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See how verdicts work2-bedroom flat · M41 0US
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the exciting new Crofts Bank development, this brand-new two-bedroom apartment combines modern design, energy-efficient living and a fantastic Urmston location.
Available through Shared Ownership, it provides an affordable opportunity to own a high-quality new home in a thriving Trafford community.
Situated on the ground floor and extending to approximately 656.59 sq ft (61 sq m), the apartment offers well-planned accommodation throughout.
The spacious open-plan kitchen, dining and living area has been designed to create a bright and sociable living space, while the stylish fitted kitchen includes integrated appliances.
The home also features two generously sized bedrooms and a contemporary bathroom finished to a high standard.
Additional features include allocated parking, EV charging and all the benefits of a newly built home, including improved energy efficiency and reduced maintenance requirements.
Crofts Bank is ideally placed for access to Urmston's popular high street, with a wide range of shops, cafés, restaurants and leisure facilities nearby.
Excellent transport connections by road and rail make commuting to Manchester city centre and surrounding areas straightforward.
With Shared Ownership, purchasers can buy an initial share of between 10% and 75% of the property's full market value, with the flexibility to increase ownership in the future through staircasing.
Based on a full market value of £250,000, examples include: * 10% share: £25,000, rent £515.63 pcm * 25% share: £62,500, rent £429.69 pcm * 50% share: £125,000, rent £286.46 pcm * 75% share: £187,500, rent £143.23 pcm Rent is calculated at 2.75% per annum on the share not owned.
Expected to be ready later this year, Crofts Bank presents an excellent opportunity to secure a contemporary new home in one of Trafford's most sought-after residential locations.
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
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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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