Initial price	£140,000
22/01/25	£130,000
Price Change	-7.14%

This one-bedroom apartment is located in the popular Albert Vaults development, with easy access to Spinningfields and Manchester city centre. The property features a spacious entrance hallway, open-plan living and kitchen space, a double bedroom, and a modern bathroom. Currently tenanted until January 2026, it generates a rental income of £950 per month, making it an attractive opportunity for investors. For owner-occupiers, vacant possession can be arranged at the end of the tenancy. The property has cladding, but an EWS1 form is available, and it is currently deemed safe with no works required. With a leasehold tenure and approximately 244 years remaining, the ground rent is reviewed every 10 years in line with RPI, with the next review date in 2029. The apartment is situated on Chapel Street, close to Deansgate, Salford Central, and Victoria stations, as well as Manchester's key attractions, sports, and entertainment venues.