Summary - VALLEA COURT, 1 APARTMENT 204 RED BANK MANCHESTER M4 4FE
1 bed 1 bath Apartment
Second-floor one-bedroom with private balcony and garden views
This one-bedroom second-floor apartment in Vallea Court offers a compact, modern city-base with a private balcony overlooking well-kept communal gardens. At around 488 sq ft the open-plan living/kitchen flows to the balcony; the double bedroom and three-piece bathroom complete a straightforward, low-maintenance layout built after 2007.
Positioned in Manchester’s Green Quarter, the location is a major selling point: roughly five minutes’ walk to Victoria Train Station and close to the Arndale, Northern Quarter and city-centre amenities. The building has an EWS1 B1 rating in place, which reduces a common sales obstacle for modern apartment blocks.
Numbers suit investors and first-time buyers: an indicated rental yield of about 7.9% (based on £925 pcm), a long lease (c.131 years remaining) and council tax band C. Service charge is £1,780pa and ground rent £250pa (with periodic reviews), so factor these running costs into affordability and yield calculations.
Material considerations: the property uses electric room heaters and mains electricity as the main fuel, which can raise running costs compared with gas-heated homes. The immediate area is a cosmopolitan, student-orientated neighbourhood with high pedestrian activity and some local deprivation indicators—good for rental demand but less suited to buyers seeking quieter suburban locations.
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