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 house · M6 6QU
Listing removedListed 168 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investment Studio Available | Brand New Development | Sitting Tenant in situ!
| Suitable Investment Opportunity - Cash Buyer | Peppercorn Ground Rent 4th Floor Investment Studio | New Development | Fully Tenanted Investment Opportunity | Cash Buyer Investor This completed and tenanted studio apartment offers immediate rental income for investors seeking a hassle-free opportunity.
Key Details: 4th floor Peppercorn Ground Rent 999-year lease (from 2024) EWS1 approved Fully tenanted achieving £975 pcm Service Charge £2,529 p/a Located just seconds from major university buildings and only six minutes from MediaCityUK, the development sits adjacent to X1 The Campus - a thriving, 100% occupied complex of over 300 studios that continues to enjoy exceptional rental demand.
Resident Facilities Include: Fully equipped gymnasium Laundry facilities and secure bike storage Excellent connectivity - just a five-minute walk from Salford Crescent Station Apartment Features: Each studio is fully furnished and fitted to a high specification, with: Modern kitchens featuring integrated appliances and quality worktops Fully tiled ensuite bathrooms in a sleek, contemporary finish For further details or to discuss current investment opportunities, contact the X1 Sales & Lettings team today.
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
FAQ
About Cheltenham Place, 33 Frederick Road, Salford, M6
Explore nearby
