2-bedroom terraced house · M13 0EA
For saleListed 31 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
TO BE SOLD VIA ONLINE AUCTION ON OCTOBER 21ST -22ND UNLESS SOLD PRIOR UNDER AUCTION TERMS 47 Carmoor Road, Victoria Park, M13 0EA A rare opportunity to acquire two self-contained one-bedroom flats , offering an attractive investment opportunity with two separate rental income streams.
Each flat comprises a lounge, kitchen, bathroom and double bedroom, with the property also benefiting from front and rear yards.
Flat 1 is currently tenanted at £808 per calendar month, while Flat 2 is tenanted at £893 per calendar month, producing a combined rental income of £1,701 per month, equivalent to £20,412 per annum.
Similar one-bedroom properties in the surrounding area are achieving rental values in the region of £900 - £950 per calendar month per flat, highlighting potential for rental growth.
The property is situated in the popular Rusholme/Victoria Park area of Manchester, an established residential and rental location with strong links to Manchester city centre and The University of Manchester.
The property is also well positioned for the amenities of Rusholme and Wilmslow Road, including the famous Curry Mile, which provides a wide variety of restaurants, takeaways, cafés and independent shops.
The area is particularly popular with students and young professionals.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 47, Carmoor Road, Victoria Park
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