Summary - QUEBEC BUILDING APARTMENT 115 BURY STREET SALFORD M3 7DX
2 bed 2 bath Flat
Income-producing apartment near Victoria Station — ideal for cash investors.
- Two bedrooms and two bathrooms, including master en-suite
- Private balcony with excellent natural light
- Currently let at £1,250 pcm until August 2026 (income-secure)
- Gross yield approx 7.9% based on £189,000 asking price
- Service charge c. £3,040.80 per year; ground rent £250 pa
- Lease c. 227 years remaining (long lease)
- Heating by electric room heaters (potentially higher bills)
- CASH BUYERS ONLY — not suitable for mortgage-dependent buyers
A well-located two-bedroom, two-bathroom apartment in Quebec Building, offering strong central Manchester rental appeal. The flat features a bright open-plan living area with large windows and a private balcony that captures plentiful natural light. The master bedroom has an en-suite; the second bedroom and separate bathroom suit sharers or short-stay guests. At around 700 sq ft, the layout is efficient for city living.
The property is currently let at £1,250 pcm until August 2026, producing an indicative gross yield of about 7.9% at the asking price of £189,000—an obvious draw for buy-to-let purchasers or investors seeking an income-secure asset in a high-demand area. Transport links are excellent, with Exchange Square tram stop and Victoria Station within easy walking distance, and the city centre’s retail and leisure amenities nearby.
Running costs and ownership details are transparent: service charge c. £3,040.80 pa, ground rent £250 pa, and approximately 227 years remaining on the lease. Heating is electric via room heaters rather than a communal gas system, which can mean higher energy bills. EPC rating C and very low local crime are positives; the building is modern and double-glazed.
Important constraint: sale is for cash buyers only. That limits mortgageable purchasers but suits investors and cash-ready buyers wanting quick completion. Prospective buyers should factor in the service charge, ground rent, and electric heating when assessing net yield and total running costs.
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