Sold Flat

Fully Managed High Yield Property

M1 1AL

1 beds 1 baths Listed 20 Apr 2026 (-64d)

£120,000

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# 1 bedroom apartment for sale (M1 1AL)

## Property Details

| Key | Value |
|-----|-------|
| Address | Fully Managed High Yield Property, M1 1AL |
| Price | £120,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |

## Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

Completed - Earn Rental Income from Day 1!

DESCRIPTION

Introducing a modern new development in Manchester, offering 6% rental yields and designed with high-spec fixtures and finishings. Located in a £1 billion regeneration zone in the popular M5 postcode, this property investment opportunity offers excellent capital growth potential in a prime waterfront location.

Developed by a leading UK property developer, the project features fantastic onsite facilities, including car parking, bicycle storage, and top-tier amenities such as a gym and resident's lounge. An onsite rental company ensures a hands-off investment experience, making this development a perfect choice for investors looking for quality, convenience, and strong returns.

With high tenant demand and a predicted 28.8% capital growth by 2028, Greater Manchester is one of the UK's best places to invest in property. This development is ideally located in Manchester's Salford area, with proximity to popular spots such as MediaCityUK making this a great investment for anyone looking to target the city's young professional market.

Enquire Today to Receive Floor Plans, Info Pack & Full Investment Breakdown!"

## Property Photos

- ![Photo](/listings/photos/174692075/127079)
- ![Photo](/listings/photos/174692075/127080)
- ![Photo](/listings/photos/174692075/127081)
- ![Photo](/listings/photos/174692075/127082)
- ![Photo](/listings/photos/174692075/127083)
- ![Photo](/listings/photos/174692075/127084)
- ![Photo](/listings/photos/174692075/127085)

## Floorplans

- ![Floorplan 1](/listings/photos/174692075/127086) - Floorplan 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 |
|---------|-------|------|------|
| THE SORTING HOUSE, 83 FLAT 2 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EP | £225,000 | 06/01/2026 | Flat |
| THE SORTING HOUSE, 83 FLAT 17 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EP | £330,000 | 22/10/2025 | Flat |
| NUOVO APARTMENTS, 59 316 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £267,000 | 13/06/2025 | Flat |
| 55 APARTMENT F B 413 HENRY STREET, MANCHESTER, GREATER MANCHESTER, M4 5DH | £380,000 | 28/10/2024 | Flat |
| THE SORTING HOUSE, 83 FLAT 80 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1ER | £250,000 | 01/12/2023 | Flat |
| OXID HOUSE, 78 FLAT 504 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1AL | £230,000 | 30/11/2023 | Flat |
| NUOVO APARTMENTS, 59 1001 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AN | £270,000 | 27/11/2023 | Flat |
| NUOVO APARTMENTS, 59 410 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £237,000 | 17/11/2023 | Flat |
| NUOVO APARTMENTS, 59 411 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £210,000 | 17/11/2023 | Flat |
| NUOVO APARTMENTS, 59 604 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AN | £185,000 | 27/10/2023 | Flat |
| NUOVO APARTMENTS, 59 412 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £260,000 | 27/09/2023 | Flat |
| 55 APARTMENT F B 412 HENRY STREET, MANCHESTER, GREATER MANCHESTER, M4 5DH | £345,000 | 15/09/2023 | Flat |
| NUOVO APARTMENTS, 59 304 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £191,000 | 08/09/2023 | Flat |
| 72 - 76 APARTMENT 36 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU | £125,000 | 07/09/2023 | Flat |
| NUOVO APARTMENTS, 59 309 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £200,000 | 01/09/2023 | Flat |
| 72 - 76 APARTMENT 10 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU | £174,000 | 30/08/2023 | Flat |
| THE SORTING HOUSE, 83 FLAT 57 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1ER | £112,176 | 25/08/2023 | Flat |
| OXID HOUSE, 78 FLAT 505 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1AL | £248,000 | 10/07/2023 | Flat |
| NUOVO APARTMENTS, 59 213 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £255,000 | 07/07/2023 | Flat |
| NUOVO APARTMENTS, 59 405 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £230,000 | 03/07/2023 | Flat |

