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See how verdicts work1-bedroom flat · M3 7GA
Sold STCReduced £5k (−2.9%) on 26 OctListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on the 11th floor of the highly regarded Local Blackfriar's development, this well presented one-bedroom apartment enjoys a pleasant aspect overlooking the beautifully landscaped communal gardens.
The property offers a bright and contemporary living environment, ideal for first-time buyers, professionals or buy-to-let investors seeking a prime city-fringe location.
The accommodation briefly comprises a spacious open-plan living and kitchen area with integrated appliances and ample workspace, providing an ideal setting for both everyday living and entertaining.
The double bedroom is well-proportioned and benefits from fitted wardrobe space, while the modern bathroom is finished to a high standard with a three-piece suite and shower over bath.
Local Blackfriars is widely recognised as one of Salford's most desirable residential developments, offering residents access to a range of premium on-site amenities including a concierge service, fully equipped gymnasium, cinema room and beautifully maintained communal gardens.
The development is perfectly positioned within walking distance of Manchester city centre, Deansgate and Victoria Station, making it an excellent choice for commuters and those looking to enjoy everything the city has to offer.
Offered with vacant possession, this property represents an excellent opportunity to secure a stylish home or investment within a well-established and popular development.
Key Features: 11th floor one-bedroom apartment Attractive outlook over landscaped communal gardens Located within the sought-after Local Blackfriars development Residents' gym, cinema room, concierge and communal gardens Walking distance to Manchester city centre and transport links Ideal for first-time buyers or buy-to-let investors Vacant possession EPC Rating: B EWS1 Form available (A2 rating) Accommodation: Kitchen / Living Area 23'0" x 10'4" A bright and well-proportioned open-plan living space, ideal for both relaxing and entertaining.
Kitchen Area Fitted with a range of contemporary off-white base and wall units complemented by granite work surfaces and a frosted glass splashback.
Integrated appliances include a fridge, freezer, slimline dishwasher and washer/dryer, along with an electric oven, four-ring electric hob and extractor hood over.
Inset one-and-a-half bowl sink with mixer tap. Tiled flooring and ample power points.
Living Area Comfortable living space featuring a tall double-glazed window providing an attractive outlook over the communal gardens. Electric radiator, television and telephone points.
Bedroom 15'11" (max) x 9'6" A generously sized double bedroom featuring a tall double-glazed window overlooking the communal gardens, allowing for excellent natural light.
Fitted with two double wardrobes providing ample hanging and storage space. Electric radiator, television and telephone points.
Bathroom 5'6" x 8'5" Contemporary Jack and Jill style bathroom fitted with a modern three-piece suite comprising a wall-mounted WC and wash hand basin with shelf and mirror above.
Panelled bath with rainfall shower over and glass shower screen. Tiled splashbacks, heated towel rail and recessed spot lighting.
Tenure Leasehold Approximately 243 years remaining Service Charge / Ground Rent Ground rent: £350 per annum reviewed in line with RPI Next review date: 26 June 2029 Service charge: £189 pcm Building insurance contribution: £388 per annum (Figures to be verified by solicitors) Council Tax Band: B Development Information Local Blackfriars is a modern residential development completed in recent years and remains one of the most popular developments in the Blackfriars / Greengate area due to its high-quality amenities and proximity to the city centre.
Residents benefit from: Concierge service Residents' gymnasium Cinema room Landscaped communal gardens Secure entry system Lift access to all floors Location Local Blackfriars is ideally positioned on the edge of Manchester city centre, providing convenient access to Deansgate, Spinningfields and Manchester Victoria Station.
A wide range of restaurants, bars, retail and leisure facilities are all within walking distance, making this an excellent location for both owner-occupiers and tenants alike.
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.
Area
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FAQ
About Bury Street, Manchester, Greater Manchester, M3
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