# 2 bedroom apartment for rent (M1 2FW)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT B604, OXYGEN TOWER, 50, STORE STREET, MANCHESTER, GREATER MANCHESTER M1 2FW |
| Price | £1,600 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | D |
| Last sold | £328,302 Jan 2022 |

## Description

WOW WOW WOW

Immediate Move In

Make It Yours

**Apply Now** - This expectational 2 bed property has come to the market through Flambard Williams. 

This New luxurious apartment has a outstanding finish to it. The apartment comes with floor to ceiling windows which powers the apartment with natural light. With all Brand new furniture its READY TO MOVE IN. 

Large Windows for that natural light.

Manchester main train lines

Piccadilly Station: 0.4 Miles 

University Of Manchester: 0.6 Miles

Manchester Arndale Shopping: 0.7 miles 

Communal Working Space with Free WIFI 

Coffee Bar

This Property is a MUST SEE!!

Can accomdate up to 4 adults. (2 couples)

Furnished 

Swimming Pool 

Gym 

Concierge 

Secure Parcel Room 

Lovely Building 

Perfect Location

£1,600

5 weeks holding deposit 

Open to students 

Spacious 

Enquire now 

Sorry

- No Pets 

- No Sublets 

- No Parking 

Thank you 

If you are interested contact via WA

## Property Photos

- ![Photo](/listings/photos/89532447/1607406)
- ![Photo](/listings/photos/89532447/1607407)
- ![Photo](/listings/photos/89532447/1607408)
- ![Photo](/listings/photos/89532447/1607413)
- ![Photo](/listings/photos/89532447/1607418)
- ![Photo](/listings/photos/89532447/1607425)
- ![Photo](/listings/photos/89532447/1607430)
- ![Photo](/listings/photos/89532447/1607432)
- ![Photo](/listings/photos/89532447/1607436)
- ![Photo](/listings/photos/89532447/1607438)
- ![PXL_20240715_150627217](/listings/photos/89532447/1607440) - PXL_20240715_150627217

## Rental Range

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

- **Low:** £1,222/mo
- **Realistic:** £1,358/mo
- **Optimistic:** £1,494/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £449/mo

## 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, Victoria House, M4 | £1,800/mo | 2 | 0.11 miles | OpenRent |

**Average rent: £1,800/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,800/mo).*

- **Gross yield:** 1350%
- **Monthly cashflow:** £1,589/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 4108.7%

*Gross yield = annual rent as % of price (no costs). 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:** Job (default Low)

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