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 work2-bedroom flat · M40 7NA
Sold STCListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Victoria Mill in Manchester was a 19th-century cotton spinning mill built in two stages between 1869 and 1873, designed by architect George Woodhouse .
The development is in the regenerated Miles Platting area, close to the Rochdale Canal. A very popular location that is with a short stroll to the city centre.
Located on the 4th floor is this bright and exceptionally spacious luxury apartment.
This dual aspect apartment consists of a hallway with a utility cupboard, lounge with focal window, separate contemporary fitted kitchen with integrated appliances , two generous bedrooms both of a double size with the master bedroom benefitting from an ensuite showroom.
The main bathroom offers a three piece fitted suite in white with feature white brick type wall tiling. Available with chain free and vacant possession.
Victoria Mill also benefits from bike storage on each floor. EPC D Leasehold 250 year from 2024 Ground rent £167 per year Service Charge £3400 per year Management company Carrick Reid
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 8 Lower Vickers Street, Manchester, Lancashire, M40
Explore nearby
