2-bedroom flat · M1 5JW
For saleReduced £5k (−2.1%) on 9 OctListed 361 days
Opportunity summary
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About
Julie Twist Properties welcomes to the market this two bedroom apartment located within the popular development of Bridgewater Bank.
Positioned on the second floor, the property offers a a spacious living area which has access to a private south facing balcony.
There is a separate fully fitted kitchen, as well as two double bedrooms and a main three-piece bathroom suite. The apartment also benefits from a secure allocated parking space.
Bridgewater Bank is a purpose-built development located on the banks of the Bridgewater Canal and is located right in the heart of the city centre, with Oxford Road, Deansgate and St Peter's Square only a couple of minutes away.
All of these offer a range of bus, train and Metrolink options making travel within and out of the city centre very easy.
An array of bars, restaurants, shops, cafes and theatres are all within a short stroll, offering the very best of city centre living right on your doorstep.
General: Rental Yield: 6.9% (Based on expected rental price of £1,350pcm) Service Charge: £2,526.87 per annum Ground Rent: £87 per annum Ground Rent Review Period: Increases by £15.00 every 25 Years Lease: 150 from 1st Jan 1998 Square Footage: Sq.ft 637 (59.2 sq.m) Council Tax Band: D Management Company: Casserly Property Management Hallway Oak flooring, ceiling lights, access to a storage cupboard housing the boiler and space and plumbing for a washing machine/dryer, wall-mounted heater and intercom entry system.
Living Area Double-glazed French doors opening onto a private balcony, oak flooring, wall-mounted heater, phone / TV point, wall lights and spotlights.
Kitchen Separate to the living area, the kitchen comprises wall and base units, space for a free-standing fridge/freezer, a built-in oven with four-ring hob and extractor over, integrated dishwasher, a stainless steel sink with mixer tap and drainer, oak flooring and ceiling lights.
Bedroom 1 Double-glazed window, carpeted flooring, wall-mounted heater and ceiling lights. Bedroom 2 Double-glazed window, oak flooring, wall-mounted heater and ceiling lights.
Bathroom Accessed via the hallway, a three-piece bathroom comprising bath and shower attachment over, WC, sink with mixer tap, towel rail, tiled walls, tiled flooring, extractor and spotlights.
There is also access to an additional storage cupboard. Parking This apartment benefits from a secure allocated parking space.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Flat 7, 88 Great Bridgewater Street, Manchester
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