Central Manchester apartment with parking and long lease, ideal for investor buyers.
- One-bedroom apartment, 581 sq ft, third-floor with lift access
- Off-street parking and secure bike storage included
- Long lease (over 230 years remaining)
- EPC rating C and EWS1 certificate in place
- Electric wall heaters; no communal gas heating
- Service charge ~£2,876 per year; ground rent ~£335 pa
- Sale via Modern Method of Auction; reservation fee applies
- Located in a very deprived area; strong rental demand risk/return
Set on the third floor of Emmeline Tower, this one-bedroom apartment offers 581 sq ft of open-plan city living with lift access and off-street parking. The communal building is modern (built post-2007), has bike storage and a current EWS1 in place — practical positives for lettings or resale.
The flat is double-glazed with wooden flooring in the living/kitchen area and a contemporary bathroom. Heating is electric wall-mounted heaters; there is no communal gas. EPC C and a long lease (over 230 years remaining) reduce immediate ownership risks for an investor or buyer seeking a low-term lease commitment.
Key running costs and purchasing terms are material: service charges average £2,876 per year (paid quarterly), ground rent around £335 pa, and the property is being sold via the Modern Method of Auction. Buyers should factor the non-refundable reservation fee (4.5% of the purchase price, minimum £6,600) plus the buyer information pack fee and any optional service costs when budgeting.
This apartment suits investors or cash-ready buyers targeting central Manchester rental demand. It offers straightforward management and decent size for a one-bed, but note the electric heating, higher service charge, and the auction process — all important when calculating net yields and purchase timescales.
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