We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · M3 5GT
For saleListed 4 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to Novella! This well presented one bedroom apartment is situated on the 5th floor, featuring an open-plan living and kitchen area with a Juliet balcony.
The modern kitchen is finished with elegant quartz worktops and high-specification integrated AEG/Zanussi appliances.
The bedroom offers a full-length fitted wardrobe, complemented by luxurious grey carpeting. The bathroom is finished to a high standard, featuring Hansgrohe taps and a rainfall shower over the bath.
Novella combines contemporary design and high-quality finishes with an excellent range of resident amenities, including a 24-hour concierge, communal lounges, gym and wellness suite, private dining area, co-working spaces, bicycle storage and a sixth-floor podium roof garden offering impressive city and river views.
The Tour Upon entering the property, you are welcomed into a modern open-plan kitchen, living and dining area, finished with laminate flooring throughout.
The contemporary kitchen is fitted with AEG/Zanussi appliances, including a fridge freezer, oven, hob, extractor fan and dishwasher.
The living area benefits from a Juliet balcony, allowing natural light to flow into the space.
The apartment also offers two useful storage cupboards, one of which houses a washer dryer, providing additional practicality and convenience.
The double bedroom features fitted carpeting, a built-in wardrobe and a floor-to-ceiling window, creating a bright and comfortable space.
Completing the property is a partially tiled bathroom, fitted with a bath and overhead shower.
The Area Situated in the popular New Bailey district, Novella enjoys a prime riverside location on the banks of the River Irwell, just moments from Manchester city centre.
The development is ideally placed for the vibrant restaurants, bars and cafés of Spinningfields, as well as the shops, leisure attractions and cultural hotspots of Manchester and Salford.
With Salford Central railway station within easy walking distance and excellent connections across the city, the location is perfectly suited to professionals and those seeking a contemporary urban lifestyle with the added appeal of riverside surroundings.
Lease Information Lease Length and Years Remaining: 240 years - 236 years remaining Service Charge Per Annum: £1992 Ground Rent Per Annum: £0
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
.png){kind=logo}
FAQ
About 15 Stanley Street, Salford
Explore nearby
