1-bedroom flat · M16 9FH
Listing removedListed 502 days
Opportunity summary
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About
EW1 Certified: A2 rating.
Situated within a quarter of a mile of Manchester city centre and Metrolink tram station and within half a mile of Salford Quays in popular development Millennium House, an attractive, purpose built 1st floor apartment of approx.
473 sq ft with electric heating system, aluminium double glazing, intercom entry, communal lift, one designated parking space. Ideal for owner occupier or property investor.
ACCOMMODATION: Hall with front door, Utility cupboard with plumbing facilities.
Feature Lounge/Dining Room/Kitchen (front), measuring 19 ft 10 x 10 ft 11 (6.05m x 3.33m) with attractive fitted Kitchen area with fitted units with white doors and granite effect worktops extractor hood, electric hob, under oven, sink unit, integral dishwasher, space for fridge/freezer, divider unit.
One Double Bedroom (front) measuring 11 ft 6 x 9 ft 4 (3.51m x 2.84m).
Bathroom/WC combined with white suite with chrome fittings comprising low level WC, pedestal wash hand basin, bath with glazed shower screen and over bath shower, vanity plinth, chrome heated towel rail, part tiled walls.
Outside, to the rear of the development is a residents car park with designated parking space. Great location.
Council Tax Band: A Tenure: We are advised by the vendor the property is believed to be long leasehold for the residue of 199 years from 29/09/2004 (170 years remaining).
Depending on the Leasehold /Freehold title any current Ground/Chief Rent, if applicable, together with current service charge details are to be confirmed by the Vendors solicitor (but are available on request from our office at any time).
Value & comps
No previous sales on record.
Returns
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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 Millennium House, 366 Chester Road, Manchester, M16
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