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See how verdicts work1-bedroom flat · M4 5BT
Sold STCListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This beautifully presented one-bedroom apartment is located on the third floor of the highly sought-after MM2 development on Pickford Street, in the heart of Ancoats, directly opposite the Northern Quarter in Manchester.
The property is maintained in immaculate condition throughout and offers bright, contemporary city living, making it an ideal purchase for first-time buyers, professionals, or buy-to-let investors.
The accommodation centres around a spacious open-plan kitchen, dining, and living area which enjoys a desirable corner aspect, with full-height windows on two sides allowing an abundance of natural light to fill the space.
The modern fitted kitchen is equipped with integrated appliances, while the living area comfortably accommodates both dining and lounge furniture, creating a versatile and sociable layout.
The apartment further benefits from a large double bedroom with fitted wardrobes and full-height windows, as well as a stylish bathroom featuring a walk-in shower and modern fittings.
The sense of space and light continues throughout, enhancing the apartment"s clean, modern feel. MM2 is a well-regarded modern development known for its design and prime location.
The property is ideally positioned just a short walk from Cutting Room Square and Ancoats Marina, with the independent bars, restaurants, cafés, and cultural venues of the Northern Quarter directly across the road.
Manchester city centre and excellent transport links, including Piccadilly Station, are also within easy walking distance.
This is a turn-key city centre apartment in one of Manchester"s most desirable and high-demand locations, and early viewing is highly recommended.
Currently let at £1,200 pcm on a rolling basis Lease 999 years (less three days) from 1 January 2002 Ground rent: Zero Service charge: £1,200 per year Council tax band B
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.
Area
Agent & docs
FAQ
About Pickford Street, Manchester, M4 5BT
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