2-bedroom flat · M1 5LJ
Sold STCListed 99 daysAuction 5 Aug · ended
Opportunity summary
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About
TO BE OFFERED BY ONLINE AUCTION ON 05/08/2026 12:10 As an auction property the details are subject to change. Please check our website for any updates or addendum entries.
Description *VIEWINGS AND 360 DEGREE TOUR AVAILABLE UPON REQUEST* A residential investment property comprising a two bedroom apartment on the 16th floor benefiting from open plan living and residential amenities including 24 hour concierge, gymnasium, pool and spa, residents lounge, cinema room and more.
The property is Let on an Assured Shorthold Tenancy agreement producing £25,200 per annum.
Location Location The property is located in the prestigious and highly sought after Viadux development right in the hearty of the City Centre.
Accommodation Open Plan Kitchen/Living Room, Master Bedroom with En Suite Shower Room, Second Bedroom with a Jack and Jill main Bathroom/W.C Tenure The property is held Leasehold for a term of 250 years from the 1st May 2024.
The current service charge is £1,103.16 per quarter.
Tenancies The property is Let on an Assured Shorthold Tenancy agreement for a term of 6 months from the 16th February 2025 at a current rent of £2,100 pcm. The tenant is holding over.
EPC Energy Performance Asset Rating - B Buyer's Administration Fee There will be a Buyer's Administration Fee of £2,500 (inc VAT) payable upon exchange of contracts. Additional Information 1.
The information contained within the Particulars are given in good faith, but all descriptions, statements, dimensions ( these may have come from a third party source e.g.
the seller, valuation reports or historic sales particulars), references to condition and permissions for the use and occupation or other details are made without responsibility and should not be relied upon as representation of fact.
2.
If a video walk through, or any other form of virtual tour, is provided whilst every effort is made to accurately give an overview of the property we cannot give any warranty concerning the nature, and condition of the property and the suitability thereof for any and all activities and use.
The video, or tour, is provided to assist only and without responsibility and should not be relied upon as representation of fact, or replace all appropriate due diligence a prudent purchaser would make.
Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 1604 Viadux, 42 Great Bridgewater Street, Manchester, Lancashire, M1 5LJ
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