# 3 bedroom apartment for sale (M15 4UG) ## Property Details | Key | Value | |-----|-------| | Address | FLAT B5001, 9 OWEN STREET, MANCHESTER, GREATER MANCHESTER M15 4UG | | Price | £2,600,000 | | Bedrooms | 3 | | Bathrooms | 3 | | Council tax | H | | Last sold | £2,002,000 Jun 2023 | ## Description Built and developed by Renaker, and designed by renowned architects SimpsonHaugh, Deansgate Square is Manchester's premier landmark development. Located in New Jackson, a world-class skyscraper district at the southern gateway to Manchester city centre, all four towers boast unparalleled views across the city and beyond. This duplex penthouse occupies the top floors boasting exceptional views of the city centre and beyond. With over 3,100 sq ft of living space, the penthouse comprises three double bedrooms, each with en-suites that are equipped with Duravit sanitary ware. There are three double bedrooms with a dressing area (master bedroom), an open plan living and kitchen area, a viewing gallery, a study, in addition to a separate WC for guests. Throughout the Penthouse, there is cooling/air conditioning, as well as electric dimout blinds, and matching walnut veneer entrance and internal doors. The penthouse has been finished to a truly exquisite standard. **Deansgate Square** - Deansgate Square also offers exceptional health and wellness resident-only facilities with The Club, at 50,000 sq ft. Residents can enjoy a 20m pool, spin and yoga studios, state-of-the-art gym, as well as lounges and an extensive rooftop terrace. The Concierge and Business gallery also offers a variety of workspaces including bookable private suites, which are equally perfect for entertaining, dining or gaming with friends in the evenings and weekends. **Lease Information** - Lease Length: 990 years from 2019 £2022.79 Buildings insurance per annum £429.96 car parking service charge per annum £12,040.76 service charge per annum ## Property Photos - ![Photo](/listings/photos/166293638/51939) - ![Photo](/listings/photos/166293638/51942) - ![Photo](/listings/photos/166293638/51943) - ![Photo](/listings/photos/166293638/51947) - ![Photo](/listings/photos/166293638/51948) - ![Photo](/listings/photos/166293638/51951) - ![Photo](/listings/photos/166293638/51953) - ![Photo](/listings/photos/166293638/51956) - ![Photo](/listings/photos/166293638/51959) - ![Photo](/listings/photos/166293638/51961) - ![Photo](/listings/photos/166293638/51964) - ![Photo](/listings/photos/166293638/51966) - ![Photo](/listings/photos/166293638/51968) - ![Photo](/listings/photos/166293638/51971) - ![Photo](/listings/photos/166293638/51974) - ![Photo](/listings/photos/166293638/51975) - ![Photo](/listings/photos/166293638/51977) - ![Photo](/listings/photos/166293638/51981) ## Floorplans - ![Floorplan 1](/listings/photos/166293638/51984) - Floorplan 1 ## EPC Graphs - ![EE Rating](/listings/photos/166293638/51987) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 9 FLAT B5001 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UG | £2,002,000 | 30/06/2023 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | 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 | | 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 | | 9 FLAT B2903 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UD | £388,000 | 15/12/2023 | Flat | | THE BOATMANS, 42 APARTMENT 21 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4QF | £205,000 | 15/12/2023 | Flat | | 9 FLAT A1906 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TP | £480,000 | 01/12/2023 | 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 | | 9 FLAT B5004 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UG | £2,000,000 | 08/08/2023 | Flat | | 9 FLAT B1603 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UB | £374,000 | 08/08/2023 | Flat | | 9 FLAT A2002 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ | £385,300 | 14/07/2023 | Flat | | 9 FLAT A3401 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TT | £472,000 | 13/04/2023 | Flat | | 9 FLAT B307 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UA | £480,000 | 29/03/2023 | Flat | | 9 FLAT B1503 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UB | £288,000 | 21/03/2023 | Flat | **Area average:** £412,063 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £241,248 (71 Flat, M15, 2024–2026) - **Deviation:** +977.7% ## 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 Richmond & Hambleton (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £648/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 | |------|------|------|------|------| | 3 Bed Semi-Detached House, Old York Street, M15 | £1,700/mo | 3 | 0.35 miles | OpenRent | **Average rent: £1,700/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.07% (weak for cashflow) - **Max investor price (0.8%):** £212,500 - **Target investor price (1%):** £170,000 *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 £1,700/mo).* - **Gross yield:** 0.8% - **Cost-to-rent:** 127.5× - **Monthly cashflow:** £-8,734/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -13.9% *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:** -27.1% - **10y growth:** 29.7% ## 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)