Summary -
Flat 506,7 Spinners Way,Castlefield,MANCHESTER,M15 4UU
M15 4UX
2 bed 2 bath Apartment
Ready-to-rent city centre flat with strong income potential and on-site amenities.
- 7.8% quoted rental yield
- 528 sq ft; compact two-bedroom duplex
- 141 years remaining on lease
- Service charge £3,071.56 per year
- Ground rent £300 per year
- Concierge, fob access and rooftop garden
- Tesco on ground floor; excellent transport links
- Located in multicultural student neighbourhood (higher tenant turnover)
A compact duplex apartment in Sky Gardens, Castlefield, positioned for steady rental income and city-centre convenience. The property presents an open-plan living area with double-height glazing, a mezzanine, and contemporary fixtures — Neff appliances and quality bathroom fittings — making it move-in ready for tenants.
The development offers practical on-site benefits: concierge service, fob access, communal rooftop garden and a Tesco on the ground floor, all increasing tenant appeal. Transport connections are excellent with Cornbrook tram stop nearby and Deansgate within walking distance, helping sustained demand from professionals and students.
Key financial facts are straightforward: a quoted 7.8% rental yield, 141 years of lease remaining, annual service charge £3,071.56 and ground rent £300. The apartment is small at 528 sq ft, so income is driven by efficient use of space rather than size. Prospective buyers should weigh the relatively high service charge and the local area’s deprivation level against the strong rental market and low crime rate.
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