2-bedroom flat · M3 4NN
Sold STCReduced £5k (−2.8%) on 22 JulListed 146 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the heart of Castlefield, just moments from Deansgate and Deansgate-Castlefield Metrolink, and within a short walk of Spinningfields and the Museum of Science and Industry, this 2nd floor apartment is superbly located.
The property comprises an entrance hallway, bright open-plan living area with Juliet balcony, open to the fitted kitchen complete with integrated oven, hob appliances.
There are two generous double bedrooms and a large stylish main bathroom suite.
No Chain Entrance Hall Laminate flooring with an electric heater and cupboard housing the hot water system and washer Living Room (5.02 x 4.48 (16'5" x 14'8")) This spacious room has a Juliet balcony, laminate flooring and two electric heaters.
Open to- Kitchen (1.89 x 3.55 (6'2" x 11'7")) Double glazed window. Laminate flooring with wall and base units with sink unt, oven, hob and extractor.
Bedroom One (3.17 x 3.12 (10'4" x 10'2")) Double glazed window and electric heater Bedroom Two (2.83 x 4.14 (9'3" x 13'6")) Double glazed window and electric heater Bathroom (1.75 x 2.85 (5'8" x 9'4")) Three piece Additional Information Service Charge £1,828.90 Ground Rent £250 pa which rises by £50 every 25 years commencing on 1st January 2031 Lease 125 Years from 2000 Building Managed By Dempster Management Services Limited Agents Note To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations.
We outsource this check to a third party and a charge will apply. Ask the branch for further details.
Disclaimer Important note to purchasers: The lease, ground rent and service charges should all be checked via the solicitors for clarification.
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as guide to prospective buyers only, and are not precise. If floor plans where included, these may not be to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us.
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
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FAQ
About Apt 6, Premier Point, Manchester
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