1-bedroom flat · M1 3AR
For saleReduced £10k (−4%) on 16 OctListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to carding building!
A spacious one bedroom apartment positioned on the 6th floor of a popular canal side development with secure parking, concierge and gym facilites, in a prime city centre location.
Offered with no vendor chain.
The property spans 560 sq/ft and comprises: Secure communal entrance with lounge, post room, stairs and lift to all floors, hallway with utility store cupboards, living area with floor to ceiling windows flooding the room with natural light, open plan to a modern fitted kitchen with integrated appliances, double bedroom with built-in fitted wardrobes and a contemporary three piece bathroom suite, fully tiled with shower over bath.
Residents can also enjoy the benefits of 24 hour concierge and a state of the art gymnasium. EPC rating B (84).
Carding Building is part of the wider Manchester New Square development which was completed in May 2021.
It comprises 351 apartments across three buildings sat beside the Rochdale canal along Manchesters famous Gay village.
Residents can enjoy being in close proximity to excellent local amenities including Sackville Gardens, Manchester University and Manchester Piccadilly Train Station.
Important Information: Tenure: Leasehold Service Charge (Apartment): £1,739.09 pa (excludes buildings insurance) Service Charge (Car Park): £88.84 pa Insurance (Apartment): £515.43 pa Insurance (Car Park): £101.57 pa Ground Rent: £275 pa Lease: 250 years (less the last 3 days) from April 2018 Building Manager: Zenith Council Tax Band: D
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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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 606 Carding Building, 42 Whitworth Street, Manchester
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