2-bedroom flat · M15 4ZE
For saleReduced £7.5k (−2.3%) on 16 JulListed 144 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Elizabeth Tower is an iconic building in the heart of the one of the Manchester's most desirable neighbourhoods, the Crown Street development.
This awe inspiring tower comprises 52 storeys of elegant residential apartments, the finest facilities, spectacular views and one of the highest swimming pools in Western Europe.
Manchester's main high-street and Deansgate Train Station are situated just a 5 minute walk away (0.2 miles) and also within close proximity is the historic Castlefield area, a popular leisure hotspot (0.1miles) This light and spacious two bedroom apartment is located on the 11th floor and has been finished to a high specification throughout thoughtfully arranged to include an entrance hallway, large open plan sitting room incorporating a stylish kitchen with high end integrated appliances.
Two large double bedrooms, with the master benefitting from a separated dressing area and en-suite shower room.
A family bathroom and enclosed utility area complete with washer/dryer, are located off the spacious hallway.
The enviable far reaching views across Castlefield can be enjoyed from all rooms and will continue to improve in years to come with the regeneration of the surrounding areas by the North Wests leading developer, Renaker.
Additional Information 794 Sq. Ft. Service Charge: Circa £2884 per annum Ground Rent: Circa £410 per annum Building Insurance: Circa £386 per annum Tenure: Leasehold
Value & comps
No previous sales on record.
Returns
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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 16, Silvercroft Street, Manchester
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