Summary - BLOCK E APARTMENT 1 POLLARD STREET MANCHESTER M4 7AU
2 bed 2 bath Apartment
Modern city apartment with balcony and long lease.
Two double bedrooms with en-suite wet room and separate bathroom
A well-presented two-bedroom lower-ground apartment overlooking a landscaped water feature, ideal for first-time buyers or investors seeking ready-to-rent city living. The flat offers an open-plan living/kitchen with granite worktops and integrated appliances, a decked balcony, two double bedrooms, en-suite wet room and a separate bathroom. EPC rating C and a long lease (approx. 228 years remaining) support mortgageability and long-term ownership.
Important sale terms affect purchase cost and timing: the property is offered via auction with immediate exchange and completion 28 days later. Buyers pay a 10% non-refundable deposit on exchange plus a Reservation Fee (4.5% of the purchase price, minimum £6,600) and an auction buyer’s fee. These sums are additional to the stated guide price and count toward Stamp Duty calculations.
Ongoing costs and condition points to note: service charge is high (£4,514.16 for 2025) due to water tank repairs, and there is a small ground rent (£150). Heating is electric room heaters (no communal gas), and the apartment is lower-ground so light is more limited than upper floors. These factors will influence running costs and rental yield assumptions.
For buyers who can accommodate the auction timetable, the apartment provides a convenient city location, modern finishes and straightforward layout with immediate occupancy potential. Investors should budget carefully for the upfront auction fees and higher service charge when modelling returns.
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