Summary - Adamson House Adamson House Adamson House Adamson House Adamson House Adamson House Spinners Way, Manchester, M15 M15 4UZ
2 bed 2 bath Flat
Buy-to-let with long-term tenant and clear rent‑rise potential.
Leasehold two-bedroom flat, approximately 836 sq ft
A two-bedroom leasehold flat in Adamson House on Spinners Way presented as a straightforward buy-to-let with a long-term tenant in place. The apartment measures approximately 836 sq ft, arranged with a spacious lounge, two bathrooms (one en-suite) and a contemporary open-plan feel typical of recent city developments. Broadband and mobile signal are strong and there is no recorded flood risk.
Current gross income is £19,200 pa from reliable long-term occupants; the Let Property Pack indicates a realistic relet market income of about £31,200 pa, giving scope to improve yield after rent review or market repositioning. The tenant has signalled no intention to vacate, so this is primarily an income-led purchase rather than an immediate vacant-possession acquisition.
Important practical points: the property is leasehold and a buyers premium will apply on sale. The immediate area is classed as very deprived despite being an inner-city, cosmopolitan district with low crime and good transport links; that socio-economic context will affect tenant demand and exit strategy. The flat suits an investor or developer seeking steady rental returns with upside potential rather than an owner-occupier wanting to move in straight away.
Viewing offers a chance to inspect the internal condition and communal facilities; any buyer should review the Let Property Pack, lease terms and service charges, and factor the buyers premium and potential refurbishment costs into the purchase calculation.
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