1-bedroom flat · M5 4XS
For saleListed 286 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
🌟Leasehold 🌟24 Hour Concierge 🌟Gym 🌟Juliet balcony 🌟Active tenant in place 🌟Close to local schools and amenities 🌟Passed EWS1 form Description ***investment oppertunity***one bed apartment situated in the sought after wilburm basin development located omly A ten minute walk to deansgate and castlefield with excellent access to manchester ring road.
The apartment briefly comprises from a large open plan living room with Juliet balcony, a modern fully fitted kitchen, a spacious double bedroom and a main three piece bathroom suite.
The building also benefits from a 24 hour concierge, onsite gym and cinema room.
Entrance Hall The entrance hall gives access to all rooms as well as a storage cupboard which has space and plumbing for a washing machine. Kitchen/Lounge Open plan kitchen and living area.
The kitchen comes with base and eye level units. Built in fridge-freezer, dishwasher, oved with hobs and extractor fan over head and a stainless sink with mixer tap.
Double glazed patio doors which open out to a juliet balcony and electric heating through out. Bedroom 1 Double bedroom with carpet flooring, double glazed window and electric heating.
Bathroom Fully fitted bathroom with WC, handwash basin with mixer tap and bath with shower over head and glass shower screen. Also come with heated towel rail.
Value & comps
No previous sales on record.
Returns
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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 Wilburn Basin, Ordsall Lane, Salford
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