Studio flat · M1 6NG
Listing removedListed 504 days
Opportunity summary
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About
Ideal Investment Opportunity. A 4th floor studio apartment of 226 sq ft (21 m²), presently let on fixed term AST until 23/08/25 at £950 pcm including utility bills.
Fantastic location within a quarter of a mile of Manchester University and Piccadilly Station. Great alternative for potential tenants looking for something different from halls of residence.
Parents may be interested in purchasing for their children attending University. ACCOMMODATION: Ground Floor Communal Front door, staircase and communal lift. 4th floor: Studio Apartment.
Lounge/Dining Room/Kitchen/Bedroom Area, an irregular shaped room measuring 15 ft 4 on average x 14 ft on average (4.67m x 4.27m) with video intercom entry phone system, expansive double glazed window, attractive laminate flooring, built in fitted wardrobes with inset for double bed, headboard, overhead cupboards, bedside shelf, stainless steel extractor hood, ceramic hob with combination microwave oven below, stainless steel sink, Corian worktop, grey high gloss doors, electric heating, door to Shower Room/WC combined with white suite comprising low level WC, wall basin, glazed corner shower cubicle with shower, feature mirror, part tiled walls, ceramic tiled floor.
Council Tax Band: B Travelling along Whitworth Street in the direction of Piccadilly Station, turn right at the traffic light junction into Princess Street and proceed for approximately 200 metres and the development, 90 Princess Street, can be found on the right hand side above a Spar supermarket Tenure: We are advised by the vendor the property is believed to be long leasehold for the residue of leasehold for the residue of 250 years from 07/08/2015 (240 years remaining).
Depending on the Leasehold /Freehold title any current Ground/Chief Rent, if applicable, together with current service charge details are to be confirmed by the Vendors solicitor (but are available on request from our office at any time).
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 90 Princess Street, Manchester, M1
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