Summary - 9 APARTMENT 108 BURTON PLACE MANCHESTER M15 4LR
2 bed 1 bath Flat
Turnkey two-bed with strong rental yield near canal and city centre.
Newly renovated two-bedroom apartment, ready to let or occupy
A purpose-built, newly renovated two-bedroom apartment in Burton Place, Castlefield, presented vacant and chain free. The flat sits on the first floor to the rear of a contemporary development, offering relative peace while remaining a short stroll from the canal and city centre. Recent upgrades include new Schüco bi-fold doors and windows, aluminium external balcony shutters and a contemporary fitted kitchen with integrated appliances.
This small 591 sq ft property is targeted at investors seeking strong rental returns — current figures indicate potential gross rent of £1,050 pcm (approx. 9% gross yield, 6.4% net yield). Long leasehold security is excellent (lease expires 01/01/3002 / c. 977 years remaining) and sale is for cash buyers only. The apartment is vacant, simplifying immediate lettings or refurbishment choices.
Buyers should note material running costs: an annual service charge of £3,185.12 and ground rent of £504.75. Heating is by electric room heaters rather than a central gas system, which can affect running costs and tenant appeal. The flat is small and best suited to single professionals, sharers or investors targeting the student/multicultural rental market rather than families requiring larger space.
Overall this is a turnkey, modern apartment in a sought-after urban location with strong letting potential and long lease security. The principal trade-offs are the high service charge/ground rent and electric heating; these are important to factor into net yield and tenant-targeting decisions.
2 bedroom flat for sale in Burton Place, Manchester, M15 — £180,000 • 2 bed • 1 bath • 593 ft²
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2 bedroom apartment for sale in Burton Place, Castlefield, Manchester, M15 4LR, M15 — £185,000 • 2 bed • 1 bath • 603 ft²
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