Summary - Kinetic Building, Talbot Road, Manchester, M16 M16 0UE
1 bed 1 bath Apartment
Compact flat with secure parking and above-average rental yield.
Currently tenanted at £900pcm; estimated future rents £900–£950pcm
This compact one-bedroom apartment in the Kinetic Building is presented primarily as an investment purchase. It is currently tenanted at £900pcm, producing an immediate gross yield above 5%, with future rents estimated between £900–£950pcm. The property includes a secure parking space and sits on a long lease with 247 years remaining.
The apartment is a small, modern open-plan unit of about 370 sq ft, finished with laminate floors and a contemporary bathroom. Heating is electric (room heaters), so running costs can be higher than gas-heated homes; council tax is low. The building is a mid-century concrete block in an inner-city area undergoing regeneration, close to shops, transport links and several well-rated primary and secondary schools.
Running costs affect net return: an annual service charge around £3,200 and ground rent of £338.60 are payable. The lease length is generous, but tenure details should be confirmed. The unit’s compact size and electric heating are realistic constraints for some tenants, although the location and secure parking are strong lettability factors.
For an investor focused on rental income and long-term capital growth in Old Trafford, this flat offers immediate cashflow and straightforward management. Buyers seeking larger living space or lower-running-cost heating should factor those trade-offs into their decision.
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