£140,000

The Foundry, 2A Lower Chatham Street, Manchester, Greater Manchester, M1 — The Foundry, 2A Lower Chatham Street, Manchester, Greater Manchester, M1

UPRN 10091143446

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About this home

This well-located two bedroom, two bathroom apartment presents an appealing opportunity for investors seeking a stable income stream in one of Manchester’s most consistently in-demand rental areas. Positioned just behind Oxford Road Station, the property combines reliable tenancy, excellent transport connectivity and long-term value, with a current rent of £1,254 per month and approximately 975 years remaining on the lease. Set within The Foundry, a modern development with secure fob entry and allocated parking, the apartment offers a practical and attractive layout suited to both tenants and future owner-occupiers. The open plan kitchen and reception space is bright and inviting, enhanced by a Juliet balcony and a contemporary fitted kitchen with integrated appliances. Two well-proportioned double bedrooms provide comfortable accommodation, with the principal bedroom featuring its own Juliet balcony and ensuite shower room, while the main bathroom includes a bath with shower over, wash basin and WC. The immediate area is one of Manchester’s most vibrant neighbourhoods, with Oxford Road’s universities, cultural venues, cafés and late-night spots just moments away, making it a long-standing favourite for young professionals and students alike. Excellent rail, tram and bus links place the wider city and regional employment hubs within easy reach, ensuring ongoing rental demand and strong occupancy levels.

FOR SALE BY ONLINE AUCTION6 WEEKS’ COMPLETIONApartmentTwo bedroomsRequires refurbishmentLeaseholdInvestment

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£751per month

Fixed 5.2% interest rate

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£300

0.2% effective rate

£125,000–£140,000 at 2%
£300

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The Foundry, 2A Lower Chatham Street, Manchester, Greater Manchester, M1

Area at a glance

  • House pricesAbove UK Average
  • Living costsSimilar to UK Average
  • Transport linksAbove UK Average
  • Local amenitiesBelow UK Average
  • Safety of areaAbove UK Average
  • SchoolsAbove UK Average
  • Healthcare accessAbove UK Average