Summary - 40 Dearmans Place, Manchester, M3 M3 5EW
1 bed 1 bath Flat
Spacious 1-bed flat near Deansgate — long lease, balcony and investment potential.
Balcony with city views; large windows and high ceilings
Approx. 602 sq ft open-plan living — generous 1-bed layout
Video entry, double glazing and communal lift
Long lease remaining (approx. 162 years)
Service charge approx. £1,604.52 pa; ground rent £150 pa
Awaiting EWS1 certificate; remedial works funded by Persimmon Homes
Electric heating only — higher running costs than gas
Medium flood risk for the area
This well-proportioned 1-bedroom apartment in The Bridge occupies around 602 sq ft on the first floor, positioned within 400m of Deansgate and Spinningfields. The open-plan living/dining/kitchen with high ceilings, large windows and a balcony gives good city views and attractive rental appeal to young professionals and students seeking central, well-connected homes.
Specification is contemporary: fitted kitchen with integrated appliances, marble-tiled bathroom, video entry, double glazing and a communal lift. The long lease (about 162 years remaining) and very low local crime make the flat straightforward to hold or let. Council Tax is Band C and mobile and broadband connections are strong in this area.
Buyers should note a few material points: the building is awaiting an EWS1 certificate (remedial works are to be funded by Persimmon Homes), and the apartment uses electric heating which can be more costly than gas. There is a medium flood risk for the area and an annual service charge (currently approx. £1,604.52) plus a small ground rent of £150.
Overall this is a convenient, modern central Manchester flat offering immediate rental or owner-occupier potential, with clear financing options for mortgage and cash buyers once EWS1 status is confirmed.
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