Summary - Apartment 36, 31 Lakeside Rise M9 8QF
1 bed 1 bath Apartment
Ready-let one-bed with parking and good transport links — immediate rental income..
Tenanted one-bedroom apartment on 7th floor
Current rent £525 pcm, immediate rental income
Approx 560 sq ft; kitchen/living room and bathroom
Allocated off-street parking space included
Small balcony with Manchester-facing views
Electric room heaters; main heating is electric only
105 years remaining on lease; leasehold tenure
Located near Bowker Vale tram and M60 access
A tenanted one-bedroom apartment on the seventh floor of Tower 4 at Lakeside Rise, offered with an immediate rental income of £525 pcm. The 560 sq ft layout combines an open kitchen/living area, bathroom/WC and a small balcony with views towards Manchester — a compact, commuter-friendly home with allocated off-street parking.
Built around 2003–2006 and fitted with double glazing, the flat is heated by electric room heaters and uses electricity as the main fuel. The lease has 105 years remaining and the council tax band is very cheap, which helps running costs. Broadband speeds are fast and mobile signal is excellent, supporting tenant demand for connectivity.
Location is practical for transport: about a five-minute walk to Bowker Vale tram stop and quick access to the M60 motorway, useful for commuters. The property sits in a mixed urban area serving migrant families and has very low recorded crime. Note that the wider area is classified as very deprived, which may affect long-term capital growth and tenant mix.
This is a clear-let investment opportunity for a buyer seeking immediate yield and low-maintenance ownership. The electric heating and communal building setting mean minimal internal upkeep for small investors, but consider ongoing management for a tenanted apartment and local market conditions when assessing longer-term prospects.
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