1-bedroom flat · M23 0GG
Sold STCListed 141 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the ever-popular Kerscott Development, just off Sale Road, this unique studio apartment offers an excellent opportunity for first-time buyers and investors alike bringing a possible 7.5% yield opportunity.
Ideally positioned within easy reach of the Metrolink, providing excellent transport links to surrounding areas and Manchester city centre.
Offered for sale with no onward chain, this charming split-level property is arranged over two floors, creating a distinctive and versatile living space.
Upon entering, a welcoming hallway with a useful storage area leads to a ground-floor bathroom.
Stairs rise to the first floor where you’ll discover a bright and flexible open-plan living/bedroom area, allowing you the freedom to arrange the space to suit your lifestyle and personal taste.
The separate kitchen is well-proportioned and designed to accommodate all your essential appliances and utilities.
Externally, the property benefits from private off-road parking, adding further convenience to this attractive home.
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.
SAL260374/2 Entrance Hall A hard wood front door leading to into a entrance hallway, a radiator and a built in storage cupboard housing the combination boiler.
Access to the bathroom and first floor.
Bathroom A white three piece suite features a panelled bath with a shower above, a low level WC, a pedestal wash hand basin tiled flooring, part tiled walls a radiator and a window to the rear elevation.
Stairs Leading To The First Floor A built in large cupboard providing storage.
Living Room/Bedroom A living room/bedroom area features a wood effect flooring a radiator, three double glazed windows to both front and rear allowing ample lighting to flow throughout, and access to the kitchen.
Kitchen The kitchen is fitted with a range of base and wall units with a complimentary work surface over, stainless steel sink, space for cooker, space for washing machine, space for a fridge/freezer, Tenure/Council Tax Freehold.
Manchester borough council. Council tax band A. External The property features a private parking area to the rear.
Agents Notes To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
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.
Area
Agent & docs
FAQ
About Hawkridge Drive, Manchester, Greater Manchester, M23
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