Ready-income two-bedroom flat with concierge and long lease near the city centre.
Immaculately presented two-bedroom apartment with private covered balcony
EWS1 available confirming external wall safety status
241 years remaining on lease — long-term security
Currently tenanted at £1,300pcm (periodic tenancy) — immediate income
Service charge £2,094pa and ground rent £300pa — factor costs
Main heating via electric room heaters — potentially higher running costs
Built 2017 with EPC rating B and modern integrated kitchen
Communal riverside gardens and 24/7 concierge enhance appeal
This well-presented two-bedroom apartment in One Regent combines modern city living with strong rental potential. Located on the third floor and completed in 2017, the property comes with a long lease (241 years), EWS1 available, and an EPC rating of B. The apartment includes an open-plan living area, covered private balcony overlooking the river, two double bedrooms (master en-suite) and contemporary fitted kitchen.
Currently tenanted on a periodic tenancy at £1,300pcm, the flat offers an immediate income stream — a gross yield of approximately 6.9% at the asking price. The development benefits from daily concierge, secure bike storage and landscaped communal riverside gardens, while Deansgate and city-centre amenities are within a short walk, appealing to city-based professionals and investors.
Buyers should note the property uses electric room heaters as the main heating source and runs on electricity, which may mean higher running costs than gas-heated homes. Annual service charge (£2,094) and ground rent (£300) are payable and should be factored into net returns. The apartment is sold leasehold; the long lease reduces immediate lease-related risk but typical leasehold costs apply.
Overall, this apartment suits investors seeking a low-management, city-centre rental with concierge and communal amenities, or buyers wanting a ready-made central Manchester base with riverside views and modern fittings.
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