1-bedroom flat · M29 7WG
Listing removedListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***Tenant In Situ*** This spacious, first floor maisonette is an ideal 'hands-off' investment, sold with a sitting tenant currently paying £695PCM meaning an attractive 9.3% yield!
Ideally positioned on a popular estate in the heart of Astley and within walking distance of the V1/ V2 guided busway and just a stones throw from local shops and amenities.
This spacious maisonette is well presented and is set back from the road with a welcoming lawned area to the front and is entered via a private entrance with stairs to the first floor.
Internally, there is a hallway, spacious lounge which opens into a fitted kitchen with integrated appliances.
There is a bathroom fitted with a three piece suite and a great size double bedroom with views over communal gardens at the rear.
Externally, the property comes with a garage with electrics and there are communal gardens. The property is an ideal turn key investment with income from day one!
Book your viewing today to avoid disappointment!
Important Note to Potential Purchasers & Tenants: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Potential purchasers: Fixtures and fittings other than those mentioned are to be agreed with the seller.
Potential tenants: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details.
A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions.
Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.
WAK260047/8 Hall Lounge (3.45m x 3.1m) Kitchen (2.5m x 2.3m) Bedroom (5.4m x 2.75m) Bathroom (3.1m x 2.5m) Garage With electrics.
Communal Gardens Tenure Leasehold, 999 Years From 30/09/1970, Approx £37PA Ground Rent, £390PA Service Charge. EPC Rating D Council Tax Band A
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisors 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 112, Abbey Road, Manchester
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