2-bedroom flat · M11 4DG
Under offerListed 226 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the vibrant heart of East Manchester, this fifth-floor apartment in The Drum on Stuart Street offers modern living and convenience.
Spanning 549 square feet, the property features two well-proportioned bedrooms, making it an ideal choice for first time buyers, or investors.
The open-plan living area is designed for both comfort and functionality, seamlessly integrating a fitted kitchen with ample storage and workspace.
Large windows allow natural light and patio door opens onto the private balcony, where you can enjoy picturesque views of Philips Park and the river.
This apartment comes with the added benefit of parking.
Its prime location places you just two miles from the city centre, with easy access to the Etihad Stadium, Co-Op Live, and Eastlands Asda, ensuring that all your daily needs are within reach.
Cladding work is scheduled to commence in 2025, which has been taken into consideration when pricing the apartment.
This presents a opportunity to purchase before potential price increases when an EW1S form is secured.
Previously tenanted, this property is offered with vacant possession, making it an excellent investment opportunity for those looking to enter the rental market.
Whether you are seeking a new home or a strategic investment, this apartment on Stuart Street is not to be missed.
EPC Rating: D Balcony Balcony overlooking the car park with views to the River and Phillips Park Disclaimer These property details are prepared to provide a fair and accurate description; however, no guarantee is given regarding accuracy or completeness.
Measurements, floor plans and photographs are approximate and for guidance only.
Prospective buyers/tenants should verify all information independently, including services, boundaries, planning permissions, and council tax, and should inspect the property in person before making any decisions.
These particulars do not form part of any contract, and appliances or systems have not been tested.
Please note: To comply with HMRC anti money laundering regulations, Maddox Noel outsources buyer compliance checks.
A fee of £54 (including VAT) per person applies if you agree an offer on a property through us.
This covers mandatory identity verification, anti money laundering checks, source of funds assessments, third party processing, and associated administration.
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
FAQ
About Stuart Street, Manchester, M11
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