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See how verdicts work1-bedroom flat · M4 7EP
Under offerListed 28 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Presenting an excellent opportunity to purchase a well-presented one-bedroom apartment in New Islington, this EWS1-compliant property with a B1 rating is well suited to both first-time buyers and investors.
Situated approximately 0.4 miles from New Islington Tram Stop, the apartment is well connected to Manchester city centre and the wider Metrolink network, with the amenities of the New Islington Marina and Ancoats also within walking distance.
The apartment offers a generous open-plan living space incorporating the kitchen, dining and lounge areas.
The modern kitchen is well appointed with integrated appliances and ample storage, while the living area benefits from plenty of natural light.
From the lounge, patio doors provide direct access to a large private balcony, offering useful additional outdoor space and a pleasant place to sit and relax.
The spacious double bedroom provides plenty of room for a range of furniture, while the large modern bathroom includes both a bathtub and overhead shower.
The property also has a strong rental history, making it an attractive option for investors, while its layout and location make it equally suitable as a first home or city-centre base.
Located close to New Islington Marina and the cafés, restaurants and bars of Ancoats, the apartment offers easy access to some of Manchester's most popular neighbourhoods.
The accommodation is offered on a long leasehold basis with a 227-year lease and is available with vacant possession and no onward chain.
The annual service charge sits at a competitive £1,836/year and ground rent is £150/year With its long lease, EWS1 B1 rating, established rental history and convenient location, this is a well-rounded property for both owner-occupiers and investors.
EPC Rating: C 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 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.
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FAQ
About Apt 48, Advent House, Manchester
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