# 2 bedroom flat for sale (M1 5DB)

## Property Details

| Key | Value |
|-----|-------|
| Address | The Hacienda, 11-15 Whitworth Street West, Manchester, Greater Manchester, M1 5DB |
| Price | £220,000 |
| Bedrooms | 2 |
| Last sold | £215,000 |

## Description

The spirit of Manchester's most infamous 80's social venue lives on. The Hacienda saw the creation of "The Manchester scene" and was frequented by all walks of people as a night-club, now as the epicentre of stylish luxurious, classy City living, it takes its place alongside the Cities most prestigious homes. This first floor apartment has a waterside aspect with views over the Ashton Canal. Comprising of a hallway with a handy storage cupboard, a fantastic living area with a fitted kitchen, two double size bedrooms with an en-suite shower room to the master bedroom and a three piece fitted bathroom. Externally enjoying a balcony and a concierge service. Complete with secure under cover car parking.

The Hacienda

Secure car space

Two bedrooms

En-suite to master

## Property Photos

- ![Front](/listings/photos/36650328/1646041) - Front
- ![Canal side](/listings/photos/36650328/1646044) - Canal side
- ![Rear aspect](/listings/photos/36650328/1646045) - Rear aspect
- ![EPC](/listings/photos/36650328/1646046) - EPC

## Floorplans

- ![CWQuickSketch.jpg](/listings/photos/36650328/1646047) - CWQuickSketch.jpg

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 35A FLAT 2 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5ND | £250,000 | 18/12/2025 | Flat |
| THE ROPEWORKS, 35 APARTMENT 37 LITTLE PETER STREET, MANCHESTER, GREATER MANCHESTER, M15 4QJ | £160,000 | 12/12/2025 | Flat |
| THE HACIENDA, 11 - 15 902 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DD | £300,000 | 15/08/2025 | Flat |
| THE HACIENDA, 11 - 15 101 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DB | £250,000 | 31/07/2025 | Flat |
| THE ROPE WORKS, 33 APARTMENT 8 LITTLE PETER STREET, MANCHESTER, GREATER MANCHESTER, M15 4QH | £240,000 | 09/05/2025 | Flat |
| 1 APARTMENT 18 JORDAN STREET, MANCHESTER, GREATER MANCHESTER, M15 4QU | £250,000 | 05/12/2024 | Flat |
| THE HACIENDA, 11 - 15 218 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DB | £167,000 | 08/08/2024 | Flat |
| THE ROPEWORKS, 33 APARTMENT 40 LITTLE PETER STREET, MANCHESTER, GREATER MANCHESTER, M15 4QH | £180,000 | 08/11/2023 | Flat |
| THE HACIENDA, 11 - 15 G12 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DE | £160,000 | 08/09/2023 | Flat |
| 1 APARTMENT 75 JORDAN STREET, MANCHESTER, GREATER MANCHESTER, M15 4QU | £210,000 | 25/08/2023 | Flat |
| THE HACIENDA, 11 - 15 G07 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DE | £175,000 | 28/07/2023 | Flat |
| THE HACIENDA, 11 - 15 1101 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DD | £645,000 | 19/06/2023 | Flat |
| THE HACIENDA, 11 - 15 609 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DE | £180,000 | 02/06/2023 | Flat |
| THE ROPEWORKS, 35 APARTMENT 14 LITTLE PETER STREET, MANCHESTER, GREATER MANCHESTER, M15 4QJ | £138,000 | 24/02/2023 | Flat |
| AXIS TOWER, 9 FLAT 150 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5JD | £267,000 | 20/12/2022 | Flat |
| CHEPSTOW HOUSE, 16 - 20 FLAT 30 CHEPSTOW STREET, MANCHESTER, GREATER MANCHESTER, M1 5JF | £345,250 | 21/10/2022 | Flat |
| THE HACIENDA, 11 - 15 G10 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DE | £144,000 | 11/10/2022 | Flat |
| THE HACIENDA, 11 - 15 121 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DB | £185,000 | 16/09/2022 | Flat |
| CHEPSTOW HOUSE, 16 - 20 FLAT 3 CHEPSTOW STREET, MANCHESTER, GREATER MANCHESTER, M1 5JF | £280,000 | 09/09/2022 | Flat |
| 27 FLAT 8 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5ND | £166,200 | 26/08/2022 | Flat |

**Area average:** £234,623 (20 sales)

## Price vs local average

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

- **Local average:** £269,361 (60 Flat, M1, 2024–2026)
- **Deviation:** -18.3%

## Rental Range

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

- **Low:** £1,222/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, Great Bridgewater Street, M1 | £1,560/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Flat, Great Bridgewater Street, M1 | £2,200/mo | 2 | 0.14 miles | OpenRent |
| 2 Bed Flat, The Lock Building, M1 | £1,350/mo | 2 | 0.16 miles | OpenRent |
| 2 Bed Flat, Cambridge Street, M1 | £3,060/mo | 2 | 0.16 miles | OpenRent |
| 2 Bed Flat, The Assembly, M1 | £1,825/mo | 2 | 0.16 miles | OpenRent |
| 2 Bed Flat, Watson Street, M3 | £1,395/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, Tuscany House, M1 | £780/mo | 2 | 0.33 miles | OpenRent |

**Average rent: £1,739/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 0.71% (weak for cashflow)
- **Max investor price (0.8%):** £195,000
- **Target investor price (1%):** £156,000

*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 £1,560/mo).*

- **Gross yield:** 8.5%
- **Cost-to-rent:** 11.8×
- **Monthly cashflow:** £513/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 9.6%

*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:** -0.1%
- **10y growth:** 27.2%

## 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)