2-bedroom flat · M7 4ZU
For saleListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Calling all investors... This one’s not bad for a flat with its head in the clouds!
Sitting pretty on the 12th floor of City View, this spacious two-bedroom flat does exactly what it says on the tin – gives you one cracking view across Salford and the Manchester skyline.
And while the view might grab your attention, the numbers are what’ll keep it. The property is currently home to long-term tenants paying £1,000 pcm, and they’d be more than happy to stay put.
That means no hunting around for tenants, no empty-property headache and no shelling out on tenant-find fees – you could have rental income coming in from the off.
At the asking price, we're talking an approximate 14% gross yield. Yep. Fourteen percent. We checked it too.
Inside, you've got two bedrooms, a good-sized living space, kitchen and bathroom, with those fantastic elevated views doing a pretty decent job of reminding you that Manchester city centre is just down the road.
The location works well too. You're in an established urban Salford location, handy for local shops, amenities and transport connections, with Manchester city centre within easy reach.
And if you're not looking for a ready-made investment? No drama. The property can also be sold with vacant possession, giving buyers plenty of flexibility.
So whether you're adding another one to the portfolio or you're looking for an investment where somebody else has already done the awkward bit of finding the tenants...
This one most certainly deserves a look, give me a call to arrange a viewing Living Room (7.30 x 4.00) Open plan Living room/Kitchen Bedroom (4.20 x 2.90) Bedroom (4.20 x 2.30) Bathroom (2.20 x 2.00)
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
FAQ
About Flat 1204, City View, Highclere Avenue, Salford
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