2-bedroom flat · M4 6NA
For saleListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Islington Wharf, set in Manchester’s Ancoats, New Islington.
We have a collection of two bedroom contemporary apartments in the heart of this buzzing and increasingly fashionable neighbourhood.
These apartments are available to buy as part of the Shared Ownership Scheme. Floor-to-ceiling windows fill the apartment with gleams of natural light.
This spacious two bedroom apartment comprises entrance hallway, with secure video door entry system, with large utility and storage cupboard housing a washer/dryer, leading to a spacious open-plan kitchen and dining area and living room.
With a large master bedroom including fitted wardrobe, storage is aplenty. The master bedroom also benefits from an ensuite bathroom with shower.
Cormar grey carpeting gives a soft and warm finish to the bedrooms. The second double bedroom is also a generous size. Vinyl flooring throughout the rest of the apartment.
These apartments also come with fitted roller blinds to all windows. Islington Wharf is a major part of this resurgence, and the waterside element is a big part of its appeal.
The canal brings a touch of tranquillity and breathing space to the urban setting, and there’s a marina tucked away in the middle of it all.
Everywhere, there’s a successful mix of old and new, the refurbished textile mills standing alongside gleaming new apartment buildings.
It has become a real neighbourhood, complete with homes, shops, places to work, and green open space. Manchester has so much to offer.
We’re very pleased to be able to add to its attractions with these superb modern apartments within easy walking or Metro distance to the centre of the city. What is Shared Ownership?
Shared ownership could be your step on to the property ladder. This home ownership scheme allows you to purchase a share in your home and rent the remaining unowned share.
Over time, in most cases you can buy more shares in your home but restrictions may apply in some locations. Starting from as little as 25%, and rising up to 75% of the property’s value.
You then pay subsidised rent to Latimer on the remaining share of your home.
Please note: An aml fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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
FAQ
About Plot 904,, Islington Wharf, Manchester
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