Summary -
Flat 301,90, Princess Street,MANCHESTER,M1 6NG
M1 6NG
2 bed 1 bath Apartment
Compact, income-producing two-bed in prime Manchester location, let until August 2025..
Central city-centre location; minutes from Oxford Road and Piccadilly Station
Currently let until August 2025 at £1,473 pcm — immediate rental income
Compact 441 sq ft two-bedroom apartment; open-plan kitchen/living
Leasehold with ~242 years remaining — long lease but not freehold
Service charge ~£2,600 pa; ground rent ~£284 pa — factor into yields
Located in a multicultural student neighbourhood — strong letting pool
Low flood risk and very low crime — good for tenant security
Small rooms and low-to-standard ceilings — limited family appeal
This third-floor, two-bedroom apartment sits in the heart of Manchester city centre, a few minutes’ walk from Oxford Road, Piccadilly Station and Chinatown. The apartment is compact (approx. 441 sq ft) with an open-plan kitchen/dining/living area and modern finishes that suit professional sharers or students. It is currently let until August 2025, providing immediate rental income.
For investors the location is the main draw: strong commuter links, dense local amenities, and a predominantly student/multicultural neighbourhood support steady demand for rented flats. The tenancy at £1,473 pcm offers predictable cash flow while you choose whether to hold or refinance later. Low flood risk, very low recorded crime and excellent mobile reception add to lettability.
Be clear on the cost and constraints. The property is leasehold with approximately 242 years remaining; annual service charge is around £2,600 and ground rent about £284 pa. The overall size is small, ceiling heights are standard to low in parts and the building is an early-20th-century mixed-use structure—suitable for investors seeking a city-centre income unit but less attractive to buyers needing larger family accommodation.
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