# 2 bedroom apartment for sale (M1 5JD)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 132, AXIS TOWER, 9, WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER M1 5JD |
| Price | £245,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | D |
| Last sold | £309,403 Feb 2020 |

## Description

Situated in the heart of Manchester, this modern 21st floor 2-bedroom apartment in Axis Tower offers contemporary city living with impressive views. The open-plan living area is designed with a bright and airy feel, complemented by a fully equipped kitchen with integrated appliances, perfect for easy everyday living. 

This property offers City Views from it's private Juliet balcony in the reception space as well as two very large double bedrooms; an en-suite to the master and separate bathroom suite, as well as extensive hallways storage.

Axis Tower offers a range of premium amenities, including secure entry, concierge service, and a well-maintained communal area. With excellent transport links nearby, this apartment is ideal for anyone looking to live in the heart of the city, whether for work or leisure. Enjoy the convenience of city centre living while being just moments away from key transport routes and local attractions.

Can be sold vacant or with tenant in situe paying £1650 PCM (7.63% gross yield)

Additional Information:

Size - 807 Sq Ft / 75 Sq M

Service Charge - Circa £3096 per annum

Ground Rent - Circa £412 per annum

Leasehold - Circa 120 years remaining

## Property Photos

- ![ (Main)](/listings/photos/163676606/116966) -  (Main)
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## Floorplans

- ![Other](/listings/photos/163676606/116978) - Other

## EPC Graphs

- ![Other](/listings/photos/163676606/116979) - Other

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| AXIS TOWER, 9 FLAT 132 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5JD | £309,403 | 13/02/2020 | 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 |
|---------|-------|------|------|
| 1 APARTMENT 147 JORDAN STREET, MANCHESTER, GREATER MANCHESTER, M15 4QX | £210,000 | 19/12/2025 | Flat |
| THE ROPEWORKS, 35 APARTMENT 37 LITTLE PETER STREET, MANCHESTER, GREATER MANCHESTER, M15 4QJ | £160,000 | 12/12/2025 | Flat |
| THE HACIENDA, 11 - 15 902 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DD | £300,000 | 15/08/2025 | Flat |
| 1 APARTMENT 109 JORDAN STREET, MANCHESTER, GREATER MANCHESTER, M15 4QX | £202,000 | 15/08/2025 | Flat |
| THE HACIENDA, 11 - 15 101 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DB | £250,000 | 31/07/2025 | Flat |
| THE ROPE WORKS, 33 APARTMENT 8 LITTLE PETER STREET, MANCHESTER, GREATER MANCHESTER, M15 4QH | £240,000 | 09/05/2025 | Flat |
| 1 APARTMENT 18 JORDAN STREET, MANCHESTER, GREATER MANCHESTER, M15 4QU | £250,000 | 05/12/2024 | Flat |
| THE ROPEWORKS, 33 APARTMENT 40 LITTLE PETER STREET, MANCHESTER, GREATER MANCHESTER, M15 4QH | £180,000 | 08/11/2023 | Flat |
| BEETHAM TOWER, 301 APARTMENT 3410 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 4LU | £285,000 | 11/09/2023 | Flat |
| THE HACIENDA, 11 - 15 G12 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DE | £160,000 | 08/09/2023 | Flat |
| 1 APARTMENT 75 JORDAN STREET, MANCHESTER, GREATER MANCHESTER, M15 4QU | £210,000 | 25/08/2023 | Flat |
| THE HACIENDA, 11 - 15 G07 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DE | £175,000 | 28/07/2023 | Flat |
| BEETHAM TOWER, 301 APARTMENT 3604 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 4LU | £177,500 | 27/06/2023 | Flat |
| THE HACIENDA, 11 - 15 1101 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DD | £645,000 | 19/06/2023 | Flat |
| THE HACIENDA, 11 - 15 609 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5DE | £180,000 | 02/06/2023 | Flat |
| THE ROPEWORKS, 35 APARTMENT 14 LITTLE PETER STREET, MANCHESTER, GREATER MANCHESTER, M15 4QJ | £138,000 | 24/02/2023 | Flat |
| AXIS TOWER, 9 FLAT 150 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5JD | £267,000 | 20/12/2022 | Flat |
| BEETHAM TOWER, 301 APARTMENT 3006 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 4LT | £280,000 | 09/12/2022 | Flat |
| BEETHAM TOWER, 301 APARTMENT 2506 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 4LT | £265,000 | 09/12/2022 | Flat |
| BEETHAM TOWER, 301 APARTMENT 3401 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 4LU | £160,000 | 09/12/2022 | Flat |

**Area average:** £236,725 (20 sales)

## Price vs local average

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

- **Local average:** £284,273 (50 Flat, M1, 2024–2026)
- **Deviation:** -13.8%

## 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):** £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, The Ropeworks, M15 | £1,600/mo | 2 | 0.06 miles | OpenRent |

**Average rent: £1,600/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.65% (weak for cashflow)
- **Max investor price (0.8%):** £200,000
- **Target investor price (1%):** £160,000

*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 £1,600/mo).*

- **Gross yield:** 7.8%
- **Cost-to-rent:** 12.8×
- **Monthly cashflow:** £450/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 7.6%

*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:** -9.8%
- **10y growth:** 22.7%

## 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)