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See how verdicts work3-bedroom flat · M3 6DW
For saleListed 657 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
31 Richmond Court, 50 North George Street, Salford, M3 6DW. We are acting in the sale of the above property and have received an offer of £160,000 on the above property.
Any interested parties must submit any higher offers in writing to the selling agent before exchange of contracts takes place.
A larger than average first floor, three bedroom, one bathroom apartment, with secure parking. The property boasts three double bedrooms, and a spacious open plan living/dining/kitchen area.
Offered with vacant possession, this property is not subject to a chain, and would be a fantastic investment property with rental potential of circa £1250pcm, or an excellent first time home.
The property is situated conveniently within walking distance to the city centre, Salford central station, and close to Salford University. Service charge - £1686.64 per annum.
Ground rent - £100 per annum Lease length remaining - 981 years Entrance/hallway - 1.98m (6'6") x 2.56m (8'5") Living room/kitchen - 6.89m (22'7") x 6.34m (20'10") Bedroom One - 3.26m (10'8") x 4.45m (14'7") Bedroom Two - 3.18m (10'5") x 2.56m (8'5") Bedroom Three - 2.95m (9'8") x 2.74m (9'0") Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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.
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
Agent & docs
FAQ
About 31 Richmond Court, North George Street, Manchester
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