn Basin is within walking distance to Spinningfields which is a thriving hub for work, rest and plays.
Residents benefit from a variety of amenties including gym, cinema room, meeting rooms and landscaped garden. Regent Road Retail Park is right on the doorstep of the development.
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 B4.12 Wilburn Basin,, Wilburn Basin, Salford
Explore nearby
.png){kind=logo}
