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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
Introducing this brand-new two-bedroom apartment at Crofts Bank, an exciting new development in one of Trafford's most desirable locations.
Available through Shared Ownership, this home offers an affordable way to purchase a modern property in the heart of Urmston.
Located on the ground floor and extending to approximately 656.59 sq ft (61 sq m), the apartment has been designed with comfort and practicality in mind.
The generous open-plan living, dining and kitchen area provides an ideal space for both everyday living and entertaining, while the contemporary kitchen includes integrated appliances for a sleek finish.
Two well-sized bedrooms and a stylish bathroom complete the accommodation.
The property also benefits from allocated parking, EV charging and the advantages of owning a brand-new home, including greater energy efficiency and reduced maintenance costs.
Ideally situated, Crofts Bank is just a short distance from Urmston town centre, offering a range of independent shops, supermarkets, cafés and restaurants.
Excellent road and rail connections make commuting into Manchester and the surrounding areas simple and convenient.
With Shared Ownership, purchasers can buy an initial share between 10% and 75% of the property's full market value, with the opportunity to increase their share in the future through staircasing.
Based on a full market value of £247,000, examples include: * 10% share: £24,700, rent £509.44 pcm * 25% share: £61,750, rent £424.53 pcm * 50% share: £123,500, rent £282.97 pcm * 75% share: £185,250, rent £141.48 pcm Rent is calculated at 2.75% per annum on the share not owned.
Construction is expected to complete later this year, offering purchasers the opportunity to secure a stylish new home before completion. Shared Ownership eligibility criteria apply.
Share prices and rental figures are indicative and subject to final confirmation.
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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