For sale Flat

Commercial Street

Manchester, M15 4QW

1 beds 1 baths Listed 8 May 2024 (-778d)

£160,000

Reduced on 24 Apr 2026

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Property details

Tenure

LEASEHOLD (128 years remaining on lease)

Council tax band

C

Last sold

£154,146

Local average

£243,036 (-34.2%)

Street crime

6 incidents within 1 mile (Apr 2026)

Key features

  • 1 Bedroom
  • Apartment
  • Close to City Centre
  • Furnished
  • Close to University
  • On Site Gym Facilities Included

Additional details

Electricity
Mains supply
Water
Mains supply

Description

Situated in the bustling heart of Manchester, this impressive one-bedroom apartment is the perfect opportunity for those seeking a luxurious urban lifestyle. Priced at a competitive £160,000, this stunning property features a spacious reception room, a fully-fitted kitchen, one double bedroom, and one modern bathroom.

As you enter the apartment, you will be immediately struck by its impressive design and attention to detail. The spacious reception room is flooded with natural light and provides the perfect space for entertaining guests or relaxing after a long day at work. The fully-fitted kitchen boasts sleek, high-quality appliances making cooking a joyous affair. The double bedroom is spacious and offers ample storage space along with a peaceful retreat at night. The modern bathroom is fully tiled and features a powerful shower over bath, perfect for relaxing at the end of a busy day.

This apartment boasts an enviable location, situated in the vibrant heart of Manchester, surrounded by countless amenities such as trendy bars and restaurants. For those looking to indulge in some retail therapy, the apartment is ideally located just a short distance from the city`s premier shopping district.

Manchester is a vibrant and bustling city that offers something for everyone, from cultural attractions to world-class entertainment. Art lovers are sure to appreciate the lowry gallery, which boasts an impressive collection of contemporary art. History buffs will enjoy visiting the Manchester Museum of Science and Industry, which offers fascinating insights into the city`s industrial heritage. If you`re looking for a night out, the city`s vibrant nightlife has something for everyone, from chic cocktail bars to lively nightclubs.

Sport is integral to Manchester`s culture, and the city is home to two of the world`s most iconic football clubs, Manchester City and Manchester United. The Etihad Stadium and Old Trafford are both located within close proximity of the apartment and offer an unrivaled match-day experience.

Overall, this stunning apartment offers the perfect opportunity to immerse yourself in the very best that Manchester has to offer. With a prime location and a host of luxurious features, this property represents an unmissable chance to own a slice of urban living at its very finest.

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Listed by

Manchester

Premier Residential Lettings Ltd

Reference: 147726245

Flood risk

Zone: 1

Risk: Low

Job (default Low)

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Listed for sale £160,000

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
1 APARTMENT 147 JORDAN STREET, MANCHESTER, GREATER MANCHESTER, M15 4QX £210,000 19/12/2025 Flat
LUMIERE BUILDING, 38 APARTMENT 702 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4QN £188,000 19/12/2025 Flat
9 FLAT A2703 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ £357,000 12/12/2025 Flat
9 FLAT A2006 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ £328,000 26/11/2025 Flat
9 FLAT B1509 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UB £300,000 21/11/2025 Flat
LUMIERE BUILDING, 38 APARTMENT 508 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4QN £180,000 20/11/2025 Flat
HILL QUAYS, 8 FLAT 72 COMMERCIAL STREET, MANCHESTER, GREATER MANCHESTER, M15 4QY £158,000 31/10/2025 Flat
1 APARTMENT 109 JORDAN STREET, MANCHESTER, GREATER MANCHESTER, M15 4QX £202,000 15/08/2025 Flat
THE RHINE, 32 APARTMENT 13 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4TE £200,000 15/07/2025 Flat
9 FLAT A3006 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TT £372,000 07/07/2025 Flat
THE RHINE, 32 APARTMENT 14 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4TE £210,000 09/06/2025 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 BOATMANS, 42 APARTMENT 21 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4QF £205,000 15/12/2023 Flat
9 FLAT B2903 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UD £388,000 15/12/2023 Flat
9 FLAT A1906 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TP £480,000 01/12/2023 Flat
THE ROPEWORKS, 33 APARTMENT 40 LITTLE PETER STREET, MANCHESTER, GREATER MANCHESTER, M15 4QH £180,000 08/11/2023 Flat
9 FLAT A5705 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TW £650,000 30/10/2023 Flat
THE BOATMANS, 42 APARTMENT 16 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4QF £225,950 15/09/2023 Flat
1 APARTMENT 75 JORDAN STREET, MANCHESTER, GREATER MANCHESTER, M15 4QU £210,000 25/08/2023 Flat

