2-bedroom flat · M16 0ZL
For saleListed 364 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
X1 Manchester Water Tower C Unit Features: - 3/F - Postcode: M16 0ZL - Area: 731 sq.ft.
- 2 Bedroom, 2 Bathroom, Living/Kitchen - Aspect: Ne, Riverside View - Furniture included - With Parking Space - With Tenancy Contract till 18/01/2025, Current Rental Price at £1,300pcm - With Balcony Facilities: - On-site Management Office - Co-working Space - A State-of-the-art Gymnasium - Secure Car Park - Cinema - Bicycle Storage Room Development Facts: - Developer: X1 Developments Ltd - Storey: 3 floors - Tenure: 243 years (from 2017) - Service Charge (p.a.): Est £572 x 4 Quarter - Ground Rent (p.a.): £395 - Completion: 2023 Location: - Walk: To Pomona Metro Station 1 mins To Cornbrook Metro Station 5 mins To Manchester United Old Trafford Station 12 mins - By Metro: To Salford Quays and Lowry Outlet 4 mins To Deansgate-Castlefield Station 5 mins To Spinningfields cbd 8 mins To MediaCity UK 12 mins Interested?
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If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment.
We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.
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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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 307C, X1 Manchester Water, Pomona Strand, Old Trafford
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