3-bedroom flat · M15 4QT
To rentListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A superb three bedroom duplex Penthouse ideally located in Castlefield.
The property enjoys a corner aspect in the building and benefits from great views, internally the property is both spacious and well laid out and further benefits from air-conditioning on the ground floor and a large roof terrace.
In brief the property comprises: lower level consists of a bathroom, bedroom, large living room with access to terrace, dining area with breakfast bar to open plan kitchen, spiral staircase to upper landing, two good sized double bedrooms the master with en-suite.
The property benefits from a secure car parking space.
Lake House is a purpose built development and is conveniently located close to the ring road and a few minutes walk from the City centre and nearby tram/train links.
To check broadband and mobile phone coverage please visit Ofcom here ofcom.org.uk/phones-telecoms-and-internet/advice-for-consumers/advice/ofcom-checker
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Lake House 66 Ellesmere Street M15
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