Knight Frank appointed to sell Roomzzz Aparthotel in Manchester

Global real estate advisor Knight Frank has been appointed to market the sale of the Roomzzz Aparthotel in Manchester city centre, with a guide price of £12 mln (€14 mln).

Roomzzz Manchester City

Located on Princess Street, this four-star property is housed within an attractive period building reflecting Manchester’s industrial past. It features 59 well-designed guest apartments, including studios, one-, and two-bedroom units, suitable for both short and extended stays. Shared amenities include a reception, lobby, daily housekeeping, self-service laundry, and secure access.

While currently operating under the Roomzzz brand, the freehold interest is offered without brand or management ties, providing the new owner with significant operational flexibility. An experienced on-site team is expected to remain, ensuring continuity. The property has consistently shown strong, profitable trading, with potential for further unit expansion, subject to necessary approvals.

The aparthotel boasts a prime location, close to Manchester’s main retail areas, diverse bars, restaurants, and leisure facilities. Substantial public and private investment over the last decade has solidified Manchester's status as a leading UK and international destination, supported by excellent transport links, including extensive rail services and Manchester Airport, which drive demand for city-centre accommodation.

Ryan Lynn, partner at Knight Frank, commented: “The combination of a prime city centre location, an attractive period building and well-specified apartments ensures the property appeals to a broad range of occupiers, including business travellers, relocating professionals, weekend visitors and international tourists. As such, Roomzzz Manchester City represents a resilient and well-established hospitality asset within one of the UK’s strongest regional hotel markets. The opportunity to acquire the asset unencumbered by brand or management, alongside its clear expansion potential, offers an incoming owner a compelling platform for future value creation.”