Summary - South Tower, 9 Owen Street, Manchester, M15 M15 4TN
2 bed 2 bath Apartment
High-floor city living with premium resident facilities and strong rental potential.
Corner 2-bed, 2-bath apartment — 963 sq ft of open-plan living
Exceptional on-site facilities: pool, gym, sauna, terrace garden, concierge
Very long lease (c.990 years) — secure tenure for buyers
Currently tenanted; projected rental yield ~6.13% at £2,300 pcm
Service charge c.£3,500.56pa; building insurance and additional fees apply
Ground rent £300pa; council tax Band F — higher ongoing costs
Electric room heaters — potentially higher heating bills than gas
Located in a cosmopolitan student neighbourhood; area rated deprived
This corner 2-bedroom, 2-bath apartment offers 963 sq ft of open-plan living in Deansgate Square’s South Tower, with generous windows and modern finishes. Positioned on a high floor, it benefits from extensive resident amenities including a 20m pool, gym, sauna, terrace garden and concierge — facilities that support strong rental demand and lifestyle appeal.
The property is leasehold with an exceptionally long remaining term (around 990 years) and is currently tenanted, producing a projected rental yield of c.6.13% at £2,300 pcm. Service charge and running costs are material: approximately £3,500.56 per year, plus ground rent (£300 p.a.) and an expensive council tax band (F). Heating is electric via room heaters, which may be costlier than central systems.
Located in a cosmopolitan, multicultural student neighbourhood close to central Manchester transport and leisure hubs, the apartment suits investors seeking reliable city-centre rental income or owner-occupiers wanting turnkey access to premium building facilities. Be aware the wider area scores as deprived on some indices; this contributes to strong lettability but is an important local characteristic to consider.
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