Summary -
FLAT 123,1 STILLWATER DRIVE,MANCHESTER,M11 4TD
M11 4TD
1 bed 1 bath Flat
Compact city flat delivering immediate rental income and commuter convenience.
Gross annual income £10,740, approx. 11.0% gross yield
One double bedroom with open-plan lounge and dining area
Compact 473 sq ft apartment; average-sized rooms
Long-term tenant in situ; currently generating income
Shared off-street parking available for residents
Leasehold tenure; Buyer’s Premium applies on sale
Situated near Metrolink and bus links; fast broadband
Local area: very deprived despite very low crime rates
This one-bedroom leasehold apartment on Stillwater Drive offers a clear investment proposition for buy-to-let buyers. At 473 sq ft it’s compact but arranged with an open-plan lounge/dining area, a fitted kitchen and a three-piece bathroom, currently producing a gross annual income of £10,740.
The flat is tenanted long-term and the occupants intend to remain, providing immediate rental income and reducing void risk. The property benefits from shared off-street parking, fast broadband, excellent mobile signal and easy access to Metrolink and bus services — practical features that appeal to urban renters, including tech workers in the area.
Material points for buyers: the tenure is leasehold, a Buyer’s Premium will apply on purchase, and the wider area records high deprivation despite very low local crime rates. The apartment’s compact size and tenant in situ mean it’s best suited to investors seeking steady income rather than an owner-occupier wanting immediate vacant possession.
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