Summary - Flat 1, 1, Advent Way, MANCHESTER M4 7LR
2 bed 2 bath Flat
Furnished city-centre flat with parking, gym and long lease.
First-floor two-bed, two-bath with private balcony and courtyard view
A modern two-bedroom, two-bath apartment in X1 The Plaza, positioned on the first floor with a private balcony and courtyard view. The property is fully furnished and comes with an allocated underground parking bay, bike storage, on-site gym and overnight security — practical features for city living and for lettings.
The flat is offered with a sitting tenant and reported rental income of £1,450 pcm, making it a turn-key option for someone seeking immediate income. The long lease (232 years remaining) and EWS1 approval are useful ownership reassurances for investors and buyers wanting low lease-risk.
Buyers should note material running costs: an annual service charge of £2,368 and ground rent of £350. Heating is by electric room heaters and the main fuel is unspecified electricity; this can mean higher utility costs compared with communal gas systems. The listing also states a gross yield of -7.79%, which is a notable concern that requires clarification before purchase.
Location strengths are genuine: a short walk to Manchester city centre, New Islington tram stop and Piccadilly station, with local cafés, bars and amenities close by. The development’s modern finishes and supplied furniture make the flat easy to manage for let or personal use, but prospective buyers should factor service charges, utility costs and the stated yield into their affordability and return calculations.
2 bedroom flat for sale in The Plaza, 1 Advent Way, Ancoats, Manchester, M4 — £248,000 • 2 bed • 2 bath • 656 ft²
1 bedroom flat for sale in The Plaza, 1 Advent Way, Ancoats, Manchester, M4 — £147,000 • 1 bed • 1 bath • 538 ft²
2 bedroom flat for sale in The Plaza, 1 Advent Way, Ancoats, Manchester, M4 — £215,000 • 2 bed • 2 bath • 656 ft²
2 bedroom flat for sale in The Plaza, 1 Advent Way, Ancoats, Manchester, M4 — £208,000 • 2 bed • 2 bath • 656 ft²
2 bedroom flat for sale in The Plaza, 1 Advent Way, Ancoats, Manchester, M4 — £210,000 • 2 bed • 2 bath • 656 ft²
1 bedroom flat for sale in The Plaza, 1 Advent Way, Ancoats, Manchester, M4 — £152,000 • 1 bed • 1 bath • 538 ft²
