Summary - CAMINADA HOUSE, 3 APARTMENT 60 ST LAWRENCE STREET MANCHESTER M15 4DY
2 bed 2 bath Apartment
Vacant investment with parking and long lease near Manchester core.
Two double bedrooms, main with en suite
A vacant two-bedroom, two-bath apartment on the edge of Manchester city centre, offered with long leasehold tenure and secure allocated parking. The open-plan living area leads to a private balcony; the main bedroom has an en suite, and there is an additional bathroom. Built in 2005, the finish is modern with laminate flooring and integrated kitchen appliances.
This unit is positioned for buy-to-let investors: advertised achievable rent of around £1,200 PCM gives a strong gross yield at the listed price. Vacancy removes immediate tenancy complications and the 105-year lease left provides long-term ownership security for investors or owner-occupiers.
Be clear about running and holding costs: the annual service charge is approximately £2,358 and ground rent is £100 per year. Heating is by electric room heaters rather than a gas central system, which may increase running costs compared with gas-heated properties. There is no private garden and the block sits in a largely built-up urban courtyard with limited green space.
The local area is inner-city and cosmopolitan with good transport links and amenities nearby, but it scores high on area deprivation measures. This means steady tenant demand from city workers and students, but also that social and economic challenges in the wider neighbourhood should be noted by purchasers planning long-term owner-occupation.
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