For sale Flat

FLAT 150

CITY POINT, 156, CHAPEL STREET, SALFORD, GREATER MANCHESTER M3 6ET

2 beds 2 baths 775 sq ft Listed 11 Mar 2026 (-167d)

£170,000

Offers Over

Reduced on 3 Jun 2026 · Was £180,000

Save

# 2 bedroom apartment for sale (M3 6ET)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 150, CITY POINT, 156, CHAPEL STREET, SALFORD, GREATER MANCHESTER M3 6ET |
| Price | £170,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | C |
| Construction age | England and Wales: 2003-2006 |
| Floor area | 72 m² |
| Last sold | £152,500 Feb 2016 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 25/03/2035
- **Current heating cost:** £392/year
- **Est. upgrade cost to C:** £1,500

### Recommendations
- High heat retention storage heaters (£1,200 - £1,800)

## Description

EWS1 Form Available - Mortgage Buyers Welcome

This 4th floor two double bedroom apartment is located a short walk from Spinningfields and Deansgate. Entrance hallway, living/kitchen with oven, hob and extractor with Juliet Balcony, master bedroom with en-suite with walk through wardrobe area, second double bedroom and family bathroom  with shower attachment.  Full size Garage for parking with storage space.  Double glazing and electric heaters. No Chain

**Entrance Hall** - Laminate flooring with storage cupboard housing hot water system. Electric heater

**Living/Kitchen** - 3.06 x 4.15 (10'0" x 13'7") - Double glazed patio door opening to the Juliet balcony.  Electric heater and laminate flooring. The kitchen has base units with oven, hob and extractor

**Bedroom One** - 3.63 x 2.70 plus walkway (11'10" x 8'10" plus walk - This bedroom has a long walkway with wardrobe space. The bedroom has a double glazed window and electric heater.

**En-Suite** - 2.11 x 1.68 (6'11" x 5'6") - Corner shower cubicle, wash hand basin and w.c

**Bedroom Two** - 5.06 x 2.64 (16'7" x 8'7") - Double glazed window and electric heater.

**Bathroom** - 2.70 x 1.97 (8'10" x 6'5") - Three piece suite with shower attachment over the bath, wash hand basin and w.c  Electric heated towel rail

**Externally** - The apartment benefits from a full sized garage which has room for storage as well.

**Additional Information** - Service Charge £2813.54p pa

Lease 150 Years From 2002

Ground Rent £159.15p pa Review period TBC

Managing Agent - Urban Bubble

**Agents Notes** - To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.

**Disclaimer** - IMPORTANT NOTE TO PURCHASERS: The lease, ground rent and service charges should all be checked via the solicitors for clarification.  We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as guide to prospective buyers only, and are not precise. If floor plans where included, these may not be to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us.

## Property Photos

- ![Photo](/listings/photos/173145734/72761)
- ![Photo](/listings/photos/173145734/72762)
- ![Photo](/listings/photos/173145734/72763)
- ![Photo](/listings/photos/173145734/72764)
- ![Photo](/listings/photos/173145734/72765)
- ![Photo](/listings/photos/173145734/72766)
- ![Photo](/listings/photos/173145734/72767)
- ![Photo](/listings/photos/173145734/72768)
- ![Photo](/listings/photos/173145734/72769)
- ![Photo](/listings/photos/173145734/72770)
- ![Photo](/listings/photos/173145734/72771)
- ![Photo](/listings/photos/173145734/72772)
- ![Photo](/listings/photos/173145734/72773)
- ![Photo](/listings/photos/173145734/72774)
- ![Photo](/listings/photos/173145734/72775)
- ![Photo](/listings/photos/173145734/72776)
- ![Photo](/listings/photos/173145734/72777)
- ![Photo](/listings/photos/173145734/72778)
- ![Photo](/listings/photos/173145734/72779)
- ![Photo](/listings/photos/173145734/72780)
- ![Photo](/listings/photos/173145734/72781)
- ![Photo](/listings/photos/173145734/72782)
- ![Photo](/listings/photos/173145734/671608)
- ![Photo](/listings/photos/173145734/671609)
- ![Photo](/listings/photos/173145734/671610)
- ![Photo](/listings/photos/173145734/671611)
- ![Photo](/listings/photos/173145734/671612)
- ![Photo](/listings/photos/173145734/671613)
- ![Photo](/listings/photos/173145734/671614)
- ![Photo](/listings/photos/173145734/671615)
- ![Photo](/listings/photos/173145734/671616)
- ![Photo](/listings/photos/173145734/1594550)
- ![Photo](/listings/photos/173145734/1594551)
- ![Photo](/listings/photos/173145734/1594552)
- ![Photo](/listings/photos/173145734/1594553)
- ![Photo](/listings/photos/173145734/1594554)
- ![Photo](/listings/photos/173145734/1594555)
- ![Photo](/listings/photos/173145734/1594556)
- ![Photo](/listings/photos/173145734/1594557)

