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See how verdicts work3-bedroom flat · M25 0NT
For saleReduced £25k (−4.2%) on 6 OctListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold Tucked away within a beautifully maintained and wonderfully peaceful gated development, this impressive three-bedroom penthouse offers exceptionally spacious and versatile accommodation in a highly sought-after Prestwich location.
Despite its tranquil surroundings, the property is conveniently positioned within a 15-minute walk of Prestwich Village and approximately eight minutes from Heaton Park and the Metrolink.
The development is approached through an impressive wrought-iron gated entrance, opening onto mature trees, neatly clipped hedgerows and attractive communal gardens that create a welcoming and secure environment.
Occupying an elevated position within the newer part of the development, the apartment enjoys lovely views across the grounds towards the striking Grade ii-listed Tuscan-style villa.
Lift access provides added convenience, while a private double garage offers excellent parking and valuable additional storage space.
Internally, the property provides an exceptional amount of living and entertaining space.
At its heart is a superb open-plan lounge and dining area, complete with a fitted bar and direct access to a private balcony overlooking the landscaped communal gardens.
A separate formal dining room offers the perfect setting for hosting family and friends, while the well-appointed kitchen features a range of integrated appliances, generous worktop space and a breakfast bar for more informal dining.
A separate utility room adds further practicality, keeping everyday appliances neatly tucked away.
The accommodation continues with three generously proportioned bedrooms, two of which benefit from their own private en-suite facilities, alongside a separate guest WC.
Combining substantial accommodation, beautiful elevated views, lift access and a double garage within one of Prestwich’s most peaceful gated settings, this distinctive penthouse represents a rare opportunity.
An internal viewing is highly recommended to fully appreciate the space, outlook and lifestyle it has to offer. Disclaimer These particulars are issued by Normie Estate Agents as a general guide only.
They are not intended to be relied upon as statements of fact and do not form part of any offer or contract.
Measurements, descriptions, fixtures, fittings, services, and appliances are approximate and have not been tested.
All interested parties must independently confirm the accuracy of any information provided, including but not limited to planning permissions, tenure, ground rent, service charges, and other material facts, before proceeding with a sale or tenancy.
Floor plans are for illustrative purposes only and should not be relied upon for accuracy.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 18 The Residences, Manchester
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