2-bedroom flat · M3 7GA
For saleListed 184 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AiHOMES is delighted to present this exquisite 2-bedroom apartment situated on the 8th floor of the esteemed Local Blackfriars development in the vibrant heart of Manchester.
This remarkable property is part of a secure, gated community that encompasses 380 apartments, townhouses, and penthouses, all housed within two striking towers.
The development artfully combines modern architecture with the heritage charm of the Grade II-listed former Black Friar public house, which serves as its iconic entrance.
Spanning an impressive 65 square feet, this apartment is designed to offer both luxury and practicality, making it an ideal choice for professionals, couples, or savvy investors.
The property is pet-friendly, welcoming small pets, which adds to its appeal.
Residents enjoy a wealth of exclusive amenities, including an expansive communal garden, a 24/7 concierge service, an on-site bistro and bar, a fully equipped gym, a yoga and dance studio, a private cinema room, and modern laundry facilities.
Conveniently located just a five-minute walk from Manchester’s premier shopping destinations, such as Selfridges and Harvey Nichols, as well as the trendy Northern Quarter, this apartment offers easy access to the vibrant nightlife of Deansgate and Spinningfields.
The unbeatable location enhances the lifestyle that comes with living in Local Blackfriars.
The property is leasehold with a remaining term of approximately 244 years, a ground rent of £350 per year, and an estimated service charge of £3,417.20 per year.
The current rent stands at £1,400 per calendar month, with a tenancy in place until 8th July 2025.
Please note that the accuracy of lease, ground rent, and service charge details must be verified by your solicitor upon proceeding with the purchase.
This apartment truly represents a unique opportunity to embrace modern living in one of Manchester's most sought-after locations.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Modern 2B2B Apartment | Local Blackfriars | Salford M3 | B294920BF
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