Ready-made rental with strong yield and panoramic skyline outlook.
Current rental income £12,600 pa (yield over 10%)
11th-floor apartment with lift and panoramic Manchester views
Gated residents’ parking and communal tended gardens
Long lease: 977 years remaining (leasehold)
Service charge approximately £2,646 per year; ground rent £100
Electric room heaters only — potentially higher running costs
Located in a very deprived area; urban noise and maintenance risks
Council Tax Band A (low) and excellent mobile/broadband connectivity
This 11th-floor, two-bedroom apartment offers a straightforward cash investment with an established rental income and exceptional city views. Currently producing £12,600 per year, the property delivers a headline yield in excess of 10%, making it attractive for buyers seeking immediate rental returns.
Set within a gated high-rise with lift access, the flat features an open-plan living room and kitchen with dual-aspect windows and panoramic Manchester City Centre views. Practical features include gated residents’ parking, communal tended gardens and double glazing; the building’s Brutalist style and dense urban setting suit city-centre renters, students and young professionals.
Buyers should note a few material considerations: heating is by wall-mounted electric heaters (no communal gas), service charge averages £2,646 per year, and ground rent is £100 annually. The wider area is classified as very deprived, and the high-rise location may bring typical urban noise and maintenance needs associated with older multi‑storey developments.
For an investor focused on immediate income rather than long-term owner-occupation, this leasehold apartment (977 years remaining) offers a low-price entry into Salford’s rental market, strong transport links and a very low local crime rate. The combination of panoramic views and existing tenancy makes this a quick-let, cash-purchase opportunity.
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