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See how verdicts work2-bedroom flat · M1 1AL
For saleReduced £5k (−2.1%) on 26 OctListed 55 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***INVESTMENT OPPORTUNITY*** *TENANT IN SITU* RENT £1425 PCM *8% YIELD* *HIGH RENTAL YEILD* *679 SQFT* Philip James are proud to present this luxury two bedroom apartment, located on the 2nd floor of Oxid House, Ancoats.
Representing a fantastic 8% yield, this property provides an amazing investment opportunity within one of Manchester City Centres' rental hotspots.
Ideally located, this property lies directly on the border of Ancoats and the Northern Quarter, allowing for easy access to all the bars, restaurants and amenities both neighbourhoods have to offer.
The property itself comprises of; two spacious double bedrooms, two large bathrooms and an open plan lounge/ kitchen. Service charge : £2506 PA Ground rent: £371 PA
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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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.
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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 Newton Street, Manchester City Centre, Greater Manchester, M1
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