2-bedroom flat · M5 4LW
Listing removedReduced £24k (−34.3%) on 26 SepListed 100 daysAuction 8 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by live stream auction on Tuesday 8th September 2026 at 12PM *guide price £70,000+ Attention landlord investors!
A spacious, two-bedroom apartment located in the ever-popular Fusion Development, which is conveniently placed within walking distance to Manchester City Centre as well as local shops and Salford University.
The apartment it situated on the fourth floor and benefits from lift access. Accommodation comprises entrance hall, lounge, kitchen, two bedrooms, one with en-suite and a main bathroom.
We have not yet viewed the tenancy agreement; however, we believe the property is currently achieving £1050pcm/£12,600pa representing an attractive gross yield of 18% or 11.8% net when based on the quoted guide price.
Lease Length -150 years (less 10 days) from 1.1.2004 Ground Rent - tbc Accomodation Lounge Kitchen Bedroom One Bedroom Two En-Suite Additional Information Tenure Leasehold Council Tax Band B Disclaimer Any information in relation to the length of lease, service charge, ground rent has been confirmed by our sellers.
We advise buyers to make their own enquiries through their solicitors to verify that the information provided is accurate and not been subject to any change.
Charges & Payments In addition to the deposit Administration Charge: 1.5% inc VAT of the purchase price subject to a minimum of £2,100 inc VAT.
Disbursements Any additional disbursements payable by the purchaser are yet to be confirmed by the vendor's solicitor. For more details, please see the legal pack.
Guide Price Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction.
Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Apartment 17, Fusion 3, 14, Middlewood Street, Greater Manchester
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