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Silverlace Avenue, Manchester

PROPERTY TYPE

Apartment

BEDROOMS

2

BATHROOMS

1

SIZE

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Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Buy To Let Investment Only – Tenanted at £950PCM (January 2027)
  • Spacious Two Bedroom Apartment
  • Open Plan Living Room And Kitchen
  • Parking Space Included
  • Second Floor Apartment
  • Easy Access To Manchester City Centre
  • Close To Local Amenities Including Shops, Schools And Leisure Facilities
  • Excellent Transport Links Providing Easy Access Across The City
  • Gross Yield: 9.50%
  • *Video Tour Available*

Description

*Buy To Let Investment Only*

This spacious two-bedroom apartment on Silverlace Avenue is a ready-made investment opportunity in a location tenants genuinely love.

Being sold as an investment only (not suitable for owner occupiers), the property is currently let at £950 PCM on an initial 12-month tenancy which commenced in January 2026. It’s rented unfurnished, keeping things simple and appealing to long-term renters.

Inside, you’ll find real space for the money. The reception room is generously sized and practical, the two bedrooms are well proportioned, and the layout flows comfortably throughout. The apartment has recently been refreshed with new carpets and redecoration, giving it a clean, modern feel without any immediate work required.

Location is a big win here. Lime Square Retail Park sits right next door, offering a supermarket and a wide range of everyday essentials, exactly the kind of convenience tenants look for. You’re also within easy reach of Manchester city centre, with a bus route close by, making commuting straightforward.

With designated parking included and a tenant already in place, this is a straightforward, income-generating addition to any portfolio, well located, well presented, and offering strong rental appeal.

Tenure: LEASEHOLD
Approx Service Charge: £1600pa
Ground Rent: £120pa (RPI increase every 5 years - please confirm with your mortgage lender they have a product to accommodate this)
Lease: 250 from 2011
Council Tax: B
EPC Rating: C
Building Management: Adacus
100% Ownership
Current Rent: £950pcm
Gross Yield: 9.50%

Brochures

Silverlace Avenue, Manchester
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
Band: B
PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Silverlace Avenue, Manchester

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Recently sold & under offer
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About Ascend, Manchester

6 Burton Place, Manchester, M15 4PT

Welcome to an independently-run, independently-minded estate and lettings agency.

Ascend was founded on the belief that estate agents could do a lot better.

We'd been working in the industry for a long time and were frustrated that most agencies were just so ordinary. Like their houses, these places were in need of a new lick of paint. Bit of rising damp in the basement too.

So we decided to build our own home.

This new home wasn't made of sticks or straw. It was founded on a deep-rooted, decade-long knowledge of Manchester, from the very bricks and mortar of the city centre to its outer reaches. By a team of savvy individuals who loved the city and loved helping people invest, move and live in it. A team of quick thinkers and good listeners who did that rare thing: treat customers like people instead of transactions. Because they knew great service wasn't just about experience and expertise.

We had one philosophy: to keep the promises we made.

Then we opened the doors.

Welcome to Ascend. We're built on higher standards.

Your mortgage

Per year
Lenders usually expect a 10% deposit
%
Choose between 2 and 40 years
Years
Current average is 4.5%
%
Monthly repayments
£548
We think you can borrow up to
Add your household income above
Powered bynationwideThe Nationwide Logo represents a symbol of financial strength and community, empowering members to achieve their goals
These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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Disclaimer - Property reference 34504187. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Ascend, Manchester. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.

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