£264,848
(£350/sq. ft)
2 bed flat for saleManchester M15
2 beds
2 baths
1 reception
757 sq. ft
About this property
Immediate Income: Currently let at £1,300 per month
Attractive Yield: Approx. 6% gross yield
Flexible Tenancy: Monthly rolling contract – ideal for investors or future owner
High Demand Location: Popular with professionals due to proximity to the centre
Price: £264,848
Type: 2 Bedroom, 2 Bathroom Apartment
Size: 757 sq ft
Current Rental Income: £1,300 pcm
Yield: Approx. 6%
Status: Tenanted (monthly rolling contract)
Property Overview
Located within the highly sought-after Excelsior Works development in Manchester, this spacious two-bedroom, two-bathroom apartment offers modern city living combined with strong investment credentials.
Extending to approximately 757 sq ft, the property features a well-proportioned open-plan living and kitchen area, two generous double bedrooms, including a principal bedroom with en-suite, and a contemporary main bathroom. Large windows provide excellent natural light throughout, enhancing the sense of space.
Investment Highlights
Immediate Income: Currently let at £1,300 per month
Attractive Yield: Approx. 6% gross yield
Flexible Tenancy: Monthly rolling contract – ideal for investors or future owner-occupiers
High Demand Location: Popular with professionals due to proximity to the city centre and transport links
Owner-Occupier Appeal
This apartment is equally attractive for buyers looking to move in:
Opportunity to take possession with relatively short notice
Generous layout with two bathrooms – ideal for sharers, couples, or work-from-home setups
Characterful development with strong resale and rental appeal
Location
Excelsior Works is situated in a thriving area of Manchester, offering:
Easy access to the city centre, Ancoats, and Northern Quarter
Excellent transport connectivity
Nearby cafés, restaurants, and amenities
Strong tenant demand driven by young professionals and commuters
Accommodation
Entrance hallway with storage
Open-plan living/dining/kitchen area
Two double bedrooms
En-suite to principal bedroom
Main bathroom
Summary
A superb opportunity to acquire a turnkey investment with income from day one, or a stylish city apartment with flexibility to occupy in the near term. Properties within Excelsior Works continue to be in high demand, making this an appealing option for both investors and owner-occupiers alike.
Mortgage calculator
£1,324 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 (Ask agent)
Service charge
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Ground rent
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