Summary - LINCOLN GATE, 39 APARTMENT 305 RED BANK MANCHESTER M4 4AB
1 bed 1 bath Flat
Compact city apartment ideal for investors or city professionals seeking reliable rental income.
- One bedroom apartment with balcony and open-plan living
- Size approximately 48m² / 519 sqft (average)
- Built 2003; EPC rating B
- Very long lease (~980 years remaining)
- Service charge approx £2,111.94 per year
- Ground rent £150 per year
- Electric room heaters (no gas central heating) — higher running costs
- Located in a multicultural student neighbourhood; strong rental demand
Set on Lincoln Gate, Apartment 305 offers a compact one-bedroom home in a city-centre location that suits buy-to-let investors and city professionals. The open-plan living area leads to a balcony and benefits from large windows that deliver good natural light across an efficient 48m² (519 sqft) footprint. With an EPC B and very low local crime, the property is straightforward to let and manage.
The block, built in 2003, sits minutes from Victoria station and the Green Quarter, delivering strong transport links and easy access to Manchester’s amenities. Advertised rental evidence suggests achievable income around £900 pcm, making the yield attractive at the listed price. Broadband speeds and mobile signal are both strong, which supports student or professional tenants.
Buyers should note the ongoing costs: an annual service charge of £2,111.94 and ground rent of £150. Heating is by electric room heaters rather than gas central heating, which can increase running costs. The immediate neighbourhood is a multicultural, student-heavy area with higher deprivation scores—positive for consistent rental demand but less appealing for those seeking suburban family living.
The lease is exceptionally long (approximately 980 years remaining), eliminating typical lease-length concerns. Overall, the apartment is best suited to investors seeking a low-management urban let or a first-city pied-à-terre for an owner who accepts higher energy costs and communal charges.
2 bedroom apartment for sale in Red Bank, Manchester, M4 — £128,000 • 2 bed • 1 bath • 711 ft²
1 bedroom flat for sale in Lincoln Gate, Green Quarter, Salford, M4 — £100,000 • 1 bed • 1 bath
1 bedroom apartment for sale in Masson Place, Hornbeam Way, M4 — £150,000 • 1 bed • 1 bath • 541 ft²
1 bedroom flat for sale in Hornbeam Way, Manchester, Greater Manchester, M4 — £158,000 • 1 bed • 1 bath • 550 ft²
1 bedroom flat for sale in Lincoln Gate, 39 Red Bank, Green Quarter, Manchester, M4 — £125,000 • 1 bed • 1 bath • 528 ft²
1 bedroom flat for sale in Masson Place, 1 Hornbeam Way, Manchester, Greater Manchester, M4 — £160,000 • 1 bed • 1 bath • 502 ft²
