Income-producing one-bed apartment near Northern Quarter — cash buyers only, sold with tenant..
Tenanted property generating £990pcm, sold with tenant in situ
Cash buyers only; sale via Secure Sale online auction
Long lease: 986 years remaining — effectively freehold security
Third-floor corner flat with Juliet balcony and open-plan living
EPC B and double glazing; main heating via electric room heaters
Annual service charge £1,897; ground rent £292
Close to Northern Quarter/Ancoats amenities, very low local crime
No flood risk; excellent mobile signal and fast broadband
A well-located one-bedroom apartment in the Ancoats/Northern Quarter fringe, offered to cash buyers at auction. Positioned on the third floor with a corner aspect and Juliet balcony, the flat provides bright open-plan living and a modern fitted kitchen — good for city professionals or buy-to-let portfolios.
The property is sold with a sitting tenant paying £990pcm, making it income-producing from day one. Leasehold terms are strong with 986 years remaining. EPC rating B and double glazing contribute to reasonable running costs, though main heating is via electric room heaters.
Notable costs include an annual service charge of £1,897 and ground rent of £292. Sale is via Secure Sale online bidding and restricted to cash buyers; bidders should allow for these ongoing charges and factor in the auction process.
This apartment suits investors seeking immediate rental income and long lease security, or buyers wanting a low-maintenance city base in a lively neighbourhood. Be aware of electric heating and service charges when assessing net yield or owner-occupier running costs.
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