# 2 bedroom flat for sale (M16 8HA) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 8, SPRINGBRIDGE COURT, 109, SPRINGBRIDGE ROAD, MANCHESTER, GREATER MANCHESTER M16 8HA | | Price | £189,950 | | Bedrooms | 2 | | Bathrooms | 1 | | Last sold | £160,000 Jun 2022 | ## Description ***NO CHAIN*** A superbly presented TWO DOUBLE BEDROOM TOP (SECOND) FLOOR FLAT located within a well regarded purpose built GATED DEVELOPMENT in the leafy suburb of Whalley Range. This splendid property benefits from SECURE, ALLOCATED OFF ROAD PARKING as well as use of well maintained communal gardens and is offered for sale in MOVE-IN READY condition having been tastefully updated and stylishly decorated throughout by the current owner. Located only a short stroll Chorlton Village, this delightful property is well placed for all local amenities and transport links including the Metro plus multiple schools and parks are all within easy reach. The accommodation briefly comprises: communal entrance hallway with stairs to second floor landing, entrance hallway with fitted storage cupboard, 22ft OPEN PLAN LIVING/DINING/KITCHEN with Juliette balcony, two good sized double bedrooms and shower room recently refitted with a modern three piece suite. Both double glazing and gas central heating have been installed throughout. Externally, to the front of the property are well maintained lawned communal gardens with mature hedgerow borders offering privacy from the road whilst to the rear is a large gated residents car park and further communal gardens. An internal viewing is most highly recommended. **Agents Note.** - To be able to sell or purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details. ## Property Photos - ![Photo](/listings/photos/90657405/1224374) - ![Photo](/listings/photos/90657405/1224375) - ![Photo](/listings/photos/90657405/1224376) - ![Photo](/listings/photos/90657405/1224377) - ![Photo](/listings/photos/90657405/1224378) - ![Photo](/listings/photos/90657405/1224379) - ![Photo](/listings/photos/90657405/1224380) - ![Photo](/listings/photos/90657405/1224381) - ![Photo](/listings/photos/90657405/1224382) - ![Photo](/listings/photos/90657405/1224383) - ![Photo](/listings/photos/90657405/1224384) - ![Photo](/listings/photos/90657405/1224385) - ![Photo](/listings/photos/90657405/1224386) - ![Photo](/listings/photos/90657405/1224387) - ![Photo](/listings/photos/90657405/1224388) - ![Photo](/listings/photos/90657405/1224389) - ![Photo](/listings/photos/90657405/1224390) - ![Photo](/listings/photos/90657405/1224391) - ![Photo](/listings/photos/90657405/1224392) - ![Photo](/listings/photos/90657405/1224393) - ![Photo](/listings/photos/90657405/1224394) - ![Photo](/listings/photos/90657405/1224395) - ![Photo](/listings/photos/90657405/1224396) - ![Photo](/listings/photos/90657405/1224397) - ![Photo](/listings/photos/90657405/1224398) - ![Photo](/listings/photos/90657405/1224399) - ![Photo](/listings/photos/90657405/1224400) ## Floorplans - ![Floorplan 1](/listings/photos/90657405/1224401) - Floorplan 1 ## EPC Graphs - ![EE Rating](/listings/photos/90657405/1224402) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | SPRINGBRIDGE COURT, 109 FLAT 8 SPRINGBRIDGE ROAD, MANCHESTER, GREATER MANCHESTER, M16 8HA | £160,000 | 29/06/2022 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 2 - 4 FLAT 3 ATHOL ROAD, MANCHESTER, GREATER MANCHESTER, M16 8QN | £155,000 | 20/07/2023 | Flat | | 5 FLAT 1 ATHOL ROAD, MANCHESTER, GREATER MANCHESTER, M16 8QW | £155,000 | 23/06/2023 | Flat | | ARUNDALE COURT, 282 FLAT 12 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M16 8WP | £210,000 | 21/11/2022 | Flat | | 54 FLAT 1 ATHOL ROAD, MANCHESTER, GREATER MANCHESTER, M16 8QN | £202,000 | 17/11/2022 | Flat | | 11 FLAT 2 ATHOL ROAD, MANCHESTER, GREATER MANCHESTER, M16 8QW | £94,000 | 21/10/2022 | Flat | | 8 FLAT 2 WOODLANDS ROAD, WHALLEY RANGE, MANCHESTER, GREATER MANCHESTER, M16 8WR | £146,000 | 07/10/2022 | Flat | | 8 FLAT 6 WOODLANDS ROAD, WHALLEY RANGE, MANCHESTER, GREATER MANCHESTER, M16 8WR | £150,000 | 21/09/2022 | Flat | | 9 FLAT 5 ATHOL ROAD, MANCHESTER, GREATER MANCHESTER, M16 8QW | £145,000 | 30/06/2022 | Flat | | GROSVENOR HOUSE, 280 FLAT 1 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M16 8WP | £223,000 | 12/04/2022 | Flat | | 8 FLAT 4 WOODLANDS ROAD, WHALLEY RANGE, MANCHESTER, GREATER MANCHESTER, M16 8WR | £143,000 | 31/03/2022 | Flat | | 2 - 4 FLAT 1 ATHOL ROAD, MANCHESTER, GREATER MANCHESTER, M16 8QN | £104,500 | 24/02/2022 | Flat | | ARUNDALE COURT, 282 FLAT 8 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M16 8WP | £160,000 | 28/01/2022 | Flat | | ARNOLD COURT, 278 FLAT 8 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M16 8WP | £150,000 | 21/12/2021 | Flat | | 11 FLAT 3 ATHOL ROAD, MANCHESTER, GREATER MANCHESTER, M16 8QW | £165,000 | 29/10/2021 | Flat | | 11 FLAT 5 ATHOL ROAD, MANCHESTER, GREATER MANCHESTER, M16 8QW | £175,000 | 27/09/2021 | Flat | | ARUNDALE COURT, 282 FLAT 10 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M16 8WP | £170,000 | 23/07/2021 | Flat | **Area average:** £159,219 (16 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £188,951 (42 Flat, M16, 2024–2026) - **Deviation:** +0.5% ## Rental Range *ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,217/mo - **Realistic:** £1,352/mo - **Optimistic:** £1,487/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for East Lancs (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £474/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 Terraced House, Thornton Road, M14 | £1,100/mo | 2 | 0.8 miles | OpenRent | **Average rent: £1,100/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.58% (weak for cashflow) - **Max investor price (0.8%):** £137,500 - **Target investor price (1%):** £110,000 *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 £1,100/mo).* - **Gross yield:** 6.9% - **Cost-to-rent:** 14.4× - **Monthly cashflow:** £217/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 4.7% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -3.8% - **10y growth:** 39.2% ## House Price Index (HM Land Registry) *Official index for Manchester; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -1.4% - **5y growth (index):** 8.8% - **10y growth (index):** 57% ## 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)