Area average: £276,698 (20 sales)

Capital growth trend

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

5y growth -27.9%
10y growth 35.8%

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

1y (index) -1.4%
5y (index) 9.1%
10y (index) 58.9%

Rental Range

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

Low £1,217/mo
Realistic £1,352/mo
Optimistic £1,487/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for Richmond & Hambleton: £449/mo (Apr 2025 – Mar 2026)

Location

Address

10 Commercial Street

Nearby

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

Type Name Distance
Shop Deansgate Square General Store 0.1 miles
Shop CLNQ 0.1 miles
Train station Deansgate 0.1 miles
Bus stop Medlock Street/City Road East 0.1 miles
Bus stop Medlock Street/Home 0.1 miles
Train station Manchester Oxford Road 0.4 miles
University Manchester School of Art 0.6 miles
University UCEN Manchester (Shena Simon Campus) 0.7 miles
Hospital Salford Gastric Bypass Surgery 2.1 miles
Hospital The Ailsa Craig Medical Practise 2.1 miles

Street-level crime

Category Count
Violence and sexual offences 4
Other crime 1
Other theft 1
Total incidents 6

Within 1 mile during Apr 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
St Wilfrid's RC Primary School Primary 0.3 miles Good — 25 Jun 2023
St Philip's Church of England Primary School Primary 0.4 miles Good — 5 Feb 2014
The Manchester Metropolitan University Other 0.5 miles (No rating)
Rolls Crescent Primary School Primary 0.5 miles Good — 20 May 2015
Martenscroft Nursery School & Children's Centre Nursery 0.6 miles Outstanding — 22 Jul 2024

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
1 Bed Flat, Commercial St, M15 £1,330/mo 1 0 miles OpenRent
1 Bed Flat, Hill Quays, M15 £1,100/mo 1 0.02 miles OpenRent
1 Bed Flat, Owen Street, M15 £1,450/mo 1 0.02 miles OpenRent
1 Bed Flat, The Rope Works, M15 £1,175/mo 1 0.07 miles OpenRent
1 Bed Flat, Whitworth St West, M1 £1,350/mo 1 0.17 miles OpenRent
1 Bed Flat, Beetham Tower, M3 £1,850/mo 1 0.19 miles OpenRent
1 Bed Flat, Great Bridgewater St, M1 £1,750/mo 1 0.19 miles OpenRent
1 Bed Flat, Manchester, M15 £1,600/mo 1 0.2 miles OpenRent
1 Bed Flat, Silvercroft Street, M15 £1,400/mo 1 0.21 miles OpenRent
1 Bed Flat, Elizabeth Tower, M15 £1,495/mo 1 0.21 miles OpenRent
1 Bed Flat, Fernley Building, M15 £1,420/mo 1 0.22 miles OpenRent
1 Bed Flat, Manchester, M3 £1,200/mo 1 0.27 miles OpenRent

Average rent: £1,427/mo (12 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.88%
Max investor price (0.8%) £176,250
Target investor price (1%) £141,000
Gross yield 10.6%
Cost-to-rent ratio 9.5×
Monthly cashflow £614/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 15.9%
  • 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).