Summary - Great Northern Great Northern Watson Street, Manchester M3 4LP
1 bed 1 bath Apartment
Central apartment ideal for hands-off investors or city professionals.
Second-floor one-bedroom with balcony and integrated kitchen
Located in converted Great Northern warehouse; industrial character
24-hour concierge and central Deansgate location
Market rent reported at £1,200pcm; claimed yield over 8%
Leasehold with 128 years remaining; small ground rent £250
Sold at auction on 27 October 2025 — buy-side due diligence needed
Very slow broadband speeds may affect home-working tenants
Situated in a cosmopolitan, student-heavy neighbourhood — tenancy mix possible
Set on the second floor of the converted Great Northern building, this one-bedroom apartment combines industrial character with contemporary fittings. The double bedroom opens onto a small balcony for fresh air and city views; an integrated kitchen and stylish bathroom complete the apartment’s practical, modern layout. The building offers 24-hour concierge service and sits a short walk from Deansgate and St Peter’s Square Metrolink.
Presented for sale at auction on 27 October 2025, the flat is promoted with a current market rent of £1,200 pcm, a figure that the listing cites as giving a potential yield of over 8%—making it an appealing prospect for buy-to-let investors targeting central Manchester. The property benefits from long lease terms (128 years remaining) and very low local crime, supporting rental demand in this student and cosmopolitan neighbourhood.
Buyers should note material practical points: the tenure is leasehold with a small ground rent of £250, and broadband speeds in the area are reported as very slow, which may affect certain tenants or home-working occupants. The block’s converted-warehouse character brings high ceilings and brick features but internal space is a conventional apartment layout rather than expansive loft-style rooms.
Overall this is a compact, city-centre home or investment with immediate rental appeal and on-site services; suitable for investors seeking a centrally located let or professionals wanting a low-maintenance pied-à-terre. The auction sale means interested parties should complete their due diligence and be prepared to act within the auction timetable.
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