# 1 bedroom apartment for sale (M15 4QW) ## Property Details | Key | Value | |-----|-------| | Address | Commercial Street, Manchester, M15 4QW | | Price | £160,000 | | Bedrooms | 1 | | Bathrooms | 1 | | Council tax | C | | Last sold | £154,146 | ## 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. ## Property Photos - ![Photo](/listings/photos/147726245/723466) - ![Photo](/listings/photos/147726245/723467) - ![Photo](/listings/photos/147726245/723468) - ![Photo](/listings/photos/147726245/723469) - ![Photo](/listings/photos/147726245/723470) ## EPC Graphs - ![EPC 1](/listings/photos/147726245/723471) - EPC 1 ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £243,036 (72 Flat, M15, 2024–2026) - **Deviation:** -34.2% ## Rental Range *ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,217/mo - **Realistic:** £1,352/mo - **Optimistic:** £1,487/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Richmond & Hambleton (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 | |------|------|------|------|------| | 1 Bed Flat, Hill Quays, M15 | £1,100/mo | 1 | 0.02 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: £1,240/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.75% (weak for cashflow) - **Max investor price (0.8%):** £150,000 - **Target investor price (1%):** £120,000 *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 £1,200/mo).* - **Gross yield:** 9% - **Cost-to-rent:** 11.1× - **Monthly cashflow:** £425/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 11% *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:** -28.3% - **10y growth:** 36.4% ## House Price Index (HM Land Registry) *Official index for Manchester; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -1.4% - **5y growth (index):** 9.1% - **10y growth (index):** 58.9% ## 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)