APARTMENT 422
CHIPS, 2 LAMPWICK LANE, MANCHESTER M4 6BU
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Property details
Tenure
LEASEHOLD
Floor area
41 m²
Council tax band
C
Year built
England and Wales: 2007-2011
Last sold
£175,000
Price per m²
£4,390/m²
Local average
£268,000 (-32.8%)
Street crime
0 incidents within 1 mile (Apr 2026)
Key features
- Mortgage buyers welcome
- Ideal first time buyer or buy to let opportunity
- Designed by Urban Splash
- Polished concrete ceilings
- Two double bedrooms
- Ample storage
- Opposite New Islington Metrolink
- Walking distance to Piccadilly
- Vacant possession
- A must view
Additional details
- Electricity
- Mains supply
- Broadband
- FTTC (fibre to the cabinet)
- Water
- Mains supply
- Sewerage
- Mains supply
- Heating
- Electric
Description
Situated in New Islington, voted one of the best places to live by The Sunday Times, the property is within walking distance to New Islington Marina and Cutting Room Square, artisan bakeries such as Pollen and Companio, craft beer at Cask, and Michelin-starred Mana. New Islington School, New Islington Medical Practice, a PureGym and two supermarkets are in walking distance, with excellent transport links including New Islington Metrolink and Piccadilly Train station
Located on the third floor and offering an estimated 732 sqft, the property features polished concrete ceilings which are an industrial characteristic associated with award winning developers Urban Splash. The property briefly comprises: entrance/hallway with storage cupboard; open plan lounge/diner with concertina doors into double bedroom/work from home space; kitchen with integrated appliances; primary double bedroom; bathroom.
The property is offered with vacant possession and must be viewed to be fully appreciated.
An EWS1 form is expected following fire safety remediation works which are due to complete shortly.
Tenure: Leasehold
Annual service charge: £2,598.07
Annual ground rent: £330.00
Length of lease: 250 years from 2003
Est. rental income: £1.300 pcm
Management company: Residential Management Group
Important Information:
Anti-Money Laundering (AML) Checks - As part of making an offer, we`re required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers. To cover the cost of this process, a non-refundable fee of £60 inc VAT per buyer is payable when your offer is accepted. This is a standard requirement for all buyers and ensure` s your offer can be progressed as quickly and smoothly as possible.
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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.
Anti-Money Laundering (AML) Checks - As part of making an offer, we`re required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers. To cover the cost of this process, a non-refundable fee of £60 inc VAT per buyer is payable when your offer is accepted. This is a standard requirement for all buyers and ensures your offer can be progressed as quickly and smoothly as possible.
Listed by
Manchester
Goodwin Fish & Co
Reference: 173735045
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
EPC Graphs
EPC 1
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Listed for sale | — | £180,000 | +2.9% |
| Sold | 01/01/2010 (16 years ago) | £175,000 | — |
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 |
|---|---|---|---|
| MILLINER'S WHARF, 2 APARTMENT 78 MUNDAY STREET, MANCHESTER, GREATER MANCHESTER, M4 7BB | £161,000 | 03/12/2025 | Flat |
| MILLINER'S WHARF, 2 APARTMENT 179 MUNDAY STREET, MANCHESTER, GREATER MANCHESTER, M4 7BG | £151,000 | 28/11/2025 | Flat |
| 1 FLAT 50 VESTA STREET, MANCHESTER, GREATER MANCHESTER, M4 6LT | £365,000 | 21/11/2025 | Flat |
