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4 Bed Manchester — after renovation
AirUs · Renovation

4 Bed Manchester.
Full Renovation.

Acquired, converted and set up for short-term letting.

A full gut renovation on a Manchester property — stripped to brick, extended from three to four bedrooms, and redesigned from the ground up to perform as a short-term let.

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Project Breakdown

Financial Summary.

A full breakdown of capital deployed and the return generated.

Purchase Price (incl. legal & sourcing)
£285,000
Renovation Costs
£150,000
Total Capital Deployed
£435,000
Long-Term Rent Alternative
£20,000
Annual NET Income
£38,932
NET Yield on Capital
9%
This was a cash acquisition and full gut renovation — the property was stripped to brick and rebuilt to a short-let specification before going live.
The renovation budget reflects the scale of work carried out, including a dormer loft conversion and full reconfiguration across all floors.
Against a long-term rent alternative of £20,000 per year, the short-let approach generates nearly double the NET income.
Renovation Scope

Full Property Renovation.

A complete gut renovation carried out before the property went live — every room was reconfigured, extended or rebuilt to a short-let specification.

Property stripped back to brick — full gut renovation from the ground up
Dormer loft conversion added — property extended from three bedrooms to four
Master suite created on the third floor with its own en-suite bathroom
Two full bathrooms added across the build — every floor has its own bathroom
Ground floor opened up — living room, dining area and kitchen designed as one connected space
Full re-wire and new plumbing throughout the property
All walls and ceilings re-skimmed and freshly painted
New internal doors, skirtings and facings throughout
Brand new kitchen designed and fitted for the open plan layout
Fully furnished and staged for comfort, practicality and short-let performance
Before & After

Full Photographic Record.

Browse the complete before and after images from this renovation project.

AirSource
From £3,000 + VAT

Sourcing fees for similar projects start from £3,000 + VAT. Each project is assessed individually based on acquisition strategy, condition and capital requirements.

Part Of Full Management

Supported By Ongoing Management.

Acquisition, renovation and setup are delivered as part of a planned short-term letting approach. Once live, ongoing performance is supported through:

Revenue management and demand-led pricing
Guest communication and vetting controls
Cleaning, inspection and maintenance coordination
Owner reporting and performance visibility

This ensures the asset continues to perform well beyond the initial renovation and setup.

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Apply For Management.

If you are considering acquisition and full renovation as part of a short-term letting plan, apply below and we will review your project individually.

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