Summary - Kenyon Lane, Manchester, Greater Manchester, M40 M40 9DH
1 bed 1 bath Residential Development
Fully renovated gated block with strong projected rental income close to Manchester.
24 apartments: 5 x 1-bed, 17 x 2-bed, 2 x 3-bed
A fully refurbished former care home, converted into a secure gated scheme of 24 apartments, presents a ready-made income opportunity close to Manchester city centre. The mix of 5 one-bed, 17 two-bed and 2 three-bed units is aimed at professionals, couples and smaller families, with communal landscaped grounds, resident parking and strong cycle provision to support rental demand.
Security and resident amenity are clear strengths: the development is completed to Secure by Design standards, offers 24 off-street parking spaces including four EV charging bays, and 46 dedicated bicycle spaces. Projected gross rental income in excess of £500,000 per year when fully let indicates attractive immediate yield potential for an investor seeking an operational asset rather than a shell.
Buyers should consider local social and educational context: the neighbourhood is classified as a social-renting area with relatively low higher-education attainment and marked area deprivation. Nearby schools include a mix of Good and Inadequate Ofsted outcomes, which may affect family-tenancy demand. Tenure details are currently unspecified and should be confirmed prior to exchange.
Overall, this modern, newly renovated scheme offers a combination of security, parking and strong rental projections within a strategic North Manchester location (3.2 miles to the city centre). It is best suited to investors targeting mid-market rented housing who value a completed, management-ready block but must factor local socio-economic indicators into lettings strategy and pricing.
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