For sale Flat

APARTMENT 51

MACINTOSH MILLS, 4, CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER M1 5GH

1 beds 1 baths 840 sq ft Listed 3 May 2026 (-34d)

£160,000

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# 1 bedroom apartment for sale (M1 5GH)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 51, MACINTOSH MILLS, 4, CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER M1 5GH |
| Price | £160,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Construction age | England and Wales: 2007-2011 |
| Floor area | 78 m² |
| Last sold | £221,000 Oct 2023 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Current heating cost:** £526/year
- **Est. upgrade cost to C:** £2,180

### Recommendations
- E (£25)
- L2 (£1,200 - £1,800)
- Y (£585 - £725)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8791-6626-5140-5343-9996)

## Description

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

DESCRIPTION

This apartment is conveniently situated in central Manchester, in the most high-demand postal area of M1.

The spacious, open-plan apartment is finished to the highest standard with luxury interior fittings and fixtures. Large windows ensure plenty of natural light streaming through the property which has been elegantly decorated. The property comes with private balconies and resident-exclusive amenities.

It's hard to find a more convenient area, as the property is located in Deansgate in the heart of Manchester City Centre. Spinningfields Business District, NOMA, the Northern Quarter, and MediaCityUK are all easily accessible. Residents will benefit from being just a short walk from Manchester Oxford Road station, as well as other central transport hubs such as Deansgate.

This apartment offers a strong buy-to-let investment opportunity offering projected returns of 6%. It is ideally located to target the working professional renter demographic in Manchester. The excellent transport links and convenient proximity to employment hubs such as Spinningfields and MediaCityUK is likely to attract demand from this pool of renters.

This property is also located in an area with strong capital growth potential, with property values in the North West are predicted to increase by 28.8% in just 5 years. Enquire now about this lucrative buy to let investment in an exciting Manchester development.

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

## Property Photos

- ![Photo](/listings/photos/88022976/391572)
- ![Photo](/listings/photos/88022976/391573)
- ![Photo](/listings/photos/88022976/391574)
- ![Photo](/listings/photos/88022976/391575)
- ![Photo](/listings/photos/88022976/391576)
- ![Photo](/listings/photos/88022976/391577)
- ![Photo](/listings/photos/88022976/391578)
- ![Photo](/listings/photos/88022976/391579)
- ![Photo](/listings/photos/88022976/391580)
- ![Photo](/listings/photos/88022976/391581)

## Floorplans

- ![Floorplan 1](/listings/photos/88022976/391582) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| MACINTOSH MILLS, 4 APARTMENT 51 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GH | £221,000 | 30/10/2023 | Flat |
| MACINTOSH MILLS, 4 APARTMENT 51 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GH | £136,010 | 31/03/2009 | 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 |
|---------|-------|------|------|
| LOCKES YARD, 4 APARTMENT 8 GREAT MARLBOROUGH STREET, MANCHESTER, GREATER MANCHESTER, M1 5AL | £272,000 | 31/10/2025 | Flat |
| CHORLTON MILL, 3 205 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BY | £215,000 | 22/08/2025 | Flat |
| CHORLTON MILL, 3 506 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BZ | £415,000 | 16/06/2025 | Flat |
| MACINTOSH MILLS, 4 APARTMENT 42 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GH | £232,500 | 10/11/2023 | Flat |
| CHORLTON MILL, 3 310 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BZ | £170,000 | 17/10/2023 | Flat |
| THE FOUNDRY, 2A APARTMENT 34 LOWER CHATHAM STREET, MANCHESTER, GREATER MANCHESTER, M1 5TF | £285,000 | 29/09/2023 | Flat |
| CHORLTON MILL, 3 414 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BZ | £258,000 | 11/08/2023 | Flat |
| MACINTOSH MILLS, 4 APARTMENT 45 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GH | £425,000 | 31/07/2023 | Flat |
| 1 FLAT 35 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GB | £350,000 | 14/07/2023 | Flat |
| CAMBRIDGE MILL, 5 FLAT 44 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GF | £165,000 | 05/04/2023 | Flat |
| CHORLTON MILL, 3 207 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BY | £250,000 | 17/03/2023 | Flat |
| 1 FLAT 144 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GB | £299,999 | 20/12/2022 | Flat |
| CHORLTON MILL, 3 205 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BY | £215,000 | 16/12/2022 | Flat |
| MACINTOSH MILLS, 4 APARTMENT 12 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GG | £340,000 | 16/12/2022 | Flat |
| LINCOLN PLACE, 7 APARTMENT 6 HULME STREET, MANCHESTER, GREATER MANCHESTER, M1 5GL | £190,250 | 09/12/2022 | Flat |
| 1 APARTMENT 6 RIVER STREET, MANCHESTER, GREATER MANCHESTER, M1 5BB | £233,000 | 23/11/2022 | Flat |
| 1 FLAT 122 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GB | £280,000 | 16/11/2022 | Flat |
| CHORLTON MILL, 3 410 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BZ | £210,000 | 14/11/2022 | Flat |
| LOCKES YARD APARTMENT 34 GREAT MARLBOROUGH STREET, MANCHESTER, GREATER MANCHESTER, M1 5AL | £211,500 | 10/11/2022 | Flat |
| CHORLTON MILL, 3 B3 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BY | £215,000 | 14/10/2022 | Flat |

