Summary - Deansgate Square, 9 Owen Street, Manchester, M15 M15 4UG
2 bed 2 bath Apartment
High-spec residence with strong rental income and exceptional resident facilities.
40th-floor apartment with expansive city views and open-plan living
798 sq ft, two bedrooms, two bathrooms, contemporary herringbone flooring
Reported current rent £2,000 pcm; projected £2,050 pcm (approx. 6% yield)
Long lease (~990 years remaining) and EWS1 A1 rating
Resident amenities include 20m pool, gym, sauna, rooftop garden, workspaces
Service charge approx. £3,087 p.a.; building insurance £519 p.a.; ground rent £300 p.a.
Heating via electric room heaters — higher running costs likely
Located in a multicultural student neighbourhood; area classified as deprived
Set high on the 40th floor of Deansgate Square’s East Tower, this two-bedroom apartment offers 798 sq ft of open-plan living with expansive city views. The development’s 50,000 sq ft residents’ Club includes a 20m pool, gym, sauna, rooftop garden and dedicated workspaces — amenities that support strong tenant demand and a demonstrated rental yield. With an EWS1 A1 rating and mortgage buyers welcome, the property suits investors seeking turnkey central-Manchester stock.
Currently tenanted until July 2026 and achieving a reported £2,000 pcm (circa 6.0% yield), the flat is presented as an income-producing asset. The long lease (circa 990 years remaining) removes common lease-length concerns, while fast broadband, excellent mobile signal and very low local crime add practical appeal for renters and students in this multicultural, cosmopolitan neighbourhood.
Buyers should note the material costs of ownership: an annual service charge (approx. £3,087) plus building insurance (£519) and ground rent (£300). Heating is by electric room heaters rather than gas central heating, which may affect ongoing running costs. The wider area is classified as deprived and primarily a student neighbourhood; this supports rental demand but may not suit owner-occupiers seeking a quieter suburban feel.
In short, this property is a strong candidate for investors prioritising central location, high-spec amenities and immediate rental income. Owner-occupiers who value city living and on-site facilities will also find the apartment appealing, provided they accept the service charges and urban context.
2 bedroom apartment for sale in East Tower Deansgate Square, 9 Owen Street, Manchester, M15 — £474,000 • 2 bed • 2 bath • 974 ft²
2 bedroom apartment for sale in Deansgate Square, 9 Owen Street, Manchester, M15 — £390,000 • 2 bed • 2 bath • 798 ft²
2 bedroom apartment for sale in Deansgate Square, 9 Owen Street, Manchester, M15 — £460,000 • 2 bed • 2 bath • 972 ft²
2 bedroom apartment for sale in Deansgate Square, 9 Owen Street, Manchester, M15 — £450,000 • 2 bed • 2 bath • 974 ft²
2 bedroom apartment for sale in South Tower, 9 Owen Street, Manchester, M15 — £372,000 • 2 bed • 2 bath • 787 ft²
2 bedroom apartment for sale in South Tower Deansgate Square, 9 Owen Street, Manchester, M15 — £380,000 • 2 bed • 2 bath • 787 ft²
