For sale Flat

Manchester

(M1), M1 3NB

2 beds 2 baths Listed 28 Aug 2026 (-54d)

£400,000

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Property details

Local average

£267,488 (+49.5%)

Deprivation

Decile 4 (11,026 of 33,755)

Street crime

2 incidents within 1 mile (Aug 2026)

Key features

  • 2-Bedroom, 2-Bathroom Apartment
  • 6% Gross Rental Yield
  • 5% Net Rental Yield
  • Reserve from £2,500
  • 15% on Exchange
  • Strong Rental Demand
  • Premium M1 Manchester Location

Additional details

Garden
Yes

Description

Overview

A spacious two-bedroom, two-bathroom apartment located in M1, Manchester, offering contemporary city-centre living and an attractive investment opportunity. With reservations available from just £2,500, a projected 6% gross rental yield, 5% net rental yield and strong local rental demand, this property is ideal for investors seeking a high-quality home with excellent long-term potential.

Key Features:

• 2-Bedroom, 2-Bathroom Apartment
• Reserve from £2,500
• 15% on Exchange
• 6% Gross Rental Yield
• 5% Net Rental Yield
• Strong Rental Demand
• Premium M1 Manchester Location

The Investment

This two-bedroom, two-bathroom apartment presents an excellent investment opportunity, offering a projected 6% gross rental yield and 5% net rental yield.

Investors can reserve from just £2,500, followed by 15% payable on exchange, providing an accessible investment structure with attractive projected rental returns and strong long-term potential.

The Location

Situated in M1, Manchester, the development benefits from a premium and highly sought-after city-centre location, offering excellent access to major employment hubs, Manchester's business district, universities, shopping destinations, restaurants, bars and entertainment venues.

M1 benefits from strong rental demand, particularly from professionals and students seeking convenient city-centre accommodation. Excellent transport connections and Manchester's continued economic growth and regeneration further enhance the area's appeal to both residents and investors.

The Apartments

The development offers contemporary two-bedroom, two-bathroom apartments designed for modern city living. Each home features stylish interiors, spacious layouts and high-quality finishes, creating desirable living spaces for professionals, sharers, families and investors.

The two-bathroom layout provides additional convenience and privacy, making these apartments particularly attractive to sharers and professional tenants.

The Development

Designed with modern lifestyles in mind, the development offers high-quality apartments in a premium M1 location. Residents benefit from a range of premium on-site amenities, including:

• Fully Equipped Gym
• Residents’ Lounge
• Co-Working Spaces
• Concierge Service
• Rooftop Garden

The combination of contemporary design, premium resident facilities, excellent city-centre connectivity and strong rental demand creates a desirable living environment for residents while providing investors with an attractive opportunity in Manchester's growing property market.

Why Invest?

M1 offers strong potential for property investors, supported by Manchester's continued economic growth, regeneration and high demand for quality city-centre rental accommodation.

Investment highlights include:

• 2-Bedroom, 2-Bathroom Apartment
• 6% Gross Rental Yield
• 5% Net Rental Yield
• Reserve from £2,500
• 15% on Exchange
• Strong Rental Demand
• Premium M1 Manchester Location
• Strong Long-Term Investment Potential
• Fully Equipped Gym
• Residents’ Lounge
• Co-Working Spaces
• Concierge Service
• Rooftop Garden

Secure Your Investment

Enquire today to secure your two-bedroom, two-bathroom apartment in M1, Manchester and receive a full investment pack, including pricing, payment terms, floor plans and projected returns.

