# 2 bedroom apartment for sale (M3 3AE) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 534, 6 LEFTBANK, MANCHESTER, GREATER MANCHESTER M3 3AE | | Price | £300,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | C | | Last sold | £260,000 Dec 2014 | ## Description Julie Twist Properties are delighted to welcome to the market this beautifully presented apartment in Leftbank - a development situated in the heart of Spinningfields. Positioned on the fifth floor, the apartment boasts incredible water views which can be enjoyed from two private balconies. The apartment offers a spacious living area and a fully fitted kitchen, complete with integrated appliances and breakfast bar. There are two double bedrooms with built-in wardrobes to both, plus an ensuite to the primary bedroom, and a further three-piece bathroom with an additional storage cupboard. The property also comes complete with a secure allocated parking space. Leftbank is a minutes' walk from Deansgate and only a short walk to Castlefield. Situated close to plenty of great restaurants, bars and great transport links in and around the City Centre, this property is in the perfect location for those who want city living and multiple transport links around the city. GENERAL: Rental Yield: 6% (Based on expected rental price of £1500pcm) Service charge is £4288 per annum (this includes Building Insurance) Car Park Service Charge: £180 per annum Ground Rent: £200 per annum Ground Rent Review Period: Doubles every 25 years (capped to comply with legislation), payable half-yearly. Lease: 155 years (less 3 months) from 3 May 2001 Square Footage: 887 sq.ft / 82.4 sq.m Council Tax Band: C Management Company: Rendall & Rittner ## Property Photos - ![IMG_4547](/listings/photos/87920895/1945898) - IMG_4547 - ![IMG_4479](/listings/photos/87920895/1945900) - IMG_4479 - ![IMG_4564](/listings/photos/87920895/1945902) - IMG_4564 - ![IMG_4556](/listings/photos/87920895/1945904) - IMG_4556 - ![IMG_4520](/listings/photos/87920895/1945906) - IMG_4520 - ![IMG_4611](/listings/photos/87920895/1945908) - IMG_4611 - ![IMG_4594](/listings/photos/87920895/1945910) - IMG_4594 - ![Leftbank](/listings/photos/87920895/1945912) - Leftbank - ![IMG_4569](/listings/photos/87920895/1945915) - IMG_4569 - ![IMG_4588](/listings/photos/87920895/1945917) - IMG_4588 - ![IMG_4603](/listings/photos/87920895/1945919) - IMG_4603 - ![IMG_4540](/listings/photos/87920895/1945920) - IMG_4540 - ![IMG_4533](/listings/photos/87920895/1945922) - IMG_4533 - ![IMG_4607](/listings/photos/87920895/1945924) - IMG_4607 - ![IMG_4624](/listings/photos/87920895/1945926) - IMG_4624 - ![IMG_4630](/listings/photos/87920895/1945928) - IMG_4630 - ![IMG_4498](/listings/photos/87920895/1945930) - IMG_4498 - ![IMG_4599](/listings/photos/87920895/1945932) - IMG_4599 - ![IMG_4583](/listings/photos/87920895/1945934) - IMG_4583 - ![IMG_4554](/listings/photos/87920895/1945936) - IMG_4554 ## Floorplans - ![Floorplan](/listings/photos/87920895/1945938) - Floorplan ## EPC Graphs - ![EPC 1](/listings/photos/87920895/1945940) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 6 APARTMENT 534 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AE | £260,000 | 19/12/2014 | 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 | |---------|-------|------|------| | 18 APARTMENT 402 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AJ | £405,000 | 19/12/2025 | Flat | | 29 APARTMENT 2901 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GR | £360,000 | 10/06/2025 | Flat | | 12 APARTMENT 1016 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AH | £295,000 | 30/07/2024 | Flat | | 12 APARTMENT 1013 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AH | £310,000 | 23/02/2024 | Flat | | 12 APARTMENT 1221 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AH | £180,000 | 13/02/2024 | Flat | | 18 APARTMENT 508 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AJ | £255,500 | 20/12/2023 | Flat | | 12 APARTMENT 715 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG | £260,000 | 27/10/2023 | Flat | | 29 APARTMENT 209 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GN | £230,000 | 20/10/2023 | Flat | | 12 APARTMENT 521 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG | £210,000 | 08/09/2023 | Flat | | 29 APARTMENT 1305 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GP | £265,000 | 10/07/2023 | Flat | | 12 APARTMENT 422 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG | £270,000 | 30/06/2023 | Flat | | 6 APARTMENT 1028 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AF | £250,000 | 16/06/2023 | Flat | | 12 APARTMENT 220 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG | £205,000 | 09/06/2023 | Flat | | 12 APARTMENT 1322 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AH | £280,000 | 24/02/2023 | Flat | | 18 APARTMENT 812 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AJ | £290,000 | 10/02/2023 | Flat | | 29 APARTMENT 608 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GN | £265,482 | 22/12/2022 | Flat | | 29 APARTMENT 1010 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GP | £325,023 | 12/12/2022 | Flat | | 29 APARTMENT 1203 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GP | £266,175 | 29/11/2022 | Flat | | 29 APARTMENT 1006 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GP | £339,671 | 25/11/2022 | Flat | | 29 APARTMENT 1905 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GQ | £268,155 | 18/11/2022 | Flat | **Area average:** £276,500 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £283,659 (357 Flat, M3, 2024–2026) - **Deviation:** +5.8% ## Rental Range *ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,222/mo - **Realistic:** £1,358/mo - **Optimistic:** £1,494/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Central Greater Manchester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £873/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 | |------|------|------|------|------| | 2 Bed Flat, Quebec Building, M3 | £1,250/mo | 2 | 0.33 miles | OpenRent | | 2 Bed Flat, Local Blackfriars, M3 | £1,600/mo | 2 | 0.35 miles | OpenRent | **Average rent: £1,425/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.48% (weak for cashflow) - **Max investor price (0.8%):** £178,125 - **Target investor price (1%):** £142,500 *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 £1,425/mo).* - **Gross yield:** 5.7% - **Cost-to-rent:** 17.5× - **Monthly cashflow:** £76/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 1% *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:** -15.9% - **10y growth:** 28.1% ## House Price Index (HM Land Registry) *Official index for Manchester; Flats and maisonettes series; as of May 2026.* - **1y growth (index):** -2% - **5y growth (index):** 9.1% - **10y growth (index):** 56.3% ## 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)