## Floorplans

- ![Floorplan 1](/listings/photos/173145734/72783) - Floorplan 1

## EPC Graphs

- ![EE Rating](/listings/photos/173145734/72784) - EE Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| CITY POINT, 156 FLAT 150 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET | £150,000 | 17/06/2020 | Flat |
| CITY POINT, 156 FLAT 150 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET | £152,500 | 12/02/2016 | 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 |
|---------|-------|------|------|
| CITY POINT, 156 FLAT 122 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET | £162,000 | 22/12/2025 | Flat |
| MODEL LODGING HOUSE FLAT 31 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ | £350,000 | 19/12/2025 | Flat |
| CITY POINT, 156 FLAT 135 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET | £140,000 | 18/12/2025 | Flat |
| CITY POINT, 156 FLAT 90 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET | £165,000 | 18/12/2025 | Flat |
| CITY POINT, 156 FLAT 135 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET | £140,000 | 18/12/2025 | Flat |
| CITY POINT, 156 APARTMENT 203 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6EU | £236,000 | 28/11/2025 | Flat |
| CITY POINT, 156 APARTMENT 159 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6EU | £120,000 | 28/11/2025 | Flat |
| FRESH, 138 APARTMENT 314 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6AF | £178,600 | 28/11/2025 | Flat |
| MODEL LODGING HOUSE FLAT 10 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ | £262,000 | 26/11/2025 | Flat |
| 150 FLAT 8 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6AF | £182,000 | 26/11/2025 | Flat |
| MODEL LODGING HOUSE FLAT 30 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ | £270,000 | 17/11/2025 | Flat |
| MODEL LODGING HOUSE FLAT 25 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ | £210,000 | 06/10/2025 | Flat |
| BLOCK D ALTO APARTMENT 12 SILLAVAN WAY, SALFORD, GREATER MANCHESTER, M3 6GF | £270,000 | 30/09/2025 | Flat |
| CITY POINT, 156 APARTMENT 185 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6EU | £220,000 | 22/07/2025 | Flat |
| 96 APARTMENT 3103 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH | £407,950 | 23/05/2025 | Flat |
| 96 APARTMENT 2503 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH | £324,950 | 22/04/2025 | Flat |
| 96 APARTMENT 2401 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH | £264,950 | 03/04/2025 | Flat |
| 96 APARTMENT 2802 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH | £357,950 | 31/03/2025 | Flat |
| 96 APARTMENT 2705 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH | £400,000 | 28/03/2025 | Flat |
| 96 APARTMENT 2805 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH | £400,000 | 28/03/2025 | Flat |

**Area average:** £253,070 (20 sales)

## Price vs local average

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

- **Local average:** £283,659 (357 Flat, M3, 2024–2026)
- **Deviation:** -40.1%

## Rental Range

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

- **Low:** £1,048/mo
- **Realistic:** £1,164/mo
- **Optimistic:** £1,280/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, Blackfriars Road, M3 | £1,395/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, N. George Street, M3 | £1,100/mo | 2 | 0.34 miles | OpenRent |
| 2 Bed Semi-Detached House, Poplin Drive, M3 | £1,450/mo | 2 | 0.36 miles | OpenRent |

**Average rent: £1,315/mo (3 listings)**

## 1% Rule

- **Rent ratio:** 0.82% (okay)
- **Max investor price (0.8%):** £174,375
- **Target investor price (1%):** £139,500

*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 £1,395/mo).*

- **Gross yield:** 9.8%
- **Cost-to-rent:** 10.2×
- **Monthly cashflow:** £561/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 13.7%

