2-bedroom flat · M4 4DH
For saleListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Goodwin fish is delighted to offer for sale a spacious apartment benefiting from high ceilings, large windows and industrial features at Phase 3 The Tobacco Factory.
Located in the NOMA district, one of Manchester`s most popular neighbourhoods, the area is home to artisan coffee at Aeropres and Pot Kettle Black, the Co-op Group at NOMA, independent food vendors art Mackie Mayor, craft ale at Black Jack microbrewery, and live music at New Century Hall.
The property is less than a five minute walk to Victoria train station or Shudehill Metrolink.
Located at raised ground floor level and recently redecorated, this bright property briefly comprises: entrance/hallway; open plan lounge/diner; corner kitchen with integrated appliances; primary bedroom with access to en suite facilities; larger second double bedroom; primary bathroom.
The property is sold with the use of an allocated car parking space and is offered chain free with vacant possession.
Annual service charge: £3,132.00 Annual ground rent: £100.00 Length of lease: 999 years from 2000 Management company: Complete Property Management Solutions Ltd Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Anti-Money Laundering (AML) Checks - As part of making an offer, we`re required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers.
To cover the cost of this process, a non-refundable fee of £60 inc VAT per buyer is payable when your offer is accepted.
This is a standard requirement for all buyers and ensures your offer can be progressed as quickly and smoothly as possible.
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 Phase 3 The Tobacco Factory, 2a Naples Street, NOMA District
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