# 1 bedroom flat for sale (M1 2FU) ## Property Details | Key | Value | |-----|-------| | Address | Oxygen Tower, Manchester, M1, M1 2FU | | Price | £218,500 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | B | ## Description **Luxury City Living at Oxygen Tower – 1 Bedroom, 1 Bathroom Apartment** Step into modern sophistication with this stunning two-bedroom, two-bathroom apartment in the highly sought-after **Oxygen Tower**. Designed for both comfort and style, the bright open-plan living space features floor-to-ceiling windows, a sleek **Siemens-equipped kitchen**, and a **spacious island** that’s perfect for entertaining guests or enjoying casual dining. Both **double bedrooms** are generously proportioned, complete with **built-in wardrobes** and **luxurious en-suite bathrooms**, offering the perfect blend of privacy and practicality. Residents of Oxygen Tower enjoy **unrivalled on-site amenities**, including a **25-metre swimming pool and spa**, a **fully equipped gym and spin studio**, a **private cinema room**, an **exclusive residents’ lounge**, and a **24-hour concierge service** providing convenience and peace of mind. Perfectly positioned just moments from **Piccadilly Station**, and within walking distance of **Ancoats** and the **Northern Quarter’s** trendy restaurants, bars, and cafés, this apartment combines the very best of city living with five-star luxury. Whether you’re a professional seeking a central base or an investor looking for a high-demand property in one of Manchester’s most desirable developments — this apartment ticks every box. Leasehold: 250 years from 2021 Ground Rent: £275 per annum Service Charge: Approx. £2,346 per annum Tenant in situ Photos are used for marketing purposes only. Furniture may differ and hence viewings are strongly recommended. EPC Rating: B ## Property Photos - ![Photo](/listings/photos/89746884/2449814) - ![Photo](/listings/photos/89746884/2449815) - ![Photo](/listings/photos/89746884/2449816) - ![Photo](/listings/photos/89746884/2449817) - ![Photo](/listings/photos/89746884/2449818) - ![Photo](/listings/photos/89746884/2449820) - ![Photo](/listings/photos/89746884/2449827) - ![Photo](/listings/photos/89746884/2449833) - ![Photo](/listings/photos/89746884/2449840) - ![Photo](/listings/photos/89746884/2449842) - ![Photo](/listings/photos/89746884/2449846) - ![Photo](/listings/photos/89746884/2449850) - ![Photo](/listings/photos/89746884/2449853) - ![Photo](/listings/photos/89746884/2449854) - ![Photo](/listings/photos/89746884/2449855) - ![Photo](/listings/photos/89746884/2449857) - ![Photo](/listings/photos/89746884/2449858) - ![Photo](/listings/photos/89746884/2449859) - ![Photo](/listings/photos/89746884/2449860) ## EPC Graphs - ![EPC 1](/listings/photos/89746884/2449861) - EPC 1 ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | CRUSADER MILL, 70 FLAT 321 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX | £335,000 | 19/12/2025 | Flat | | OXYGEN TOWER, 50 FLAT A606 STORE STREET, MANCHESTER, GREATER MANCHESTER, M1 2FS | £195,000 | 16/12/2025 | Flat | | OXYGEN TOWER, 50 FLAT A1007 STORE STREET, MANCHESTER, GREATER MANCHESTER, M1 2FS | £280,000 | 06/11/2025 | Flat | | 72 FLAT 503 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £285,000 | 24/10/2025 | Flat | | 72 FLAT 206 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £255,000 | 25/07/2025 | Flat | | OXYGEN TOWER, 50 FLAT A3203 STORE STREET, MANCHESTER, GREATER MANCHESTER, M1 2FU | £417,500 | 14/03/2025 | Flat | | 1 FLAT 305 LOCKGATE MEWS, MANCHESTER, GREATER MANCHESTER, M4 6GE | £210,000 | 27/02/2025 | Flat | | 1 FLAT 305 LOCKGATE MEWS, MANCHESTER, GREATER MANCHESTER, M4 6GE | £210,000 | 27/02/2025 | Flat | | S, 1 FLAT 6 LOCKGATE MEWS, MANCHESTER, GREATER MANCHESTER, M4 6GE | £197,500 | 19/12/2023 | Flat | | OXYGEN TOWER, 50 FLAT A904 STORE STREET, MANCHESTER, GREATER MANCHESTER, M1 2FS | £242,500 | 05/12/2023 | Flat | | 72 FLAT 203 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £285,000 | 23/11/2023 | Flat | | CRUSADER MILL, 70 FLAT 505 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX | £400,000 | 09/10/2023 | Flat | | 153 APARTMENT 164 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 6DN | £155,000 | 08/09/2023 | Flat | | 151 APARTMENT 50 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 6DH | £220,000 | 07/09/2023 | Flat | | QUANTUM, 4 APARTMENT 65 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2BH | £290,000 | 25/08/2023 | Flat | | 1 FLAT 801 LOCKGATE MEWS, MANCHESTER, GREATER MANCHESTER, M4 6GE | £316,000 | 11/08/2023 | Flat | | 16 SPINDLE MEWS, MANCHESTER, GREATER MANCHESTER, M4 6DB | £500,000 | 19/07/2023 | Flat | | 72 FLAT 708 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £300,000 | 04/07/2023 | Flat | | OXYGEN TOWER, 50 FLAT A803 STORE STREET, MANCHESTER, GREATER MANCHESTER, M1 2FS | £220,000 | 05/06/2023 | Flat | | 1 FLAT 802 LOCKGATE MEWS, MANCHESTER, GREATER MANCHESTER, M4 6GE | £335,000 | 31/05/2023 | Flat | **Area average:** £282,425 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £267,488 (63 Flat, M1, 2024–2026) - **Deviation:** -18.3% ## Rental Range *ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,236/mo - **Realistic:** £1,373/mo - **Optimistic:** £1,510/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £399/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 | |------|------|------|------|------| | 1 Bed Flat, Oxygen Tower, M1 | £1,300/mo | 1 | 0 miles | OpenRent | | 1 Bed Flat, Lomax Building, M1 | £3,000/mo | 1 | 0.1 miles | OpenRent | | 1 Bed Flat, Lomax Building, M1 | £3,200/mo | 1 | 0.1 miles | OpenRent | | 1 Bed Flat, Heyrod St, M1 | £1,400/mo | 1 | 0.17 miles | OpenRent | | 1 Bed Flat, Royal Mills, M4 | £1,500/mo | 1 | 0.24 miles | OpenRent | | 1 Bed Flat, Malta Street, M4 | £1,150/mo | 1 | 0.25 miles | OpenRent | | 1 Bed Flat, Advent House, M4 | £1,050/mo | 1 | 0.25 miles | OpenRent | **Average rent: £1,800/mo (7 listings)** ## 1% Rule - **Rent ratio:** 0.64% (weak for cashflow) - **Max investor price (0.8%):** £175,000 - **Target investor price (1%):** £140,000 *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 £1,400/mo).* - **Gross yield:** 7.7% - **Cost-to-rent:** 13× - **Monthly cashflow:** £375/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 7.1% *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:** 6.4% - **10y growth:** 45.4% ## House Price Index (HM Land Registry) *Official index for Manchester; Flats and maisonettes series; as of July 2026.* - **1y growth (index):** -0.9% - **5y growth (index):** 12.1% - **10y growth (index):** 56.7% ## 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)