2-bedroom flat · M5 4SS
For saleReduced £9k (−5.5%) on 14 OctListed 51 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-Presented Two-Bedroom Apartment with Resident Parking. Mortgage buyers welcome.
Situated on the raised ground floor of the popular Irwell Building, this well-presented two-bedroom apartment offers spacious and practical accommodation, making it an ideal purchase for first-time buyers, professionals, or investors alike.
The property briefly comprises a welcoming entrance hall, a bright and spacious open-plan living and dining area, a fitted kitchen, two well-proportioned bedrooms, and a modern bathroom with shower over bath.
The apartment benefits from ample natural light throughout and offers comfortable living in a convenient location.
Externally, residents enjoy access to resident parking which is much sought after in the city.
The development is ideally positioned within easy reach of Manchester City Centre, Salford Quays, MediaCity, local amenities, and excellent transport links.
Offering an excellent combination of location, space, and convenience, this fantastic apartment is not to be missed. Available to view now.
Key Details: Leasehold - 109 Years 7 Months Remaining Service Charge - £1438.00 pa Ground Rent - £330 pa EPC - C Parking Available B1 - EWS1
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 Apartment 11, Irwell Building,, Derwent Street, Greater Manchester
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