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See how verdicts work2-bedroom flat · M41 0US
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb opportunity to own a brand-new two-bedroom apartment at Crofts Bank, a contemporary new development located in the vibrant town of Urmston.
Available through Shared Ownership, this ground floor home combines modern design with affordable living.
Offering approximately 656.59 sq ft (61 sq m) of internal space, the apartment has been thoughtfully planned to create a bright and practical home.
The open-plan living, dining and kitchen area provides the perfect setting for entertaining or relaxing, while the stylish kitchen comes complete with integrated appliances.
Two spacious bedrooms and a contemporary bathroom complete the accommodation.
Designed with convenience in mind, the property benefits from allocated parking, EV charging provision and energy-efficient construction throughout.
Crofts Bank enjoys a convenient location close to local shops, cafés, restaurants, supermarkets and leisure facilities, with excellent transport links providing easy access to Manchester city centre and surrounding areas.
Available through Shared Ownership, buyers can purchase an initial share from 10% to 75% and increase their share in the future through staircasing, up to full ownership.
Based on a full market value of £240,000: 10% share: £24,000, rent £495.00 pcm 25% share: £60,000, rent £412.50 pcm 50% share: £120,000, rent £275.00 pcm 75% share: £180,000, rent £137.50 pcm Rent is calculated at 2.75% per annum on the share not owned.
Anticipated handover is later in 2026. Please note that Shared Ownership eligibility criteria apply and all prices and rent figures are subject to final approval.
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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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.
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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 1-3 Old Cross Bank Urmston Manchester M41 0US
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