Summary - Apartment 24, 12, Lakeside Rise M9 8QD
1 bed 1 bath Flat
Chain-free, EWS1-compliant one-bed with strong rental yield and balcony..
- Open-plan one-bedroom apartment with private balcony
- Allocated off-street parking and lift access
- EWS1 compliant and EPC B, recent EICR present
- Potential rent £895 pcm; c.12% net yield
- Service charge c.£1,560 pa (£130 pcm)
- Ground rent £105 pa; lease ≈103–104 years
- Electric storage heating (no gas central heating)
- Located in a very deprived area — consider capital-growth risk
A compact, modern one-bedroom apartment in a secure gated development, offered chain free and presented in tidy, move-in ready condition. The open-plan living/kitchen opens onto a private balcony, adding usable outdoor space to this efficient 491 sq ft layout. The building benefits from lift access, allocated off-street parking and an EWS1 certificate.
This unit is aimed squarely at buy-to-let investors or commuters. Forecast rental income of £895 PCM produces an estimated net yield of around 12%, supported by excellent transport links and fast broadband. The property holds an EPC B rating and a recent EICR, easing lettings and compliance checks.
Buyers should note practical points: the flat uses electric storage heaters, the service charge averages £1,560 per year (£130 pcm) and ground rent is £105 per year. The lease sits around 103–104 years remaining. The area shows high deprivation which can affect long-term capital growth despite very low local crime and good nearby schools.
Overall this is a low-maintenance investment with reliable rental appeal and clear running costs. It suits investors seeking strong income from a compact city apartment, or a first-time buyer wanting a secure, centrally located home who is comfortable with an electrically heated, leasehold property.
1 bedroom flat for sale in Lakeside Rise, Manchester, Greater Manchester, M9 — £90,000 • 1 bed • 1 bath • 491 ft²
2 bedroom apartment for sale in 31 Lakeside Rise, Tower 4, M9 — £125,000 • 2 bed • 1 bath • 688 ft²
1 bedroom apartment for sale in The Cube, 2B The Waterfront, Manchester, M11 — £115,000 • 1 bed • 1 bath • 463 ft²
1 bedroom flat for sale in Oriel Gardens, M7 1AA, M7 — £118,000 • 1 bed • 1 bath
1 bedroom flat for sale in Lakeside Rise, Manchester, M9 — £80,000 • 1 bed • 1 bath • 517 ft²
1 bedroom flat for sale in Hamble Croft, Radcliffe, Manchester, Greater Manchester, M26 — £95,000 • 1 bed • 1 bath • 424 ft²
