Summary - 1 HERON STREET MANCHESTER M15 5PR
1 bed 1 bath Flat
Compact city-edge flat with immediate rental income potential.
Ground-floor one-bedroom apartment, circa 377 sq ft
This ground-floor one-bedroom apartment in Hulme offers a compact, practical home close to Manchester city centre and transport links. At about 377 sq ft the layout includes a separate lounge, small fitted kitchen, double bedroom and bathroom — well suited to single occupancy, a couple or a buy-to-let investor seeking a city-centre let.
The flat is currently let on a periodic tenancy at £700 pcm, providing immediate rental income. The building is a modern red-brick block from the late 1990s with double glazing and electric storage heating; broadband and mobile signal are strong and local crime levels are very low. The property has easy access to ASDA, nearby schools and major road links (M602/M56).
Buyers should note the financial running costs: an annual service charge of £1,573.98 and an identical-sounding annual ground rent (also listed at £1,573.98), which is high relative to the asking price. The lease has around 96 years remaining. Heating is electric storage, and the accommodation is compact, so energy costs and space will be considerations for owner-occupiers.
Overall this is a straightforward, city-edge one-bed that suits investors wanting immediate rental yield or first-time buyers seeking an affordable Manchester address. The flat’s average condition means limited immediate works are expected, but buyers looking for more living space or lower ongoing charges may prefer alternatives.
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