Sold STC Flat

FLAT 306

3 STILLWATER DRIVE, MANCHESTER, GREATER MANCHESTER M11 4TE

2 beds 1 baths 581 sq ft Listed 10 Apr 2026 (-43d)

£150,000

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External

External Living Room Kitchen Bedroom One Bedroom Two Bathroom

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Property details

Tenure

LEASEHOLD

Floor area

54 m²

Council tax band

B

EPC rating

C

Year built

England and Wales: 2003-2006

Last sold

£112,500 Mar 2016

Price per m²

£2,778/m²

Local average

£122,125 (+22.8%)

Deprivation

Decile 3 (7,754 of 33,755)

Street crime

0 incidents within 1 mile (Mar 2026)

Key features

  • Modern Two Bedroom Apartment
  • Popular Development
  • Convenient Location

Additional details

Electricity
Mains supply
Broadband
ADSL copper wire
Water
Mains supply
Sewerage
Mains supply
Heating
Electric
Listed property
No
Restrictions
No
Flooded in last 5 years
No
Flood defences
No

Description

A stylish apartment located in a modern purpose-built block, close to amenities and transport links.

Sought-after location - A superb first time or investment purchase.

Listed by

Heald Green

Main & Main Estate Agents Limited

Reference: 174296285

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 31/03/2026

Current heating cost: £255/year

Potential heating cost: £158/year

Est. upgrade cost to C: £1,800

Recommendations

  • High heat retention storage heaters and dual immersion cylinder (£1,200 - £2,400)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Flat 306, 3 Stillwater Drive, Manchester.jpg

Flat 306, 3 Stillwater Drive, Manchester.jpg

EPC Graphs

EE Rating

EE Rating

Price history

Event Date Price % change
Listed for sale — £150,000 +33.3%
Sold 04/03/2016 (10 years ago) £112,500 —

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
2 APARTMENT 28 THE WATERFRONT, OPENSHAW, MANCHESTER, GREATER MANCHESTER, M11 4AF £165,000 15/12/2025 Flat
6 APARTMENT 11 THE WATERFRONT, MANCHESTER, GREATER MANCHESTER, M11 4AY £122,000 28/11/2025 Flat
5 FLAT 516 STILLWATER DRIVE, MANCHESTER, GREATER MANCHESTER, M11 4TF £90,000 21/11/2025 Flat
5 FLAT 512 STILLWATER DRIVE, MANCHESTER, GREATER MANCHESTER, M11 4TF £132,000 21/11/2025 Flat
5 FLAT 524 STILLWATER DRIVE, MANCHESTER, GREATER MANCHESTER, M11 4TF £133,000 31/10/2025 Flat
2B APARTMENT 8 THE WATERFRONT, OPENSHAW, MANCHESTER, GREATER MANCHESTER, M11 4DB £125,000 10/10/2025 Flat
7 APARTMENT 16 STILLWATER DRIVE, MANCHESTER, GREATER MANCHESTER, M11 4TG £100,000 09/10/2023 Flat
2 APARTMENT 24 THE WATERFRONT, OPENSHAW, MANCHESTER, GREATER MANCHESTER, M11 4AF £135,000 28/07/2023 Flat
7 APARTMENT 13 STILLWATER DRIVE, MANCHESTER, GREATER MANCHESTER, M11 4TG £109,000 05/06/2023 Flat
Same street 3 FLAT 333 STILLWATER DRIVE, MANCHESTER, GREATER MANCHESTER, M11 4TE £140,000 12/05/2023 Flat
Same street 3 FLAT 347 STILLWATER DRIVE, MANCHESTER, GREATER MANCHESTER, M11 4TE £125,000 02/12/2022 Flat
6 APARTMENT 18 THE WATERFRONT, MANCHESTER, GREATER MANCHESTER, M11 4AY £180,000 07/10/2022 Flat
2 APARTMENT 35 THE WATERFRONT, OPENSHAW, MANCHESTER, GREATER MANCHESTER, M11 4AF £175,000 01/09/2022 Flat
Same street 3 FLAT 331 STILLWATER DRIVE, MANCHESTER, GREATER MANCHESTER, M11 4TE £105,000 21/07/2022 Flat
2 APARTMENT 33 THE WATERFRONT, OPENSHAW, MANCHESTER, GREATER MANCHESTER, M11 4AF £161,000 08/07/2022 Flat
2 APARTMENT 24 STUART STREET, MANCHESTER, GREATER MANCHESTER, M11 4DG £120,000 31/05/2022 Flat
5 FLAT 537 STILLWATER DRIVE, MANCHESTER, GREATER MANCHESTER, M11 4TF £87,000 27/05/2022 Flat
6 APARTMENT 29 THE WATERFRONT, MANCHESTER, GREATER MANCHESTER, M11 4AY £172,000 12/04/2022 Flat
2 APARTMENT 15 THE WATERFRONT, OPENSHAW, MANCHESTER, GREATER MANCHESTER, M11 4AF £135,000 15/03/2022 Flat
4 APARTMENT 30 THE WATERFRONT, MANCHESTER, GREATER MANCHESTER, M11 4AU £180,000 11/03/2022 Flat
4 APARTMENT 21 THE WATERFRONT, MANCHESTER, GREATER MANCHESTER, M11 4AU £115,000 09/03/2022 Flat
2 APARTMENT 31 THE WATERFRONT, OPENSHAW, MANCHESTER, GREATER MANCHESTER, M11 4AF £132,000 18/02/2022 Flat
6 APARTMENT 12 THE WATERFRONT, MANCHESTER, GREATER MANCHESTER, M11 4AY £127,500 28/01/2022 Flat

