# PREMIER INN OLD PARK LANE, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M17 8PG

## Property details

- Slug: `de0eaff` (address key hash: `de0eaff68d2b5669c80952bd1564284c2c9cbe3e`)
- Postcode: M17 8PG
- Transactions on record: 3

- Tenure: Freehold
- Property type: Other
- Last sold: £1,000 Jan 2026
- Local average: £2,861,561 (6 sales)

## Latest sale

- Price: £1,000
- Date: 2026-01-20
- Type: O
- Tenure: F

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-20 | £1,000 | Other | -99% | £992 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c32-ddc1-591c-e063-4704a8c00c31) |
| Sold | 2026-01-20 | £100,000 | Other | -99.5% | £99,153 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c32-cf12-591c-e063-4704a8c00c31) |
| Sold | 2014-08-29 | £19,200,000 | Other | — | £34,678,559 (to March 2026) | [View](http://87.117.209.195:8080/house-prices/21e5feb7-1e04-2439-e050-a8c06205342e) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| PREMIER INN OLD PARK LANE, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M17 8PG | £1,000 | 20/01/2026 | Other |
| PREMIER INN OLD PARK LANE, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M17 8PG | £100,000 | 20/01/2026 | Other |
| PREMIER INN OLD PARK LANE, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M17 8PG | £19,200,000 | 29/08/2014 | Other |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| UNIT 10 NEARY WAY, URMSTON, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M41 7FP | £37,250,000 | 30/06/2023 | Other |
| GOLF DRIVING RANGE OLD PARK LANE, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M17 8PG | £6,000,000 | 26/09/2022 | Other |
| 11 TRAFFORD WAY, URMSTON, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M41 7JA | £412,776 | 16/11/2021 | Other |
| UNIT 10 NEARY WAY, URMSTON, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M41 7FP | £32,844,302 | 10/09/2021 | Other |

**Area average:** £19,126,770 (4 sales)

## Capital growth trend

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

- **10y growth:** 237.5%

## House Price Index (HM Land Registry)

*Official index for Trafford; All dwelling types series; as of March 2026.*

- **1y growth (index):** 0.1%
- **5y growth (index):** 17.3%
- **10y growth (index):** 59.5%

## Rental Range

*ONS Price Index of Private Rents (Trafford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,223/mo
- **Realistic:** £1,359/mo
- **Optimistic:** £1,495/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Bradford & South Dales (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Thorp Street, M30 | £1,000/mo | 2 | 0.84 miles | OpenRent |
| 3 Bed Semi-Detached House, Harecastle Avenue, M30 | £1,275/mo | 3 | 0.93 miles | OpenRent |

**Average rent: £1,138/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 113.8% (strong)
- **Max investor price (0.8%):** £142,250
- **Target investor price (1%):** £113,800

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,138/mo).*

- **Gross yield:** 1365.6%
- **Cost-to-rent:** 0.1×
- **Monthly cashflow:** £995/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4118.3%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − 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
- **Source:** Not in Flood Risk Area (no data)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

- **Total incidents:** 0

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

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Our Lady of the Rosary RC Primary School | Primary | 0.6 miles | Good — 9 Dec 2021 |
| St Mary's CofE Primary School | Primary | 0.8 miles | Good — 18 May 2016 |
| Godfrey Ermen Memorial CofE Primary School | Primary | 0.8 miles | Requires improvement — 6 Mar 2024 |
| Woodhouse Primary School | Primary | 0.8 miles | Good — 21 Jun 2023 |
| Egerton High School | Other | 0.8 miles | Good — 7 Apr 2016 |