Summary - Apartment 002 Block A, 2, Hulme Street M5 4ZB
1 bed 1 bath Apartment
Ready-rented modern apartment with premium resident facilities and strong current yield.
Large one-bedroom apartment, approx. 624 sq ft
A large one-bedroom apartment in The Crescent offers modern living with extensive resident amenities and a private balcony. Built in 2020, the apartment sits within a high-rise scheme that includes a heated pool, gym, spa, sauna and cinema — facilities that attract quality tenants and support rental returns. The property is currently tenanted until October 2025 and is marketed with a strong current yield, making it suitable for investors seeking immediate income.
The flat is spacious (approx. 624 sq ft) with an open-plan living area and contemporary finishes throughout. It benefits from a long lease (244 years remaining), an EPC B rating and very low local crime. Practical considerations include electric room heaters as the main heating source and reliance on electricity as the main fuel, which can affect running costs compared with gas-heated homes.
Buyers should note a relatively high annual service charge (£2,877.52) and a modest ground rent (£209.03). Broadband speeds in the area are reported as very slow, and the wider area is classified as very deprived and a cosmopolitan student neighbourhood — factors that influence long-term capital growth and the tenant profile. Overall, this is a strong, ready-made rental opportunity with premium communal facilities, but with running-cost and neighbourhood factors to weigh for owner-occupiers.
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