Summary - Caminada House, Hulme, Manchester City Centre, M15 M15 4DY
2 bed 2 bath Flat
Cash-only investment near Manchester centre with secure parking and rental potential.
- Cash buyers only; purchase cannot be mortgaged
A cash-only opportunity aimed squarely at investors seeking a central Manchester rental asset. This top-floor two-bedroom apartment offers 777 sq ft of open-plan living, a modern integrated kitchen, ensuite to the master and secure underground parking — features that support steady tenant demand and straightforward management.
The building dates from the early 2000s and benefits from double glazing and relatively low maintenance construction. The long lease (103 years remaining) and clear parking provision add appeal, while the location in Hulme provides quick commutes to Manchester city centre and plentiful local amenities.
Buyers should factor in a substantial service charge (£3,000 pa) and a modest ground rent (£100 pa). Heating is via electric storage heaters and the EPC is D; these will affect running costs and appeal to some tenants. The property is being marketed for cash purchasers only and sits within an area classed as very deprived, which influences long-term capital-growth prospects but can support strong rental yields for discerning investors.
Overall this is a practical investment with good rental fundamentals and straightforward accommodation, best suited to buyers able to purchase in cash and to manage or upgrade energy and communal-cost implications where needed.
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