# 2 bedroom apartment for sale (M3 2DD) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 12, CENTURY BUILDINGS, 14, ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER M3 2DD | | Price | £325,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | F | | Last sold | £215,000 Jan 2017 | ## Description **NO ONWARD CHAIN** - **VIDEO TOUR** - Set within the prestigious and highly sought after Century Buildings, a beautifully converted Grade II listed Victorian landmark in the heart of Manchester City Centre, this exceptional TWO BEDROOM apartment offers an outstanding blend of heritage charm, contemporary luxury, and unrivalled convenience. Overlooking the tranquil greenery of Parsonage Gardens and positioned alongside the River Irwell, this impressive apartment offers a sophisticated city residence that is certain to impress from the moment you step inside. Occupying a prime corner position with accommodation extending to approximately 75.8 Sqm (816 Sqft), it commands idyllic views across Parsonage Gardens, while its coveted southerly aspect ensures an abundance of natural light and sunshine throughout the day, enhancing the bright and airy feel of the accommodation. The hub of this apartment is the spacious open plan living/dining/kitchen area with floor to ceiling windows flowing seamlessly onto a balcony overlooking St Mary's Parsonage Gardens, a beautifully maintained oasis of tranquillity in the heart of the city. The sleek, modern kitchen is fitted with a range of integrated appliances, perfectly combining style and functionality. There are two generously proportioned double bedrooms, both benefiting from bespoke fitted wardrobes, while a luxurious tiled bathroom features a shower over bath, complemented by a separate WC for added convenience. This property further benefits from valet parking and a dedicated 24 hour concierge service, ensuring a seamless and effortless lifestyle for residents. Century Buildings is widely regarded as one of Manchester's most prestigious residential developments, renowned for its striking Victorian architecture, exceptional communal spaces and an array of beautifully preserved period features. Seamlessly blending historic character with contemporary living, the development continues to appeal to those who appreciate both heritage and modern design. Originally designed in 1900, completed in 1909 and sympathetically converted into luxury apartments in 2000, the building retains many of its original architectural details, including the distinctive Art Deco lift cages and decorative mosaic tiling that adorn the elegant communal hallways. At its heart are two impressive central atriums, connected by striking glass and steel walkways that provide access to the apartments, creating a unique sense of space, light and architectural grandeur. Ideally located within moments of Manchester's most vibrant destinations, including Spinningfields, Deansgate, and the Northern Quarter, residents enjoy immediate access to an exceptional selection of fine dining, boutique shopping, cultural attractions, and excellent transport connections. Combining timeless architectural elegance, premium resident amenities, and an enviable city centre location, this remarkable apartment presents a rare opportunity to experience luxury Manchester living at its finest. Contact VitalSpace Estate Agents for further information to to arrange an internal inspection. ## Property Photos - ![Photo](/listings/photos/89796969/1542282) - ![Photo](/listings/photos/89796969/1542283) - ![Photo](/listings/photos/89796969/1542284) - ![Photo](/listings/photos/89796969/1542285) - ![Photo](/listings/photos/89796969/1542286) - ![Photo](/listings/photos/89796969/1542287) - ![Photo](/listings/photos/89796969/1542288) - ![Photo](/listings/photos/89796969/1542289) - ![Photo](/listings/photos/89796969/1542290) - ![Photo](/listings/photos/89796969/1542291) - ![Photo](/listings/photos/89796969/1542292) - ![Photo](/listings/photos/89796969/1542293) - ![Photo](/listings/photos/89796969/1542294) - ![Photo](/listings/photos/89796969/1542295) - ![Photo](/listings/photos/89796969/1542296) - ![Photo](/listings/photos/89796969/1542297) - ![Photo](/listings/photos/89796969/1542298) - ![Photo](/listings/photos/89796969/1542299) - ![Photo](/listings/photos/89796969/1542300) - ![Photo](/listings/photos/89796969/1542301) - ![Photo](/listings/photos/89796969/1542302) - ![Photo](/listings/photos/89796969/1542303) - ![Photo](/listings/photos/89796969/1542304) - ![Photo](/listings/photos/89796969/1542305) - ![Photo](/listings/photos/89796969/1542306) - ![Photo](/listings/photos/89796969/1542307) - ![Photo](/listings/photos/89796969/1542308) ## Floorplans - ![Floorplan 1](/listings/photos/89796969/1542309) - Floorplan 1 ## EPC Graphs - ![EPC 1](/listings/photos/89796969/1542310) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | CENTURY BUILDINGS, 14 FLAT 12 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DD | £215,000 | 13/01/2017 | Flat | | CENTURY BUILDINGS, 14 FLAT 12 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DD | £173,000 | 29/10/2010 | Flat | | CENTURY BUILDINGS, 14 FLAT 12 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DD | £142,500 | 23/11/2000 | 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 | |---------|-------|------|------| | CENTURY BUILDINGS, 14 FLAT 119 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £515,500 | 05/01/2026 | Flat | | CENTURY BUILDINGS, 14 FLAT 83 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £120,000 | 05/11/2025 | Flat | | CENTURY BUILDINGS, 14 FLAT 78 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £285,000 | 07/10/2025 | Flat | | CENTURY BUILDINGS, 14 FLAT 82 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £135,000 | 17/07/2025 | Flat | | CENTURY BUILDINGS, 14 FLAT 80 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £165,000 | 25/10/2024 | Flat | | [Same street] CENTURY BUILDINGS, 14 FLAT 1 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DD | £305,000 | 18/11/2022 | Flat | | CENTURY BUILDINGS, 14 FLAT 90 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £305,000 | 14/10/2022 | Flat | | CENTURY BUILDINGS, 14 FLAT 91 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £300,000 | 10/06/2022 | Flat | | CENTURY BUILDINGS, 14 FLAT 99 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £534,000 | 29/04/2022 | Flat | | CENTURY BUILDINGS, 14 FLAT 107 ST MARYS PARSONAGE, MANCHESTER, GREATER MANCHESTER, M3 2DE | £500,000 | 24/09/2021 | Flat | **Street average:** £305,000 (1 sale) **Area average:** £317,722 (9 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £283,855 (355 Flat, M3, 2024–2026) - **Deviation:** +14.5% ## 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 Central Greater Manchester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £873/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, Sorting Office Building, M3 | £1,350/mo | 2 | 0.35 miles | OpenRent | | 2 Bed Flat, Watson Street, M3 | £1,395/mo | 2 | 0.38 miles | OpenRent | | 2 Bed Flat, Beaumont Building, M3 | £2,800/mo | 2 | 0.39 miles | OpenRent | | 2 Bed Flat, Block B, M3 | £1,450/mo | 2 | 0.39 miles | OpenRent | **Average rent: £1,749/mo (4 listings)** ## 1% Rule - **Rent ratio:** 0.44% (weak for cashflow) - **Max investor price (0.8%):** £177,875 - **Target investor price (1%):** £142,300 *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 £1,423/mo).* - **Gross yield:** 5.3% - **Cost-to-rent:** 19× - **Monthly cashflow:** £-24/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -0.3% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -13% - **10y growth:** 25% ## 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)