Summary - Apartment 406, 6, Oldham Road M4 5DB
3 bed 2 bath Flat
Modern investment flat with balcony and strong rental potential close to Ancoats.
- Fourth-floor apartment with lift access and private balcony
- Three bedrooms, en-suite plus main bathroom, open-plan living
- Chain free; currently subject to public notice (cash-only offer made)
- Strong rental comparables circa £1,800 pcm, good gross yield potential
- Leasehold with 132 years remaining; ground rent approx. £234
- Service charge not confirmed; solicitor enquiry recommended
- Electric room heating (higher running costs) and average broadband
- Located in a very deprived area; council tax Band E above average
Located on the fourth floor of a contemporary development on the edge of Ancoats, this three-bedroom flat offers clear investor appeal. The open-plan living room, private balcony and two bathrooms (including an en-suite) make the apartment straightforward to let to professionals or students. Similar units in the building are achieving circa £1,800 pcm, suggesting strong rental income and an attractive gross yield for the asking price.
The property is leasehold with 132 years remaining and an estimated ground rent of £234. There is a service charge to be confirmed; buyers should obtain exact figures via solicitor enquiry. Heating is electric via room heaters and broadband is FTTC with average speeds — practical but worth factoring into running costs and tenant expectations.
Be aware there is a public notice indicating an offer has been made (cash-only) and interested parties have a 14-day period to raise objections or submit higher offers. The area is classed as very deprived, and council tax sits above average (Band E), which may affect tenant demographics and outgoings.
Overall this is a modern, chain-free apartment with clear short-term rental potential and straightforward management needs. Buyers seeking a city-centre rental purchase should prioritise confirmation of service charge, total running costs and consider modest cosmetic updating to maximise rental income.
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