Studio flat · M20 6AP
Let agreedListed 107 days · slow let
Opportunity summary
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About
Affordable Studio Apartment for Applicants Aged 55+ – Digby Lodge, Fog Lane, Didsbury, Manchester M20 6AP Sanctuary Housing is delighted to offer this affordable second-floor studio apartment at Digby Lodge, Fog Lane, Manchester, M20 6AP.
This well-located home is ideal for a single person aged 55 or over, whether retired or still working. Property Details EPC Rating: C Floor Area: 30 sq.
m Accommodation: Second-floor studio apartment Access: Level access Occupancy: Suitable for one person aged 55+ Weekly Rent and Charges Rent:£96.58 Service Charge: £43.05 Warden Call Service: £1.43 Total Weekly Charge: £141.06 No deposit is required.
Applicants will only need to pay one week's rent in advance before the tenancy starts.
Location and Community Situated on Fog Lane, the property benefits from excellent local amenities, including shops, a Post Office, and a supermarket.
Digby Lodge is conveniently located close to major bus routes, making travel around Manchester easy.
Residents can enjoy a welcoming community atmosphere with a range of social activities, including: Quiz nights Coffee mornings Other resident events and gatherings The property is also just a 10-minute walk or a short bus journey from the vibrant Didsbury Village, offering a variety of shops, cafés, restaurants, and local services.
Tenancy Information This home is offered with an assured tenancy (lifetime tenancy), providing long-term security and peace of mind.
In some circumstances, new residents may begin with a 12-month starter tenancy (assured shorthold tenancy).
Subject to satisfactory conduct, including no rent arrears or anti-social behaviour issues, this will automatically convert to a lifetime assured tenancy after 12 months.
Additional Benefits Decorating packs may be available through Dulux Decorator Centres for eligible homes. A friendly and established residential community for people aged 55 and over.
Pets Please note that dogs and cats are generally not permitted in flats.
This is an excellent opportunity to secure an affordable, well-connected home within a friendly community in the heart of Didsbury.
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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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
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FAQ
About Digby Lodge, Fog Lane, Manchester
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