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See how verdicts work2-bedroom flat · M5 3DR
For saleReduced £12.5k (−7.1%) on 16 SepListed 78 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Tenure: Leasehold An excellent opportunity to acquire a well-proportioned, fourth-floor apartment within the popular Saltra development on Elmira Way.
Positioned in the heart of Salford Quays, this two-bedroom, two-bathroom property comes complete with dedicated parking and is available to both cash and mortgage buyers.
It represents an ideal purchase for first-time buyers, or a high-yielding addition to a buy-to-let portfolio.
Prime Salford Quays Location: Situated in Platt House within the sought-after Saltra development, offering excellent proximity to MediaCityUK, local amenities, and the Salford Quays Metrolink station Strong Investment Potential: Previously let at £1200 per calendar month, delivering a strong gross yield of 8%.
Scope exists to achieve higher rental yields following minor cosmetic updates.
Fourth-Floor Position: Accessible via a communal lift, offering privacy and elevated views Fully Furnished Option: Offered to the market with all white goods and furniture included, if desired by the purchaser Allocated Parking: Includes an off-street parking space The apartment features a spacious layout designed for modern living.
The main living area provides ample space for both lounge and dining setups, leading through to a fully equipped kitchen complete with white goods.
The sleeping accomodation comprises two generous bedrooms, including a primary bedroom with an ensuite shower room, alongside a separate main bathroom serving the second bedroom and guests.
Whether you are looking for a reliable, high-yield investment, or a conveniently located home close to the Quays, early viewing is highly recommended.
EPC Rating: B Location Prime Salford Quays Location, opposite Salford Quays Metrolink station. Parking - Off Street
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 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.
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FAQ
About Apt 26, Platt House, Salford
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