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See how verdicts work2-bedroom flat · M1 5LR
For saleReduced £21.3k (−5%) on 21 JunListed 299 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning two bedroom apartment situated on the 36th floor in the sought after Viadux, a prime M1 Location.
Description Savills are delighted to present this stunning two bedroom apartment within the sought after Viadux development, set amongst the imposing Victorian lattice girder bridges of the Castlefield Viaduct.
This fantastic corner unit property has a spacious open plan living/kitchen area and offers spectacular unmatched views over the city.
The kitchen comes fully fitted with integrated appliances including a fridge/freezer and dishwasher.
The double bedrooms are well-appointed and spacious with the primary bedroom enjoying a stylish en suite bathroom. Completing the apartment is a luxury three piece suite main bathroom.
Viadux offers outstanding facilities including a 24 hour concierge, outstanding swimming pool, spa, private lounge and workspaces, gymnasium and wellness suite, private cinema room and a karaoke room.
Prospective buyers are informed the apartment is currently tenanted on a monthly periodic rolling contract, with owner occupiers therefore welcome to enquire also!
EWS1 Form available, with an A1 rating, completed April 2024.
Location Viadux stands proudly above Castlefield Locks and strategically connected to the iconic former railway station, Manchester Central, Viadux brings a unique opportunity to those wishing to live within the heart of the city centre.
Oxford Road Station is only 0.5m walk allowing quick and easy access to train and tram links around Manchester.
Home Manchester is also situated nearby (0.2m) which provides an array of entertainment, food and beverage options within easy reach. 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 2.3m away respectively.
For cultural activities, locally residents are only 0.4m from the Palace Theatre, in addition to being 0.1m from Deansgate where you'll find an excellent choice of independent bars, restaurants and music choices.
Please note - all distances provided are approximate. Square Footage: 781 sq ft Leasehold with approximately 248 years remaining.
Additional Info We are advised the ground rent is peppercorn, and the building insurance is charged separately at £788.85 per annum.
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.
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FAQ
About Flat 3610,, Viadux, Manchester
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