**Area average:** £236,209 (20 sales)

## Price vs local average

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

- **Local average:** £284,273 (50 Flat, M1, 2024–2026)
- **Deviation:** -57.8%

## Rental Range

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

- **Low:** £1,214/mo
- **Realistic:** £1,349/mo
- **Optimistic:** £1,484/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £399/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, Port Street, M1 | £1,400/mo | 1 | 0.05 miles | OpenRent |
| 1 Bed Flat, Port St, M1 | £1,550/mo | 1 | 0.05 miles | OpenRent |
| 1 Bed Flat, Port St, M1 | £1,500/mo | 1 | 0.05 miles | OpenRent |
| 1 Bed Flat, Port St, M1 | £1,650/mo | 1 | 0.05 miles | OpenRent |
| 1 Bed Flat, Port St, M1 | £1,300/mo | 1 | 0.05 miles | OpenRent |
| 1 Bed Flat, Port St, M1 | £1,350/mo | 1 | 0.05 miles | OpenRent |
| 1 Bed Flat, Royal Mills, M4 | £1,250/mo | 1 | 0.12 miles | OpenRent |
| 1 Bed Flat, Cotton St, M4 | £3,750/mo | 1 | 0.12 miles | OpenRent |
| 1 Bed Flat, Royal Mills, M4 | £1,650/mo | 1 | 0.12 miles | OpenRent |

**Average rent: £1,711/mo (9 listings)**

## 1% Rule

- **Rent ratio:** 1.25% (strong)
- **Max investor price (0.8%):** £187,500
- **Target investor price (1%):** £150,000

*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 £1,500/mo).*

- **Gross yield:** 15%
- **Cost-to-rent:** 6.7×
- **Monthly cashflow:** £852/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 29.4%

*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:** -9.3%
- **10y growth:** 25.1%

## 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)

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Property details

Tenure

LEASEHOLD

Local average

£284,273 (-57.8%)

Street crime

3 incidents within 1 mile (Apr 2026)

Key features

Modern Manhattan Apartment in Prime Location
6% Rental Yields
New Build Manchester Development
Car Parking & Bicycle Storage
Fantastic Onsite Facilities
Located in a Manchester Regeneration Zone For Excellent Capital Growth
Popular M5 Manchester Postcode
Leading UK Developer
Onsite Rental Company
Enquire Now to Receive Info Pack and Financial Breakdown

Additional details

Parking: Yes

Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

Completed - Earn Rental Income from Day 1!

DESCRIPTION

Introducing a modern new development in Manchester, offering 6% rental yields and designed with high-spec fixtures and finishings. Located in a £1 billion regeneration zone in the popular M5 postcode, this property investment opportunity offers excellent capital growth potential in a prime waterfront location.

Developed by a leading UK property developer, the project features fantastic onsite facilities, including car parking, bicycle storage, and top-tier amenities such as a gym and resident's lounge. An onsite rental company ensures a hands-off investment experience, making this development a perfect choice for investors looking for quality, convenience, and strong returns.

With high tenant demand and a predicted 28.8% capital growth by 2028, Greater Manchester is one of the UK's best places to invest in property. This development is ideally located in Manchester's Salford area, with proximity to popular spots such as MediaCityUK making this a great investment for anyone looking to target the city's young professional market.

Enquire Today to Receive Floor Plans, Info Pack & Full Investment Breakdown!"

Listed by

Manchester

RW Invest North Ltd

Reference: 174692075

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

No sales history found for this property in Land Registry Price Paid data.

