Summary - Oxford Place, Manchester M14 5SF
2 bed 1 bath Apartment
Spacious open-plan flat with garage — ideal for cash investors targeting student lets.
- Very large open-plan reception room with good natural light
- Separate garage provides secure parking or storage
- Sold at auction; cash buyers preferred (reservation fee applies)
- Lease c.57 years remaining — likely to restrict mortgage lending
- Service charge approx £1,479 pa; council tax described as low
- Building lift access and very low local crime rate
- Broadband speeds reported slow; not ideal for heavy home working
- Located in a multicultural student area — strong rental demand
A practical two-bedroom apartment in a modern block close to central Manchester transport and local amenities. The flat’s very large open-plan reception room, two naturally lit bedrooms and separate garage make it suitable for rental to students or sharers. The building has a lift and low local crime, which supports round-the-year occupation.
This lot is sold via the Modern Method of Auction and is best suited to a cash buyer. The lease has approximately 57 years remaining — many mortgage lenders will refuse to lend on this length of lease, so confirm funding before bidding. Bidders should also factor the non-refundable reservation fee (4.5% of purchase price, minimum £6,600) and the Buyer Information Pack cost.
Practical running costs include an average service charge of £1,479 and relatively low council tax. The flat is heated by mains gas radiators and double-glazed; broadband speeds in the area report as slow. The property presents straightforward rental or owner-occupier potential but requires buyers to accept auction terms and the short remaining lease when assessing value and exit strategy.
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