Secure, fully tenanted two-bedroom apartment in sought-after Blackfriars with strong on-site amenities..
Two double bedrooms with en suite to principal bedroom
A well-specified two-bedroom, two-bathroom fourth-floor apartment in the popular Local Blackfriars development, offered to investors only and sold with an EWS1 form in place. The 640 sq ft layout includes an open-plan living/kitchen area that opens onto a good-sized balcony, plus a principal en suite and a second bathroom. The property is tenanted until June 2026 at £1,350pcm, providing immediate rental income for a purchaser.
Residents benefit from a strong amenity package: on-site gym, cinema room, concierge, launderette and landscaped communal gardens that support ongoing tenant demand. The building sits close to Manchester transport links and city-centre leisure, which helps lettability in this cosmopolitan, student-rich neighbourhood. EPC rating B and a long lease (approximately 244 years) are practical ownership positives.
Buyers should note a few material points. The building has external cladding; testing has indicated no remedial works are currently required, but prospective purchasers should make their own enquiries about the external wall system and any interim safety measures. Main heating is by electric room heaters (no gas central heating), and the property is leasehold with a service charge (£2,612 pa) and ground rent (£350 pa) subject to RPI review (next review 26 June 2029). These running costs affect net return and should be factored into investment calculations.
Overall, this is a turnkey city-centre investment with secure income, modern communal facilities and a long lease. It will suit investors seeking a low-management, amenity-led apartment in a central Manchester location, provided they accept the leasehold costs and the building’s cladding history has been reviewed to their satisfaction.
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