Offers over

£120,000

2 bed flat for sale
Silverlace Avenue, Manchester M11

    • 2 beds

    • 1 bath

    • 1 reception

  • EPC Rating: C

Leasehold
Added on 03/03/2026

About this property

  • Buy To Let Investment Only – Tenanted at £950PCM (January 2027)

  • Spacious Two Bedroom Apartment

  • Open Plan Living Room And Kitchen

  • Parking Space Included

  • Second Floor Apartment

  • Easy Access To Manchester City Centre

  • Close To Local Amenities Including Shops, Schools And Leisure Facilities

  • Excellent Transport Links Providing Easy Access Across The City

  • Gross Yield: 9.50%

  • *Video Tour Available*

*Buy To Let Investment Only. Tenanted at £950pcm From January 2026*

This spacious two-bedroom apartment on Silverlace Avenue is a ready-made investment opportunity in a location tenants genuinely love.

Being sold as an investment only (not suitable for owner occupiers), the property is currently let at £950 pcm on an initial 12-month tenancy which commenced in January 2026. It’s rented unfurnished, keeping things simple and appealing to long-term renters.

Inside, you’ll find real space for the money. The reception room is generously sized and practical, the two bedrooms are well proportioned, and the layout flows comfortably throughout. The apartment has recently been refreshed with new carpets and redecoration, giving it a clean, modern feel without any immediate work required.

Location is a big win here. Lime Square Retail Park sits right next door, offering a supermarket and a wide range of everyday essentials, exactly the kind of convenience tenants look for. You’re also within easy reach of Manchester city centre, with a bus route close by, making commuting straightforward.

With designated parking included and a tenant already in place, this is a straightforward, income-generating addition to any portfolio, well located, well presented, and offering strong rental appeal.

Tenure: Leasehold
Approx Service Charge: £1600pa
Ground Rent: £120pa (rpi increase every 5 years - please confirm with your mortgage lender they have a product to accommodate this)
Lease: 250 from 2011
Council Tax: B
EPC Rating: C
Building Management: Adacus
100% Ownership
Current Rent: £950pcm
Gross Yield: 9.50%

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Monthly repayment

£600 per month

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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.

More information

  • Tenure

    Leasehold (235 years)

  • Service charge

    £1,600 per year

  • Council tax band

    B

  • Ground rent

  • Ground rent date of next review

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