# 1 bedroom apartment for sale (M1 7DA)

## Property Details

| Key | Value |
|-----|-------|
| Address | Manchester City Centre Homes, M1 7DA |
| Price | £310,150 |
| Bedrooms | 1 |
| Bathrooms | 1 |

## Description

NEWLY Completed in Manchester City Centre.

Major Advantages:

- Ready to move in / rent out

- Great convenience

- Excellent public transportation

- Strong resale market

- Great growth / rental potential

Everything You Need:

Manchester City Centre sits beside the University of Manchester and the Arndale Centre, acting as the city's cultural, retail and transport heart — ideal for residents seeking vibrant, walkable urban living.

Completed apartments are ready to move into, offering fully fitted kitchens, contemporary bathrooms, concierge services and communal amenities (subject to the specific unit). The development is close to restaurants, theatres and green spaces for an effortless city lifestyle.

Properties Available for You:

We offer studio, 1, 2 and 3 bed completed apartments in Manchester City Centre. Units are finished to modern standards, fully fitted, and available for immediate viewings — ideal for buyers seeking a convenient city lifestyle rather than an investment project.

How can we help?

Rothmore Property supports buyers with mortgage introductions, tailored area tours, conveyancing contacts and practical moving advice. We help you settle into your new Manchester home with confidence and minimal hassle.

Get a QUICK response from us – Enquire now.

## Property Photos

- ![IMG_3660.jpeg](/listings/photos/172870505/92302) - IMG_3660.jpeg
- ![IMG_3642 2.jpeg](/listings/photos/172870505/92303) - IMG_3642 2.jpeg
- ![IMG_3684.jpeg](/listings/photos/172870505/92304) - IMG_3684.jpeg
- ![IMG_3638 2.jpeg](/listings/photos/172870505/92305) - IMG_3638 2.jpeg
- ![IMG_3636 2.jpeg](/listings/photos/172870505/92306) - IMG_3636 2.jpeg
- ![IMG_3640 2.jpeg](/listings/photos/172870505/92307) - IMG_3640 2.jpeg
- ![IMG_3651 2.jpeg](/listings/photos/172870505/92308) - IMG_3651 2.jpeg
- ![IMG_3658.jpeg](/listings/photos/172870505/92309) - IMG_3658.jpeg

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| ASIA HOUSE, 82 608 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £230,000 | 22/09/2023 | Flat |
| ASIA HOUSE, 82 613 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £260,000 | 04/09/2023 | Flat |
| ASIA HOUSE, 82 402 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £260,000 | 11/04/2023 | Flat |
| ASIA HOUSE, 82 503 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £347,500 | 27/09/2022 | Flat |
| ASIA HOUSE, 82 204 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BD | £300,000 | 02/09/2022 | Flat |
| ASIA HOUSE, 82 315 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BD | £252,500 | 26/08/2022 | Flat |
| ASIA HOUSE, 82 403 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £315,000 | 26/08/2022 | Flat |
| ASIA HOUSE, 82 209 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BD | £240,000 | 29/06/2022 | Flat |
| ASIA HOUSE, 82 505 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £200,000 | 29/04/2022 | Flat |
| ASIA HOUSE, 82 212 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BD | £160,000 | 25/04/2022 | Flat |
| ASIA HOUSE, 82 514 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £180,000 | 04/02/2022 | Flat |
| ASIA HOUSE, 82 506 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £240,000 | 29/09/2021 | Flat |
| MONTANA HOUSE, 136 APARTMENT 4 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 7AF | £160,000 | 23/09/2021 | Flat |
| ASIA HOUSE, 82 8 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BD | £273,000 | 10/08/2021 | Flat |
| ASIA HOUSE, 82 611 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £248,000 | 23/07/2021 | Flat |

**Area average:** £244,400 (15 sales)

## Price vs local average

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

- **Local average:** £291,831 (53 Flat, M1, 2024–2026)
- **Deviation:** +6.3%

## 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, Manchester, M1 | £1,400/mo | 1 | 0.18 miles | OpenRent |
| 1 Bed Flat, Lockes Yard, M1 | £1,200/mo | 1 | 0.19 miles | OpenRent |
| 1 Bed Flat, Lockes Yard, M1 | £1,600/mo | 1 | 0.19 miles | OpenRent |
| Studio Flat, Cobourg Street, M1 | £950/mo | 1 | 0.24 miles | OpenRent |
| 1 Bed Flat, Piccadilly Place, M1 | £1,250/mo | 1 | 0.27 miles | OpenRent |

**Average rent: £1,280/mo (5 listings)**

## 1% Rule

- **Rent ratio:** 0.4% (weak for cashflow)
- **Max investor price (0.8%):** £156,250
- **Target investor price (1%):** £125,000

*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 £1,250/mo).*

- **Gross yield:** 4.8%
- **Cost-to-rent:** 20.7×
- **Monthly cashflow:** £-121/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -1.6%

*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:** -10.4%
- **10y growth:** 23.8%

## 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)