Flats/Maisonettes 2 sales on record

STONEBRIDGE HOUSE

5 FLAT 34 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB

£240,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Manchester City Centre, Whitworth Street / Minshull Street South (Stop B) 0.1 miles
Shop Lilly Nail & Beauty 0.1 miles
University UCEN Manchester (Shena Simon Campus) 0.1 miles
Train station Manchester Piccadilly 0.1 miles
Hospital The Ailsa Craig Medical Practise 1.8 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

2

Bathrooms

2

Last sold

£240,000 Mar 2026

Local average

£268,224 (61 sales)

Street crime

4 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

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Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 25/03/2026 £240,000 Flat +78.1% £238,621 to April 2026 View transaction
Sold 13/04/2000 £134,750 Flat £710,003 to April 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
VELVET COURT APARTMENT 14 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £120,000 18/12/2025 Flat
VELVET HOUSE, 60 APARTMENT 22 SACKVILLE STREET, MANCHESTER, GREATER MANCHESTER, M1 3WE £166,500 28/11/2025 Flat
STONEBRIDGE HOUSE, 5 FLAT 12 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB £171,000 15/09/2025 Flat
SACKVILLE PLACE FLAT 19 BOMBAY STREET, MANCHESTER, GREATER MANCHESTER, M1 7AT £180,000 14/03/2025 Flat
VELVET COURT APARTMENT 3 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £206,500 23/01/2025 Flat
VELVET COURT APARTMENT 55 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £178,000 21/12/2023 Flat
SACKVILLE PLACE FLAT 25 BOMBAY STREET, MANCHESTER, GREATER MANCHESTER, M1 7AT £250,000 08/11/2023 Flat
WHITWORTH HOUSE, 53 FLAT 25 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3WS £237,500 13/10/2023 Flat
VELVET COURT APARTMENT 41 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £180,000 30/06/2023 Flat
14 FLAT 21 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3BS £155,000 05/06/2023 Flat
5 APARTMENT 1003 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BP £190,000 26/05/2023 Flat
14 FLAT 26 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3BS £230,000 30/11/2022 Flat
5 APARTMENT 603 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BP £226,500 06/10/2022 Flat
VELVET HOUSE, 60 APARTMENT 18 SACKVILLE STREET, MANCHESTER, GREATER MANCHESTER, M1 3WE £194,000 12/09/2022 Flat
STONEBRIDGE HOUSE, 5 FLAT 45 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB £304,000 07/09/2022 Flat
5 APARTMENT 117 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BR £190,000 07/09/2022 Flat
5 APARTMENT 303 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BR £195,000 26/08/2022 Flat
SACKVILLE PLACE FLAT 4 BOMBAY STREET, MANCHESTER, GREATER MANCHESTER, M1 7AT £158,000 03/08/2022 Flat
STONEBRIDGE HOUSE, 5 FLAT 44 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB £282,000 29/07/2022 Flat
VELVET COURT APARTMENT 57 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £227,766 29/07/2022 Flat

Area average: £202,088 (20 sales)

For sale comparables

Active for-sale listings within 1 mile, matched to the same property type and bedroom count.

