Summary -
Apartment 201,42, Ellesmere Street,MANCHESTER,M15 4FY
M15 4FY
1 bed 1 bath Apartment
Compact investment with immediate rental income and communal garden access.
Large full-length balcony accessed from three rooms
A compact one-bedroom apartment in the award-winning Moho building, designed by Urban Splash, offers city-centre rental appeal and a long balcony that runs the length of the flat. The property comes with a large double bedroom, open-plan living/kitchen, central bathroom and direct access to a communal garden – features that suit city renters and investors seeking straightforward tenancy management.
The flat is currently tenanted at £825 pcm and benefits from a confirmed EWS1 A1 rating, easing sales and mortgage processes for investors. At 397 sq ft the apartment is modest in size but well laid out with large windows and a full-length balcony accessed from the living room, bedroom and kitchen, improving natural light and tenant desirability.
Buyers should note this is a leasehold unit with an annual service charge of £2,070 and ground rent of £302. The small overall size and ongoing charges are important when assessing yields and future resale; the apartment suits buyers seeking rental income rather than large living space.
Practical positives include low local crime, excellent mobile signal and fast broadband — useful for city-based professionals or students. The property is on the second floor of a maintained development and currently generates rental income, providing immediate cash flow for an investor willing to accept the service charge and leasehold costs.
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