For sale Flat

FLAT 406

DELUNA HOUSE, 2, CORNELL STREET, MANCHESTER, GREATER MANCHESTER M4 5EF

1 beds 1 baths Listed 26 Sep 2025 (-297d)

£224,000

Reduced on 7 May 2026

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# 1 bedroom apartment for sale (M4 5EF)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 406, DELUNA HOUSE, 2, CORNELL STREET, MANCHESTER, GREATER MANCHESTER M4 5EF |
| Price | £224,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |
| Last sold | £205,000 Jun 2022 |

## Description

This spacious one bedroom apartment is on the fourth floor of Deluna House in Ancoats.

Benefiting from an open plan living/kitchen area with a Juliet balcony and floor-to-ceiling

windows. The apartment has a high quality finish throughout, this includes Neff appliances,

LVT flooring and a modern specification.

Deluna House is in the heart of Ancoats, seconds from Cutting Room Square and the Northern Quarter where many independent bars, cafes and restaurants are situated. You're only a short walk to both Piccadilly Train Station and Victoria Station for longer commutes outside of Manchester City Centre.

The apartment is being sold fully furnished.

**The Tour** - Deluna House is a development with a great community feel. With only 38 apartments spread across 6 floors, this apartment is on the 4th Floor.

Living/kitchen area: Amtico Honey Oak flooring, floor to ceiling windows with a Juliet balcony, handless door and drawer fronts with composite 25mm square-edged work surfaces. Integrated Neff ceramic hob, oven cooker hood, integrated Zanussi fridge-freezer and automatic dishwasher, undermount composite sink unit with swan neck monoblock mixer tap.

Bedroom: Wool twist carpet, floor to ceiling windows, TV and satellite point, ample storage including underbed drawers.

Bathroom: Jack and Jill bathroom with porcelanosa tile flooring and porcelanosa ceramic tiled walls. 3 piece suite with Lecico sanitaryware, rainhead shower over bath, large mirror and heated chrome towel rail and down lights.

**The Area** - Deluna House is located in Ancoats, surrounded by a host of independent businesses including Blossom Street Social and Jane Eyre. You also have the Tesco Express on your door step. And you're only a couple of minutes walk from New Islington Marina which is perfect for a short walk or a meal with tranquil views. The Northern Quarter, as well as Piccadilly Train Station are within a 10-15 minute walk away.

**Lease Information** - Length of lease - 247 years remaining.

Service charge - £1,425.74 per annum.

Ground rent - Peppercorn.

## Property Photos

- ![Photo](/listings/photos/167494022/889970)
- ![Photo](/listings/photos/167494022/889971)
- ![Photo](/listings/photos/167494022/889972)
- ![Photo](/listings/photos/167494022/889973)
- ![Photo](/listings/photos/167494022/889977)
- ![Photo](/listings/photos/167494022/889981)
- ![Photo](/listings/photos/167494022/889984)
- ![Photo](/listings/photos/167494022/889985)

