Income-producing central Manchester apartment with premium resident facilities.
South-facing one-bedroom on 14th floor with long city views
A high-floor, south-facing one-bedroom in Victoria Residence, positioned for strong tenant demand close to Deansgate and Castlefield. The apartment is currently let at £1,400 pcm until 09/07/2026, offering an immediate income stream and an indicative 6.22% gross yield at the asking price.
The apartment is 612 sq ft with an open-plan living/kitchen, a double bedroom with separate dressing area, and far-reaching city views. Residents benefit from 24-hour concierge, an on-site gym and one of the tallest indoor pools in Western Europe, amenities that support lettability and long-term capital appeal.
Practical considerations: the property is leasehold (991 years remaining) with an annual service charge of £2,162 and ground rent of £352. Heating is by electric room heaters, which can mean higher running costs compared with gas-heated buildings. The building sits within a cosmopolitan, student-heavy neighbourhood and an area classified as more deprived, factors that influence tenant profile and rental seasonality.
This is a straightforward investment for buyers wanting an income-producing central Manchester apartment with strong transport links, excellent broadband and low local crime. The tenant in situ removes void risk in the short term; buyers should factor in service charges, electric heating costs and the local demographic when modelling returns.
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