Summary - 141 Chester Road, Greater Manchester, M15 M15 4ZG
2 bed 2 bath Apartment
Landmark high-floor apartment with premium amenities and strong rental income potential.
938 sq ft corner 2-bed, 2-bath apartment with floor-to-ceiling windows
12th-floor position in Elizabeth Tower with landmark building facilities
EWS1 A1 rated — mortgage-friendly for buyers and lenders
Currently tenanted until September 2026; limited immediate vacant possession
Projected rental yield ~6.41% at £2,300pcm (current 6.13% at £2,200pcm)
Long lease (999 years) but records show 2019/2021 construction dates
Service charge ~£3,175.24pa and ground rent ~£418pa reduce net return
Electric room heaters — potential for higher heating bills; no gas central heating
A large corner two-bedroom apartment on the 12th floor of Elizabeth Tower offers 938 sq ft of bright, contemporary living space with floor-to-ceiling glazing and high-quality finishes. The building’s high-spec resident facilities — pool, gym, rooftop gardens, concierge and co-working spaces — support strong tenant appeal and premium short- to medium-term rental demand in central Manchester.
This unit is currently let and produces a solid yield (6.13% at £2,200pcm; projected 6.41% at £2,300pcm). The property benefits from a long lease (effectively 999 years), an EWS1 A1 rating (mortgage-friendly) and very low local crime, making it straightforward to finance and let to professionals or students seeking high-spec city living.
Notable running costs and local context should be weighed. Annual service charge (~£3,175) and ground rent (~£418) reduce net income; heating relies on electric room heaters which can mean higher utility costs. The wider area is classified as a multicultural, cosmopolitan student neighbourhood and is recorded as very deprived — factors that influence long-term price growth and owner-occupier lifestyle. The apartment is tenanted until September 2026, so vacant possession is not immediate.
Overall, this is a turn-key investment with strong letting credentials and landmark building amenities. It will suit buy-to-let investors looking for immediate income and mortgage-friendly security; owner-occupiers should consider the tenancy status, service charges and local neighbourhood character before viewing.
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