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 work1-bedroom flat · M50 3AL
For saleReduced £10k (−5%) on 23 OctListed 53 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Julie Twist Properties are delighted to welcome to the market this beautifully presented eighth floor (top-floor) apartment, ideally located within Ariel Apartments in Salford Quays.
Offering modern living with an impressive sense of space rarely found in one-bedroom city apartments.
This generously proportioned home provides a perfect blend of contemporary style, comfort modern city amenities with peaceful surroundings and stunning water views.
This stylish one-bedroom apartment comprises a fully fitted, recently upgraded Wren kitchen with integrated appliances and quartz worktops, which is open-plan to a bright and spacious living area with bespoke shelving and desk set up for a small office or working from home area.
A particular highlight of the property is the beautiful water views, offering a peaceful outlook during the day and spectacular sunsets in the evenings.
The property also benefits from a generous king-sized bedroom with large fitted wardrobes, along with a three-piece bathroom suite.
Set on the top floor, the apartment offers a sense of privacy and elevation often missing from city centre apartments.
Whether enjoying a quiet morning coffee overlooking the water, watching the sunset from your living room or shared garden, or entertaining friends in the spacious open plan setting.
This home perfectly captures the appeal of waterside living. The property is walking distance from two metrolink stops (Exchange quay, and Salford Quays) on the Media City and Eccles lines.
General: Rental Yield: 6.6% (based on an expected rental income of £1100pcm) Service Charge: £1225.20 per annum Ground Rent: £115 per annum Ground Rent Review Period: Reviewed every 10 years inline with rpi Lease: 250 years from and including 1 October 2020 and to and including 30 September 2270 Square Footage: 541 sq.ft / 50.2 sq.m Council Tax Band: B Salford City Council Management Company: Grainger EWS1 in Place with an A3 Rating.
A letter from the developer confirms that Grainger plc will not pass on to leaseholders any costs associated with fire remediation works within communal areas, as defined in the lease.
Living Area Double-glazed floor to ceiling window offering beautiful views over the water, wood effect flooring, a wall-mounted heater, phone/TV point and spotlights.
Kitchen Open-plan to the living area, is a beautifully renovated kitchen, comprising wall and base units with a Quartz worktop, integrated fridge/freezer, integrated dishwasher, built-in oven with four ring induction hob and extractor over, inset sink with mixer tap, wood effect flooring, spotlights and extractor.
There is also access to a cupboard housing the water heater and with plumbing for a washing machine/dryer.
Bedroom Double-glazed floor-to-ceiling windows with electric blinds, carpeted flooring, wall-mounted heater, fitted wardrobes and a ceiling light.
Bathroom A three-piece bathroom suite comprising of a bath with shower attachment over, WC, sink with mixer tap, heated towel rail, mirrored wall cabinets, tiled flooring, extractor and spotlights.
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
.png)
FAQ
About Apartment 802, Ariel Apartments, Ottinger Close, Salford
Explore nearby