Summary - Apartment 002 Block A, 2, Hulme Street M5 4ZB
1 bed 1 bath Apartment
Large 745 sqft flat with strong on-site amenities and immediate rental income.
- Large 1-bedroom apartment, approx. 745 sqft
- Let at £1,300pcm until September 2025 (tenant in situ)
- EWS1 available; external wall tested, no immediate works stated
- Leasehold ~245 years remaining; ground rent reviews linked to RPI
- Excellent on-site amenities: pool, gym, cinema, concierge
- Private balcony and bright open-plan living/kitchen space
- Electric room heaters (higher running costs) and very slow broadband
- Located in a very deprived area; nearby construction visible
A larger-than-average one-bedroom apartment (approx. 745 sqft) in the popular Local Crescent development, currently let at £1,300pcm until September 2025 — an attractive ready-made income for investors. The building offers extensive on-site facilities including pool, gym, cinema room, concierge and communal gardens, with a private balcony and bright open-plan living space.
Practical points: an EWS1 form is available and the external wall system has been tested with no immediate remedial works required; buyers should still make their own enquiries about cladding and any interim measures. The property is leasehold with about 245 years remaining, and ground rent reviews linked to RPI (next review 2030).
Notable constraints include electric room heating (higher running costs) and very slow broadband speeds locally. The apartment sits in a very deprived wider area and faces some nearby ongoing construction, though crime levels are very low and transport links into Manchester city centre are excellent.
This will suit an investor seeking a handover income and long lease security, or a buyer wanting a turn-key city-base with strong communal amenities. Furniture is included, making the apartment immediately lettable or liveable subject to personal preference.
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