Studio flat · M3 6GP
No longer listedListed 23 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We Let Properties have this beautifully converted ground floor contemporary studio apartment at the former Town Hall Building, situated in popular Bexley Square which is perfectly located close to the city centre and is only few minutes walk to Spinningfields, transport links and Deansgate.
This apartment is located on the lower ground and is very smart, spacious and has been redecorated throughout.
The apartment is very large for a studio apartment and comprises; entrance leading to a good size open plan lounge and dining area with a fully fitted kitchen with all appliances including oven, hob, fridge freezer, washing machine and dishwasher and plenty of work surface space..
There is a large double bedroom area with a wardrobe unit for ample storage and desk.
There is a well presented shower room with a white three piece suite with overhead shower which is finished to a high standard and has vanity shelf and heated towel rail.
The apartment is offered fully furnished to a good standard and will be sure to impress. The Town Hall is situated on Bexley Square which is home to several local bars and cafes.
Being positioned just off the A6 the property is within walking distance which is ideal for those who want everything from a city centre apartment without the heavy price tag.
The added benefit is this apartment is close to all transport links and the free metro shuttle bus. This apartment will rent quickly, so contact We Let Properties to discuss the property further.
These particulars are believed to be accurate but they are not guaranteed and do not form a contract.
Neither We Let Properties nor the lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
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Redress scheme provided by: The Property Ombudsman (D7253) Client Money Protection provided by: Client Money Protect (CMP005133)
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 000 Town Hall, Bexley Square, Salford
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