# 1 bedroom apartment for sale (M1 5EB)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 322, 51 WHITWORTH STREET WEST, MANCHESTER, MANCHESTER, GREATER MANCHESTER M1 5EB |
| Price | £170,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Construction age | England and Wales: 1996-2002 |
| Floor area | 46 m² |
| Last sold | £130,000 Feb 2006 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Current heating cost:** £114/year
- **Est. upgrade cost to C:** £1,000

### Recommendations
- High heat retention storage heaters (£800 - £1,200)

## Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

Completed - Earn Rental Income from Day 1!

DESCRIPTION

Introducing a modern new development in Manchester, offering 6% rental yields and designed with high-spec fixtures and finishings. Located in a £1 billion regeneration zone in the popular M5 postcode, this property investment opportunity offers excellent capital growth potential in a prime waterfront location. 

Developed by a leading UK property developer, the project features fantastic onsite facilities, including car parking, bicycle storage, and top-tier amenities such as a gym and resident's lounge. An onsite rental company ensures a hands-off investment experience, making this development a perfect choice for investors looking for quality, convenience, and strong returns.

With high tenant demand and a predicted 28.8% capital growth by 2028, Greater Manchester is one of the UK's best places to invest in property. This development is ideally located in Manchester's Salford area, with proximity to popular spots such as MediaCityUK making this a great investment for anyone looking to target the city's young professional market. 

Enquire Today to Receive Floor Plans, Info Pack & Full Investment Breakdown!"

## Property Photos

- ![Photo](/listings/photos/173146736/64841)
- ![Photo](/listings/photos/173146736/64842)
- ![Photo](/listings/photos/173146736/64844)
- ![Photo](/listings/photos/173146736/64846)
- ![Photo](/listings/photos/173146736/64848)
- ![Photo](/listings/photos/173146736/64850)
- ![Photo](/listings/photos/173146736/64852)

## Floorplans

- ![Floorplan 1](/listings/photos/173146736/64853) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 51 APARTMENT 322 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5EB | £130,000 | 03/02/2006 | Flat |
| 51 APARTMENT 322 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5EB | £117,000 | 24/05/2002 | 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 |
|---------|-------|------|------|
| 51 APARTMENT 408 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5EB | £202,500 | 07/01/2026 | Flat |
| 51 APARTMENT 112 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5EA | £315,000 | 19/12/2025 | Flat |
| 51 APARTMENT 105 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5EA | £200,000 | 14/01/2025 | Flat |
| 51 APARTMENT 817 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5ED | £475,000 | 30/05/2023 | Flat |
| 88 FLAT 18 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £186,000 | 16/08/2022 | Flat |
| THE LOCK BUILDING, 41 APARTMENT 618 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5BE | £265,000 | 24/06/2022 | Flat |
| 51 APARTMENT 316 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5EB | £250,000 | 27/05/2022 | Flat |
| THE LOCK BUILDING, 41 APARTMENT 808 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5BE | £190,000 | 21/04/2022 | Flat |
| 51 APARTMENT 313 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5EB | £210,000 | 21/12/2021 | Flat |
| THE LOCK BUILDING, 41 APARTMENT 908 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5BE | £270,000 | 11/10/2021 | Flat |
| 88 FLAT 15 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £240,000 | 30/09/2021 | Flat |
| 51 APARTMENT 823 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5ED | £400,000 | 25/06/2021 | Flat |

**Area average:** £266,958 (12 sales)

## Price vs local average

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

- **Local average:** £291,831 (53 Flat, M1, 2024–2026)
- **Deviation:** -41.7%

## 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):** £399/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 |
|------|------|------|------|------|
| Studio Flat, Bracken House, M1 | £750/mo | 1 | 0.15 miles | OpenRent |
| 1 Bed Flat, Lancaster House, M1 | £990/mo | 1 | 0.16 miles | OpenRent |
| 1 Bed Flat, City Heights, M1 | £1,050/mo | 1 | 0.22 miles | OpenRent |
| Studio Flat, Sir Howard Bernstein Approach, M15 | £1,582/mo | 1 | 0.22 miles | OpenRent |
| 1 Bed Flat, Princess Street, M1 | £1,000/mo | 1 | 0.23 miles | OpenRent |
| 1 Bed Flat, Jordan Street, M15 | £1,300/mo | 1 | 0.35 miles | OpenRent |
| Studio Flat, John Dalton St, M2 | £1,340/mo | 1 | 0.43 miles | OpenRent |

**Average rent: £1,145/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 0.62% (weak for cashflow)
- **Max investor price (0.8%):** £131,250
- **Target investor price (1%):** £105,000

*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 £1,050/mo).*

- **Gross yield:** 7.4%
- **Cost-to-rent:** 13.5×
- **Monthly cashflow:** £251/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 6.1%

*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:** £3,696/m²

## Capital growth trend

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

- **5y growth:** -5.4%
- **10y growth:** 34%

## 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)