Finders Fee £5720$ 7,739 *$ 10,744 *$ 10,680 *€ 6.659 *

Manchester M1 — 1 Bed Apartment | 29% BMV | Refurbishment Opportunity

1
Bedrooms
1
Bathrooms

Exclusive BMV opportunity Manchester, M1. 1-bedroom leasehold apartment with mezzanine on the 6th floor, with approximately 963 years remaining on lease. On market value circa £200,000 post refurbishment — available at offers in excess of £143,000, representing approximately 29% below market value. Refurbishment opportunity with strong potential to add value. Vacant possession with 28-day completion timescale. Please note: temporary service charge of £15,000 for the next 6 months due to Section 20 works. Ground rent £150 PCM. £5,000 reservation fee required upon acceptance.

1-bedroom apartment with mezzanine Princess Street, Manchester M1. 65 Sq M / 699 Sq Ft. Leasehold with approximately 963 years remaining. Vacant possession. Refurbishment opportunity with post-refurb value circa £200,000. Please note temporary service charge of £15,000 for 6 months (Section 20 works). Ground rent £150 PCM. Excellent city centre location — close to Manchester Oxford Road Station, Manchester Arndale, and Piccadilly Gardens.

Property Type
Flat
Bedrooms
1
Bathrooms
1
Refurbishment Type
Refurbishment Opportunity

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Financial Analysis

Estimated Purchase Price
£143,000$ 193 *$ 269 *$ 267 *€ 166 *
Potential Capital Appreciation
200,000
Comparable x 3
Comparable 1 — Sold: 1-bedroom leasehold flat, Manchester M15 — Sold 05/02/2026 | £228,000 | 753 Sq Ft | 0.68 miles from subject propertyComparable 2 — Sold: 1-bedroom leasehold flat, Manchester M3 — Sold 13/02/2026 | £200,000 | 441 Sq Ft | 0.87 miles from subject propertyComparable 3 — Sold: 1-bedroom leasehold flat, Manchester M15 — Sold 20/02/2026 | £262,500 | 570 Sq Ft | 0.64 miles from subject propertySSTC Supporting Evidence: Further supporting comparables currently SSTC in the area range from £185,000 to £250,000 for 1-bedroom flats within 1 mile of the subject property. Street-level sold data at Lancaster House itself shows recent sales ranging from £173,000 to £215,000, confirming strong demand and post-refurbishment capital growth potential. Subject property is being offered at £143,000 OIEO, representing a 29% below market value opportunity with strong upside through refurbishment.

Reports & Surveys

MAR-flat-35-80-lancaster-house-princess-street-manchester-m1-6nf-e76ad0de4bc39b9b5c271baeb022168
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Fee to Pay £1372.8$ 1,857 *$ 2,578 *$ 2,563 *€ 1.598 * (Inc VAT)

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