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See how verdicts work2-bedroom flat · M1 3WE
For saleReduced £15k (−5.7%) on 23 OctListed 12 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This 2nd floor two bedroom apartment is located close to the Universities, The Village and a short walk to Piccadilly Station.
Entrance hall with storage, large living room with high ceilings and picture window. The kitchen has white wall and base units with appliances.
The master bedroom has en-suite shower room and second double bedroom. The bathroom has an electric shower and cast iron columns. The large windows all have secondary glazing.
Conventional radiator heating system. Underground parking space. Velvet house is part of Granby Village development and benefits from a swimming pool and Gym.
Located in the heart of Manchester, this apartment provides both comfort and convenience. Don't miss out on the opportunity to make this your new home sweet home!
The Property Entrance Hall Laminate flooring with built in storage cupboard housing central heating boiler. Living Room (4.94 x 5.38 (16'2" x 17'7")) Large picture windows with secondary glazing.
Laminate flooring and radiators. High ceilings and open to- Kitchen (3.08 x 2.09 (10'1" x 6'10")) Fitted with white wall and base units and circular sink unit. Oven, hob and extractor hood.
Cast iron column and tiled splash backs. Tiled floor. Bedroom One (4.66 x 3.00 (15'3" x 9'10")) Secondary glazed large picture window. Radiator.
En-Suite Shower cubicle, wash hand basin with worktop, w.c . Towel radiator. Bedroom Two (3.66 x 3.33 (12'0" x 10'11")) Secondary glazed large picture window. Radiator.
Bathroom (2.05 x 2.10 (6'8" x 6'10")) Three piece suite with electric shower over the bath, wash hand basin and wc. Cast iron column, part tiled walls, and tiled floor. Chrome radiator.
External Allocated underground parking space. The residents have access to the swimming pool complex and gym Additional Information The lease is 125 years from 1991. Includes one parking space.
No ground rent is payable. Service charge is £3708 inc building insurance, parking, gym and water charges.
Tbc Building Managed By Scanlans Agents Notes To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
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.
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About Apt 17, Velvet House, Granby Village
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