2-bedroom house · M25 1HN
Listing removedListed 87 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***** No Deposit Option Available ***** Reposit – Deposit Alternative We offer Reposit as an alternative to paying a traditional cash deposit.
Reposit allows you to move into a property by paying the equivalent of one week’s rent instead of a standard cash deposit, which is typically five weeks’ rent.
This can significantly reduce the amount of money required upfront at the start of a tenancy. The Reposit payment is a non-refundable fee and is not a deposit.
As with a traditional deposit, tenants remain responsible for any valid end-of-tenancy charges.
The difference is that with Reposit, you retain control of your money and only pay for charges if and when they arise at the end of the tenancy.
If the tenancy continues beyond 12 months, an annual compulsory continuation fee of £30 is payable to Reposit to maintain the cover.
If there is a disagreement over end-of-tenancy charges and you choose to raise a dispute and go independent arbitration, a £60 dispute fee is payable.
This fee is only charged if a dispute is raised and is shared between all tenants named on the tenancy.
If valid end-of-tenancy charges are not paid, Reposit may take steps to recover the outstanding amounts, which may include legal action. This could impact your credit score.
Reposit is optional, and a traditional deposit scheme is also available. Reposit is subject to eligibility and referencing criteria and may not be offered following referencing.
For more information on Reposit, please speak to a member of our team. Cost Information If you wish to move forward, following a viewing, a holding deposit will be required at referencing stage.
This will be taken via our referencing platform and will be deducted from your first month’s rent when the tenancy starts.
The holding deposit will be retained and forfeited if the tenancy does not proceed for one of the following reasons: · You decide not to proceed with the tenancy · You provide false or misleading information · You fail a Right to Rent checks Parking - On Street
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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
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FAQ
About 16 Albert Street, Manchester
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