Studio flat · M50 3BS
Sold STCListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Stunning 10th floor Studio Apartment - Sold With Tenant In Situ Abito 10.10 is a contemporary, open-plan studio apartment located in the heart of Salford Quays, one of the North West’s fastest-growing investment zones.
Positioned on the 10th floor, this dual-aspect corner studio benefits from floor-to-ceiling windows offering abundant natural light and far-reaching cityscape views.
Featuring a high-spec kitchen, integrated storage, fold-away bed, and a modern bathroom, this compact yet well-designed space consistently attracts professional tenants working in MediaCity, central Manchester, or nearby hospitals and universities.
For investors seeking a more hands-free investment, Pure Investor can offer a cost-effective, fully managed service.
Pure currently manages over 150 properties for our investors throughout central Manchester.
Financial Snapshot Metric Value Asking Price £105,000 Current Rent (PCM) £850pcm + £100pcm parking = £950 Annual Rent (Current) - £11,400 Gross Yield (Current Rent) - 10.86% Ground Rent £200/year Service Charge £1,834.28/year (charged quarterly)
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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 Abito, Clippers Quay, Manchester
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