Linen Quarter, Denmark Road

Located within the popular Linen Quarter development on Denmark Street, this one-bedroom ground floor apartment is offered for sale as an investment opportunity only, with a tenant currently in situ. The development is well positioned for Manchester city centre, universities, transport links, and a wide range of local amenities, making it a consistently strong and sought-after rental location.

Linen Quarter is ideally located for commuters, with Deansgate, Oxford Road, and Piccadilly all easily accessible, alongside excellent transport links including Manchester Oxford Road station, local Metrolink services, and major road networks. The area is particularly popular with professional tenants due to its proximity to the city centre, universities, hospitals, and employment hubs.

The property benefits from access to superfast broadband and good mobile phone coverage. The apartment is currently occupied, and access is being arranged with the tenant. Viewing appointments will be confirmed once availability has been agreed.

The accommodation comprises an open-plan living and kitchen area, a well-proportioned double bedroom, and a modern bathroom suite. Fixtures include fitted flooring, window blinds, integrated kitchen appliances, and main furniture items. The apartment further benefits from allocated parking and access to a large elevated communal outdoor space, which is a particular draw for tenants within this development.

The property is currently let at £950 per calendar month, providing an immediate income of £11,400 per annum, which equates to a gross rental yield of approximately 8.4% at the asking price - making this a strong, ready-made investment for incoming buyers.

The apartment is held on a leasehold basis, with ground rent of approximately £410 per annum and a service charge estimated at circa £1,292 per annum. The building is professionally managed by Trinity Estates and benefits from an EWS1 certificate, offering reassurance to investors and lenders.

O'Connor Bowden Property management are the management agent.

Linen Quarter was a new build apartment development completed in 2008 by Morris Homes. Having secured the acquisition of this apartment from new for the current owner, O'Connor Bowden have been managing the property for the past 18 years. A seamless and continuous property management service can be arranged for any purchaser, on favourable terms and with the inclusion of tenant referenced, rent guarantee and legal protection cover, if required. O'Connor Bowden is happy to arrange a conversation with potential buyers to discuss current and historical rental performance.