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See how verdicts work3-bedroom house · M5 4ZA
Sold STCListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning three bedroom townhouse style property in the popular Local Crescent development, with allocated parking!
Description Savills are delighted to present this stunning and spacious three bedroom, three storey townhouse within the highly acclaimed Local Crescent development.
To the ground floor is a substantial bedroom with a luxury three piece en suite bathroom, creating an ideal guest suite, home office or more independent living space.
Further, a generous utility and storage area completes this level. At the heart of the house, the first floor opens into a bright and spacious open plan kitchen and living area.
The contemporary kitchen offers ample worktop space, a breakfast bar and fully integrated appliances.
The adjoining living space benefits from excellent natural light and a Juliet balcony, while thoughtfully redesigned herringbone flooring adds a refined, contemporary aesthetic throughout.
The upper floor provides two further bedrooms. The principal bedroom features a stylish en suite shower room, while the third bedroom enjoys direct access to its own private balcony.
Completing this floor is a sizable three piece family bathroom.
One particular highlight is the direct internal access from the upper floor into the main development, providing exceptionally convenient access to the residents’ facilities.
With a plethora of on-site amenities including a cinema room, gym, indoor swimming pool spa, sauna, laundry, concierge service, and private communal gardens with roof terrace, Local Crescent truly takes the standard of city centre living to new heights.
Externally, there is also the undoubted bonus of an allocated parking space included within the purchase price.
This is a special opportunity for a luxurious, sizeable family home in the city, with an array of on-site amenities and parking included.
An EWS1 form with an A2 rating is available, completed in September 2020. Location Local Crescent sits in an enviable location benefitting from all Manchester has to offer.
Manchester Victoria tram & train links are a mere 1.6m away whilst bus links are as close as 0.1m distance.
Manchester's inner ring road is also only 0.4m distance allowing vehicles easy access in and out of the city centre.
Whilst Deansgate offers a host of independent bars, restaurants and shopping (Manchester Arndale circa 1.2m), Regent Road retail park is also situated nearby (0.4m) with a large Sainsbury`s, tk Maxx, Boots, and much more on offer.
For sport and entertainment. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2.3m and 3.7m away respectively.
The Manchester Velodrome, part of the National Cycling Centre is also 4.8m distance, whilst Manchester tennis and racquet club also offers superb options for a variety of racket sports, including tennis, padel and squash to name a few, and is located only 1.1m distance.
For cultural activities, locally residents are only 1.5m from Manchester's famous Northern Quarter, which often hosts an array of food festivals and music gigs.
Please note all distances quoted are approximate. Square Footage: 1,366 sq ft Leasehold with approximately 244 years remaining.
Additional Info Separate annual buildings insurance of £1105 per annum Ground rent is reviewed every 10 years in line with rpi, next review to be 2030.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About 10,, Hulme Street, Greater Manchester
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