Summary - Victoria Residence, Crown Street, 16, Silvercroft Street, Manchester, M15 M15 4ZE
2 bed 2 bath Apartment
Large 2-bed with premium amenities, long lease and strong rental income potential.
Large 2-bed, 2-bath apartment — 1,026 sq ft of contemporary open-plan living
Long lease: 996 years remaining (since 2019)
Building amenities: pool, gym, roof terraces, resident workspace, 24/7 concierge
Currently tenanted until Aug 2026; 5.73% current rental yield
Service charge approx £3,500pa; ground rent ~£493pa; building insurance ~£507pa
Council Tax Band E — above-average running costs for owner-occupiers
Main heating: electric room heaters — higher energy costs likely
Located in a cosmopolitan student neighbourhood — strong rental demand, busy area
This large 2-bedroom, 2-bath apartment in Victoria Residence offers 1,026 sq ft of contemporary living space with floor-to-ceiling windows and spacious open-plan rooms. Located in a high-amenity Crown Street development, the building provides a 44-storey wellness and social programme including a swimming pool, gym, terrace gardens, resident workspace and 24/7 concierge — strong draw for renters and professionals.
For investors the numbers are clear: the property is currently tenanted until August 2026 and yields 5.73% at the present rent (£2,100 pcm), with a projected 6.00% if rent rises to £2,200 pcm. The flat benefits from a very long lease (996 years remaining) and an EPC B rating; it is EWS1 A1 rated which simplifies mortgage access for many buyers.
Be frank about the running costs: an annual service charge of approximately £3,500, ground rent around £493 and above-average council tax (Band E) will affect net returns and owner-occupier outgoings. Heating is electric via room heaters, which can mean higher bills compared with gas-heated homes. The immediate area is a cosmopolitan, multicultural student neighbourhood and classified as deprived — this supports strong rental demand but may not suit buyers seeking a quiet, family suburb.
Overall this apartment suits investors and professionals seeking city-centre rental income with premium building facilities. Owner-occupiers who prize on-site amenities and city lifestyle can enjoy the space and views, but should weigh ongoing service charges, council tax and electric heating costs against lifestyle benefits.
2 bedroom apartment for sale in Victoria Residence, Crown Street, 16, Silvercroft Street, Manchester, M15 — £415,000 • 2 bed • 2 bath • 931 ft²
2 bedroom apartment for sale in Victoria Residence, M15 — £390,000 • 2 bed • 2 bath • 936 ft²
2 bedroom apartment for sale in Victoria Residence, New Jackson M15 — £425,000 • 2 bed • 2 bath • 865 ft²
2 bedroom apartment for sale in Silvercroft Street, Manchester, Greater Manchester, M15 — £355,000 • 2 bed • 2 bath • 946 ft²
2 bedroom apartment for sale in Elizabeth Tower, M15 — £399,950 • 2 bed • 2 bath • 938 ft²
2 bedroom apartment for sale in Victoria Residence, M15 — £340,000 • 2 bed • 2 bath • 785 ft²
