Turnkey city apartment with strong rental income potential.
Allocated off-street parking space included
This one-bedroom apartment at Wilburn Basin offers a turnkey city-living option with strong rental credentials. The open-plan living room with Juliet balcony and large windows creates a bright, modern feel across approximately 483 sq ft. The property is sold furnished and includes an allocated off-street parking space.
Residents benefit from a long lease (242 years), 24-hour concierge, onsite gym and cinema room — amenities that support tenant demand and short void periods. The vendor quotes a 7.4% rental yield, and excellent mobile and fast broadband speeds suit student and commuter lets close to Manchester city centre.
Buyers should note this is leasehold: ground rent £300 pa and service charge circa £1,892 pa. The apartment is in an area classed as deprived and in a cosmopolitan student neighbourhood, which can mean higher tenant turnover and variable capital growth compared with prime residential locations.
Overall, the property is well suited to investors seeking an income-producing, low-management apartment with modern communal facilities. It will also appeal to first-time buyers wanting a ready-made, city-centre home — provided they budget for ongoing service charges and understand the local market dynamics.
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