M4 5AN - 1 bed bright seventh floor apartment in Great Ancoats Stree…

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1 bedroom apartment for sale in Nuovo Apartments, 59 Great Ancoats Street, Ancoats, M4

Summary - 519 Nuovo Apartments, 59, Great Ancoats Street M4 5AN

1 bed 1 bath Apartment

Newly redecorated one-bed corner apartment in vibrant Ancoats, chain-free and walkable to Piccadilly..
Seventh-floor bright corner apartment with large windows and double glazing
One double bedroom, open-plan living; newly redecorated throughout
EWS1 form present with B1 rating (may be required by some lenders)
Long lease (around 239 years remaining) and vacant possession, no chain
Annual service charge £1,921.08; annual ground rent £375.10
Electric room heaters — higher running costs than gas central heating
Estimated rental income ~£1,200 pcm (guide for investors)
Walking distance to Piccadilly, Metrolink and Northern Quarter amenities
This bright seventh-floor corner apartment in Nuovo Apartments offers a straightforward buy-for-use or buy-to-let opportunity in central Ancoats. The one-bedroom layout (approx. 549 sqft) has been newly redecorated, benefits from large windows and double glazing, and is sold with vacant possession and no chain.

Practical running costs and ownership details are clear: the development has an EWS1 form (B1 rating) and a long lease (around 239 years remaining). Annual service charge (£1,921.08) and ground rent (£375.10) are notable ongoing costs to factor into affordability or yield calculations. Heating is electric via room heaters, which may raise energy costs compared with gas-heated buildings.

Position is a genuine strength — walking distance to Piccadilly, New Islington Metrolink and the Northern Quarter, with cafes, restaurants and amenities on the doorstep. Estimated rental income of about £1,200pcm gives investors a transparent income guide; first-time buyers will appreciate the low entry price and ready-to-move-in condition.

Buyers should note the property’s electric heating and higher-than-average service charge for budgeting. The development’s student-leaning neighbourhood profile suits purchasers seeking urban rental demand or a lively local scene, rather than a quiet suburban setting.

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