**Area average:** £261,612 (20 sales)

## Price vs local average

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

- **Local average:** £291,831 (53 Flat, M1, 2024–2026)
- **Deviation:** -45.2%

## 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 |
|------|------|------|------|------|
| 1 Bed Flat, Cambridge Street, M1 | £2,000/mo | 1 | 0.09 miles | OpenRent |
| Studio Flat, Bracken House, M1 | £900/mo | 1 | 0.26 miles | OpenRent |

**Average rent: £1,450/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.91% (okay)
- **Max investor price (0.8%):** £181,250
- **Target investor price (1%):** £145,000

*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 £1,450/mo).*

- **Gross yield:** 10.9%
- **Cost-to-rent:** 9.2×
- **Monthly cashflow:** £650/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 16.8%

*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).*

## Price per Square Metre

- **£/m²:** £2,051/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)

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Property details

Floor area

78 m²

EPC rating

Year built

England and Wales: 2007-2011

Last sold

£221,000 Oct 2023

Price per m²

£2,051/m²

Local average

£291,831 (-45.2%)

Deprivation

Decile 8 (23,815 of 33,755)

Street crime

11 incidents within 1 mile (Mar 2026)

Key features

Luxury Apartment in Prime M1 Postcode
Projected 6% Rental Returns
Private Balcony
Onsite Facilities
28.8% Projected Price Growth by 2028
High Demand Rental Market
Close Proximity to Oxford Road Station
Award-Winning Developer
Onsite Rental Company
Enquire Now to Receive Info Pack and Financial Breakdown

Description

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

DESCRIPTION

This apartment is conveniently situated in central Manchester, in the most high-demand postal area of M1.

The spacious, open-plan apartment is finished to the highest standard with luxury interior fittings and fixtures. Large windows ensure plenty of natural light streaming through the property which has been elegantly decorated. The property comes with private balconies and resident-exclusive amenities.

It's hard to find a more convenient area, as the property is located in Deansgate in the heart of Manchester City Centre. Spinningfields Business District, NOMA, the Northern Quarter, and MediaCityUK are all easily accessible. Residents will benefit from being just a short walk from Manchester Oxford Road station, as well as other central transport hubs such as Deansgate.

This apartment offers a strong buy-to-let investment opportunity offering projected returns of 6%. It is ideally located to target the working professional renter demographic in Manchester. The excellent transport links and convenient proximity to employment hubs such as Spinningfields and MediaCityUK is likely to attract demand from this pool of renters.

This property is also located in an area with strong capital growth potential, with property values in the North West are predicted to increase by 28.8% in just 5 years. Enquire now about this lucrative buy to let investment in an exciting Manchester development.

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

Listed by

Manchester

RW Invest North Ltd

Reference: 88022976

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 17/06/2019

Current heating cost: £526/year

Potential heating cost: £258/year

Est. upgrade cost to C: £2,180

EPC D or below may face future regulation risk. Upgrading to C could improve long-term ROI.

