Summary - M01 South Tower, 9 Owen Street M15 4TT
2 bed 2 bath Apartment
High-floor 2-bed with allocated parking, luxury amenities and long lease — investor-friendly.
Allocated parking space included
Access to 50,000 sq ft resident Club facilities
Long lease: c.990 years remaining
EWS1 A1 rated building
Service charge approx. £2,625 per annum
Ground rent £300 per annum
Electric room heaters — higher running costs
Located in student-heavy, deprived neighbourhood
Set high on the 35th floor of South Tower, this 2-bedroom apartment at Deansgate Square offers panoramic city views, allocated parking and access to extensive resident facilities. The 787 sq ft layout is contemporary and well-proportioned, suited to investor portfolios or owner-occupiers who want central-city living with wellness amenities on-site.
For investors the property already produces rental income: current yield 5.62% at £1,742 pcm and a projected yield of 6.54% at £2,000 pcm. The building holds an EWS1 A1 rating and a very long lease (circa 990 years remaining), reducing medium-term title risks. The Club’s 50,000 sq ft facilities (pool, gym, sauna, workspaces and rooftop garden) and concierge add strong tenant appeal in this student-heavy, cosmopolitan neighbourhood.
There are ongoing costs to factor in: an annual service charge around £2,625, ground rent £300 and council tax in a higher band. The apartment’s electric room heaters mean running costs can be higher than gas-heated homes; the building’s main fuel is electricity. The immediate area is classified as deprived and heavily student-populated, which can mean higher tenant turnover and local amenity noise at times.
This is a straightforward city-centre proposition: premium building amenities, secure parking and a very long lease support resale and lettability, while service charges, electricity heating and local area profile are material considerations for total cost and tenant type.
2 bedroom apartment for sale in South Tower Deansgate Square, 9 Owen Street, Manchester, M15 — £380,000 • 2 bed • 2 bath • 787 ft²
2 bedroom apartment for sale in Deansgate Square, 9 Owen Street, Manchester, M15 — £450,000 • 2 bed • 2 bath • 974 ft²
2 bedroom apartment for sale in East Tower Deansgate Square, 9 Owen Street, Manchester, M15 — £474,000 • 2 bed • 2 bath • 974 ft²
2 bedroom apartment for sale in South Tower, Deansgate Square, 9 Owen Street, Manchester, M15 — £530,000 • 2 bed • 2 bath • 963 ft²
2 bedroom apartment for sale in Deansgate Square, 9 Owen Street, Manchester, M15 — £390,000 • 2 bed • 2 bath • 798 ft²
2 bedroom apartment for sale in South Tower, 9 Owen Street, Manchester, M15 — £450,000 • 2 bed • 2 bath • 963 ft²
