# 3 bedroom flat for sale (M15 4AY) ## Property Details | Key | Value | |-----|-------| | Address | Stretford Road, MANCHESTER, Lancashire, M15, M15 4AY | | Price | £220,000 | | Bedrooms | 3 | | Bathrooms | 1 | | Council tax | A | | Last sold | £78,000 | ## Description A spacious, modern top floor, three-bedroom duplex apartment in Hulme, offering two balconies, secure parking, and excellent city-centre access, perfect for both first-time buyers and investors. Secure parking within communal gated area and gardens. The property combines contemporary living with convenience and proximity to education and transport hubs, making it a highly desirable investment or residential option. In brief, hallway with storage and spiral staircase, lounge in excess of 19ft with a balcony off, separate modern fitted kitchen, bathroom and bedrooms over two floors with the upper floor bedroom enjoying a second balcony with lovely views of the area. Leasehold 150 years from 1994 Ground Rent only £48 per year Service Charge £213.89 per month Management Company Riverside ## Property Photos - ![pbox-IMG.jpg](/listings/photos/90908259/1387877) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/90908259/1387878) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/90908259/1387879) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/90908259/1387880) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/90908259/1387881) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/90908259/1387882) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/90908259/1387883) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/90908259/1387884) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/90908259/1387885) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/90908259/1387886) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/90908259/1387887) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/90908259/1387888) - pbox-IMG.jpg - ![pbox-IMG.jpg](/listings/photos/90908259/1387889) - pbox-IMG.jpg ## Floorplans - ![pbox-FP.jpg](/listings/photos/90908259/1387890) - pbox-FP.jpg ## EPC Graphs - ![EPC Rating Graph](/listings/photos/90908259/1387891) - EPC Rating Graph ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | [Same street] 355C STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AY | £155,000 | 31/10/2025 | Terraced | | [Same street] 349E STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AY | £180,000 | 04/07/2025 | Flat | | 27 ANCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 5JW | £160,000 | 28/01/2025 | Flat | | 107A CHORLTON ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AR | £50,000 | 06/12/2023 | Flat | | 19A FLAT 5 MALLOW STREET, MANCHESTER, GREATER MANCHESTER, M15 5GE | £160,000 | 31/10/2023 | Flat | | 24B MALLOW STREET, MANCHESTER, GREATER MANCHESTER, M15 5GD | £180,000 | 27/10/2023 | Flat | | [Same street] 359D STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AY | £147,500 | 15/09/2023 | Flat | | 296B STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 5TN | £165,000 | 28/06/2023 | Flat | | 22 YEW STREET, HULME, MANCHESTER, GREATER MANCHESTER, M15 5YW | £157,500 | 26/05/2023 | Flat | | [Same street] 355D STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AY | £193,000 | 02/12/2022 | Flat | | 70 RIBSTON STREET, MANCHESTER, GREATER MANCHESTER, M15 5RJ | £220,000 | 25/11/2022 | Flat | | 89 FLAT 6 RIBSTON STREET, MANCHESTER, GREATER MANCHESTER, M15 5RJ | £155,000 | 03/11/2022 | Flat | | 23 FLAT 1 OLD YORK STREET, HULME, MANCHESTER, GREATER MANCHESTER, M15 5TE | £162,000 | 20/10/2022 | Flat | | [Same street] 363C STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AY | £131,000 | 12/10/2022 | Flat | | [Same street] 345A STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AY | £146,000 | 06/10/2022 | Flat | | 316A STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 5TP | £155,000 | 23/09/2022 | Flat | | [Same street] 345E STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AY | £159,950 | 11/08/2022 | Flat | | 97A CHORLTON ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AP | £140,000 | 29/07/2022 | Flat | | 324D STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 5TP | £140,000 | 13/07/2022 | Flat | | 330A STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 5TP | £161,000 | 10/06/2022 | Flat | | 19A FLAT 5 MALLOW STREET, MANCHESTER, GREATER MANCHESTER, M15 5GE | £136,000 | 21/04/2022 | Flat | | 26A MALLOW STREET, MANCHESTER, GREATER MANCHESTER, M15 5GD | £110,000 | 25/03/2022 | Flat | | 314A STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 5TP | £134,500 | 13/12/2021 | Flat | | [Same street] 351F STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AY | £176,000 | 01/12/2021 | Flat | | 3 SHAWGREEN CLOSE, MANCHESTER, GREATER MANCHESTER, M15 4DR | £122,000 | 29/11/2021 | Flat | | [Same street] 343F STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AY | £125,000 | 11/11/2021 | Flat | | 23A FLAT 5 OLD YORK STREET, HULME, MANCHESTER, GREATER MANCHESTER, M15 5TE | £150,000 | 29/07/2021 | Flat | | 320A STRETFORD ROAD, MANCHESTER, GREATER MANCHESTER, M15 5TP | £132,000 | 23/07/2021 | Flat | **Street average:** £157,050 (9 sales) **Area average:** £146,842 (19 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £238,299 (77 Flat, M15, 2024–2026) - **Deviation:** -7.7% ## 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 Richmond & Hambleton (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £648/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 Detached House, Rolls Crescent, M15 | £3,500/mo | 3 | 0.07 miles | OpenRent | | 3 Bed Flat, Stretford Road, M16 | £3,500/mo | 3 | 0.32 miles | OpenRent | **Average rent: £3,500/mo (2 listings)** ## 1% Rule - **Rent ratio:** 1.59% (strong) - **Max investor price (0.8%):** £437,500 - **Target investor price (1%):** £350,000 *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 £3,500/mo).* - **Gross yield:** 19.1% - **Cost-to-rent:** 5.2× - **Monthly cashflow:** £2,259/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 42.5% *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:** -25.8% - **10y growth:** 22.5% ## 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)