Sold Comparables

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

Address	Price	Date	Type
THE SORTING HOUSE, 83 FLAT 2 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EP	£225,000	06/01/2026	Flat
THE SORTING HOUSE, 83 FLAT 17 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EP	£330,000	22/10/2025	Flat
NUOVO APARTMENTS, 59 316 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH	£267,000	13/06/2025	Flat
55 APARTMENT F B 413 HENRY STREET, MANCHESTER, GREATER MANCHESTER, M4 5DH	£380,000	28/10/2024	Flat
THE SORTING HOUSE, 83 FLAT 80 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1ER	£250,000	01/12/2023	Flat
OXID HOUSE, 78 FLAT 504 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1AL	£230,000	30/11/2023	Flat
NUOVO APARTMENTS, 59 1001 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AN	£270,000	27/11/2023	Flat
NUOVO APARTMENTS, 59 410 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH	£237,000	17/11/2023	Flat
NUOVO APARTMENTS, 59 411 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH	£210,000	17/11/2023	Flat
NUOVO APARTMENTS, 59 604 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AN	£185,000	27/10/2023	Flat
NUOVO APARTMENTS, 59 412 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH	£260,000	27/09/2023	Flat
55 APARTMENT F B 412 HENRY STREET, MANCHESTER, GREATER MANCHESTER, M4 5DH	£345,000	15/09/2023	Flat
NUOVO APARTMENTS, 59 304 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH	£191,000	08/09/2023	Flat
72 - 76 APARTMENT 36 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU	£125,000	07/09/2023	Flat
NUOVO APARTMENTS, 59 309 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH	£200,000	01/09/2023	Flat
72 - 76 APARTMENT 10 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU	£174,000	30/08/2023	Flat
THE SORTING HOUSE, 83 FLAT 57 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1ER	£112,176	25/08/2023	Flat
OXID HOUSE, 78 FLAT 505 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1AL	£248,000	10/07/2023	Flat
NUOVO APARTMENTS, 59 213 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH	£255,000	07/07/2023	Flat
NUOVO APARTMENTS, 59 405 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH	£230,000	03/07/2023	Flat

Area average: £236,209 (20 sales)

Capital growth trend

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

5y growth -9.3%

10y growth 25.1%

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 £1,214/mo

Realistic £1,349/mo

Optimistic £1,484/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for West Pennine: £399/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M1 1AL

Address

78 Newton Street

Nearby

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

Type	Name	Distance
Shop	Ancoats General Store	0.0 miles
Bus stop	Ancoats, Great Ancoats Street / opposite Jersey Street	0.0 miles
Shop	Ancoats Barber Shop	0.0 miles
Bus stop	Ancoats, Great Ancoats Street / near Jersey Street	0.1 miles
Train station	Manchester Piccadilly	0.4 miles
University	University of Law	0.4 miles
University	UCEN Manchester (Shena Simon Campus)	0.5 miles
Train station	Manchester Victoria	0.6 miles
Hospital	Plymouth Grove Medical Centre	1.4 miles
Hospital	Manchester Royal Infirmary	1.4 miles

Street-level crime

Category	Count
Violence and sexual offences	2
Other crime	1
Total incidents	3

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
Co-Op Academy New Islington	Primary	0.2 miles	Outstanding — 10 Jul 2015
The Cooperative College	Other	0.4 miles	— (No rating)
Digital Advantage	Other	0.4 miles	— (No rating)
St Patrick's RC Primary School	Primary	0.5 miles	Good — 13 Jan 2022
Abbott Community Primary School	Primary	0.6 miles	Outstanding — 12 Feb 2019

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, Port Street, M1	£1,400/mo	1	0.05 miles	OpenRent
1 Bed Flat, Port St, M1	£1,550/mo	1	0.05 miles	OpenRent
1 Bed Flat, Port St, M1	£1,500/mo	1	0.05 miles	OpenRent
1 Bed Flat, Port St, M1	£1,650/mo	1	0.05 miles	OpenRent
1 Bed Flat, Port St, M1	£1,300/mo	1	0.05 miles	OpenRent
1 Bed Flat, Port St, M1	£1,350/mo	1	0.05 miles	OpenRent
1 Bed Flat, Royal Mills, M4	£1,250/mo	1	0.12 miles	OpenRent
1 Bed Flat, Cotton St, M4	£3,750/mo	1	0.12 miles	OpenRent
1 Bed Flat, Royal Mills, M4	£1,650/mo	1	0.12 miles	OpenRent

Average rent: £1,711/mo (9 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.25%

Max investor price (0.8%) £187,500

Target investor price (1%) £150,000

Gross yield 15%

Cost-to-rent ratio 6.7×

Monthly cashflow £852/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 29.4%

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).