Contemporary one-bed apartment with long lease, rental income and city-centre links.
Chain free one-bedroom apartment with balcony and integrated kitchen
994 years remaining on lease — effectively long leasehold security
Current tenant in place: £1,800 pcm until 02.05.2024 (income potential)
Service charge c. £1,920 pa; ground rent c. £352 pa
Electric heating (room heaters); lower thermal performance (U≈1.10 W/m·K)
Approx. 614 sq ft — average-sized, open-plan layout suited to singles/couples
Excellent public transport links: Deansgate tram/train 0.3 miles, frequent buses
Located in a cosmopolitan student neighbourhood; area shows high deprivation
Set within Elizabeth Tower, this one-bedroom open-plan apartment offers modern city-centre living and immediate rental potential. The contemporary interior includes an integrated kitchen, wood flooring and a balcony-facing living area that brings in natural light. Communal amenities include a gym and swimming pool, and transport links (Deansgate tram/train and local buses) are within a few minutes’ walk.
The property is leasehold with an exceptionally long lease (994 years) and is sold chain free. It is currently furnished and let at £1,800 pcm until 02.05.2024, making it suitable for investors seeking short-term guaranteed income or buyers happy to wait for vacant possession. Service charge and ground rent are payable: approx. £1,920 pa service charge and £352 pa ground rent.
Practical considerations: heating is electric (room heaters), and the building’s walls have average thermal performance (U-value ~1.10 W/m·K). The flat is average-sized (approx. 614 sq ft) so it suits singles, couples or a buy-to-let target market rather than families needing multiple bedrooms. The local area is a cosmopolitan, multicultural student neighbourhood and the wider area shows higher deprivation metrics — factors that affect long-term resale and tenant mix.
Overall, this modern apartment offers convenient city living and immediate rental income. It’s a straightforward purchase for investors or first-time buyers wanting a well-presented, low-maintenance city base, provided you accept electric heating, regular service charges and the character of a busy student-heavy neighbourhood.
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