*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).*

## Price per Square Metre

- **£/m²:** £2,361/m²

## Capital growth trend

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

- **5y growth:** -15.9%
- **10y growth:** 28.1%

## House Price Index (HM Land Registry)

*Official index for Salford; Flats and maisonettes series; as of May 2026.*

- **1y growth (index):** -8.8%
- **5y growth (index):** 16.5%
- **10y growth (index):** 66.3%

## 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)

Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6 Photo 7 Photo 8 Photo 9 Photo 10 Photo 11 Photo 12 Photo 13 Photo 14 Photo 15 Photo 16 Photo 17 Photo 18 Photo 19 Photo 20 Photo 21 Photo 22 Photo 23 Photo 24 Photo 25 Photo 26 Photo 27 Photo 28 Photo 29 Photo 30 Photo 31 Photo 32 Photo 33 Photo 34 Photo 35 Photo 36 Photo 37 Photo 38 Photo 39

/ 39

Property details

Tenure

LEASEHOLD

Floor area

72 m²

Council tax band

EPC rating

Year built

England and Wales: 2003-2006

Last sold

£152,500 Feb 2016

Price per m²

£2,361/m²

Local average

£283,659 (-40.1%)

Street crime

5 incidents within 1 mile (Jun 2026)

Key features

4th Floor Apt
Two Double Bedrooms
Master En-Suite
Family Bathroom
Garage Parking
EPC Rating C
Council Tax Band C
Great Location
EWS-1
No Chain

Additional details

Electricity: Mains supply
Water: Mains supply
Sewerage: Mains supply
Heating: Electric
Parking: Yes
Restrictions: Yes
Flooded in last 5 years: No
Flood defences: No

Description

EWS1 Form Available - Mortgage Buyers Welcome
This 4th floor two double bedroom apartment is located a short walk from Spinningfields and Deansgate. Entrance hallway, living/kitchen with oven, hob and extractor with Juliet Balcony, master bedroom with en-suite with walk through wardrobe area, second double bedroom and family bathroom with shower attachment. Full size Garage for parking with storage space. Double glazing and electric heaters. No Chain

Entrance Hall - Laminate flooring with storage cupboard housing hot water system. Electric heater

Living/Kitchen - 3.06 x 4.15 (10'0" x 13'7") - Double glazed patio door opening to the Juliet balcony. Electric heater and laminate flooring. The kitchen has base units with oven, hob and extractor

Bedroom One - 3.63 x 2.70 plus walkway (11'10" x 8'10" plus walk - This bedroom has a long walkway with wardrobe space. The bedroom has a double glazed window and electric heater.

En-Suite - 2.11 x 1.68 (6'11" x 5'6") - Corner shower cubicle, wash hand basin and w.c

Bedroom Two - 5.06 x 2.64 (16'7" x 8'7") - Double glazed window and electric heater.

Bathroom - 2.70 x 1.97 (8'10" x 6'5") - Three piece suite with shower attachment over the bath, wash hand basin and w.c Electric heated towel rail

Externally - The apartment benefits from a full sized garage which has room for storage as well.

Additional Information - Service Charge £2813.54p pa
Lease 150 Years From 2002
Ground Rent £159.15p pa Review period TBC
Managing Agent - Urban Bubble

Agents Notes - To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.

Disclaimer - IMPORTANT NOTE TO PURCHASERS: The lease, ground rent and service charges should all be checked via the solicitors for clarification. We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as guide to prospective buyers only, and are not precise. If floor plans where included, these may not be to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us.

Listed by

Manchester

Jordan Fishwick

Reference: 173145734

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 26/03/2025

Expiry date: 25/03/2035

Current heating cost: £392/year

Potential heating cost: £233/year

Est. upgrade cost to C: £1,500

Recommendations

High heat retention storage heaters (£1,200 - £1,800)

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): ~1,089 m² (0.27 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan 1

EPC Graphs

EE Rating

Price history

-2% since 2016

Event	Date	Price	% change
Listed for sale	—	£170,000	+13.3%
Sold	17/06/2020 (6 years ago)	£150,000	-1.6%
Sold	12/02/2016 (10 years ago)	£152,500	—

