Summary - Flat 1, 1, Boston Street, MANCHESTER M15 5AY
2 bed 1 bath Flat
Income-producing city flat with underground parking and long lease for investors.
Let producing £1,200 pcm (tenant in place)
A practical investment in Hulme’s modern Life Building, this two-bedroom apartment is currently income-producing and offered to investors and cash buyers only. The long lease and secure underground parking make it straightforward to hold, while the open-plan living space and balcony suit long-term tenants seeking city convenience.
The flat is let at £1,200 pcm and is sold with the existing tenancy in place. The building benefits from contemporary construction, double glazing throughout and a compact, well-appointed kitchen. Room sizes are generous for a city flat, including two double bedrooms and a living/dining area with balcony access.
Buyers should note several important points: the property is leasehold, reported lease length varies between documents (c.220–250 years remaining), the service charge is £2,523.48pa and ground rent c. £206pa. Heating is by electric panel/room heaters rather than gas central heating, broadband speeds are reported slow, and the sale is marked for cash buyers/investors only. There is no EWS1 provided.
Overall this is a straightforward buy-to-let opportunity in an inner-city, well-connected location with good local amenities and very low local crime. The property suits investors seeking an easy-to-manage city apartment with secure parking and medium-term rental income, but purchasers should budget for the service charge, electric heating running costs and verify tenancy end date and lease details prior to exchange.
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