2-bedroom flat · M15 4QT
For saleReduced £10.1k (−5.3%) on 21 AugListed 214 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two-bedroom apartment located within Lake House, part of the highly sought-after Castlefield Locks development.
Positioned on the second floor, this property offers modern city living with well-proportioned accommodation throughout.
The apartment features a spacious open-plan kitchen and living area, ideal for both relaxing and entertaining.
The contemporary kitchen is fully fitted with integrated appliances and benefits from a stylish breakfast bar.
The property is further complemented by a modern three-piece bathroom suite and a useful storage cupboard, both accessed from the entrance hallway.
Castlefield Locks is a quiet residential development of purpose-built apartments, centred around a pleasant and landscaped communal courtyard.
The development is ideally located just a short stroll from the city centre and is within close proximity to Cornbrook Metrolink Station, providing easy access across Manchester including MediaCityUK.
Subject to contract. EPC Rating C
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
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FAQ
About 52, Lake House, Castlefield
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