Summary - Apartment 130 Quebec Building, Bury Road M3 7DU
2 bed 2 bath Flat
Ready-to-rent city flat with long lease and strong yields for investors.
- Two bedrooms and two bathrooms, including master ensuite
- First-floor flat with balcony and fitted kitchen breakfast bar
- Approximately 700 sq ft of living space
- Long leasehold: 232 years remaining (250-year original)
- Annual service charge ~£3,036; ground rent £200 per year
- Heating via electric room heaters (no communal gas central heating)
- Excellent transport links: short walk to Deansgate and Salford Central
- Gross yield 7.6% (net yield 6.3%), council tax band D
This two-bedroom, two-bathroom apartment in the Quebec Building offers straightforward city-centre rental appeal and immediate income potential. The first-floor flat includes a fitted kitchen with breakfast bar, a balcony off the living area and an ensuite to the master bedroom — practical features for long-term tenants or short-let demand from nearby students and professionals.
Key investment metrics are clear: 700 sq ft, long lease (232 years remaining) and an indicative gross yield of 7.6% (net 6.3%). The building sits within easy walking distance of Deansgate, Salford Central station and local amenities, supporting strong tenant demand in this cosmopolitan student neighbourhood.
Be aware of a relatively high annual service charge (£3,036) and a small ground rent (£200). Heating is by electric room heaters rather than a communal gas system, which may affect tenant utility costs. Council Tax band D is moderate and the apartment relies on double glazing and modern construction from 2003–2006.
Overall, the flat suits investors seeking a ready-to-let city-centre asset with long lease security and good transport links, or buyers wanting a low-maintenance urban home. The combination of location, layout and yield makes it a compelling proposition provided the service charge and electric heating are factored into running cost assumptions.
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