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
CITY POINT, 156 FLAT 122 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET	£162,000	22/12/2025	Flat
MODEL LODGING HOUSE FLAT 31 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ	£350,000	19/12/2025	Flat
CITY POINT, 156 FLAT 135 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET	£140,000	18/12/2025	Flat
CITY POINT, 156 FLAT 90 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET	£165,000	18/12/2025	Flat
CITY POINT, 156 FLAT 135 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6ET	£140,000	18/12/2025	Flat
CITY POINT, 156 APARTMENT 203 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6EU	£236,000	28/11/2025	Flat
CITY POINT, 156 APARTMENT 159 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6EU	£120,000	28/11/2025	Flat
FRESH, 138 APARTMENT 314 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6AF	£178,600	28/11/2025	Flat
MODEL LODGING HOUSE FLAT 10 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ	£262,000	26/11/2025	Flat
150 FLAT 8 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6AF	£182,000	26/11/2025	Flat
MODEL LODGING HOUSE FLAT 30 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ	£270,000	17/11/2025	Flat
MODEL LODGING HOUSE FLAT 25 BLOOM STREET, SALFORD, GREATER MANCHESTER, M3 6AJ	£210,000	06/10/2025	Flat
BLOCK D ALTO APARTMENT 12 SILLAVAN WAY, SALFORD, GREATER MANCHESTER, M3 6GF	£270,000	30/09/2025	Flat
CITY POINT, 156 APARTMENT 185 CHAPEL STREET, SALFORD, GREATER MANCHESTER, M3 6EU	£220,000	22/07/2025	Flat
96 APARTMENT 3103 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH	£407,950	23/05/2025	Flat
96 APARTMENT 2503 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH	£324,950	22/04/2025	Flat
96 APARTMENT 2401 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH	£264,950	03/04/2025	Flat
96 APARTMENT 2802 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH	£357,950	31/03/2025	Flat
96 APARTMENT 2705 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH	£400,000	28/03/2025	Flat
96 APARTMENT 2805 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7JH	£400,000	28/03/2025	Flat

Area average: £253,070 (20 sales)

Capital growth trend

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

5y growth -15.9%

10y growth 28.1%

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

1y (index) -8.8%

5y (index) 16.5%

10y (index) 66.3%

Rental Range

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

Low £1,048/mo

Realistic £1,164/mo

Optimistic £1,280/mo

Based on Local Authority from postcode lookup → Salford.

LHA (30th percentile) floor for Central Greater Manchester: £873/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M3 6ET

Address

Chapel Street

Nearby

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

Type	Name	Distance
Bus stop	Salford, New Bailey Street / Salford Station (Stop WY)	0.0 miles
Bus stop	Chapel Street/Trinity Way	0.0 miles
Train station	Salford Central	0.1 miles
Shop	Chapel Convenience Store	0.1 miles
Shop	Unknown	0.1 miles
University	UCEN Manchester (City Campus)	0.6 miles
Train station	Manchester Victoria	0.6 miles
University	University of Law	0.7 miles
Hospital	Salford Gastric Bypass Surgery	1.6 miles
Hospital	Braeburn House	1.7 miles

Street-level crime

Category	Count
Violence and sexual offences	3
Public order	1
Theft from the person	1
Total incidents	5

Within 1 mile during Jun 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
The Cathedral School of St Peter and St John RC Primary	Primary	0.3 miles	Good — 10 Jul 2022
St Philip's CofE Primary School	Primary	0.3 miles	Good — 19 Oct 2023
The Friars Primary School	Primary	0.4 miles	Good — 24 Apr 2024
Abbey College Manchester	Other	0.5 miles	— (No rating)
Chetham's School of Music	Other	0.5 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, Blackfriars Road, M3	£1,395/mo	2	0.22 miles	OpenRent
2 Bed Flat, N. George Street, M3	£1,100/mo	2	0.34 miles	OpenRent
2 Bed Semi-Detached House, Poplin Drive, M3	£1,450/mo	2	0.36 miles	OpenRent

Average rent: £1,315/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.82%

Max investor price (0.8%) £174,375

Target investor price (1%) £139,500

Gross yield 9.8%

Cost-to-rent ratio 10.2×

Monthly cashflow £561/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 13.7%

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).