Summary - Apartment 004 Block B, 4, Hulme Street M5 4ZE
1 bed 1 bath Apartment
High-amenity city flat with immediate rental income potential.
Let to December 2025 at £1,200pcm (income-producing)
Private balcony and open-plan living with large windows
Extensive on-site facilities: gym, pool, cinema, sauna, concierge
EWS1 A2 completed — no external remedial works required
Approx 454 sq ft; one double bedroom; EPC rating B
Lease approx. 245 years; ground rent review linked to RPI (2030)
Heating via electric room heaters (no gas central heating)
Broadband speeds reported as very slow
This one-bedroom apartment in Local Crescent offers a turn-key investment opportunity in a high-amenity city-centre development. The flat is currently let until December 2025 at £1,200pcm, producing a clear gross yield of about 7.1% at the asking price — attractive for buy-to-let buyers seeking immediate income.
The apartment is modern, open-plan and light, with a private balcony and access to extensive on-site leisure facilities including gym, pool, cinema and concierge. An EWS1 A2 form is in place confirming no external remedial works are required. The long lease (approx. 245 years) and EPC B are further positives for longevity and compliance.
Buyers should note practical drawbacks: heating is by electric room heaters and the building’s broadband speeds are reported as very slow, which may affect some tenants. The wider area is classified as very deprived and primarily a cosmopolitan student neighbourhood — strong for rental demand but less suited to buyers seeking quiet residential streets.
Overall this apartment suits investors seeking immediate rental income and low short-term capital outlay. Owner-occupiers could consider the property once the tenancy ends, but should weigh heating and connectivity limitations against the building’s excellent communal amenities.
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