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See how verdicts work2-bedroom flat · M41 0US
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Crofts Bank, an exciting new collection of contemporary apartments in the sought-after town of Urmston.
Available through Shared Ownership, these thoughtfully designed homes offer an affordable opportunity to step onto the property ladder in a vibrant and well-connected location.
This attractive ground floor two-bedroom apartment extends to approximately 656.59 sq ft (61 sq m) and is ideal for modern living.
The spacious open-plan kitchen, dining and living area creates a bright and welcoming space, complemented by a stylish kitchen complete with integrated appliances.
The apartment also benefits from two well-proportioned bedrooms, a contemporary bathroom, allocated parking and EV charging.
Ideally positioned close to Urmston town centre, residents can enjoy a wide range of independent shops, cafés, restaurants and everyday amenities.
Excellent transport connections provide easy access to Manchester city centre, Trafford and beyond.
With Shared Ownership, you can purchase an initial share between 10% and 75% of the property's full market value and increase your share over time through staircasing.
Based on a full market value of £245,000, examples include: * 10% share: £24,500, rent £505.31 pcm * 25% share: £61,250, rent £421.88 pcm * 50% share: £122,500, rent £280.73 pcm * 75% share: £183,750, rent £140.36 pcm Rent is calculated at 2.75% per annum on the share of the property not owned.
Expected to be ready later this year, Crofts Bank presents an excellent opportunity to secure a brand-new home in one of Trafford's most desirable locations.
Shared Ownership eligibility criteria apply. Share prices and rental figures are indicative and subject to final approval.
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 1-3 Old Cross Bank Urmston Manchester M41 0US
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