Refurbished flat with strong rental potential and a very long lease.
- Central Manchester city centre location, near universities and amenities
- Vacant possession and chain-free, suitable for quick completion
- EWS1 A1 certified; no cladding safety barrier
- Long lease remaining (reported 975 years)
- Recently renovated kitchen and bathroom, ready to let or occupy
- Service charge approx £2,971.40 plus £878 reserve fund annually
- Heating via electric storage heaters; higher running costs likely
- Area: cosmopolitan student neighbourhood with pockets of deprivation
This third-floor, one-bedroom apartment in City Heights sits in the heart of Manchester city centre, a short walk from universities and cultural amenities. The flat is newly refurbished, with an open-plan living and kitchen area, a double bedroom and a modern bathroom that benefits from natural light and ventilation.
Key practical strengths include a very long lease, an EWS1 A1 rating, vacant possession and strong rental potential (circa £1,050 pcm quoted). The building is a solid brick, Victorian-style corner block with high ceilings and good natural light, and the area records very low crime and no flood risk.
Buyers should note this is leasehold with a substantial annual service charge (£2,971.40) plus a reserve fund contribution (£878). Heating is by electric storage heaters, which can increase running costs compared with gas. The wider neighbourhood is a cosmopolitan, student-focused area with pockets of deprivation — strong rental demand but variable owner-occupier resale dynamics.
Overall this is a straightforward purchase for investors or buyers seeking a central, low-maintenance city-base. The property’s long lease, recent refurbishment and A1 safety certification make it mortgageable and move-in ready, while the service charge and electric heating are the main ongoing cost considerations.