First-floor two-bed flat with balcony and reliable rental income near Etihad Campus.
Two double bedrooms with ensuite to master
Open-plan living/dining room with balcony and canal view
Currently let; tenancy details show fixed term and rental income (£950pcm)
Gross rental yield reported in mid-7% range
Allocated off-street parking and lift access
Long lease remaining (circa 235–250 years)
No EWS1 certificate yet; developer pledged remedial cladding work
Heating is electric room heaters; check appliance/heating condition
A well-located two-bedroom apartment in The Drum, Sportcity, offering straightforward rental appeal close to Etihad Campus and tram links to Manchester Piccadilly. The first-floor flat features an open-plan living/dining room, fitted kitchen and a balcony with canal views — practical space for professional tenants or investors seeking low-management accommodation.
The property is currently let on a fixed-term tenancy (rental income given at £950pcm in marketing; earlier notes also reference £900pcm) and quotes a strong gross yield in the mid-7% range. There is an allocated off-street parking space, lift access and long lease length (circa 235–250 years remaining depending on source), which support re-saleability and lender assessments once cladding issues are resolved.
Important matters: The Drum development does not yet have an EWS1 certificate. The developer has pledged to fund external cladding remedial works, but this can restrict mortgage options — some lenders may refuse and cash buyers might be preferred. Annual service charge is approximately £1,263.14 (possible increase pending), heating is electric room heaters, and buyers should verify appliance and heating condition as no tests have been carried out.
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