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See how verdicts work2-bedroom flat · M3 4JL
For saleReduced £20k (−6.5%) on 20 OctListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned on the fourth floor of an exclusive and well maintained development, this spacious two-bedroom apartment offers an exceptional standard of luxury city centre living.
Flooded with natural light throughout, the property features a beautifully presented interior with a generous open-plan living and dining space leading onto a private balcony, ideal for both relaxing and entertaining.
There are two well-proportioned double bedrooms, with the principal bedroom benefitting from a stylish en-suite, alongside a contemporary main bathroom finished to a high standard.
The apartment further benefits from off-street parking and quality finishes throughout.
Ideally located within walking distance of Manchester’s renowned restaurants, bars, shopping destinations and excellent transport links, this property presents a fantastic opportunity to acquire a premium home in the heart of the city.
Available with no onward chain Lease: 125 years 7 Months remaining Service Charge: £3,902 per annum Ground Rent: £329 per annum Council Tax Band: E EPC Rating: C Parking Included
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
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FAQ
About Apartment 408, 1, Rice Street, Greater Manchester
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