# 2 bedroom retirement property for sale (M32 8PX)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 3, THE HIGHLANDS, 118, EDGE LANE, MANCHESTER, STRETFORD, GREATER MANCHESTER M32 8PX |
| Price | £145,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | C |
| Construction age | England and Wales: 1983-1990 |
| Floor area | 65 m² |
| Last sold | £128,000 Nov 2007 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 20/05/2035
- **Current heating cost:** £622/year
- **Est. upgrade cost to C:** £5,025

### Recommendations
- W2 (£4,000 - £6,000)
- E (£25)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2338-1014-1150-0592-8712)

## 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

## Property Photos

- ![DSC05194.jpg](/listings/photos/162599228/114709) - DSC05194.jpg
- ![DSC05181.jpg](/listings/photos/162599228/114710) - DSC05181.jpg
- ![DSC05168.jpg](/listings/photos/162599228/114711) - DSC05168.jpg
- ![DSC05135.jpg](/listings/photos/162599228/114712) - DSC05135.jpg
- ![DSC05146.jpg](/listings/photos/162599228/114713) - DSC05146.jpg
- ![DSC05184.jpg](/listings/photos/162599228/114714) - DSC05184.jpg
- ![DSC05165-2.jpg](/listings/photos/162599228/114715) - DSC05165-2.jpg
- ![DSC05155.jpg](/listings/photos/162599228/114716) - DSC05155.jpg
- ![DSC02769.jpg](/listings/photos/162599228/114717) - DSC02769.jpg
- ![Cap Coffee.jpg](/listings/photos/162599228/114718) - Cap Coffee.jpg
- ![Longford Park.jpg](/listings/photos/162599228/114719) - Longford Park.jpg
- ![Longford Park (2).JPG](/listings/photos/162599228/114720) - Longford Park (2).JPG
- ![Longford Park Cafe.JPG](/listings/photos/162599228/114721) - Longford Park Cafe.JPG
- ![Stretford Mall.JPG](/listings/photos/162599228/114722) - Stretford Mall.JPG
- ![Stretford Met.JPG](/listings/photos/162599228/114723) - Stretford Met.JPG

## Floorplans

- ![Flat 3 The Highlands, Edge Lane, Stretford.JPG](/listings/photos/162599228/114724) - Flat 3 The Highlands, Edge Lane, Stretford.JPG

## EPC Graphs

- ![EE Rating](/listings/photos/162599228/114725) - EE Rating

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| THE HIGHLANDS, 118 FLAT 3 EDGE LANE, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 8PX | £128,000 | 16/11/2007 | Flat |
| THE HIGHLANDS, 118 FLAT 3 EDGE LANE, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 8PX | £75,000 | 17/03/2003 | Terraced |
| THE HIGHLANDS, 118 FLAT 3 EDGE LANE, STRETFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M32 8PX | £52,000 | 30/06/2000 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £174,351 (8 Other, M32, 2024–2026)
- **Deviation:** -16.8%

## Rental Range

*ONS Price Index of Private Rents (Trafford). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,223/mo
- **Realistic:** £1,359/mo
- **Optimistic:** £1,495/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £449/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, Chester Road, M32 | £1,250/mo | 2 | 0.49 miles | OpenRent |

**Average rent: £1,250/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.86% (okay)
- **Max investor price (0.8%):** £156,250
- **Target investor price (1%):** £125,000

*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 £1,250/mo).*

- **Gross yield:** 10.3%
- **Cost-to-rent:** 9.7×
- **Monthly cashflow:** £529/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 15.1%

*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).*

## Price per Square Metre

- **£/m²:** £2,231/m²

## Capital growth trend

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

- **5y growth:** -20.8%

## House Price Index (HM Land Registry)

*Official index for Trafford; All dwelling types series; as of March 2026.*

- **1y growth (index):** 0.1%
- **5y growth (index):** 17.3%
- **10y growth (index):** 59.5%

## 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)