1-bedroom flat · M3 5GT
To rentListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
AVAILABLE 29TH NOVEMBER - A BEAUTIFUL ONE BEDROOM APARTMENT WITH ACCESS TO 5-STAR FACILITIES The Lettings Club are delighted to offer to market a stunning one bedroom, first floor apartment in the luxury development, Novella Apartments.
Providing super-convenient access into Manchesters financial district of Spinningfields, the development benefits from a host of hotel style facilities on-site and free for residents to use.
The high spec continues into the apartment itself, benefitting from quartz worktops, AEG appliances and a full package of attractive furniture. Parking is available separately at an additional cost.
This beautiful apartment is likely to be extremely popular so please get in touch as soon as possible if you think it might be of interest!
A look inside the property: The apartment briefly comprises; Entrance hallway with ample storage, open plan kitchen // living space with floor to ceiling windows, master bedroom, good sized family bathroom and a further storage cupboard.
Location: Situated in the heart of Salfords most popular residential area, Novella is in the perfect location with many shops, bars and some of Manchester best restaurants right on your doorstep.
Residents also benefit from excellent transport links via Manchester Victoria and Salford central train stations, a short walk from the development.
Points of interest: - Spinningfields: 5 minutes walk - The Ivy, Menagerie, 20 stories and Firefly restaurants: All within 6 minutes walk - St Peters Square tram stop: 15 minute walk - University of Manchester: 25 minutes walk - Manchester Victoria station: 18 minutes walk - Salford Central station: 15 minutes walk
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.
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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
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