Long-term tenant and immediate rental income in central Manchester.
One-bedroom flat with ensuite and open-plan kitchen/lounge
A compact one-bedroom apartment on High Street, central Manchester, offered with a long-standing tenant in situ. The flat includes an ensuite bedroom, separate bathroom, open-plan kitchen/lounge and totals around 506 sq ft — a straightforward buy-to-let aimed at investors seeking immediate income.
The property currently produces £11,940 gross annually, equating to roughly a 9.0% gross yield at the asking price of £132,000. The building sits on a busy, well-served high street with excellent public transport, fast broadband and a wide range of retail and leisure amenities close by — strong demand drivers for city-centre rental stock, particularly from students and young professionals.
Notable transactional details: the sale is leasehold, the tenant does not intend to vacate, and a buyer’s premium applies on completion. No internal photographs, floorplans or precise room measurements are provided in the pack, so purchasers should allow for survey and verification of floor area and condition.
Externally the building appears well-maintained but offers negligible private outdoor space and likely limited parking — typical city-centre constraints. This makes the flat best suited to investors or developers targeting rental returns or portfolio expansion rather than an owner-occupier seeking outdoor amenity or parking.
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