2-bedroom flat · M4 7AT
Sold STCListed 282 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Block D, forms part of the popular and well known Albion Works development in the heart of New Islington.
It's ideally located close to excellent transport links, local amenities such as the Ancoats Marina and independent coffee shops and bars.
Benefitting from being a short walk to the Metrolink station and Manchester Piccadilly station. The City centre is easily accessed and offers an array of shops, restaurants and entertainment venues.
This third floor apartment comprises of : Communal entrance with lift to all floors, private entrance hallway with storage cupboard, open plan living area / kitchen with integrated appliances, large full length balcony, two double bedrooms with the main having an en suite shower room, further main bathroom.
An ideal first time buy, or investment opportunity giving a 7.8% gross yield. Sold with NO CHAIN.
Leaseholder Information Tenure: Leasehold Service Charge: £2850 Ground Rent: £150 Lease: 250 years from 1st January 2003 Council Tax Band: C - Manchester City Council Management Company: RMG Broadband : FTTC Connection available, line active Water : Connect to mains water and drainage, supplied by United Utilities on a meter Electricity : Connected to main electric, supplied by Octopus Energy Construction : Remedied under the Building Safety Fund - EWS1 in place.
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
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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
Agent & docs
FAQ
About Block D, Pollard Street
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