Address Price Beds Type Distance
5 Cobourg Street, MANCHESTER, Lancashire, M1 £250,000 2 Flat 0.01 mi
Fully Managed M1 Manchester City Centre Investment – 7% Rental Yields | Turnkey Investment Opportunity £179,950 2 Flat 0.14 mi
Fully Managed M1 Manchester City Centre Investment – 7% Rental Yields | Turnkey Investment Opportunity £180,000 2 Flat 0.14 mi
Carding Building, Whitworth Street M1 £390,000 2 Flat 0.17 mi
Circle Square, Nobel Way, Manchester, M1 £392,807 2 Flat 0.27 mi
Fully Managed M1 Manchester City Centre Apartment – 7% Rental Yields | Turnkey Investment Opportunity £150,000 2 Flat 0.29 mi
Tuscany House, 19 Dickenson Street, Manchester £219,500 2 Flat 0.38 mi
Phoenix, 72 Chapeltown Street, Manchester £290,000 2 Flat 0.39 mi
Chatsworth House, Lever Street £165,000 2 Flat 0.4 mi
Great Bridgewater Street, Manchester £230,000 2 Flat 0.46 mi
Newton Street, Manchester £250,000 2 Flat 0.46 mi
Conran Buildings, Manchester, M4 £325,000 2 Flat 0.53 mi
Viadux, Manchester City Centre £1,700,000 2 Flat 0.59 mi
Flat 2, 1 Every Street, Manchester, M4 7LT, Manchester £140,000 2 Flat 0.6 mi
Apartment 407, 6 Oldham Road, Manchester, Greater Manchester, M4 £55,000 2 Flat 0.61 mi
Isaac Way, Manchester, Greater Manchester £185,000 2 Flat 0.64 mi
Great Bridgewater Street, Manchester, M1 £1,700,000 2 Flat 0.67 mi
The Penthouse, Viadux, Deansgate, Manchester, M1 5LG £1,700,000 2 Flat 0.67 mi
Great Bridgewater Street, Manchester, M1 £2,550,000 2 Flat 0.68 mi
Milliners Wharf, New Islington / Ancoats, Manchester £285,000 2 Flat 0.69 mi
St Marys Parsonage, Manchester, Greater Manchester, M3 £325,000 2 Flat 0.78 mi
Deansgate Square, 9 Owen Street, Manchester, Greater Manchester, M15 £425,000 2 Flat 0.78 mi
Deansgate Square, 9 Owen Street, Manchester, M15 £600,000 2 Flat 0.8 mi
South Tower, M15 £430,000 2 Flat 0.81 mi
East Tower, Owen Street, M15 £440,000 2 Flat 0.81 mi
The Linx, 10 Naples Street, NOMA District £230,000 2 Flat 0.82 mi
The Edge, Clowes Street, Block B £250,000 2 Flat 0.83 mi
Meadowside, Aspin Lane, Manchester, Greater Manchester, M4 £380,000 2 Flat 0.88 mi
Stanley St, Manchester £362,000 2 Flat 0.93 mi
Three60, M15 £349,950 2 Flat 0.93 mi
Leftbank, Manchester, Greater Manchester, M3 £250,000 2 Flat 0.93 mi
Leftbank, 12 Spinningfields, Manchester £200,000 2 Flat 0.94 mi
Bankside, M3 £430,000 2 Flat 0.94 mi
Blade Tower, Silvercroft Street £360,000 2 Flat 0.95 mi
Chester Road, Manchester, Greater Manchester, M15 £360,328 2 Flat 0.97 mi
Elizabeth Tower, Crown Street, M15 £350,000 2 Flat 0.97 mi
Mirabel Street, Manchester, M3 £170,000 2 Flat 0.99 mi

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -0.7%
10y growth 26.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of April 2026.

1y (index) -1.4%
5y (index) 8.8%
10y (index) 57%

Rental Range

Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,222/mo
Realistic £1,358/mo
Optimistic £1,494/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for West Pennine: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Back Piccadilly, M1 £1,295/mo 2 0.37 miles OpenRent
Store Street, Manchester, Greater Manchester, M1 £1,650/mo 2 0.42 miles Rightmove

Average rent: £1,473/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.61%
Max investor price (0.8%) £184,125
Target investor price (1%) £147,300
Gross yield 7.4%
Cost-to-rent ratio 13.6×
Monthly cashflow £356/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 6.1%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Street-level crime

Category Count
Violence and sexual offences 3
Drugs 1
Total incidents 4

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
The Manchester Metropolitan University Other 0.5 miles (No rating)
Co-Op Academy Medlock Primary 0.5 miles Requires improvement — 23 Jan 2022
Sol Christian Academy Other 0.5 miles Good — 12 Jun 2024
Royal Northern College of Music Other 0.6 miles (No rating)
Co-Op Academy New Islington Primary 0.6 miles Outstanding — 10 Jul 2015

FENSA

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