# 2 bedroom apartment for sale (M1 7FU)

## Property Details

| Key | Value |
|-----|-------|
| Address | Circle Square, Nobel Way, Manchester, M1, M1 7FU |
| Price | £392,807 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | TBC |

## Description

Located in the sought-after M1 postcode, Vita Living Circle Square enjoys a prime position in central Manchester, just a 7-minute walk from the University of Manchester and moments from Oxford Road train station. With the city retaining 51% of its graduates, the development is especially popular among young professionals seeking high-quality, city-centre living.

Key Details:

- Already tenanted luxury apartments – studios, 1, 2 & 3 bedrooms

- Fully furnished with premium finishes

- Prime location: Oxford Road corridor, surrounded by universities, tech hubs & cultural landmarks

- High yields: 6.5–7% rental return

- Exceptional occupancy: 98% rate with just 11-day average void

- Flexible payment plan: 10% deposit, balance in August 2026

Vita Living Circle Square offers a lifestyle defined by convenience and quality, with a range of unrivalled amenities designed for modern city living. Residents can enjoy the rooftop urban garden and outdoor cinema, unwind in private dining rooms, or take in panoramic city views from the 15th-floor terrace. For professionals and remote workers, the development features one of Manchester’s largest co-working lounges, complete with bookable work pods and collaborative social spaces.

Ideally located just steps from the University of Manchester, Symphony Park, and major transport links, the development places residents at the heart of the city’s vibrant cultural and educational hub. Cafés, bars, and green spaces are all on the doorstep, while Piccadilly Station is just a 15-minute walk away, and Manchester Airport can be reached in 20 minutes.

This makes Vita Living Circle Square a perfect choice for young professionals and postgraduate students seeking high-end accommodation, as well as for investors looking for strong rental yields and minimal void periods.

Enquire today to access full availability and more details.

## Property Photos

- ![SelectProperty-CircleSquare(28).jpg](/listings/photos/91308987/1684233) - SelectProperty-CircleSquare(28).jpg
- ![SelectProperty-CircleSquare(55).jpg](/listings/photos/91308987/1684234) - SelectProperty-CircleSquare(55).jpg
- ![SelectProperty-CircleSquare(44).jpg](/listings/photos/91308987/1684235) - SelectProperty-CircleSquare(44).jpg
- ![SelectProperty-CircleSquare(64).jpg](/listings/photos/91308987/1684236) - SelectProperty-CircleSquare(64).jpg
- ![SelectProperty-CircleSquare(48).jpg](/listings/photos/91308987/1684237) - SelectProperty-CircleSquare(48).jpg
- ![SelectProperty-CircleSquare(56).jpg](/listings/photos/91308987/1684238) - SelectProperty-CircleSquare(56).jpg
- ![SelectProperty-CircleSquare(35).jpg](/listings/photos/91308987/1684239) - SelectProperty-CircleSquare(35).jpg
- ![SelectProperty-CircleSquare(17).jpg](/listings/photos/91308987/1684240) - SelectProperty-CircleSquare(17).jpg
- ![SelectProperty-CircleSquare(16).jpg](/listings/photos/91308987/1684241) - SelectProperty-CircleSquare(16).jpg

## Floorplans

- ![VL801.jpg](/listings/photos/91308987/1684242) - VL801.jpg

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| OXFORD PLACE, 7 FLAT 22 OXFORD ROAD, MANCHESTER, GREATER MANCHESTER, M1 6EY | £395,500 | 10/06/2022 | Flat |
| OXFORD PLACE, 7 FLAT 9 OXFORD ROAD, MANCHESTER, GREATER MANCHESTER, M1 6EY | £250,000 | 16/12/2021 | Flat |
| OXFORD PLACE, 7 FLAT 1 OXFORD ROAD, MANCHESTER, GREATER MANCHESTER, M1 6EY | £260,000 | 26/11/2021 | Flat |
| OXFORD PLACE, 7 FLAT 2 OXFORD ROAD, MANCHESTER, GREATER MANCHESTER, M1 6EY | £236,000 | 24/09/2021 | Flat |
| MONTANA HOUSE, 136 APARTMENT 4 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 7AF | £160,000 | 23/09/2021 | Flat |

**Area average:** £260,300 (5 sales)

## Price vs local average

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

- **Local average:** £268,224 (61 Flat, M1, 2024–2026)
- **Deviation:** +46.4%

## Rental Range

*ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,222/mo
- **Realistic:** £1,358/mo
- **Optimistic:** £1,494/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, Oxford Road, M1 | £1,550/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Flat, Asia House, M1 | £1,495/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Flat, Stanlo House, M1 | £1,150/mo | 2 | 0.11 miles | OpenRent |
| 2 Bed Flat, Granby Row, M1 | £1,795/mo | 2 | 0.13 miles | OpenRent |
| 2 Bed Flat, The Quadrangle, M1 | £1,650/mo | 2 | 0.14 miles | OpenRent |
| 2 Bed Flat, Whitworth Street West, M1 | £1,420/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Whitworth Street West, M1 | £1,275/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, Whitworth Street West, M1 | £1,550/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, Whitworth Street West, M1 | £1,550/mo | 2 | 0.21 miles | OpenRent |

**Average rent: £1,493/mo (9 listings)**

## 1% Rule

- **Rent ratio:** 0.39% (weak for cashflow)
- **Max investor price (0.8%):** £193,750
- **Target investor price (1%):** £155,000

*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 £1,550/mo).*

- **Gross yield:** 4.7%
- **Cost-to-rent:** 21.1×
- **Monthly cashflow:** £-177/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -1.9%

*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:** -0.7%
- **10y growth:** 25.6%

## House Price Index (HM Land Registry)

*Official index for Manchester; Flats and maisonettes series; as of May 2026.*

- **1y growth (index):** -2%
- **5y growth (index):** 9.1%
- **10y growth (index):** 56.3%

## 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)