Summary - Apartment 1104, City View, Highclere Avenue M7 4ZU
2 bed 1 bath Flat
Cash-ready two-bedroom investment with excellent rental return and secure parking.
["Currently let producing £12,600 pa — over 10% gross yield","11th floor apartment with lift and panoramic city views","Gated residents’ parking included","Long lease (circa 977 years) and low ground rent (£100 pa)","Service charge approx. £2,646 per year — factor into net yield","Electric wall-mounted heating; no central gas heating","Double glazing installed; build completed in 2003","Area shows high deprivation despite very low crime and fast broadband"]
This 11th-floor, two-bedroom apartment is presented specifically as a cash investment opportunity. Currently let and producing £12,600 per year, the property delivers a headline rental yield in excess of 10% before disbursements, supported by gated residents’ parking, lift access and impressive panoramic views over Manchester city centre. The long lease (circa 977 years) and low ground rent help preserve capital security for investors.
The flat is arranged as an open-plan living room and kitchen, two double bedrooms and a fully tiled bathroom. It is double-glazed and heated by wall-mounted electric heaters; fixtures include an integral electric oven and plumbing for a washing machine. Service charges amount to about £2,646 pa and ground rent is £100 pa — factor these running costs into net yield calculations.
Location strengths include excellent public transport links, very low local crime, and fast broadband — attributes that support continued rental demand from young families and students. Counterbalancing the positives: the immediate area scores high on deprivation indices, heating is electric rather than gas, and communal upkeep is covered by a notable service charge. This property suits investors seeking a straightforward, high-yield rental asset who can purchase with cash and manage short-term landlord responsibilities.
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