M15 4TP - 1 bed deansgate square one bed in 9, Owen Street, M15 4TP

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1 bedroom apartment for sale in South Tower, 9 Owen Street, Manchester, M15

Summary - South Tower, 9 Owen Street, Manchester, M15 M15 4TP

1 bed 1 bath Apartment

High-floor apartment with premium resident facilities and strong rental returns.
18th-floor one-bedroom apartment, 559 sq ft, open-plan living
This 18th-floor one-bedroom apartment in South Tower at Deansgate Square offers 559 sq ft of open-plan living with floor-to-ceiling windows and city views. Situated within a high-spec development, residents have access to a large wellness club with pool, gym, sauna, rooftop garden and concierge facilities—a clear draw for professionals and investors seeking hassle-free, amenity-led living.

The property is currently tenanted until July 2026 and is achieving a strong current rental yield (6.19% at £1,600pcm; projected 6.39% at £1,650pcm), making it suitable for buy-to-let investors. The apartment has a very long lease (990 years remaining) and an EWS1 A1 rating, which reduces material safety concerns typical of high-rise blocks.

Buyers should note ongoing ownership costs: an estimated 2025 service charge of £1,885pa, building insurance of £372pa and a ground rent of £200pa. Heating is electric (room heaters), which can be more expensive than communal or gas systems. The wider area is a cosmopolitan, multicultural student neighbourhood and the local area is classified as deprived; this can mean steady rental demand but also local-level challenges and higher daytime activity.

This apartment suits investors seeking immediate rental income and buyers who prioritise facilities and location over low running costs. It offers strong convenience—excellent mobile and broadband, low local crime, central transport links—and the long lease and development amenities provide long-term appeal, while financial and heating costs should be factored into ownership calculations.

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