# 2 bedroom apartment for sale (M16 7BU)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 3, 1 ALEXANDRA ROAD, MANCHESTER, GREATER MANCHESTER M16 7BU |
| Price | £155,000 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £119,000 Feb 2017 |

## Description

We are pleased to have for sale, this well presented two bedroom duplex apartment, found on the first floor of the Little Alex development in Hulme, Manchester. The ground floor consists of a an entrance hallway, two double bedrooms, a contemporary bathroom with modern fixtures and fittings, the upper floor is where you will find the stunning kitchen and lounge with wooden flooring and access to the balcony. Secure Allocated Parking Included. Mortgage Buyers Welcome.

**Entrance Hall** - Leads to all rooms

**Bedroom One** - 3.04 x 2.27 (9'11" x 7'5") - Wooden Flooring, double glazed UPVC window, spot lighting, radiator.

**Bedroom Two** - 3.18 x 2.26 (10'5" x 7'4") - Wooden Flooring, double glazed UPVC window, spot lighting, radiator.

**Bathroom** - 2.75 x 2.90 (9'0" x 9'6") - Part tiled bathroom, vinyl flooring, bath with glass shower screen, mixer with shower attachment, fitted mirror, hand wash basin, low level W.C.

**First Floor Landing** - 

**Living/Kitchen** - 4.20 x 4.22 (13'9" x 13'10") - Range of wall and base units with complimentary kitchen worktop, boiler, integrated oven / hob, spot lighting, tiled splash back, electrical power sockets, access to the balcony.

**Externally** - Access to the balcony through the kitchen / lounge. Secure allocated parking.

**Additional Information** - Service Charges £2121.76p

Lease 125 Years From 2005

Ground Rent- £200.00

EPC Rating -B

Council Tax Band - B

Managing Agent - Plum Life

**Agents Note** - To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details.

**Disclaimer** - IMPORTANT NOTE TO PURCHASERS: The lease, ground rent and service charges should all be checked via the solicitors for clarification.  We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as guide to prospective buyers only, and are not precise. If floor plans where included, these may not be to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us.

## Property Photos

- ![Photo](/listings/photos/90305943/932223)
- ![Photo](/listings/photos/90305943/932224)
- ![Photo](/listings/photos/90305943/932225)
- ![Photo](/listings/photos/90305943/932226)
- ![Photo](/listings/photos/90305943/932227)
- ![Photo](/listings/photos/90305943/932228)
- ![Photo](/listings/photos/90305943/932229)
- ![Photo](/listings/photos/90305943/932230)
- ![Photo](/listings/photos/90305943/932231)
- ![Photo](/listings/photos/90305943/932232)
- ![Photo](/listings/photos/90305943/932233)

## Floorplans

- ![Floorplan 1](/listings/photos/90305943/932234) - Floorplan 1

## EPC Graphs

- ![EE Rating](/listings/photos/90305943/932235) - EE Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1 APARTMENT 3 ALEXANDRA ROAD, MANCHESTER, GREATER MANCHESTER, M16 7BU | £119,000 | 17/02/2017 | Flat |
| 1 APARTMENT 3 ALEXANDRA ROAD, MANCHESTER, GREATER MANCHESTER, M16 7BU | £52,500 | 09/05/2016 | 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 BETSHAM STREET, MANCHESTER, GREATER MANCHESTER, M15 5JN | £152,500 | 27/02/2026 | Flat |
| 2 ROOK STREET, MANCHESTER, GREATER MANCHESTER, M15 5PS | £132,500 | 09/12/2025 | Flat |
| QUEENS BREWERY COURT, 46 FLAT 46 MOSS LANE WEST, MANCHESTER, GREATER MANCHESTER, M15 5FB | £105,000 | 05/12/2025 | Flat |
| QUEENS BREWERY COURT, 46 FLAT 39 MOSS LANE WEST, MANCHESTER, GREATER MANCHESTER, M15 5FB | £186,500 | 13/06/2024 | Flat |
| 12B BLANCHARD STREET, MANCHESTER, GREATER MANCHESTER, M15 5PN | £135,000 | 01/12/2023 | Flat |
| QUEENS BREWERY COURT, 46 FLAT 24 MOSS LANE WEST, MANCHESTER, GREATER MANCHESTER, M15 5FB | £125,000 | 01/12/2023 | Flat |
| 18 PLAINSFIELD STREET, MANCHESTER, GREATER MANCHESTER, M16 7HB | £132,000 | 30/11/2023 | Flat |
| 9 BLANCHARD STREET, MANCHESTER, GREATER MANCHESTER, M15 5PX | £238,000 | 28/11/2023 | Flat |
| 10 BETSHAM STREET, MANCHESTER, GREATER MANCHESTER, M15 5JN | £285,000 | 22/08/2023 | Flat |
| 2 APARTMENT 5 ST MARY'S STREET, HULME, MANCHESTER, GREATER MANCHESTER, M15 5RA | £163,000 | 17/03/2023 | Flat |
| 41 ST MARY'S STREET, HULME, MANCHESTER, GREATER MANCHESTER, M15 5WB | £150,000 | 16/12/2022 | Flat |
| 32 ROOK STREET, MANCHESTER, GREATER MANCHESTER, M15 5PS | £300,000 | 16/12/2022 | Flat |
| 73 ALEXANDRA ROAD, MANCHESTER, GREATER MANCHESTER, M16 7HA | £125,000 | 25/11/2022 | Flat |
| POPLAR COURT, 156 APARTMENT 20 MOSS LANE EAST, MANCHESTER, GREATER MANCHESTER, M16 7DH | £170,000 | 25/11/2022 | Flat |
| [Same street] 1 APARTMENT 16 ALEXANDRA ROAD, MANCHESTER, GREATER MANCHESTER, M16 7BU | £91,000 | 08/11/2022 | Flat |
| 2 APARTMENT 8 ST MARY'S STREET, HULME, MANCHESTER, GREATER MANCHESTER, M15 5RA | £225,000 | 28/10/2022 | Flat |
| QUEENS BREWERY COURT, 46 FLAT 59 MOSS LANE WEST, MANCHESTER, GREATER MANCHESTER, M15 5FB | £90,000 | 13/10/2022 | Flat |
| 16 PLAINSFIELD STREET, MANCHESTER, GREATER MANCHESTER, M16 7HB | £113,500 | 05/08/2022 | Flat |
| 1 BETSHAM STREET, MANCHESTER, GREATER MANCHESTER, M15 5JN | £140,000 | 01/08/2022 | Flat |
| 1E BLANCHARD STREET, MANCHESTER, GREATER MANCHESTER, M15 5PX | £134,950 | 18/07/2022 | Flat |
| 2 APARTMENT 7 ST MARYS STREET, HULME, MANCHESTER, GREATER MANCHESTER, M15 5RA | £325,000 | 18/07/2022 | Flat |

**Street average:** £91,000 (1 sale)
**Area average:** £171,398 (20 sales)

## Price vs local average

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

- **Local average:** £188,951 (42 Flat, M16, 2024–2026)
- **Deviation:** -18%

## 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):** £474/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, Stretford Road, M15 | £1,250/mo | 2 | 0.43 miles | OpenRent |

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

## 1% Rule

- **Rent ratio:** 0.81% (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:** 9.7%
- **Cost-to-rent:** 10.3×
- **Monthly cashflow:** £490/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 13.1%

*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).*

## Capital growth trend

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

- **5y growth:** -4%
- **10y growth:** 39.8%

## 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)