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See how verdicts workStudio flat · M50 3DJ
Listing removedListed 1320 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to offer for sale this well proportioned studio apartment at the brand new Northill Apartments Development, Salford Quays.
The apartment is located on the 5th floor and comprises laminated flooring throughout, fully fitted and integrated kitchen, modern bathroom with power shower and outside balcony.
The apartment will be available fully furnished. Greater Manchester is one of the top property hotspots in the UK and, within the region, Salford is leading the way.
This has been particularly apparent at Salford’s waterfront which has been injected with £560m worth of investment, regenerating the site from underused docklands into a business hub with world-class facilities and a rich cultural offering.
Service Charges £1,114.44 PA (at time of advertising) Ground Rent £345 PA Lease Length 250 Years EWS-1 Grade A1 EPC Rating B Kitchen Dining Area 4.13m x 2.61m Laminated flooring, recessed spotlights to ceiling, range of wall and base units, flat edged work surfaces, sink and drainer with mixer taps, integrated electric oven and hob with stainless steel splashback and extractor, integrated dishwasher, integrated fridge freezer, opens onto living area.
Living/Bedroom 4.52m x 3.3m Laminated flooring, wall mounted electric radiator, ceiling to floor double glazed window and door leading onto outside balcony, Bathroom 2.19m x 1.68m Tiled flooring, low level w/c, pedestal wash basin, panelled bath with power 'over' shower and splashguard, chrome vertical towel warmer, recessed spotlights to ceiling, tiled to compliment.
Outside Balcony Glass & chrome balustrade.
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 Northill Apartments, 65 Furness Quay, Salford, M50
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