Summary - Bury Street, Salford, Greater Manchester, M3 M3 7GA
1 bed 1 bath Apartment
Investment apartment with tenant in situ, long lease and strong on-site amenities..
Tenanted until Sept 2026 at £1,180 pcm
Long lease — approx. 244 years remaining
EWS1 available; cladding tested, no works reported
On-site gym, cinema, concierge and launderette
Landscaped communal gardens; ninth-floor courtyard view
Electric room heaters — potentially higher running costs
Service charge £1,892 pa; ground rent £350 pa (RPI-linked)
472 sq ft one-bedroom apartment, EPC B
A straightforward buy-to-let opportunity in the sought-after Local Blackfriars development, this ninth-floor one-bedroom apartment is offered to investors only. The flat is currently tenanted until September 2026 at £1,180 pcm, providing immediate rental income with no void while the tenancy remains in place. The long lease (approx. 244 years) and EPC B rating support long-term asset stability.
Residents benefit from strong on-site facilities — gym, cinema, concierge, launderette and landscaped communal gardens — which help maintain rental appeal to city-centre tenants. The apartment offers an open-plan living/kitchen, a double bedroom with built-in wardrobes and a Jack-and-Jill bathroom, all within a compact 472 sq ft layout.
Practical points for investors: the property uses electric room heaters, so running costs can be higher than gas-heated flats; the service charge (£1,892 pa) and ground rent (£350 pa) are additional ownership costs, and the ground rent is RPI-linked with the next review in 2029. An EWS1 form is available and the building’s cladding test indicates no remedial works currently required, but buyers should satisfy themselves about the external wall system and any interim measures.
Overall this is a low-crime, well-connected central Manchester unit that suits a hands-off investor seeking immediate income and the convenience of comprehensive resident amenities. Be aware of service charges, electric heating and the current tenancy when assessing yield and management plans.
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