For sale Flat

FLAT 44

STONEBRIDGE HOUSE, 5, COBOURG STREET, MANCHESTER, GREATER MANCHESTER M1 3GB

2 beds 2 baths Listed 10 Jun 2026 (-9d)

£250,000

Save
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Property details

Tenure

LEASEHOLD

Council tax band

D

Last sold

£282,000 Jul 2022

Local average

£289,340 (-13.6%)

Deprivation

Decile 5 (16,419 of 33,755)

Street crime

3 incidents within 1 mile (Apr 2026)

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Heating
Electric
Accessibility
Lift access

Description

EWS1 Certified, B1 rating. Fantastic location within 400m of Piccadilly Station and
Manchester University. All amenities available. Stonebridge House offer both a
fantastic location and excellent room sizes thought out with outdoor space. Located
on the 4th floor and consisting of a hallway with storage, an impressive lounge in
excess of 22 ft, a separate modern refitted kitchen with integrated appliances,
window and breakfast bar. There are two bedrooms and two bathrooms, with the master bed benefitting from an en-
suite three piece fitted
bath suite. The property offer versatility with the second bedroom having a bifold
door so could be used as a second reception room. A brand new state of art heating
system that is wirelessly connected and energy efficient. Available with both chain free
and vacant possession.
Leasehold 125 year from 1998
Ground Rent £300 per year paid to Homeground
Service Charge approx. £1500 per year.

Listed by

Manchester

Countrywide UK Sales - Connells

Reference: 89549607

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

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EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Listed for sale — £250,000 -11.3%
Sold 29/07/2022 (3 years ago) £282,000 —

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
VELVET COURT APARTMENT 14 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £120,000 18/12/2025 Flat
VELVET HOUSE, 60 APARTMENT 22 SACKVILLE STREET, MANCHESTER, GREATER MANCHESTER, M1 3WE £166,500 28/11/2025 Flat
STONEBRIDGE HOUSE, 5 FLAT 12 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB £171,000 15/09/2025 Flat
SACKVILLE PLACE FLAT 19 BOMBAY STREET, MANCHESTER, GREATER MANCHESTER, M1 7AT £180,000 14/03/2025 Flat
VELVET COURT APARTMENT 3 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £206,500 23/01/2025 Flat
VELVET COURT APARTMENT 55 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £178,000 21/12/2023 Flat
SACKVILLE PLACE FLAT 25 BOMBAY STREET, MANCHESTER, GREATER MANCHESTER, M1 7AT £250,000 08/11/2023 Flat
WHITWORTH HOUSE, 53 FLAT 25 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3WS £237,500 13/10/2023 Flat
VELVET COURT APARTMENT 41 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £180,000 30/06/2023 Flat
14 FLAT 21 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3BS £155,000 05/06/2023 Flat
5 APARTMENT 1003 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BP £190,000 26/05/2023 Flat
14 FLAT 26 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3BS £230,000 30/11/2022 Flat
5 APARTMENT 603 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BP £226,500 06/10/2022 Flat
VELVET HOUSE, 60 APARTMENT 18 SACKVILLE STREET, MANCHESTER, GREATER MANCHESTER, M1 3WE £194,000 12/09/2022 Flat
STONEBRIDGE HOUSE, 5 FLAT 45 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB £304,000 07/09/2022 Flat
5 APARTMENT 117 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BR £190,000 07/09/2022 Flat
5 APARTMENT 303 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BR £195,000 26/08/2022 Flat
SACKVILLE PLACE FLAT 4 BOMBAY STREET, MANCHESTER, GREATER MANCHESTER, M1 7AT £158,000 03/08/2022 Flat
VELVET COURT APARTMENT 57 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £227,766 29/07/2022 Flat
5 APARTMENT 411 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BR £205,500 14/07/2022 Flat

Area average: £198,263 (20 sales)

Capital growth trend

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

5y growth -10.3%
10y growth 25%

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: £449/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M1 3GB

Address

5 Cobourg Street

Nearby

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

Type Name Distance
Bus stop Manchester City Centre, Whitworth Street / Minshull Street South (Stop B) 0.1 miles
Bus stop Manchester City Centre, Whitworth Street / opposite Chorlton Street 0.1 miles
Shop Lilly Nail & Beauty 0.1 miles
Shop Pollen 0.1 miles
University UCEN Manchester (Shena Simon Campus) 0.1 miles
Train station Manchester Piccadilly 0.2 miles
University University of Law 0.4 miles
Train station Manchester Oxford Road 0.4 miles
Hospital The Ailsa Craig Medical Practise 1.8 miles
Hospital Shiv Lodge Medical Centre 1.9 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
The Manchester Metropolitan University Other 0.5 miles — (No rating)
Co-Op Academy Medlock Primary 0.5 miles Requires improvement — 23 Jan 2022
Sol Christian Academy Other 0.5 miles Good — 12 Jun 2024
Royal Northern College of Music Other 0.6 miles — (No rating)
University of Manchester Other 0.6 miles — (No rating)

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, Charlotte St, M1 £2,095/mo 2 0.36 miles OpenRent
2 Bed Flat, Manchester, M1 £3,855/mo 2 0.36 miles OpenRent
2 Bed Flat, Charlotte House, M1 £3,875/mo 2 0.36 miles OpenRent

Average rent: £3,275/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.54%
Max investor price (0.8%) £481,875
Target investor price (1%) £385,500
Gross yield 18.5%
Cost-to-rent ratio 5.4×
Monthly cashflow £2,460/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 40.7%
  • 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).