# 2 bedroom flat for sale (M1 2EY)

## Property Details

| Key | Value |
|-----|-------|
| Address | 72 Chapeltown Street, Manchester, Greater Manchester, M1, M1 2EY |
| Price | £300,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | C |
| Last sold | £300,000 |

## Description

AVAILABLE VACANT AND CHAIN FREE.

Welcome to contemporary city living in Piccadilly on 72 Chapeltown Street, Manchester, M1 2EY. Situated on the first floor of the highly sought-after Phoenix development by renowned developers Capital & Centric, this sleek  apartment offers a perfect combination of bold industrial-style design and modern comfort, making it an ideal choice for professionals, first-time buyers, or investors. Open-Plan Living & Dining: At the heart of the apartment is a bright, spacious living space boasting high ceilings and large windows that flood the room with natural light. It effortlessly integrates lounging, dining, and cooking zones.  A sleek, modern kitchen equipped with streamlined cabinetry and integrated appliances tailored for urban life.  • Layout: Two well-proportioned double bedrooms and an open-plan living/dining area. Industrial design characterized by exposed concrete walls, steel beams, high ceilings, and floor-to-ceiling windows. The Kitchen is Fully fitted modern kitchen equipped with integrated appliances.  Bathrooms: Master en-suite shower room plus a stylish three-piece main bathroom suite. Outdoor Space: Access to a private balcony offering fantastic views .  The Courtyard Garden: Full access to a lush, landscaped, green residents' courtyard across the way, fully kitted out with bookable BBQs, social fire pits, and outdoor Wi-Fi.

EPC C

Leasehold with 244 years remaining.

Service Charge £3105.75 PA

Management Company Zenith

PLEASE NOTE: An AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks.  Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

## Property Photos

- ![pbox-IMG.jpg](/listings/photos/94369761/2570541) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570542) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570543) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570544) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570545) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570546) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570547) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570548) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570549) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570550) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570551) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570552) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570553) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570554) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570555) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570556) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570557) - pbox-IMG.jpg
- ![pbox-IMG.jpg](/listings/photos/94369761/2570558) - pbox-IMG.jpg

## Floorplans

- ![pbox-FP.jpg](/listings/photos/94369761/2570559) - pbox-FP.jpg

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 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 |
| 72 FLAT 203 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £285,000 | 23/11/2023 | Flat |
| 72 FLAT 708 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £300,000 | 04/07/2023 | Flat |
| 72 FLAT 308 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £310,000 | 15/12/2022 | Flat |
| 72 FLAT 201 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £290,000 | 10/11/2022 | Flat |
| 72 FLAT 101 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £290,000 | 10/10/2022 | Flat |
| 72 FLAT 508 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £315,000 | 10/10/2022 | Flat |
| 72 FLAT 301 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £295,000 | 07/10/2022 | Flat |
| 72 FLAT 406 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £295,000 | 06/10/2022 | Flat |
| 72 FLAT 102 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £189,950 | 30/09/2022 | Flat |
| 72 FLAT 205 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £310,000 | 16/09/2022 | Flat |
| 72 FLAT 305 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £295,000 | 12/09/2022 | Flat |
| 72 FLAT 303 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £300,000 | 12/09/2022 | Flat |
| 72 FLAT 903 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £350,000 | 12/08/2022 | Flat |
| 72 FLAT 105 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £300,000 | 28/07/2022 | Flat |
| 72 FLAT 606 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £300,000 | 05/07/2022 | Flat |
| 72 FLAT 3 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £265,000 | 30/06/2022 | Flat |
| 72 FLAT 306 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £295,000 | 24/06/2022 | Flat |
| 72 FLAT 501 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £300,000 | 10/06/2022 | 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 |
|---------|-------|------|------|
| 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 |
| 37 APARTMENT 21 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2AT | £262,500 | 15/12/2025 | Flat |
| OXYGEN TOWER, 50 FLAT A1007 STORE STREET, MANCHESTER, GREATER MANCHESTER, M1 2FS | £280,000 | 06/11/2025 | Flat |
| OXYGEN TOWER, 50 FLAT A3203 STORE STREET, MANCHESTER, GREATER MANCHESTER, M1 2FU | £417,500 | 14/03/2025 | Flat |
| OXYGEN TOWER, 50 FLAT A904 STORE STREET, MANCHESTER, GREATER MANCHESTER, M1 2FS | £242,500 | 05/12/2023 | 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 |
| 37 APARTMENT 5 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2AT | £210,000 | 18/08/2023 | Flat |
| OXYGEN TOWER, 50 FLAT A803 STORE STREET, MANCHESTER, GREATER MANCHESTER, M1 2FS | £220,000 | 05/06/2023 | Flat |
| CRUSADER MILL, 70 FLAT 504 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX | £382,500 | 24/02/2023 | Flat |
| QUANTUM, 2 APARTMENT 12 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2BJ | £220,000 | 16/01/2023 | Flat |
| 153 APARTMENT 99 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 6DN | £213,000 | 16/12/2022 | Flat |
| OXYGEN TOWER, 50 FLAT A705 STORE STREET, MANCHESTER, GREATER MANCHESTER, M1 2FS | £340,000 | 07/12/2022 | Flat |
| 151 APARTMENT 20 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 6DH | £355,000 | 02/12/2022 | Flat |
| 153 APARTMENT 123 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 6DN | £160,000 | 30/11/2022 | Flat |
| 151 APARTMENT 15 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 6DH | £176,000 | 25/11/2022 | Flat |
| CRUSADER MILL, 70 FLAT 513 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX | £410,000 | 25/11/2022 | Flat |

**Area average:** £274,200 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £267,488 (63 Flat, M1, 2024–2026)
- **Deviation:** +12.2%

## 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):** £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, Piccadilly Village, M1 | £1,400/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Flat, Oxygen Tower, M1 | £1,580/mo | 2 | 0.1 miles | OpenRent |
| 2 Bed Semi-Detached House, Millbank Street, M1 | £3,995/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Flat, Oxygen Tower, M1 | £1,650/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Flat, Malta Street, M4 | £1,350/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Flat, Malta Street, M4 | £1,495/mo | 2 | 0.27 miles | OpenRent |
| 2 Bed Flat, Binns Place, M4 | £2,500/mo | 2 | 0.29 miles | OpenRent |
| 2 Bed Flat, Munday Street, M4 | £1,600/mo | 2 | 0.32 miles | OpenRent |
| 2 Bed Flat, Newton Street, M1 | £1,600/mo | 2 | 0.38 miles | OpenRent |
| 2 Bed Flat, Newton St, M1 | £1,500/mo | 2 | 0.4 miles | OpenRent |

**Average rent: £1,867/mo (10 listings)**

## 1% Rule

- **Rent ratio:** 0.53% (weak for cashflow)
- **Max investor price (0.8%):** £198,750
- **Target investor price (1%):** £159,000

*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 £1,590/mo).*

- **Gross yield:** 6.4%
- **Cost-to-rent:** 15.7×
- **Monthly cashflow:** £225/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3.1%

*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)