Income-producing two-bed with balcony, parking and long lease in New Islington..
Allocated parking space included
Full-width balcony with Etihad Stadium views
Two-bed, two-bath open-plan layout (approx. 700–754 sq ft)
Tenanted until August 2026 — cash buyers preferred
Service charge ~£2,534.24 pa; ground rent ~£486.40 pa
Electric storage heating; consider running costs
EWS1 unavailable (no pending cladding works)
999-year lease; EPC rating B
This two-bedroom, two-bathroom apartment in Hatbox, New Islington offers 700–754 sq ft of open-plan living with a full-width balcony and allocated parking. Tenanted until August 2026, the property is already delivering a strong rental return (current 6.04% at £1,460pcm; projected 6.21% at £1,500pcm), making it suitable for buy-to-let investors seeking immediate income.
The development sits adjacent to the New Islington tram stop with quick access to Manchester Piccadilly and city-centre amenities. The flat benefits from excellent mobile signal, fast broadband, an EPC B rating, and long lease length (999 years), while offering notable views across East Manchester and the Etihad Stadium.
Buyers should note this is a cash-purchase opportunity only and EWS1 is unavailable (no pending cladding works). Service charge and ground rent are material running costs (approx. £2,534.24 and £486.40 pa respectively), and heating is via electric storage heaters — consider these when modelling ongoing costs. The building is in a predominantly student and multicultural area and wider locality indicators show higher deprivation; this affects tenant profiles and resale considerations.
Overall, the apartment suits investors seeking immediate rental income in a well-connected city-centre development. Owner-occupiers may also consider it for city living, but should factor in tenancy, ongoing service charges, and electric heating when assessing affordability and lifestyle fit.
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