Long-lease, tenant-occupied 2-bed with concierge, roof terrace and canal access — ideal for investors..
2 bedrooms, 2 bathrooms with one en-suite
Specifically suited to investors, this second-floor two-bedroom apartment in Castlefield offers immediate rental income with an active tenant in situ. The open-plan living, modern fitted kitchen and two bathrooms — one en-suite — provide straightforward appeal to professionals and students seeking city-centre convenience. Communal extras including concierge, high-speed Wi‑Fi in the co-working space and a roof terrace add lettable lifestyle benefits.
Practical strengths include a very long lease (996 years) and a passed EWS1 certificate, reducing medium-term compliance risk. A small balcony and direct access to the Bridgewater Canal path enhance the apartment’s urban outlook. The property’s 756 sq ft layout balances living space and two double bedrooms, making it flexible for sharers or couples.
Costs and constraints are clear: the apartment is leasehold with an annual service charge of £1,805.75 and a £250 ground rent; council tax sits above average (Band E). It is sold with a sitting tenant and comes furnished — photographs were taken before the current tenancy. The local area is a cosmopolitan, student-heavy neighbourhood, so expect urban activity and a younger demographic nearby.
For an investor seeking a low-management, long-lease city centre asset with communal amenities and immediate income, this unit offers a competitive, turn-key option. Buyers seeking owner-occupancy should note the tenant in place and the area’s student-orientated character.