Private balcony, central location and strong rental yield — ideal for buy-to-let investors.
- 1 bedroom, open-plan living/kitchen with full-width private balcony
- 464 sq ft (approx) efficient layout, storage cupboard included
- EWS1 certificate in place with A1 rating (clearance for cladding risk)
- Lease approx. 105 years remaining (125-year lease from 2005)
- Service charge ~£2,240 pa; ground rent £194.48 pa
- Electric room heaters (no communal gas) may raise running costs
- Excellent transport links; under 10-minute walk to city centre
- Estimated rental yield c.8% (based on ~£1,000 pcm)
Set on the first floor of a modern development on St George’s Island, this one-bedroom apartment offers a compact, ready-to-rent home in the heart of Castlefield. The open-plan living and kitchen area opens onto a full-width private balcony, with balcony access from both living room and bedroom, maximising light and offering outdoor space for city living. At 464 sq ft the layout is efficient and straightforward, with a separate three-piece bathroom and a large storage cupboard.
Practical ownership is clear: an EWS1 certificate with an A1 rating is in place, the lease has approximately 105 years remaining, and the property is double-glazed. It sits within walking distance of Deansgate and Cornbrook Metrolink stops and is under ten minutes’ walk from the city centre, making it attractive to professionals, students and short-term renters. Estimated rental income of around £1,000 pcm produces an indicative yield of c.8%.
Costs and specification are factual considerations. Heating is electric room heaters rather than a communal gas system, which may increase running costs. Annual service charge is approx. £2,240 (including buildings insurance) and ground rent is £194.48 per year. The property is leasehold and managed by a third party (management company details supplied).
Overall this is a compact, low-maintenance buy-to-let or pied-à-terre in a highly connected, lively part of Manchester. It suits an investor seeking immediate rental potential or a buyer wanting a central base with private outdoor space, provided they accept electric heating and ongoing service charges.
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