Summary - Spinners Way, Manchester, Greater Manchester, M15 M15 4SR
1 bed 1 bath Apartment
Vacant one-bed with balcony and garage, offered for quick auction purchase.
12% gross yield advertised
This modern one-bedroom apartment in central Manchester is presented as a vacant leasehold investment with strong headline yield — advertised at a 12% gross return. Built in 2021, the compact 432 sq ft flat sits in a contemporary development close to Deansgate and Cornbrook Metrolink, appealing to city-centre renters and buy-to-let portfolios seeking immediate occupancy.
Practical features include a private balcony, garage parking and fast broadband/mobile connectivity, all useful for attracting professional tenants. The long lease (circa 141 years) reduces medium-term tenure risk and the property’s new build specification means limited immediate maintenance is likely.
Important cautions: the apartment uses electric room heaters (higher running costs than gas), is small in overall size, and lies within an area recorded as very deprived — factors that can affect rental levels and tenant profiles. The sale is by online auction with a six-week completion target, so buyers should be ready to exchange quickly and carry out any due diligence beforehand.
Overall, this is a turnkey, centrally located asset for investors prioritising yield and immediacy. Owner-occupiers seeking larger living space or lower energy bills may want to compare alternatives first.
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