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See how verdicts work2-bedroom flat · M3 5NF
For saleReduced £75k (−15.8%) on 9 OctListed 268 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Julie Twist Properties are delighted to present this unique, duplex apartment set on the 16th floor of The Edge development.
The apartment offers an expansive, open-plan kitchen, dining and living area, which opens onto an impressive private terrace that offers panoramic views of Manchester City Centre.
On this level, there is also a three-piece bathroom suite, and two storage cupboards.
On the upper level, you are met with two generously sized bedrooms, both of which provide access to a second terrace, and one of which has access to a walk-in wardrobe and ensuite bathroom.
There is also an office which is accessed via the landing. The property comes complete with two secure, allocated parking space - a bonus in this prime city-centre location.
The Edge benefits from an onsite concierge and is within a few minutes walk of Deansgate, Arndale Shopping Centre, Spinningfields and Salford Crescent Station, providing easy access to an array of restaurants, bars, theatres, and shops.
General: Rental Yield: 5.24% (based on a rental price of £2400pcm) Service Charge: £6615 per annum Ground Rent: £250 per annum Ground Rent Review Period: Reviewed every 25 years, linked to property value (set at 0.1% of value).
Next review due January 2027.
Lease: 250 Years from 1st Jan 2002 Square Footage: 1190 sq.ft (110.6 sq.m) (excluding outdoor space) Council Tax Band: F Management Company: Scanlans Property Management Hallway Wooden flooring, spotlights, access to two storage cupboards, one of which houses the boiler, wall-mounted heater, and intercom.
There are also carpeted stairs to the upper level, which leads to both bedrooms, as well as an additional office space.
Living Area Wooden flooring, wall-mounted heaters, spotlights, concrete column, double-glazed windows with sliding doors leading onto a private terrace and phone/ TV points.
Kitchen Open plan to the living area, the kitchen comprises a range of wall and base units, integrated fridge/freezer, sink with mixer tap and drainer, built-in oven with extractor fan and four-ring hob, built-in dishwasher, under-unit lighting, wooden flooring, spotlights, concrete column, access to a storage cupboard with plumbing for washing machine.
Bathroom Three-piece bathroom comprising bath with shower attachment over, WC, wash hand basin, tiled flooring, heated towel rail, wall mirror and spotlights.
Bedroom 1 Carpeted flooring, double-glazed, floor-to-ceiling windows with a sliding door leading onto the second terrace, built-in wardrobes, wall-mounted heater and spotlights.
Bedroom 2 Carpeted flooring, double-glazed floor-to-ceiling windows with sliding doors leading onto the second terrace, access to a walk-in wardrobe, wall-mounted heater, spotlights and access to the ensuite.
Ensuite A three-piece bathroom comprising a large shower cubicle, WC, wash hand basin, tiled flooring, heated towel rail, wall mirror and spotlights.
Other There are two private terraces with panoramic views of Manchester City Centre, as well as two allocated parking spaces.
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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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.
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FAQ
About 228, The Edge Clowes Street, Salford
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