Summary - LANCASTER HOUSE, 80 FLAT 28 PRINCESS STREET MANCHESTER M1 6NF
1 bed 1 bath Apartment
Characterful one-bedroom apartment with mezzanine and parking, sold at auction — ideal for investors..
One-bedroom fifth-floor apartment with mezzanine and high ceilings
Allocated off-street parking space — uncommon in central locations
Total area approximately 593 sq ft (average-sized layout)
Leasehold sale at auction — purchase legally binding on winning bid
Administration fee and buyer’s premium payable on exchange (see legal pack)
Heating: electric storage heaters; glazing: secondary — may need upgrading
Solid brick Victorian building with minimal built-in insulation assumed
Located in a busy multicultural student neighbourhood; lettings potential
A fifth-floor one-bedroom apartment in Lancaster House offers a compact city-centre base or rental opportunity in the heart of Manchester. The flat includes a mezzanine, high ceilings and large windows that bring light and character into the 593 sq ft layout, plus one allocated off-street parking space — a rare perk for central locations.
This is a leasehold property to be sold at auction. Important sale costs apply: an administration fee (2.5% inc. VAT, min. £2,500), a buyer’s premium (£1,560 inc. VAT) and any disbursements listed in the legal pack. Lease length, ground rent and service charge details are not provided in the summary and must be checked in the legal pack before bidding.
Practical considerations: heating is via electric storage heaters and glazing is secondary; the building’s solid-brick Victorian fabric likely has little cavity insulation. The wider area is a cosmopolitan, multicultural student neighbourhood — good for lettings but noisy at times and classified as deprived for some local indices. Buyers should factor in potential refurbishment and running costs alongside auction purchase commitments.
This lot suits investors seeking a central rental let or buyers wanting a characterful pied-à-terre with renovation potential. Because auction purchases are legally binding, view the legal pack, arrange finance pre-approval, and inspect the property where possible before bidding.
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