Ready-let ninth-floor studio with balcony — strong yield in Castlefield location.
Corner-aspect ninth-floor apartment with private balcony and city/river views
516 sq ft open-plan studio with contemporary Porcelanosa fittings
EWS1 B1 form available; building completed 2017
Tenanted until Sept 2026 — current rent £1,050 pcm (7.00% yield)
Projected rent £1,100 pcm (7.33% yield) — investor-friendly cashflow
Service charge £1,535 pa; ground rent £300 pa; building insurance £408 pa
Electric room heaters — higher running costs than gas heating
Long lease (~242 years remaining); easy walking distance to Deansgate
A corner-aspect ninth-floor studio in One Regent, offered with an existing tenancy and strong current rental return. The 516 sq ft apartment has an open-plan living/dining area, a private balcony with riverside/city views and access to landscaped communal gardens — features that attract professional tenants and students alike.
Financially this is set up for investors: tenanted at £1,050 pcm (current 7.00% yield) with projected rental uplift to £1,100 pcm (7.33% yield). The building holds an EWS1 B1 form, a long lease (around 242 years remaining) and recently built specification (2017) with Porcelanosa kitchens and bathrooms, supporting mortgageability and low immediate refurbishment need.
Be clear about the costs and operational realities: the property uses electric room heaters which may push running costs above gas-heated flats, and the service charge (£1,535 pa) plus ground rent (£300 pa) and building insurance should be factored into net returns. The apartment is sold with a tenancy in place until September 2026, so vacant possession will not be immediate.
Situated in Castlefield by the River Irwell, the development is a short walk from Deansgate, Spinningfields and the city centre transport hubs. That central location helps keep demand high from city workers, students and short-term professional lets, making this a straightforward let-ready investment with predictable income and low management input required initially.