# 1 bedroom apartment for sale (M1 1AU) ## Property Details | Key | Value | |-----|-------| | Address | Fully Managed M1 Manchester Investment – 6% Rental Yields \| Long Term Growth Opportunity, M1 1AU | | Price | £160,000 | | Bedrooms | 1 | | Bathrooms | 1 | ## Description "**Fully Managed M1 Manchester Investment – 6% Rental Yields | Long Term Growth Opportunity** A completed Manchester city centre development offering contemporary apartments in one of the UK’s most dynamic urban markets, with immediate access to key employment, retail, and leisure districts. With strong tenant appeal, high-spec interiors, and a proven track record of performance, these centrally located apartments provide an exciting opportunity to invest in quality city property with 6% projected returns. This property is available to buy-to-let investors and owner-occupiers. Enquire today to receive a digital brochure, floor plans, and full breakdown of available apartments. The Investment This completed Manchester city centre development offers investors the potential to earn immediate rental income in a huge market. With 6% projected returns, a strong history of occupancy, and professional management options available, it’s well suited to both first-time and experienced investors seeking a hands-off, income-generating asset. The Location Positioned just moments from Oxford Road station, the development sits at the heart of one of Manchester’s most connected districts. Residents benefit from effortless access to the Northern Quarter, Spinningfields, the Arndale, and major employment hubs across the city, making these apartments particularly attractive to working professionals who prioritise convenience, lifestyle amenities, and excellent transport links. The Apartments Each apartment is finished to a high standard, with fully integrated kitchens, premium flooring, and large windows that maximise natural light. Designed with modern renters in mind, the interiors blend style and practicality to create comfortable, contemporary living spaces that resonate strongly with Manchester’s fast-growing professional tenant base. The Development The development has established a strong reputation for high occupancy rates and dependable rental performance over time. Its central location, premium apartment spec, and proximity to key cultural, retail, and business destinations help support strong rental appeal. Key onsite facilities include: Secure entry system and well-maintained communal areasLift access to main residential floorsDedicated cycle storage for city commutersProximity to gyms, cafes, and everyday amenitiesProfessional building management for smooth day-to-day operation Why Invest? 6% projected rental returns in one of the UK’s most dynamic city centre rental marketsHighly desirable location close to Oxford Road station, the Northern Quarter, Spinningfields, and major employersCompleted development with a strong track record of occupancy and rental performanceHigh-spec apartments designed specifically to appeal to modern urban professionalsHands-off investment structure with professional management options available Enquire now to secure your unit and receive a full investment breakdown." ## Property Photos - ![Photo](/listings/photos/89369466/642303) - ![Photo](/listings/photos/89369466/642304) - ![Photo](/listings/photos/89369466/642305) - ![Photo](/listings/photos/89369466/642306) - ![Photo](/listings/photos/89369466/642307) - ![Photo](/listings/photos/89369466/642308) - ![Photo](/listings/photos/89369466/642309) - ![Photo](/listings/photos/89369466/642310) - ![Photo](/listings/photos/89369466/642311) - ![Photo](/listings/photos/89369466/642312) ## Floorplans - ![Floorplan 1](/listings/photos/89369466/642313) - 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 | |---------|-------|------|------| | 99 APARTMENT 9 OLDHAM STREET, MANCHESTER, GREATER MANCHESTER, M4 1BA | £166,500 | 31/07/2023 | Flat | | 99 APARTMENT 1 OLDHAM STREET, MANCHESTER, GREATER MANCHESTER, M4 1BA | £137,000 | 07/07/2023 | Flat | | SPEAR BUILDING, 53 FLAT 2 SPEAR STREET, MANCHESTER, GREATER MANCHESTER, M1 1DF | £425,000 | 11/05/2023 | Flat | | NORVIC HOUSE, 7 APARTMENT 4 HILTON STREET, MANCHESTER, GREATER MANCHESTER, M4 1LP | £117,500 | 27/01/2023 | Flat | | 99 APARTMENT 8 OLDHAM STREET, MANCHESTER, GREATER MANCHESTER, M4 1BA | £145,000 | 04/11/2022 | Flat | | 35 FLAT 104 HOULDSWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 1EB | £123,000 | 25/07/2022 | Flat | | 35 FLAT G01 HOULDSWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 1EB | £157,500 | 10/03/2022 | Flat | | 119 FLAT A OLDHAM STREET, MANCHESTER, GREATER MANCHESTER, M4 1LN | £135,000 | 09/03/2022 | Flat | | 119 FLAT B OLDHAM STREET, MANCHESTER, GREATER MANCHESTER, M4 1LN | £105,000 | 09/03/2022 | Flat | | SPEAR BUILDING, 53 FLAT 8 SPEAR STREET, MANCHESTER, GREATER MANCHESTER, M1 1DF | £395,000 | 10/02/2022 | Flat | | SPEAR BUILDING, 53 FLAT 1 SPEAR STREET, MANCHESTER, GREATER MANCHESTER, M1 1DF | £195,000 | 10/02/2022 | Flat | | SPEAR BUILDING, 53 FLAT 3 SPEAR STREET, MANCHESTER, GREATER MANCHESTER, M1 1DF | £195,000 | 10/02/2022 | Flat | | SPEAR BUILDING, 53 FLAT 5 SPEAR STREET, MANCHESTER, GREATER MANCHESTER, M1 1DF | £195,000 | 10/02/2022 | Flat | | SPEAR BUILDING, 53 FLAT 7 SPEAR STREET, MANCHESTER, GREATER MANCHESTER, M1 1DF | £200,000 | 10/02/2022 | Flat | | 35 FLAT G02 HOULDSWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 1EB | £195,000 | 12/11/2021 | Flat | **Area average:** £192,433 (15 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £291,831 (53 Flat, M1, 2024–2026) - **Deviation:** -45.2% ## 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 St, M1 | £1,425/mo | 1 | 0.16 miles | OpenRent | | Studio Flat, Henry Street, M4 | £1,995/mo | 1 | 0.17 miles | OpenRent | **Average rent: £1,710/mo (2 listings)** ## 1% Rule - **Rent ratio:** 1.07% (strong) - **Max investor price (0.8%):** £213,750 - **Target investor price (1%):** £171,000 *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 £1,710/mo).* - **Gross yield:** 12.8% - **Cost-to-rent:** 7.8× - **Monthly cashflow:** £884/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 22.9% *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:** -6.1% - **10y growth:** 31.4% ## 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)