Recommendations

Low energy lighting for all fixed outlets (£25)
High heat retention storage heaters (£1,200 - £1,800)
Heat recovery system for mixer showers (£585 - £725)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

62% since 2009

Event	Date	Price	% change
Listed for sale	—	£160,000	-27.6%
Sold	30/10/2023 (2 years ago)	£221,000	+62.5%
Sold	31/03/2009 (17 years ago)	£136,010	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
LOCKES YARD, 4 APARTMENT 8 GREAT MARLBOROUGH STREET, MANCHESTER, GREATER MANCHESTER, M1 5AL	£272,000	31/10/2025	Flat
CHORLTON MILL, 3 205 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BY	£215,000	22/08/2025	Flat
CHORLTON MILL, 3 506 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BZ	£415,000	16/06/2025	Flat
MACINTOSH MILLS, 4 APARTMENT 42 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GH	£232,500	10/11/2023	Flat
CHORLTON MILL, 3 310 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BZ	£170,000	17/10/2023	Flat
THE FOUNDRY, 2A APARTMENT 34 LOWER CHATHAM STREET, MANCHESTER, GREATER MANCHESTER, M1 5TF	£285,000	29/09/2023	Flat
CHORLTON MILL, 3 414 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BZ	£258,000	11/08/2023	Flat
MACINTOSH MILLS, 4 APARTMENT 45 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GH	£425,000	31/07/2023	Flat
1 FLAT 35 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GB	£350,000	14/07/2023	Flat
CAMBRIDGE MILL, 5 FLAT 44 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GF	£165,000	05/04/2023	Flat
CHORLTON MILL, 3 207 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BY	£250,000	17/03/2023	Flat
1 FLAT 144 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GB	£299,999	20/12/2022	Flat
CHORLTON MILL, 3 205 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BY	£215,000	16/12/2022	Flat
MACINTOSH MILLS, 4 APARTMENT 12 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GG	£340,000	16/12/2022	Flat
LINCOLN PLACE, 7 APARTMENT 6 HULME STREET, MANCHESTER, GREATER MANCHESTER, M1 5GL	£190,250	09/12/2022	Flat
1 APARTMENT 6 RIVER STREET, MANCHESTER, GREATER MANCHESTER, M1 5BB	£233,000	23/11/2022	Flat
1 FLAT 122 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5GB	£280,000	16/11/2022	Flat
CHORLTON MILL, 3 410 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BZ	£210,000	14/11/2022	Flat
LOCKES YARD APARTMENT 34 GREAT MARLBOROUGH STREET, MANCHESTER, GREATER MANCHESTER, M1 5AL	£211,500	10/11/2022	Flat
CHORLTON MILL, 3 B3 CAMBRIDGE STREET, MANCHESTER, GREATER MANCHESTER, M1 5BY	£215,000	14/10/2022	Flat

Area average: £261,612 (20 sales)

Capital growth trend

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

5y growth -5.4%

10y growth 34%

House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of March 2026.

1y (index) -1.4%

5y (index) 9.1%

10y (index) 58.9%

Rental Range

Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,214/mo

Realistic £1,349/mo

Optimistic £1,484/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for West Pennine: £399/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M1 5GH

Address

4 Cambridge Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Manchester City Centre, Cambridge Street / near Hulme Street	0.1 miles
Bus stop	Manchester City Centre, Cambridge Street / near Chester Street	0.1 miles
Shop	ASDA Express	0.1 miles
Shop	Budget Stores	0.1 miles
Train station	Manchester Oxford Road	0.1 miles
University	Manchester Metropolitan University – All Saints Campus	0.3 miles
University	Manchester Metropolitan University	0.3 miles
Train station	Deansgate	0.3 miles
Hospital	Manchester Royal Infirmary	1.0 miles
Hospital	Plymouth Grove Medical Centre	1.0 miles

Street-level crime

Category	Count
Violence and sexual offences	6
Other theft	3
Theft from the person	2
Total incidents	11

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
The Manchester Metropolitan University	Other	0.2 miles	— (No rating)
St Philip's Church of England Primary School	Primary	0.2 miles	Good — 5 Feb 2014
Royal Northern College of Music	Other	0.4 miles	— (No rating)
Martenscroft Nursery School & Children's Centre	Nursery	0.4 miles	Outstanding — 22 Jul 2024
St Wilfrid's RC Primary School	Primary	0.4 miles	Good — 25 Jun 2023

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
1 Bed Flat, Cambridge Street, M1	£2,000/mo	1	0.09 miles	OpenRent
Studio Flat, Bracken House, M1	£900/mo	1	0.26 miles	OpenRent

Average rent: £1,450/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.91%

Max investor price (0.8%) £181,250

Target investor price (1%) £145,000

Gross yield 10.9%

Cost-to-rent ratio 9.2×

Monthly cashflow £650/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 16.8%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus 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).