Sold STC Retirement Property

FLAT 3

THE HIGHLANDS, 118, EDGE LANE, MANCHESTER, STRETFORD, GREATER MANCHESTER M32 8PX

2 beds 1 baths 700 sq ft Listed 29 May 2025 (-382d)

£145,000

Offers in Region of

Reduced on 7 Apr 2026

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Property details

Tenure

LEASEHOLD (90 years remaining on lease)

Floor area

65 m²

Council tax band

C

EPC rating

C

Year built

England and Wales: 1983-1990

Last sold

£128,000 Nov 2007

Price per m²

£2,231/m²

Local average

£174,351 (-16.8%)

Deprivation

Decile 5 (15,399 of 33,755)

Street crime

0 incidents within 1 mile (Apr 2026)

Additional details

Parking
Yes

Description

*VIDEO TOUR AVAILABLE* This TWO DOUBLE BEDROOM, ground floor apartment for the over 55’s is situated within this modern, purpose-built development on Edge Lane, opposite Longford Park in Stretford. Within walking distance to both the centre of Chorlton and Stretford, with all its local amenities. Good bus routes and the Metrolink station on your doorstep. This well-planned apartment consists of a private entrance hallway, a double bedroom, a three-piece shower room, a second double bedroom currently being used as a dining room and a spacious lounge leading to a fitted kitchen area. The apartment is warmed by electric heating, has a lift to all floors, 24-hour emergency care line response system, a communal lounge, a kitchen area, a site house manager, communal mature lawned gardens to the rear aspect and off-road parking to the front aspect. OFFERED WITH NO VENDOR CHAIN. Internal inspection is highly recommended.

Externally - Mature and well-maintained lawned communal gardens planted with a variety of shrubs and bushes.

Financial Services - We believe that by introducing our clients to specialist advisors who provide simple, sensible, mortgage & protection advice we can help our clients make fully informed decisions giving them the confidence that they are getting the right deal from the start.

Our partners are committed to offering a tailor-made personal and professional service and aim to exceed expectations on every level, specialising in finding the best mortgage & protection products to suit your particular needs.

If you wish to take the opportunity to speak with our partner advisors at Bespoke Mortgage; Bridget and Mark can be reached on or

Aml - (Anti-Money Laundering). - We are required by law and HMRC guidelines to carry out anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks.

Stamp Duty Land Tax (Sdlt) - You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price when you buy residential property, for example a house or flat.

The amount you pay depends on:

*When you bought the property
*How much you paid for it
*Whether you’re eligible for relief or an exemption
*Use the SDLT calculator to work out how much tax you’ll pay.

Further details available on

Listed by

South Manchester

JP & Brimelow Estate Agents

Reference: 162599228

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 21/05/2025

Expiry date: 20/05/2035

Current heating cost: £622/year

Potential heating cost: £501/year

Est. upgrade cost to C: £5,025

Recommendations

  • Floor insulation (solid floor) (£4,000 - £6,000)
  • Low energy lighting for all fixed outlets (£25)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Flat 3 The Highlands, Edge Lane, Stretford.JPG

Flat 3 The Highlands, Edge Lane, Stretford.JPG

EPC Graphs

EE Rating

EE Rating

Price history

146% since 2000

Event Date Price % change
Sold 16/11/2007 (18 years ago) £128,000 +70.7%
Sold 17/03/2003 (23 years ago) £75,000 +44.2%
Sold 30/06/2000 (25 years ago) £52,000

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
1 KENWOOD COURT, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 8QT £650,000 14/09/2021 Other

Area average: £650,000 (1 sale)

Capital growth trend

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

5y growth -20.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Trafford. Series: All dwelling types. As of March 2026.

1y (index) 0.1%
5y (index) 17.3%
10y (index) 59.5%

Rental Range

Estimated market rent for Trafford. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,223/mo
Realistic £1,359/mo
Optimistic £1,495/mo

Based on Local Authority from postcode lookup → Trafford.

LHA (30th percentile) floor for West Pennine: £449/mo (Apr 2025 – Mar 2026)

Location

Address

The Highlands

Nearby

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

Type Name Distance
Bus stop Longford Park 0.1 miles
Bus stop Alderfield Road 0.1 miles
Shop Cadbury 0.4 miles
Shop Londis 0.5 miles
University University Academy 92 1.0 miles
Train station Trafford Park 1.0 miles
Train station Humphrey Park 1.5 miles
University University of Salford 2.0 miles
Hospital Spire Manchester Hospital 2.2 miles
Hospital Withington Community Hospital 2.4 miles

Street-level crime

Category Count
Total incidents 0

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
Stretford Grammar School Secondary 0.2 miles Good — 14 May 2015
Longford Park School Other 0.2 miles Requires improvement — 9 Jun 2024
St John's RC Primary School Primary 0.5 miles Good — 6 Nov 2019
Chorlton CofE Primary School Primary 0.5 miles (Inspected (no overall grade))
Oswald Road Primary School Primary 0.6 miles Good — 18 Oct 2018

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, Chester Road, M32 £1,250/mo 2 0.49 miles OpenRent

Average rent: £1,250/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.86%
Max investor price (0.8%) £156,250
Target investor price (1%) £125,000
Gross yield 10.3%
Cost-to-rent ratio 9.7×
Monthly cashflow £529/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 15.1%
  • 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).