## Floorplans

- ![Floorplan 1](/listings/photos/167494022/889987) - Floorplan 1

## EPC Graphs

- ![EE Rating](/listings/photos/167494022/889988) - EE Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| DELUNA HOUSE, 2 FLAT 406 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF | £205,000 | 16/06/2022 | 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 |
|---------|-------|------|------|
| CONNECT HOUSE, 1 APARTMENT 21 HENRY STREET, MANCHESTER, GREATER MANCHESTER, M4 5DA | £145,000 | 20/01/2026 | Flat |
| CONNECT HOUSE, 1 APARTMENT 37 HENRY STREET, MANCHESTER, GREATER MANCHESTER, M4 5DA | £193,000 | 11/12/2025 | Flat |
| DELUNA HOUSE, 2 FLAT 601 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF | £26,500 | 28/11/2025 | Flat |
| ALUMNI COURT, 1 FLAT 6 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5BR | £570,000 | 14/11/2025 | Flat |
| DELUNA HOUSE, 2 FLAT 602 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF | £335,000 | 31/10/2025 | Flat |
| DELUNA HOUSE, 2 FLAT 505 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF | £295,000 | 08/10/2025 | Flat |
| 17 ANITA STREET, MANCHESTER, GREATER MANCHESTER, M4 5DU | £290,000 | 23/07/2025 | Flat |
| DELUNA HOUSE, 2 FLAT 304 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF | £305,000 | 21/07/2025 | Flat |
| COTTON HOUSE, 21 9 BLOSSOM STREET, MANCHESTER, GREATER MANCHESTER, M4 5EP | £450,000 | 07/11/2023 | Flat |
| 7 FLAT 3 ADDINGTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5EU | £228,195 | 25/07/2023 | Flat |
| 7 FLAT 4 ADDINGTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5EU | £327,384 | 04/07/2023 | Flat |
| ALUMNI COURT, 1 FLAT 6 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5BR | £535,000 | 29/06/2023 | Flat |
| 16 ADDINGTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5EU | £446,000 | 30/05/2023 | Flat |
| FLAT 8, 8 CABLE STREET, MANCHESTER, GREATER MANCHESTER, M4 5EG | £228,195 | 05/05/2023 | Flat |
| DELUNA HOUSE, 2 FLAT 504 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF | £295,000 | 24/10/2022 | Flat |
| DELUNA HOUSE, 2 FLAT 506 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF | £200,000 | 30/09/2022 | Flat |
| DELUNA HOUSE, 2 FLAT 403 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF | £298,500 | 09/09/2022 | Flat |
| 6 APARTMENT 505 OLDHAM ROAD, MANCHESTER, GREATER MANCHESTER, M4 5DB | £104,000 | 26/08/2022 | Flat |
| DELUNA HOUSE, 2 FLAT 404 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF | £282,500 | 19/08/2022 | Flat |
| DELUNA HOUSE, 2 FLAT 501 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF | £305,000 | 17/08/2022 | Flat |

**Area average:** £292,964 (20 sales)

## Price vs local average

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

- **Local average:** £265,436 (78 Flat, M4, 2024–2026)
- **Deviation:** -15.6%

## 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 East Lancs (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £424/mo

## 1% Rule

- **Rent ratio:** 0.6% (weak for cashflow)
- **Max investor price (0.8%):** £169,000
- **Target investor price (1%):** £135,200

*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 Area rent estimate.*

## Capital growth trend

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

- **5y growth:** -15%
- **10y growth:** 44.6%

## 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)

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Property details

Tenure

LEASEHOLD

Council tax band

Last sold

£205,000 Jun 2022

Local average

£265,436 (-15.6%)

Street crime

4 incidents within 1 mile (May 2026)

Key features

One Double Bedroom & One Bathroom
538 Sq Ft
Juliet Balcony
No Onward Chain
Ancoats Location
EPC Rating B
4th Floor Apartment
Completed 2022
EWS1 Form Available
Apartment Sold Fully Furnished

Description

This spacious one bedroom apartment is on the fourth floor of Deluna House in Ancoats.

Benefiting from an open plan living/kitchen area with a Juliet balcony and floor-to-ceiling
windows. The apartment has a high quality finish throughout, this includes Neff appliances,
LVT flooring and a modern specification.

Deluna House is in the heart of Ancoats, seconds from Cutting Room Square and the Northern Quarter where many independent bars, cafes and restaurants are situated. You're only a short walk to both Piccadilly Train Station and Victoria Station for longer commutes outside of Manchester City Centre.

The apartment is being sold fully furnished.

The Tour - Deluna House is a development with a great community feel. With only 38 apartments spread across 6 floors, this apartment is on the 4th Floor.

Living/kitchen area: Amtico Honey Oak flooring, floor to ceiling windows with a Juliet balcony, handless door and drawer fronts with composite 25mm square-edged work surfaces. Integrated Neff ceramic hob, oven cooker hood, integrated Zanussi fridge-freezer and automatic dishwasher, undermount composite sink unit with swan neck monoblock mixer tap.