| BLOCK B, 12 APARTMENT 16 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AJ | £205,000 | 29/10/2025 | Flat |
| 1 FLAT 29 VESTA STREET, MANCHESTER, GREATER MANCHESTER, M4 6LT | £285,000 | 26/09/2025 | Flat |
| 7 FLAT 611 MUNDAY STREET, MANCHESTER, GREATER MANCHESTER, M4 7AZ | £400,000 | 18/07/2025 | Flat |
| 1 FLAT 113 VESTA STREET, MANCHESTER, GREATER MANCHESTER, M4 6LU | £340,000 | 20/12/2023 | Flat |
| 7 FLAT 112 MUNDAY STREET, MANCHESTER, GREATER MANCHESTER, M4 7AZ | £290,000 | 08/12/2023 | Flat |
| 1 FLAT 137 VESTA STREET, MANCHESTER, GREATER MANCHESTER, M4 6LU | £225,000 | 12/09/2023 | Flat |
| 1 FLAT 72 VESTA STREET, MANCHESTER, GREATER MANCHESTER, M4 6LT | £350,000 | 01/09/2023 | Flat |
| 1 FLAT 29 VESTA STREET, MANCHESTER, GREATER MANCHESTER, M4 6LT | £297,500 | 31/07/2023 | Flat |
| 1 FLAT 11 VESTA STREET, MANCHESTER, GREATER MANCHESTER, M4 6LT | £300,000 | 27/07/2023 | Flat |
| 16 SPINDLE MEWS, MANCHESTER, GREATER MANCHESTER, M4 6DB | £500,000 | 19/07/2023 | Flat |
| MILLINER'S WHARF, 2 APARTMENT 35 MUNDAY STREET, MANCHESTER, GREATER MANCHESTER, M4 7BB | £245,000 | 09/06/2023 | Flat |
| 1 FLAT 136 VESTA STREET, MANCHESTER, GREATER MANCHESTER, M4 6LU | £14,000 | 09/01/2023 | Flat |
| LOOM BUILDING, 1 FLAT 101 HARRISON STREET, MANCHESTER, GREATER MANCHESTER, M4 7BJ | £210,000 | 21/12/2022 | Flat |
| BLOCK A, 12 APARTMENT 48 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AJ | £224,950 | 30/11/2022 | Flat |
| MILLINER'S WHARF, 2 APARTMENT 103 MUNDAY STREET, MANCHESTER, GREATER MANCHESTER, M4 7BD | £260,000 | 30/11/2022 | Flat |
| 12 FLAT 14 OLD MILL STREET, MANCHESTER, GREATER MANCHESTER, M4 6DZ | £275,000 | 28/11/2022 | Flat |
| BLOCK A, 12 APARTMENT 6 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AJ | £212,000 | 28/10/2022 | Flat |
Area average: £265,523 (20 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of March 2026.
Rental Range
Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Manchester.
LHA (30th percentile) floor for East Lancs: £474/mo (Apr 2025 – Mar 2026)
Location
Address
2 Lampwick Lane
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Bus stop | Old Mill Street/Ancoats Clinic | 0.1 miles |
| Shop | Londis | 0.1 miles |
| Shop | Shaheens News Off License | 0.2 miles |
| Train station | Manchester Piccadilly | 0.5 miles |
| University | UCEN Manchester (Shena Simon Campus) | 0.7 miles |
| Train station | Ardwick | 0.8 miles |
| University | University of Law | 0.8 miles |
| Hospital | Plymouth Grove Medical Centre | 1.3 miles |
| Hospital | Manchester Royal Infirmary | 1.3 miles |
Street-level crime
| Category | Count |
|---|---|
| Total incidents | 0 |
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 Anne's RC Primary School | Primary | 0.2 miles | Good — 10 Jul 2015 |
| Co-Op Academy New Islington | Primary | 0.2 miles | Outstanding — 10 Jul 2015 |
| Sol Christian Academy | Other | 0.4 miles | Good — 12 Jun 2024 |
| St Patrick's RC Primary School | Primary | 0.6 miles | Good — 13 Jan 2022 |
| Park View Community Primary Academy | Primary | 0.7 miles | Requires improvement — 18 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 |
|---|---|---|---|---|
| 2 Bed Flat, Malta Street, M4 | £1,350/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Flat, Loom Building, M4 | £1,250/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Terraced House, Loom Building, M4 | £4,080/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Penthouse, Chapeltown Street, M1 | £2,300/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Flat, Chapeltown Street, M1 | £1,295/mo | 2 | 0.37 miles | OpenRent |
Average rent: £2,055/mo (5 listings)
Rent-driven metrics
Based on OpenRent comparables.
- 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).