# 15 bedroom block of apartments for sale (M18 8GD) ## Property Details | Key | Value | |-----|-------| | Address | 11 CONSTABLE STREET, MANCHESTER, GREATER MANCHESTER M18 8GD | | Price | £1,200,000 | | Bedrooms | 15 | | Bathrooms | 9 | | Last sold | £125,000 Nov 2011 | ## Description An exceptional opportunity to acquire a brand-new residential development comprising six self-contained apartments in the sought-after M18 area of Manchester. The development consists of: 3 x Three-Bedroom Apartments 3 x Two-Bedroom Apartments Constructed to a high specification, the scheme offers investors a turnkey residential asset requiring minimal ongoing capital expenditure. Each apartment has been finished with contemporary kitchens, modern bathrooms, quality flooring, and energy-efficient fixtures, creating an attractive proposition for the rental market. Investment Highlights Fully completed new-build development Six high-quality self-contained apartments Mix of 3-bedroom and 2-bedroom units Strong rental demand within the M18 area Low-maintenance investment Energy-efficient construction Excellent opportunity for private investors, portfolio landlords, institutional buyers, or build-to-rent operators ## Property Photos - ![Photo](/listings/photos/90430479/1007006) - ![Photo](/listings/photos/90430479/1007008) - ![Photo](/listings/photos/90430479/1007011) - ![Photo](/listings/photos/90430479/1007013) - ![Photo](/listings/photos/90430479/1007015) - ![Photo](/listings/photos/90430479/1007017) - ![Photo](/listings/photos/90430479/1007019) - ![Photo](/listings/photos/90430479/1007021) - ![Photo](/listings/photos/90430479/1007022) - ![Photo](/listings/photos/90430479/1007023) - ![Photo](/listings/photos/90430479/1007024) - ![Photo](/listings/photos/90430479/1007026) - ![Photo](/listings/photos/90430479/1007027) - ![Photo](/listings/photos/90430479/1007028) - ![Photo](/listings/photos/90430479/1007029) - ![Photo](/listings/photos/90430479/1007032) - ![Photo](/listings/photos/90430479/1007034) - ![Photo](/listings/photos/90430479/1007035) - ![Photo](/listings/photos/90430479/1007037) ## Floorplans - ![Floorplan 1](/listings/photos/90430479/1007039) - Floorplan 1 - ![Floorplan 2](/listings/photos/90430479/1007040) - Floorplan 2 - ![Floorplan 3](/listings/photos/90430479/1007041) - Floorplan 3 - ![Floorplan 4](/listings/photos/90430479/1007042) - Floorplan 4 - ![Floorplan 5](/listings/photos/90430479/1007043) - Floorplan 5 - ![Floorplan 6](/listings/photos/90430479/1007044) - Floorplan 6 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 11 CONSTABLE STREET, MANCHESTER, GREATER MANCHESTER, M18 8GD | £125,000 | 25/11/2011 | Semi-detached | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 41 CONSTABLE STREET, MANCHESTER, GREATER MANCHESTER, M18 8GD | £153,000 | 11/11/2022 | Terraced | | [Same street] 5 CONSTABLE STREET, MANCHESTER, GREATER MANCHESTER, M18 8GD | £140,000 | 29/07/2022 | Terraced | **Street average:** £146,500 (2 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £120,000 (1 Flat, M18, 2024–2026) - **Deviation:** +900% ## Rental Range *ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,217/mo - **Realistic:** £1,352/mo - **Optimistic:** £1,487/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Central Greater Manchester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £1,346/mo ## 1% Rule - **Rent ratio:** 0.11% (weak for cashflow) - **Max investor price (0.8%):** £169,000 - **Target investor price (1%):** £135,200 *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 Area rent estimate.* ## House Price Index (HM Land Registry) *Official index for Manchester; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** -1.4% - **5y growth (index):** 8.8% - **10y growth (index):** 57% ## 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)