We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · M4 4TF
Under offerReduced £6k (−2.1%) on 26 OctListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Property Second Floor Two-Bedroom Apartment – Tobacco Factory Phase 1, Ludgate Hill, Manchester Situated within the distinctive Tobacco Factory Phase 1 development on Ludgate Hill, this stylish 1st floor apartment offers contemporary living within a striking modernist design.
The property features two generously sized double bedrooms, both enhanced by characteristic mid-20th-century glass block windows that provide a unique aesthetic while allowing natural light to filter through.
The principal bedroom benefits from a sleek ensuite shower room, while the second bedroom is conveniently located near the main bathroom, complete with a shower over bath.
The spacious lounge and dining area is a standout feature, boasting an elegant mullioned picture window that creates a bright and inviting living space.
This area flows seamlessly into a modern fitted kitchen, equipped with an integrated oven and hob, a practical serving hatch, and additional glass block windows that maintain the apartment’s distinctive design theme.
The property also boasts secure garage parking.
Overall, this property offers a blend of contemporary finishes and architectural character, perfectly suited to those seeking a stylish home within a unique development.
Location Located on Ludgate Hill, this property sits on the edge of Manchester’s vibrant and ever-evolving city centre, placing residents within easy reach of some of the city’s most desirable neighbourhoods.
Just a short walk away is the lively Northern Quarter and Ancoats.
Location Transport connections are excellent, with Manchester Victoria Station and Manchester Piccadilly Station both easily accessible, offering local and national rail services, as well as Metrolink tram links across Greater Manchester.
TO BOOK A VIEWING - You can use the brochure link in the full property description in the Rightmove advert or speak to an expert - whatever you need, we're available.
Reach us from 9am - 6pm between Monday and Friday, and from 9am - 5pm on a Saturday.
Property ownership information Ground rent review period: Every 1 year Service charge review period: Every 1 year Lease end date: 01/01/2997 Property Description Disclaimer This is a general description of the property only, and is not intended to constitute part of an offer or contract.
It has been verified by the seller(s), unless marked as 'draft'.
Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it.
If you require clarification on any point then please contact us, especially if you’re traveling some distance to view.
All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks.
Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer.
You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale.
The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits.
Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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.
Area
Agent & docs

FAQ
About 30 Ludgate Hill, Manchester, M4
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