# 1 bedroom apartment for sale (M15 4ZD)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 409, 16 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER M15 4ZD |
| Price | £270,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £316,290 Nov 2020 |

## Description

Located within Manchester's iconic New Jackson skyscraper district, Three60 is a landmark 51-storey development redefining modern city living with its striking architecture, premium design, and exceptional lifestyle amenities.

This stylish 1-bedroom apartment is available immediately, fully furnished and accessorised to a high standard. Thoughtful design and quality materials come together to create a refined living space ideal for professionals and first-time buyers. This also represents an excellent investment opportunity, currently generating 7.3% yield!

Inside, you'll find:

- Floor-to-ceiling windows that bring in natural light

- Elegant Herringbone Sardinia Oak laminate flooring in the hallway and living area

- A sleek, fully-fitted kitchen with integrated high-spec appliances

- A spacious double bedroom with built-in storage

- A contemporary, fully tiled bathroom with premium finishes

- Residents enjoy exclusive access to a range of high-end amenities, including:

A state-of-the-art gym and Peloton spin studio

Co-working areas and relaxing resident lounges

A private rooftop terrace for entertaining or unwinding

Three60 offers a new perspective on city-centre luxury-combining beautifully finished interiors, top-tier facilities, and an unbeatable location at the heart of Manchester's newest neighbourhood.

Images are indicative of quality, size and finish and may reflect a different, vacant apartment.

## Property Photos

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## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16 FLAT 409 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £316,290 | 26/11/2020 | 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 |
|---------|-------|------|------|
| CASTLEGATE, 2 FLAT 507 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4QG | £350,000 | 09/01/2026 | Flat |
| CASTLEGATE, 2 FLAT 410 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4QG | £210,000 | 08/01/2026 | Flat |
| 141 FLAT 1901 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £357,000 | 02/12/2025 | Flat |
| 2A FLAT B603 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SB | £430,000 | 20/05/2025 | Flat |
| 141 FLAT 1108 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZF | £429,000 | 06/09/2024 | Flat |
| 16 FLAT 1111 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZE | £420,000 | 18/12/2023 | Flat |
| [Same street] 16 FLAT 902 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £400,000 | 12/12/2023 | Flat |
| MIDDLE WAREHOUSE APARTMENT 412 CASTLE QUAY, MANCHESTER, GREATER MANCHESTER, M15 4NT | £200,500 | 07/12/2023 | Flat |
| 141 FLAT 1512 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £385,000 | 31/10/2023 | Flat |
| 2A FLAT A606 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA | £279,000 | 10/08/2023 | Flat |
| 141 FLAT 1603 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £263,900 | 12/05/2023 | Flat |
| [Same street] 16 FLAT 806 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £295,000 | 12/01/2023 | Flat |
| 16 FLAT 1604 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZE | £570,000 | 06/01/2023 | Flat |
| 141 FLAT 2711 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZH | £420,000 | 21/12/2022 | Flat |
| 16 FLAT 1506 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZE | £282,915 | 05/12/2022 | Flat |
| 141 FLAT 708 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZF | £335,000 | 29/11/2022 | Flat |
| 3 APARTMENT 200 BLANTYRE STREET, MANCHESTER, GREATER MANCHESTER, M15 4EG | £175,000 | 25/11/2022 | Flat |
| 2A FLAT A607 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA | £424,950 | 18/11/2022 | Flat |
| 141 FLAT 1912 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £385,000 | 11/11/2022 | Flat |
| 2A FLAT B1904 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SD | £685,000 | 04/11/2022 | Flat |
| 16 FLAT 1802 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZE | £1,597,000 | 28/10/2022 | Flat |
| [Same street] 16 FLAT 909 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £340,000 | 26/10/2022 | Flat |
| 2A FLAT A506 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA | £254,700 | 19/10/2022 | Flat |
| [Same street] 16 FLAT 101 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £402,000 | 06/07/2022 | Flat |
| [Same street] 16 FLAT 103 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £399,000 | 03/05/2022 | Flat |
| [Same street] 16 FLAT 404 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £320,000 | 31/03/2022 | Flat |
| [Same street] 16 FLAT 711 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £320,331 | 19/01/2022 | Flat |

**Street average:** £353,762 (7 sales)
**Area average:** £422,698 (20 sales)

## Price vs local average

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

- **Local average:** £238,299 (77 Flat, M15, 2024–2026)
- **Deviation:** +13.3%

## 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):** £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 |
|------|------|------|------|------|
| 1 Bed Flat, Silvercroft Street, M15 | £1,400/mo | 1 | 0.01 miles | OpenRent |
| 1 Bed Flat, Silvercroft Street, M15 | £1,550/mo | 1 | 0.04 miles | OpenRent |
| 1 Bed Flat, Manchester, M15 | £1,580/mo | 1 | 0.04 miles | OpenRent |
| 1 Bed Flat, Blantyre Street, M15 | £1,230/mo | 1 | 0.14 miles | OpenRent |
| 1 Bed Flat, Owen Street, M15 | £1,600/mo | 1 | 0.16 miles | OpenRent |
| 1 Bed Flat, Arundel Street, M15 | £1,050/mo | 1 | 0.24 miles | OpenRent |
| 1 Bed Flat, The Box Works, M15 | £2,000/mo | 1 | 0.24 miles | OpenRent |
| 1 Bed Flat, Manchester, M3 | £1,050/mo | 1 | 0.24 miles | OpenRent |
| 1 Bed Flat, Whitworth, M3 | £1,600/mo | 1 | 0.25 miles | OpenRent |
| 1 Bed Flat, Britannia Mills, M15 | £1,100/mo | 1 | 0.32 miles | OpenRent |

**Average rent: £1,416/mo (10 listings)**

## 1% Rule

- **Rent ratio:** 0.55% (weak for cashflow)
- **Max investor price (0.8%):** £184,375
- **Target investor price (1%):** £147,500

*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 £1,475/mo).*

- **Gross yield:** 6.6%
- **Cost-to-rent:** 15.3×
- **Monthly cashflow:** £239/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3.7%

*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)