Summary - Flat 515 Transmission House, 11, Tib Street, MANCHESTER M4 1AF
2 bed 2 bath Flat
Managed development with concierge and roof terrace, ideal for buy-to-let investors.
Two double bedrooms, one ensuite plus jack-and-jill bathroom
Open-plan modern kitchen/living with large floor-to-ceiling windows
247 years remaining on lease; tenure is leasehold
Currently let at £1,200 pcm until Oct 2024 (tenant in situ)
Service charge c. £2,257pa and ground rent £350pa (ongoing costs)
Rooms small-to-average for a city-centre apartment
Managed block with 24/7 concierge, roof terrace and bike store
Area is student-focused and rated very deprived — affects market profile
This fifth-floor, two-bedroom flat sits in a modern city-centre block near transport hubs and retail amenities. The open-plan living/kitchen benefits from large floor-to-ceiling windows, integrated appliances and contemporary finishes, making it straightforward to rent or occupy with minimal immediate work.
The development offers practical communal features: 24/7 concierge, a residents’ roof terrace and secure bike storage. The property is currently let, producing £1,200 pcm until October 2024, so it comes with immediate rental income and tenant management considerations.
Important practical facts: the flat is leasehold (247 years remaining) with an annual service charge of approximately £2,257 and ground rent of £350. Internal rooms read as small-to-average for a central Manchester apartment, so the layout suits city living rather than those seeking generous living space.
Location strengths include excellent mobile signal and fast broadband, very low local crime and immediate access to shops, eateries and public transport. Note the wider area is classified as a multicultural, student-oriented neighbourhood and rated very deprived; this influences tenant demand and resale market dynamics and may suit investors targeting student or city-centre renters.
2 bedroom flat for sale in 11 Tib Street, Manchester, M4 — £270,000 • 2 bed • 2 bath • 700 ft²
2 bedroom flat for sale in 11 Tib Street, Manchester, Greater Manchester, M4 — £250,000 • 2 bed • 2 bath • 665 ft²
2 bedroom apartment for sale in Lower Byrom Street, Manchester, M3 — £235,000 • 2 bed • 1 bath • 732 ft²
2 bedroom flat for sale in Church Street, Manchester, M4 — £195,000 • 2 bed • 2 bath • 590 ft²
2 bedroom apartment for sale in Church Street, Manchester, M4 — £350,000 • 2 bed • 2 bath • 1000 ft²
2 bedroom apartment for sale in 114 High Street, Manchester, M4 — £195,000 • 2 bed • 1 bath
