One-bedroom investment apartments with yields up to 7.5% in Manchester's most amenity-rich address

Introduction

Vita Living Circle Square North sits at the centre of Manchester's most established institutional-grade build-to-rent operation. One-bedroom apartments here represent an opportunity to invest in a building that has been owned and operated by Vita Group and Greater Manchester Pension Fund since it opened — a 417-apartment, 35-storey tower currently running at 99% occupancy and up to 7.5% achieved rental yield. Select Property are making individual apartments available to private investors for the first time.

The Apartment

Apartments extend to c.465 sq ft, with one double bedroom and one bathroom, finished throughout to a high specification and delivered fully furnished. Priced from £312,201, with a 10% deposit securing your position and the balance due on optional delayed completion in June 2027, the entry cost is well calibrated against a building already performing at institutional level. The service charge runs at £5.60 per sq ft per year, approximately £2,604 per year for a c.465 sq ft apartment.

The Amenities

The building's amenity offer is exceptional for a single residential address. A Sky Lounge on the 35th floor with 180-degree views across Manchester, a 15th floor residents lounge extending to two outdoor terraces, a Les Mills gymnasium, and the largest co-working space attached to any single residential address in Manchester. A bookable private dining room, on-site concierge and a building management team complete the offer, the kind of provision that keeps occupancy rates where they are.

The Location

Circle Square sits at the heart of the Oxford Road Corridor, one of Europe's most significant knowledge economy clusters. The building is adjacent to Symphony Park and within walking distance of Manchester's universities, teaching hospitals and cultural quarter. Manchester Piccadilly and the Northern Quarter are a short walk north. The profile of tenant this location attracts, graduate professionals, healthcare workers, academics and this is exactly what sustains low void rates over time.

The Longer View

Manchester's rental market has grown by 46% over the past five years, with a further 30% house price growth forecast for the next five. The city retains 51% of its 120,000 annual students after graduation and its population is growing faster than any other UK city outside London. Vita Living Circle Square North is not a speculative off-plan development , it is an operating asset with a five-year track record, with the sister building Vita Living East over 90% sold since May 2025, and 340 apartments sold across both towers combined.

Useful Information

Tenure: Leasehold, 999 years from 2021.

Ground rent: Peppercorn.

Service charge: £5.60 per sq ft per year (approximately £2,604 per year for a c.465 sq ft apartment).

Parking: Spaces available to hire a few hundred metres away; ask agent for details.

Services

Electricity: Mains.

Heating: Electric panel heating.

Water and drainage: Mains.

Broadband: Ultrafast full fibre broadband is available at this address (up to 10 Gbps download), with superfast (up to 80 Mbps) and standard (up to 16 Mbps) services also available. Providers include Openreach, ITS Technology Group and CableCom Glide, with fixed wireless access via EE and Three. Source: Ofcom.

Mobile coverage: EE, O2, Three and Vodafone all provide good outdoor and in-home coverage at this address. Source: Ofcom.