Listed by

Covering Manchester

TK Property Group Ltd

Reference: 92532438

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~184 m² (0.05 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Price history

Event Date Price % change
Listed for sale — £400,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
CARDING BUILDING, 42 FLAT 406 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AR £230,000 16/12/2025 Flat
CARDING BUILDING, 42 FLAT 304 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AR £360,000 20/12/2024 Flat
CARDING BUILDING, 42 FLAT 903 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AT £380,000 07/11/2024 Flat
LINTER BUILDING, 44 FLAT 603 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AJ £392,160 08/12/2023 Flat
LINTER BUILDING, 44 FLAT 409 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AJ £260,000 21/11/2023 Flat
CARDING BUILDING, 42 FLAT 505 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AR £375,000 13/09/2023 Flat
LINTER BUILDING, 44 FLAT 305 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AJ £358,850 06/09/2023 Flat
LINTER BUILDING, 44 FLAT 206 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AJ £340,000 04/08/2023 Flat
LINTER BUILDING, 44 FLAT 1106 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AW £400,000 11/07/2023 Flat
LINTER BUILDING, 44 FLAT 706 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AW £370,000 31/05/2023 Flat
LINTER BUILDING, 44 FLAT 1009 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AW £380,000 12/05/2023 Flat
REGENCY HOUSE, 36 - 38 FLAT 1 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3NR £223,000 09/05/2023 Flat
LINTER BUILDING, 44 FLAT 611 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AJ £403,000 05/05/2023 Flat
LINTER BUILDING, 44 FLAT 207 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AJ £365,702 17/03/2023 Flat
LINTER BUILDING, 44 FLAT 906 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AW £380,000 15/03/2023 Flat
REGENCY HOUSE, 36 - 38 FLAT 21 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3NR £285,000 09/02/2023 Flat
LINTER BUILDING, 44 FLAT 401 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AJ £405,000 02/02/2023 Flat
LINTER BUILDING, 44 FLAT 1405 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AW £428,025 13/01/2023 Flat
CARDING BUILDING, 42 FLAT 405 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AR £374,000 16/12/2022 Flat
CARDING BUILDING, 42 FLAT 1302 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3AT £420,000 16/12/2022 Flat

Area average: £356,487 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 6.4%
10y growth 45.4%

House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of July 2026.

1y (index) -0.9%
5y (index) 12.1%
10y (index) 56.7%

Rental Range

Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,236/mo
Realistic £1,373/mo
Optimistic £1,510/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for West Pennine: £449/mo (Apr 2025 – Mar 2026)

Location

Address

33 Sackville Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Clone Zone 0.0 miles
Shop Barbers Boutique 0.0 miles
University UCEN Manchester (Shena Simon Campus) 0.1 miles
Bus stop Sackville Street 0.1 miles
Bus stop Manchester Central Coach Station 0.1 miles
University Manchester Metropolitan University 0.2 miles
Train station Manchester Piccadilly 0.3 miles
Train station Manchester Oxford Road 0.3 miles
Hospital The Ailsa Craig Medical Practise 2.0 miles
Hospital Shiv Lodge Medical Centre 2.0 miles

Street-level crime

Category Count
Criminal damage and arson 1
Violence and sexual offences 1
Total incidents 2

Within 1 mile during Aug 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Abbey College Manchester Other 0.4 miles — (No rating)
The Manchester Metropolitan University Other 0.5 miles — (No rating)
Royal Northern College of Music Other 0.6 miles — (No rating)
Co-Op Academy New Islington Primary 0.6 miles Outstanding — 10 Jul 2015
The Cooperative College Other 0.7 miles — (No rating)

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, Charlotte Street, M1 £4,000/mo 2 0.2 miles OpenRent
2 Bed Flat, Charlotte Street, M1 £4,000/mo 2 0.2 miles OpenRent
2 Bed Flat, Manchester, M1 £4,000/mo 2 0.2 miles OpenRent
2 Bed Flat, Charlotte Street, M1 £1,995/mo 2 0.2 miles OpenRent
2 Bed Flat, Dickinson Street, M1 £1,300/mo 2 0.21 miles OpenRent
2 Bed Flat, Dickinson Street, M1 £1,599/mo 2 0.21 miles OpenRent
2 Bed Penthouse, Newton Street, M1 £1,400/mo 2 0.47 miles OpenRent
2 Bed Flat, Anita St, M4 £1,475/mo 2 0.63 miles OpenRent

Average rent: £2,471/mo (8 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.45%
Max investor price (0.8%) £224,625
Target investor price (1%) £179,700
Gross yield 5.4%
Cost-to-rent ratio 18.5×
Monthly cashflow £17/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 0.2%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).