1-bedroom flat · M3 7GA
Sold STCListed 782 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning one double bedroom apartment in the desirable Local Blackfriars development.
Description Savills are delighted to present this stunning ninth floor, one double bedroom apartment in the highly acclaimed Local Blackfriars development.
With a plethora of on-site amenities including a cinema room, gym, launderette, concierge service, and private communal gardens, Local Blackfriars takes the standard of city centre living to new heights.
The apartment briefly comprises of a well sized open plan living and kitchen area, with ample kitchen worktop space. Fully integrated appliances come as standard.
The bedroom is a well-sized double, with excellent built in wardrobe space. The primary bathroom is a 'Jack and Jill' style luxury three piece suite with bath and overhead shower facility.
Please note the property is currently available to investors only as it is tenanted until September 2026 at £1180pcm. EWS1 Form available!
Location Local Blackfriars sits in an enviable location benefitting from all Manchester has to offer.
Manchester Victoria tram & train links are a mere 0.6m away whilst bus links are as close as 0.1m distance.
Manchester's inner ring road is also only 0.1m distance allowing vehicles easy access in and out of the city centre.
Whilst Deansgate offers a host of independent bars, restaurants and shopping (Manchester Arndale circa 0.4m), Regent Road retail park is also situated nearby (1m) with a large Sainsbury`s, tk Maxx, Boots, and much more on offer.
For sport and entertainment. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2.5m and 2.6m away respectively.
The National Cycling Centre is also 3.0m distance from the property.
For cultural activities, locally residents are only 1m from Manchester's famous Northern Quarter, which often hosts an array of food festivals and music gigs.
Please note all distances quoted are approximate. Square Footage: 472 sq ft Leasehold with approximately 243 years remaining.
Additional Info Ground rent is reviewed in line with rpi and the next review date is 26th June 2029, reviewed then on each tenth anniversary of 2029.
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 advisors 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)
FAQ
About Apartment 913, Block B, 56, Bury Street, Greater Manchester
Explore nearby