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See how verdicts work2-bedroom flat · M4 1AB
Sold STCListed 238 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
During its reign, the Smithfield market dominated the site and at the time was Manchester`s largest fresh produce provider. It is now one of Manchester`s most vibrant neighbourhoods.
An area where independence thrives. Occasionally referred to as the `Camden of the north`, it is ideal for commuters who desire to be within walking distance to Victoria or Piccadilly.
Designed by Muse, the external facade of this development is a stark contrast to the original grade II listed market building which was redeveloped to provide the jewel in the Northern Quarter`s crown, the Mackie Mayor.
Located on the second floor, offering an estimated 807 sqft and benefiting from a bright corner aspect, the apartment briefly comprises: entrance/hallway with storage cupboard; open plan lounge/diner with access to a balcony; kitchen with integrated appliances; primary double bedroom with fitted wardrobe and en suite; second double bedroom with fitted wardrobe; primary bathroom.
Sold as seen the property is offered with vacant possession and no onward chain. We can confirm the development has an EWS1 form with B1 rating which may be required by lenders issuing a mortgage.
Tenure: Leasehold Annual service charge: £3,725.76 Annual ground rent: £250.00 Length of lease: 250 years from 2013 Current rental income: £1,500.00 pcm Management company: urbanbubble Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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 122 High Street, Northern Quarter
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