@propertysaif: Bid a million pounds on this one — the old NatWest building in the heart of Cheetham Hill, and honestly one of the wildest listings I've ever viewed. Proper maze inside, plaster coming away from the walls, damp in places, crying out for a full renovation top to bottom. Guide price was £750k. Teamed up with an investor to joint venture on this one, knowing full well a million might not even be enough. What do you guys reckon, would you have gone all the way to two million for this? Let me know in the comments. Follow along for more property viewings like this, to see how to evaluate a property and determine whether it's worth investing in or not

Saif Rehan
Saif Rehan
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Region: GB
Thursday 17 September 2026 18:56:16 GMT
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hak.118
hak.118 :
2 million + 90k stamp duty + 50k legals/auction fees + 600-700k renovation costs so all in your close to £3 million if you can get 3 commercial units + 8 flats say each commercial unit 200k that leaves a valuation of 300k per flat deal doesn’t really stack up at that price + whole renovation will take 2 years so you loose out on 200k ish just on inflation alone whilst waiting for it to be built crazy whoever paid that
2026-09-17 22:41:39
28
asifayub50
Asif :
Sold 675k
2026-09-18 15:03:18
0
ghostyghosty3
👻 GHOST 👻 :
Mattress money has to come out at some point… there’s always someone bigger than u!
2026-09-28 12:01:51
0
u.f.k.1
u.f.k.1 :
That’s obscene money for what it is. If anybody is looking for other commercial stuff then please DM me.
2026-09-18 05:47:10
1
twoforone30
twoforone :
Was this where the famous burglary happened
2026-09-17 20:18:15
1
zavi_sells
Zavi-Sells :
If you got millions well worth it in Manchester.
2026-09-19 20:16:39
0
az.uk.trading
A-Z Uk Trading :
I heard sold for 1.6 million
2026-09-17 19:43:46
3
iramhanifofficial
Iram Hanif :
Wow not worth it.. maybe long term.. if you make small units then maybe yeh like a plaza or bazar
2026-09-18 07:47:59
0
burner0450
Ghost :
"The Big Hitters" Probably only needed the safes, to stash their cash securely... Everything else was trivial in comparison...
2026-09-18 05:27:00
8
muhammedwaleed328
pepe :
i opend my bank there bro 20 years a go
2026-09-18 09:11:39
1
gujjar7629
Gujjar :
No way
2026-09-18 12:37:49
0
malik.umar867
Malik Umar :
Out of market price this natwest bank is gone
2026-09-18 00:40:42
1
thecandyjunction
The Candy Junction :
depends on how much it would cost you sorting it out
2026-09-17 20:26:45
1
adamtxriq
Adam :
place looks huge 🤯
2026-09-17 19:13:48
1
dopey789
columbo :
no
2026-09-18 08:01:36
0
muhammedwaleed328
pepe :
good job
2026-09-18 09:12:00
0
abutxher
abutxher :
why does this have almost as many shares as likes
2026-09-18 00:37:18
3
ahmedabrarguharyousaf
AHMED-ABRAR :
purchased by a local drug dealer money laundering operation no doubt
2026-09-18 11:07:22
0
ghostyghosty3
👻 GHOST 👻 :
Sometimes u have to overpay to secure an asset… like if it was the place where I opened my first bank account then the property would definitely hold a great deal of sentimental value for me
2026-09-28 12:03:26
0
user585x76
Me got no coffee :
Hi Saif, I went to view this Natwest ,its interesting property as part of my ongoing investment strategy and wider search for suitable opportunities within the property market. After carefully considering the location, potential rental yield, capital growth prospects, development possibilities and, of course, the general feeling I got when walking around the place pretending I knew exactly what I was looking at, I decided to put forward an offer of £1.4 million. Unfortunately, the offer was not accepted. I remain somewhat disappointed, but I completely understand that property is a business of negotiation, patience and timing. Sometimes the numbers work, sometimes they don’t, and sometimes you make a £1.4 million offer despite having absolutely no idea where £1.4 million is actually going to come from. Nevertheless, I remain committed to identifying the right investment opportunities. I am continuing to look at properties, assessing the market and keeping my eyes open for something that represents genuine value. I’m particularly interested in properties with strong potential, whether that be through rental income, refurbishment, redevelopment or simply buying something that looks expensive enough to make me feel important when I tell people about it. The search continues. There are plenty of opportunities out there, and I believe that with the right property, the right timing and the right financial backing — preferably somebody else's — something could eventually come together. So, for now, I will continue viewing properties, making ambitious offers and walking around estate agents' offices with the confidence of someone who has absolutely no intention of admitting that he checked his bank balance before making the offer. Still looking. Still investing. Still dreaming. And just to clarify… I am not actually an investor. I'm just a dreamer with Rightmove, a calculator and absolutely no sense of financial realism. 😂
2026-09-18 15:50:27
0
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