Turnkey Manchester buy-to-let with excellent transport and leisure access.
- 7.5% rental yield with active tenant in place
- Fully furnished; ready for immediate rental income
- Open-plan living with small balcony and canal view
- Communal roof terrace, concierge and shared workspaces
- Passed EWS1 certificate; 995-year lease (long-term security)
- Service charge ~£1,805.75/year and ground rent £250/year
- Council tax band above average; sold to investors only
This well-presented 2-bedroom, 2-bath apartment in Castlefield offers a strong rental return — advertised at 7.5% yield with an active tenant in place. The open-plan living, dining and kitchen area opens onto a small balcony and the building provides communal roof terrace, concierge and shared workspaces with high-speed Wi‑Fi.
The property is sold to investors only and is offered fully furnished, making it ready for continued rental income. Practical positives include an extremely long lease (995 years) and a passed EWS1 certificate, reducing common headline risks for block purchasers.
Be aware of ownership costs: current service charge is approximately £1,805.75 per year and ground rent is £250 per year; council tax is above average. The active tenancy means the sale is likely to be for continuing rental investment rather than immediate owner occupation or vacant possession.
Location strengths include canal-side access in Castlefield, easy walking distance to Cornbrook tram stop and local retail at Regent Retail Park. For an investor seeking a hands-off central Manchester buy-to-let with communal amenities and a secure tenure, this apartment presents a practical opportunity.
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