Larger-than-average one-bed apartment with balcony in Castlefield — chain free and investment-ready.
Larger-than-average one-bedroom apartment with balcony
Fifth-floor position; open-plan living/kitchen with city views
Chain free sale; 125 years remaining on the lease
Close to Deansgate, Spinningfields and Castlefield transport hub
Estimated rental potential £1,050–£1,100pcm
Service charge £1,150.49pa; building insurance £877.35pa
Heating via electric room heaters — potentially higher bills
Ground rent shown £150pa in particulars; verify due to conflicting data
This larger-than-average one-bedroom apartment in City Gate sits on the fifth floor and offers a practical city-centre base or rental asset. An open-plan living/kitchen leads to a balcony with city views; the bedroom is a comfortable double. The property is offered chain free, with 125 years remaining on the lease.
Location is a major selling point: a short walk to Deansgate, Spinningfields and the Castlefield/Deansgate transport hub, with bars, restaurants and canalside amenities on the doorstep. Estimated rental income is £1,050–£1,100pcm for investors seeking steady demand in a cosmopolitan, student-rich neighbourhood.
Buyers should note this is a leasehold apartment with an annual service charge of £1,150.49 and building insurance of £877.35. Heating is electric (room heaters), which can mean higher running costs than gas-heated homes. Ground rent is shown as £150pa in the lease particulars — there is conflicting data elsewhere, so confirm the exact figure before purchase.
Overall the property suits first-time buyers wanting a well-located city pied-à-terre or investors seeking a low-management rental opportunity. Practical checks are recommended on heating, appliances and communal maintenance given the service charge and apartment construction type.
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