Bright, well-located flat with parking and strong lettings potential.
Eighth-floor two-bedroom apartment with private balcony and river views
This eighth-floor, two-bedroom apartment occupies a modern riverside development close to Deansgate and Spinningfields, offering clear appeal for investors and city professionals. The open-plan living area leads to a private balcony with river views, while two bathrooms and a designated parking space add practical value for tenants or owners.
Running costs are a notable consideration: the property uses electric heating and room heaters, which can raise energy bills compared with gas-heated homes. There is a service charge of approximately £3,203.04 annually and a small ground rent of £200.04, and council tax is described as moderate. The 150-year lease provides long-term security for buyers.
Practical strengths include double glazing, lift access and secure parking. The building is relatively new (circa 2007–2011) and an EWS1 situation has been referenced with remedial works reportedly funded by the developer, which may ease mortgage considerations. Flood risk is rated medium; buyers should factor this into insurance and long-term plans.
Overall, the flat offers straightforward city-centre rental or owner-occupier potential thanks to location, layout and balcony river views, but buyers should budget for higher running costs, communal charges and check current EWS1 and flood-insurance implications before committing.