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See how verdicts work1-bedroom flat · M1 1AL
Sold STCListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***INVESTMENT OPPORTUNITY*** *TENANT IN SITU* *RENT £1195 P/M* *9% YIELD* *EXCELLENT RENTAL RETURN* *445 SQFT* EWS1 IN PLACE Oxid House is located right in the heart of the vibrant Northern Quarter, located on the corner of Newton Street and Great Ancoats Street.
The Northern Quarter is packed with popular restaurants, bars, cafes and one of Manchester's most famous locations, Affleck's Palace and is also a mecca for DJ's and live bands.
Manchester's main railway stations, Piccadilly and Victoria are within an easy walking distance.
The city centre public bus terminals are very close in neighbouring Stevenson Square, Piccadilly Gardens and at Chorlton Street Coach Station.
Nearby Metrolink Trams stations include; the Piccadilly Altrincham line at Piccadilly Gardens, the Bury Line at Market Street and the Ashton line at New Islington.
This two bed apartment is 656 sq ft and is located on the 9th Floor; the apartment interiors are white and bright, with spacious rooms, many with fabulous views across the City skyline.
White gloss fitted kitchens with high end touches and integrated appliances combine to provide contemporary and practical open plan living accommodation.
Each bedroom is a double sized room with an en-suite bathroom and modern bathroom suites, fixtures and fittings to complete the amazing 'chic' looking City apartment.
The development boasts high end amenities such as on site concierge, roof top gardens with stunning views, and a fully equipped gymnasium. Ground rent- £374 pa Service charge- £1647 pa
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 Newton Street, Manchester, Greater Manchester, M1
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