2-bedroom flat · M4 1ED
Sold STCListed 429 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
EWS1 Certified. Available to Owner Occupiers only. NO CHAIN.
Located right in the heart of the vibrant Northern Quarter, adjacent to the Arndale Shopping Centre, a most attractive, extensive, purpose built 5th floor apartment of approx 635 sq ft with electric heating system, double glazing, video intercom entry bell system and communal lift.
ACCOMMODATION Ground Floor - Communal Entrance Hall with video intercom entry bell system, staircase and lift to all floors Communal 5th floor landing: Apartment Hallway with front door, laminate flooring, built in Cloaks Cupboard, decorative glass block wall to Lounge, built in airing cupboard.
Extensive Lounge/Dining Room (rear) Measuring approx 16 ft 2 x (4.93m) x 13 ft 10 (4.22m) with two aluminium double glazed windows, laminate flooring, low voltage spotlighting, video intercom entry phone system, storage heater, decorative glass block wall/window to hallway, opening to Kitchen area.
Kitchen/Breakfast Room Area (mid) Measuring approx 10 ft 2 (3.10m) x 8 ft 9 (2.67m) with ceramic tiled floor, fitted units with beech finish doors and granite effect worktops including breakfast bar, space for fridge, space and plumbing for washing machine, space for freezer, stainless steel extractor hood, ceramic hob and electric under oven, ceramic tile splashbacks, single drainer sink unit.
Bedroom One (rear) Measuring 11 ft 6 (3.51m) x 9 ft 7 (2.92m) with aluminium double glazed window, storage heater.
Bedroom Two (mid) Measuring 7 ft 8 (2.34m) x 7 ft 4 (2.24m) with window to lightwell, wall heater.
Bathroom/WC combined (mid) White suite with chrome fittings comprising low level WC, pedestal wash hand basin, bath with glazed shower screen and over bath shower, extractor fan, full tiled walls, ceramic tile floor, chrome heated towel rail, shaver point.
Directions Travelling along Cross Street, on coming to the traffic light junction with Market Street, turn right into Market Street proceeding virtually its full length and at the top of the road, turn left onto High Street.
Proceed along High Street where the development can be found on the right hand side.
Local Authority is Manchester City Council Council Tax Band: C Tenure We are advised by the vendor the property is believed to be long leasehold for the residue of 125 years from 01/01/2004 (102 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).
Service Charge There is a service charge payable to the Management Company and further details are available on request from our office.
Value & comps
No previous sales on record.
Returns
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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 56 High Street, Manchester, M4
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