Summary -
Apartment 28,2b, The Waterfront,Openshaw,MANCHESTER,M11 4DB
M11 4DB
2 bed 2 bath Flat
Immediate rental income with clear upside through reletting at market rent.
2 bedrooms with ensuite plus three-piece bathroom
A ready-made buy-to-let in The Waterfront, Openshaw, offering immediate rental income from a long-term tenant. The two-bedroom apartment includes an ensuite, main bathroom, open-plan living/kitchen and a balcony — practical features that appeal to long-term renters and professionals.
The property currently yields a gross £12,600 pa with estimated market rent of £16,200 pa, presenting clear upside for a new owner. The 999-year lease removes short-term lease concerns; broadband and mobile signals are strong and crime levels are very low, supporting lettability.
Buyers should note the apartment sits in a very deprived local area, which may limit capital growth compared with more central neighbourhoods. The sale carries a Buyer’s Premium to secure purchase and the flat is offered with sitting tenants who do not intend to leave, so re-letting or vacant possession will depend on agreement with them.
Overall this is a pragmatic choice for investors seeking immediate cashflow and low-management modern accommodation in Greater Manchester. The combination of stable tenancy, rental uplift potential and long lease makes it suitable for portfolio expansion, while the location and buyer fees are material considerations for total return planning.
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