For sale Flat

APARTMENT 6

JUNCTION WORKS, 40, DUCIE STREET, MANCHESTER, MANCHESTER, GREATER MANCHESTER M1 2DF

1 beds 1 baths Listed 9 Jul 2026 (-68d)

£140,000

Reduced on 27 Aug 2026

Save
Picture No. 01

Picture No. 01 Picture No. 03 Picture No. 07 Picture No. 10 Picture No. 11 Picture No. 16 Picture No. 17

/ 7

Property details

Tenure

LEASEHOLD

Council tax band

TBC

Last sold

£100,000 Apr 2004

Local average

£272,177 (-48.6%)

Deprivation

Decile 6 (20,089 of 33,755)

Street crime

6 incidents within 1 mile (Jul 2026)

Additional details

Electricity
Mains supply
Water
Mains supply
Sewerage
Mains supply
Heating
Electric
Accessibility
Lift access
Listed property
Yes

Description

Junction Works is a Grade II listed converted industrial building located at 40 Ducie Street, Manchester, M1 2DF, within the Piccadilly Basin area on the edge of the Northern Quarter. Originally built in 1829 as William Occleshaw's Lead Mill, this historic four-storey textile mill has been transformed into a boutique residential development consisting of 29 unique apartment
Originally built in 1829 as a lead mill, part of Manchester’s Industrial Revolution.

Located on the lower ground floor and consisting of , hallway with storage, spacious living area including a fitted kitchen with built in appliances, one generous bedroom and a bathroom.

EPC C

Leasehold 150 years froom 2002

Ground Rent £150 PA

Please note that an AML fee is chargeable to the buyer once an offer is accepted to cover the cost of carrying out the required identity and anti-money laundering checks. Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.

Listed by

Manchester

Countrywide UK Sales - Connells

Reference: 90671484

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~3,802 m² (0.94 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

8% since 2002

Event Date Price % change
Listed for sale — £140,000 +40%
Sold 30/04/2004 (22 years ago) £100,000 +7.6%
Sold 23/12/2002 (23 years ago) £92,950 —

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
37 APARTMENT 21 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2AT £262,500 15/12/2025 Flat
JACKSONS WAREHOUSE, 20 APARTMENT 8 TARIFF STREET, MANCHESTER, GREATER MANCHESTER, M1 2FJ £260,000 21/11/2025 Flat
JUTLAND HOUSE, 15 FLAT 22 JUTLAND STREET, MANCHESTER, GREATER MANCHESTER, M1 2BE £200,000 06/10/2025 Flat
8 FLAT 2 WHARF CLOSE, MANCHESTER, GREATER MANCHESTER, M1 2WE £200,000 19/09/2025 Flat
VANTAGE QUAY, 5 APARTMENT 68 BREWER STREET, MANCHESTER, GREATER MANCHESTER, M1 2ER £200,000 08/08/2025 Flat
JACKSONS WAREHOUSE, 20 APARTMENT 11 TARIFF STREET, MANCHESTER, GREATER MANCHESTER, M1 2FJ £165,000 15/07/2025 Flat
JACKSONS WAREHOUSE, 20 APARTMENT 33 TARIFF STREET, MANCHESTER, GREATER MANCHESTER, M1 2FJ £296,500 01/11/2023 Flat
37 APARTMENT 5 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2AT £210,000 18/08/2023 Flat
10 FLAT 3 WHARF CLOSE, MANCHESTER, GREATER MANCHESTER, M1 2WE £220,000 21/04/2023 Flat
NAVIGATION HOUSE, 20 APARTMENT 5 DUCIE STREET, MANCHESTER, GREATER MANCHESTER, M1 2DP £232,000 30/11/2022 Flat
1 FLAT 9 WHARF CLOSE, MANCHESTER, GREATER MANCHESTER, M1 2WE £210,000 02/11/2022 Flat
NAVIGATION HOUSE, 20 APARTMENT 11 DUCIE STREET, MANCHESTER, GREATER MANCHESTER, M1 2DP £190,000 12/08/2022 Flat
JUNCTION HOUSE, 16 APARTMENT 14 JUTLAND STREET, MANCHESTER, GREATER MANCHESTER, M1 2DS £220,000 05/08/2022 Flat
Same street JUNCTION WORKS, 40 APARTMENT 3 DUCIE STREET, MANCHESTER, GREATER MANCHESTER, M1 2DF £185,000 04/08/2022 Flat
NAVIGATION HOUSE, 20 APARTMENT 1 DUCIE STREET, MANCHESTER, GREATER MANCHESTER, M1 2DP £211,000 01/08/2022 Flat
BRIDGE HOUSE, 26 APARTMENT 6 DUCIE STREET, MANCHESTER, GREATER MANCHESTER, M1 2DQ £223,500 08/07/2022 Flat
BRIDGE HOUSE, 26 APARTMENT 25 DUCIE STREET, MANCHESTER, GREATER MANCHESTER, M1 2DQ £242,500 06/07/2022 Flat
39 APARTMENT 46 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2AU £235,000 13/06/2022 Flat
37 APARTMENT 18 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2AT £247,000 29/04/2022 Flat
OXYGEN TOWER, 50 FLAT C701 STORE STREET, MANCHESTER, GREATER MANCHESTER, M1 2FX £370,252 29/04/2022 Flat
OXYGEN TOWER, 50 FLAT C104 STORE STREET, MANCHESTER, GREATER MANCHESTER, M1 2FX £227,151 14/04/2022 Flat

Street average: £185,000 (1 sale)

Area average: £231,120 (20 sales)

Capital growth trend

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

5y growth 14.8%
10y growth 44.7%

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

1y (index) 1.1%
5y (index) 10.9%
10y (index) 57.1%

Rental Range

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

Low £1,229/mo
Realistic £1,365/mo
Optimistic £1,502/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 2DF

Address

40 Ducie Street

Nearby

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

Type Name Distance
Shop Morrisons Daily 0.1 miles
Shop M&S Outlet 0.1 miles
Bus stop Ancoats, Great Ancoats Street / near Ducie Street 0.1 miles
Bus stop Ancoats, Great Ancoats Street / near Rochdale Canal 0.2 miles
Train station Manchester Piccadilly 0.2 miles
University UCEN Manchester (Shena Simon Campus) 0.4 miles
University University of Law 0.4 miles
Train station Manchester Oxford Road 0.7 miles
Hospital The Ailsa Craig Medical Practise 2.0 miles
Hospital Shiv Lodge Medical Centre 2.0 miles

Street-level crime

Category Count
Violence and sexual offences 5
Public order 1
Total incidents 6

Within 1 mile during Jul 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
Co-Op Academy New Islington Primary 0.2 miles Outstanding — 10 Jul 2015
Sol Christian Academy Other 0.5 miles Good — 12 Jun 2024
St Anne's RC Primary School Primary 0.5 miles Good — 10 Jul 2015
The Cooperative College Other 0.6 miles — (No rating)
Digital Advantage Other 0.6 miles — (No rating)

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
Studio Flat, Cobourg Street, M1 £895/mo 1 0.34 miles OpenRent

Average rent: £895/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.64%
Max investor price (0.8%) £111,875
Target investor price (1%) £89,500
Gross yield 7.7%
Cost-to-rent ratio 13×
Monthly cashflow £229/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 6.8%
  • 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).