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 · M8 0SE
Under offerListed 522 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Martin and Co are delighted to welcome to the market this one bedroom apartment which is located in the heart of Cheetham Hill.
Currently tenanted at £780pcm its an ideal opportunity for a buy to let investor offering a great yield.
In brief the property comprises entrance hall, lounge, fitted kitchen, one double bedroom and a bathroom. The property also benefits from UPVC Double Glazing, electric heating and off road parking.
The property is located close to local amenities in Cheetham Hill and is only a short drive into Manchester City Centre. The property is offered with no onward chain.
ENTRANCE HALL Accessed via a wooden front door. LOUNGE 8' 8" x 14' 0" (2.64m x 4.27m) With UPVC double glazed windows. Electric heater.
KITCHEN 5' 5" x 9' 2" (1.65m x 2.79m) With a range of wall and base units in White with contrasting worktops over incorporating a single stainless steel drainer sink unit with mixer taps.
Integrated electric oven with four ring electric hob with stainless steel extractor canopy hood over. Space for free standing fridge/freezer. Recess plumbing for a washing machine.
UPVC double glazed window. BEDROOM ONE 7' 02" x 13' 5" (2.18m x 4.09m) With two UPVC double glazed windows. Electric heater.
BATHROOM With a two piece suite in White comprising low level toilet and pedestal wash hand basin. Fully tiled walk in shower cubicle. ADDITIONAL INFORMATION The property is in Council Tax Band A.
We have been advised by the vendor that the property is Leasehold. We have been advised that the service charge is £1425.38 per annum We have been advised that the ground rent is £250 per annum.
Agents are required by law to conduct anti-money laundering checks on all those buying a property.
We outsource the initial checks to a partner supplier Move Butler who will contact you once you have had an offer accepted on a property you wish to buy. The cost of these checks is £30 per person.
This is a non-refundable fee. These charges cover the cost of obtaining relevant data, any manual checks and monitoring which might be required.
This fee will need to be paid and the checks completed in advance of the office issuing a memorandum of sale on the property you would like to buy.
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 Bignor Street, Cheetham Hill, M8
Explore nearby
