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Novella, 15 Stanley Street... 1 bed apartment for sale
Novella, 15 Stanley Street, Manchester, M3
£195,000
Novella, 15 Stanley Street, Manchester, M3
£195,000
Price History
| Initial price | £240,000 |
| 04/04/25 | £235,000 |
| 18/04/25 | £225,000 |
| 27/08/25 | £210,000 |
| 02/09/25 | £195,000 |
| Price Change | -18.75% |
Description
This 10th-floor 1-bedroom, 1-bathroom apartment in the Novella development in Manchester's New Bailey area offers a 474 sq ft living space with a 7.69% rental yield at £1250 PCM, projected to increase to 8.00% at £1300 PCM. The apartment is leasehold with 239 years remaining from 2021 and a service charge of £1981.26 per annum. The development features luxurious amenities, including a 24-hour concierge, gym, and wellness suite, and is located near the city's new tech, media, and culture cluster, Enterprise City, and the £1 billion St John's regeneration project. With a Council Tax Band B and EPC Rating B, this apartment is an attractive investment opportunity for both investors and owner-occupants.