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See how verdicts work1-bedroom flat · M15 4QJ
For saleReduced £10k (−6.3%) on 20 OctListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Julie Twist Properties welcome to the market this 5th floor apartment located within the Ropeworks on Little Peter Street.
The apartment features an entrance hallway with access to two storage cupboards, one of which houses a brand new boiler and central heating system, a newly fitted kitchen with integrated appliances which is open plan to the spacious living/dining area.
There is also a generously sized bedroom which has French doors leading onto a private balcony offering City Centre views and a four-piece bathroom suite complete with a separate shower, bath, sink, and WC.
Positioned just off Whitworth Street the property is extremely central and is only a few minutes' walk to Deansgate Station, the Deansgate-Castlefield Metrolink stop and to Oxford Road.
The Ropeworks is only a few minutes walk to a local Sainsbury's convenience store, and to the many bars and restaurants that Deansgate and First Street has to offer.
General: Rental Yield: 8.06% (based of a rental price of £1075pcm) Service Charge: £1522.64 per annum (this includes Buildings Insurance) Ground Rent: £235.40 per annum Ground Rent Review Period: Reviewed every 10 years inline with rpi Lease: 150 Years from 1st December 2002 Square Footage: 544 sq.ft ( 50.5 sq.m) Council Tax Band: C Management Company: Zenith EWS1 in Place - B1 Rating Hallway Laminate flooring, ceiling light, access to two storage cupboards one of which houses the boiler, wall-mounted heater and intercom entry system.
Living Area Double glazed window, laminate flooring, wall-mounted heater, phone/TV point and wall lights.
Kitchen Open-plan to the living area, the kitchen comprises wall and base units, integrated fridge and integrated freezer, integrated washing machine/dryer, built-in oven with four ring hob and extractor over, stainless steel sink with mixer tap and drainer, laminate flooring, ceiling light and wall light and extractor.
Bedroom Double-glazed window and door leading onto a private balcony with views of the City Centre, laminate flooring, wall-mounted heater and wall lights.
Bathroom Accessed via the hallway, a four-piece bathroom comprising a bath, large shower cubicle, WC, sink with mixer tap, heated towel rail, partially tiled walls, tiled flooring, extractor and wall lights.
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
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FAQ
About Apartment 58 (Block B), The Ropeworks, 35 Little Peter Street, Manchester
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