# 2 bedroom apartment for rent (M1 2FW)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT B1204, OXYGEN TOWER, 50, STORE STREET, MANCHESTER, GREATER MANCHESTER M1 2FW |
| Price | £1,650 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Last sold | £335,106 Dec 2021 |

## Description

**Available form 18th July**

**2 Bed 2 Bath**

Luxury apartment living in the centre of Manchester within walking distance from Manchester Piccadilly station, Ancoats and the Northern Quarter. Naturally defined living Oxygen brings a fresh perspective on city centre living. 

Beautifully balanced spaces provide an idyllic environment to recharge and unwind. A true wellbeing champion packaged together with exclusive resident facilities: a beautiful spa & sauna area, a tranquil 25m swimming pool, an ultra-modern gym and relaxing cinema room. 

Located within minutes of the Northern Quarter, Oxygen is situated in the cosmopolitan area of New Islington.  Enjoy a spot of retail therapy in the central retail district or appreciate dining in the finest restaurants Manchester has to offer. 

This two-bed two-bath apartment comes fully furnished.  A high attention to detail is enjoyed with colour palettes and soft furnishings that exude a sense of calm. Views of the city are shared across the space through large thoughtfully positioned windows. 

Exclusive resident access to the Oxygen app enables you to interact with the front of house team and other residents. Notify the concierge of any incoming mail all with the touch of a button. You can gain inspiration of what is hot in Manchester's social scene, with access to the onsite app.

A deposit replacement scheme is available as an alternative to a traditional 5-week deposit (subject to eligibility and provider terms)

Disclaimer: These particulars, whilst believed to be accurate are set out as a general outline for guidance only and do not constitute any part of an offer or contract. You should not rely on them as statements of representation of fact but must satisfy themselves by inspection or otherwise as to their accuracy. Photos are for illustrative purposes only and may not be the specific apartment available. All images shown are copyrighted. All measurements quoted are approximate. Floor plans displayed may also show a typical layout and not that of the specific apartment.

## Property Photos

- ![Photo](/listings/photos/149784566/1607452)
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## Floorplans

- ![Floorplan 1](/listings/photos/149784566/1607532) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/149784566/1607533) - EPC 1

## 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, Victoria House, M4 | £1,800/mo | 2 | 0.12 miles | OpenRent |

**Average rent: £1,800/mo (1 listing)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,800/mo).*

- **Gross yield:** 1309.1%
- **Monthly cashflow:** £1,589/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3983.7%

*Gross yield = annual rent as % of price (no costs). 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).*

## 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)