# 3 bedroom flat for sale (M4 1DZ) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 1, 14 TURNER STREET, MANCHESTER, GREATER MANCHESTER M4 1DZ | | Price | £600,000 | | Bedrooms | 3 | | Bathrooms | 3 | | Council tax | D | | Last sold | £510,000 Dec 2018 | ## Description A centrally modern light filled penthouse apartment located in the vibrant heart of the Northern Quarter, with a selection of bars, shops and restaurants all within walking distance. Currently run as a holiday let, the apartment can be sold as an Airbnb business with all contents included if desired, with a current turnover of £51,092 per annum. The triplex penthouse apartment is over 3 floors and boasts high ceilings, open plan living, exposed brick, 3 bedrooms, 2 living areas, 3 bathrooms, and a large private south facing rooftop terrace. The entrance opens onto the open plan living space which is generously sized and impressive with exposed brick and floor to ceiling windows. The open plan kitchen includes an electric oven and hob, an integrated fridge, freezer and dishwasher. This floor also has a utility room including a toilet and wash basin and two large under stair storage cupboards. The large master ensuite bedroom is located on the first floor. The ensuite includes a dressing room with hanging space and storage, a wash hand basin and a heated towel rail. The shower room and toilet are accessed via a frosted glass sliding door. Across the landing is the second ensuite bedroom which is located at the back of the property. The ensuite bathroom is accessed via sliding doors and is fitted with a wash basin with mirror, toilet, walk-in shower and heated towel rail. The main bathroom features a white suite and comprises a shower over bath, toilet, wash basin, large wall mounted mirror and heated towel rail. There is a work space for two on the first floor, perfect for people wanting to work from home. Frosted glass stairs lead up to the top floor where you’ll find the third bedroom, an additional living and the rooftop terrace. Bedroom 3 is full of natural light and boasts beautiful full height feature windows. The second living area is also generously sized. The light well feature, exposed brick and high ceilings adds to the rooms unique character. The terrace is accessed via the patio doors from the living room. It includes an outdoor storage shed with plenty of space. The building comprises an apartment on the first floor and the penthouse apartment on the second floor, both accessed by a private entrance at street level. The ground floor space is occupied by a small established restaurant with its own entrance. There is no lift in the building. The apartment is leasehold. However the owner is the freeholder for the whole building which will be included in the sale.  The Council tax band is D. **ENQUIRIES** For all enquiries, viewing requests or to create your own listing please visit the Emoov website. If calling, please quote reference: S5972 ## Property Photos - ![Photo](/listings/photos/90665094/1245782) - ![Photo](/listings/photos/90665094/1245783) - ![Photo](/listings/photos/90665094/1245784) - ![Photo](/listings/photos/90665094/1245785) - ![Photo](/listings/photos/90665094/1245786) - ![Photo](/listings/photos/90665094/1245787) - ![Photo](/listings/photos/90665094/1245788) - ![Photo](/listings/photos/90665094/1245790) - ![Photo](/listings/photos/90665094/1245792) - ![Photo](/listings/photos/90665094/1245794) - ![Photo](/listings/photos/90665094/1245795) - ![Photo](/listings/photos/90665094/1245797) - ![Photo](/listings/photos/90665094/1245799) - ![Photo](/listings/photos/90665094/1245800) - ![Photo](/listings/photos/90665094/1245803) - ![Photo](/listings/photos/90665094/1245805) - ![Photo](/listings/photos/90665094/1245807) - ![Photo](/listings/photos/90665094/1245809) - ![Photo](/listings/photos/90665094/1245811) ## Floorplans - ![Floorplan](/listings/photos/90665094/1245813) - Floorplan ## EPC Graphs - ![Energy Performance Certificate](/listings/photos/90665094/1245816) - Energy Performance Certificate ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 14 FLAT 1 TURNER STREET, MANCHESTER, GREATER MANCHESTER, M4 1DZ | £510,000 | 19/12/2018 | Flat | | 14 FLAT 1 TURNER STREET, MANCHESTER, GREATER MANCHESTER, M4 1DZ | £365,000 | 04/05/2007 | 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 | |---------|-------|------|------| | 11 - 21 FLAT 16 TURNER STREET, MANCHESTER, GREATER MANCHESTER, M4 1DY | £225,000 | 07/07/2025 | Flat | | 11 - 21 FLAT 24 TURNER STREET, MANCHESTER, GREATER MANCHESTER, M4 1DY | £235,000 | 18/12/2023 | Flat | | 18 APARTMENT 54 CHURCH STREET, MANCHESTER, GREATER MANCHESTER, M4 1PN | £115,000 | 17/11/2023 | Flat | | 25 FLAT 402 CHURCH STREET, MANCHESTER, GREATER MANCHESTER, M4 1PE | £247,500 | 29/09/2023 | Flat | | TRANSMISSION HOUSE, 11 FLAT 612 TIB STREET, MANCHESTER, GREATER MANCHESTER, M4 1AF | £262,500 | 19/06/2023 | Flat | | 25 FLAT 608 CHURCH STREET, MANCHESTER, GREATER MANCHESTER, M4 1PE | £282,000 | 26/05/2023 | Flat | | 12 APARTMENT 205 THOMAS STREET, MANCHESTER, GREATER MANCHESTER, M4 1DH | £320,000 | 06/04/2023 | Flat | | 18 APARTMENT 38 CHURCH STREET, MANCHESTER, GREATER MANCHESTER, M4 1PN | £185,000 | 22/12/2022 | Flat | | 25 FLAT 111 CHURCH STREET, MANCHESTER, GREATER MANCHESTER, M4 1PE | £300,000 | 21/12/2022 | Flat | | 11 - 21 FLAT 2 TURNER STREET, MANCHESTER, GREATER MANCHESTER, M4 1DY | £180,000 | 14/12/2022 | Flat | | 18 APARTMENT 53 CHURCH STREET, MANCHESTER, GREATER MANCHESTER, M4 1PN | £277,000 | 06/12/2022 | Flat | | 11 - 21 FLAT 3 TURNER STREET, MANCHESTER, GREATER MANCHESTER, M4 1DY | £161,000 | 09/11/2022 | Flat | | 56 FLAT 17 HIGH STREET, MANCHESTER, GREATER MANCHESTER, M4 1ED | £120,000 | 21/10/2022 | Flat | | 56 FLAT 4 HIGH STREET, MANCHESTER, GREATER MANCHESTER, M4 1ED | £107,000 | 13/09/2022 | Flat | | 18 APARTMENT 34 CHURCH STREET, MANCHESTER, GREATER MANCHESTER, M4 1PN | £216,000 | 08/09/2022 | Flat | | 18 APARTMENT 3 CHURCH STREET, MANCHESTER, GREATER MANCHESTER, M4 1PN | £145,000 | 30/08/2022 | Flat | | 23 FLAT 25 CHURCH STREET, MANCHESTER, GREATER MANCHESTER, M4 1PY | £181,000 | 23/08/2022 | Flat | | [Same street] 22 FLAT 2 TURNER STREET, MANCHESTER, GREATER MANCHESTER, M4 1DZ | £211,500 | 21/07/2022 | Flat | | 25 FLAT 202 CHURCH STREET, MANCHESTER, GREATER MANCHESTER, M4 1PE | £300,000 | 01/07/2022 | Flat | | 18 APARTMENT 55 CHURCH STREET, MANCHESTER, GREATER MANCHESTER, M4 1PN | £120,000 | 11/03/2022 | Flat | | [Same street] 22 FLAT 3 TURNER STREET, MANCHESTER, GREATER MANCHESTER, M4 1DZ | £210,000 | 08/03/2022 | Flat | | 25 FLAT 112 CHURCH STREET, MANCHESTER, GREATER MANCHESTER, M4 1PE | £169,000 | 11/02/2022 | Flat | **Street average:** £210,750 (2 sales) **Area average:** £207,400 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £265,436 (78 Flat, M4, 2024–2026) - **Deviation:** +126% ## 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 East Lancs (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £593/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 | |------|------|------|------|------| | 3 Bed Flat, Lever St, M1 | £2,200/mo | 3 | 0.17 miles | OpenRent | | 3 Bed Flat, Tib St, M4 | £4,000/mo | 3 | 0.17 miles | OpenRent | **Average rent: £3,100/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.52% (weak for cashflow) - **Max investor price (0.8%):** £387,500 - **Target investor price (1%):** £310,000 *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 £3,100/mo).* - **Gross yield:** 6.2% - **Cost-to-rent:** 16.1× - **Monthly cashflow:** £402/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 2.8% *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:** -21.5% - **10y growth:** 28% ## 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)