Ready-to-let apartment with parking and long lease in a popular city neighbourhood.
Allocated off-street parking
Open-plan living with floor-to-ceiling windows
EWS1 certificate in place
Chain free, long lease (c.229 years)
Current rent £1,200 pcm; potential £1,350+ pcm
Service charge £2,220 pa; ground rent £150 pa
Main heating: electric room heaters (higher running costs)
EPC rating C; single bathroom
A well-presented two-bedroom fourth-floor apartment in New Islington, offered chain-free and with an EWS1 certificate in place. The open-plan living area has floor-to-ceiling windows that flood the space with light and looks out over the communal garden and city centre — a practical layout for lettings or owner-occupation. Allocated off-street parking and communal gardens add tangible everyday value in this central Manchester location.
For investors, the property already produces rental income (£1,200 pcm) with clear scope to push to around £1,350+ pcm, suggesting strong gross yields in the area. The long lease (c.229 years), EPC C and modern build (2003–2006) make this a straightforward asset to hold or refinance. Service charge and ground rent are disclosed, allowing transparent budgeting.
Be aware of material running costs and specification limits: main heating is by electric room heaters (likely higher bills than gas systems), and the service charge (£2,220 pa) plus ground rent (£150 pa) affect net returns. There is a single bathroom and the accommodation is typical of clustered, mid-terrace urban apartment blocks — practical but compact. Overall, this is a ready-to-let, low-management apartment in a popular, well-connected neighbourhood.
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