Street average: £123,333 (3 sales)

Area average: £134,775 (20 sales)

Capital growth trend

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

5y growth -21.6%
10y growth 17.2%

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

1y (index) 1.2%
5y (index) 15.9%
10y (index) 61.1%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: MAQ3 LIMITED (16369917)

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: £449/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M11 4TE

Nearby

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

Type Name Distance
Bus stop Alan Turing Way/Gibbon Street 0.1 miles
Bus stop Alan Turing Way/Philips Park Road 0.2 miles
Shop Decathlon 0.2 miles
Shop Timpson 0.2 miles
Train station Ashburys 1.0 miles
Train station Ardwick 1.3 miles
University UCEN Manchester (Shena Simon Campus) 1.8 miles
University University of Law 1.9 miles
Hospital Shiv Lodge Medical Centre 2.1 miles
Hospital The Ailsa Craig Medical Practise 2.2 miles

Street-level crime

Category Count
Total incidents 0

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
Ravensbury Community School Primary 0.2 miles Outstanding — 21 Nov 2017
CofE School of the Resurrection Primary 0.4 miles Good — 13 Feb 2023
Connell Co-Op College Other 0.5 miles — (No rating)
St Brigid's RC Primary School Primary 0.5 miles Good — 9 Jun 2024
The East Manchester Academy Secondary 0.6 miles Requires improvement — 16 Feb 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
2 Bed Flat, The Waterfront, M11 £1,100/mo 2 0.11 miles OpenRent
2 Bed Terraced House, Kenwyn Street, M40 £1,000/mo 2 0.6 miles OpenRent
2 Bed Semi-Detached House, Stokes St, M11 £1,200/mo 2 0.89 miles OpenRent

Average rent: £1,100/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

This street 12.2% gross yield avg £123,333 sale, £1,250/mo rent
Rent ratio 0.73%
Max investor price (0.8%) £137,500
Target investor price (1%) £110,000
Gross yield 8.8%
Cost-to-rent ratio 11.4×
Monthly cashflow £374/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 10.3%
  • This street — Gross yield for this street only (Land Registry sales + rental comparables, same postcode + street).
  • 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).
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