Bedroom: Wool twist carpet, floor to ceiling windows, TV and satellite point, ample storage including underbed drawers.

Bathroom: Jack and Jill bathroom with porcelanosa tile flooring and porcelanosa ceramic tiled walls. 3 piece suite with Lecico sanitaryware, rainhead shower over bath, large mirror and heated chrome towel rail and down lights.

The Area - Deluna House is located in Ancoats, surrounded by a host of independent businesses including Blossom Street Social and Jane Eyre. You also have the Tesco Express on your door step. And you're only a couple of minutes walk from New Islington Marina which is perfect for a short walk or a meal with tranquil views. The Northern Quarter, as well as Piccadilly Train Station are within a 10-15 minute walk away.

Lease Information - Length of lease - 247 years remaining.
Service charge - £1,425.74 per annum.
Ground rent - Peppercorn.

Listed by

Manchester

Reside

Reference: 167494022

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

EPC Graphs

EE Rating

Price history

Event	Date	Price	% change
Listed for sale	—	£224,000	+9.3%
Sold	16/06/2022 (4 years ago)	£205,000	—

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
CONNECT HOUSE, 1 APARTMENT 21 HENRY STREET, MANCHESTER, GREATER MANCHESTER, M4 5DA	£145,000	20/01/2026	Flat
CONNECT HOUSE, 1 APARTMENT 37 HENRY STREET, MANCHESTER, GREATER MANCHESTER, M4 5DA	£193,000	11/12/2025	Flat
DELUNA HOUSE, 2 FLAT 601 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF	£26,500	28/11/2025	Flat
ALUMNI COURT, 1 FLAT 6 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5BR	£570,000	14/11/2025	Flat
DELUNA HOUSE, 2 FLAT 602 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF	£335,000	31/10/2025	Flat
DELUNA HOUSE, 2 FLAT 505 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF	£295,000	08/10/2025	Flat
17 ANITA STREET, MANCHESTER, GREATER MANCHESTER, M4 5DU	£290,000	23/07/2025	Flat
DELUNA HOUSE, 2 FLAT 304 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF	£305,000	21/07/2025	Flat
COTTON HOUSE, 21 9 BLOSSOM STREET, MANCHESTER, GREATER MANCHESTER, M4 5EP	£450,000	07/11/2023	Flat
7 FLAT 3 ADDINGTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5EU	£228,195	25/07/2023	Flat
7 FLAT 4 ADDINGTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5EU	£327,384	04/07/2023	Flat
ALUMNI COURT, 1 FLAT 6 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5BR	£535,000	29/06/2023	Flat
16 ADDINGTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5EU	£446,000	30/05/2023	Flat
FLAT 8, 8 CABLE STREET, MANCHESTER, GREATER MANCHESTER, M4 5EG	£228,195	05/05/2023	Flat
DELUNA HOUSE, 2 FLAT 504 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF	£295,000	24/10/2022	Flat
DELUNA HOUSE, 2 FLAT 506 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF	£200,000	30/09/2022	Flat
DELUNA HOUSE, 2 FLAT 403 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF	£298,500	09/09/2022	Flat
6 APARTMENT 505 OLDHAM ROAD, MANCHESTER, GREATER MANCHESTER, M4 5DB	£104,000	26/08/2022	Flat
DELUNA HOUSE, 2 FLAT 404 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF	£282,500	19/08/2022	Flat
DELUNA HOUSE, 2 FLAT 501 CORNELL STREET, MANCHESTER, GREATER MANCHESTER, M4 5EF	£305,000	17/08/2022	Flat

Area average: £292,964 (20 sales)

Capital growth trend

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

5y growth -15%

10y growth 44.6%

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

1y (index) -1.4%

5y (index) 8.8%

10y (index) 57%

Rental Range

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

Low £1,217/mo

Realistic £1,352/mo

Optimistic £1,487/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for East Lancs: £424/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M4 5EF

Address

2 Cornell Street

Nearby

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

Type	Name	Distance
Shop	Charcoal Male Grooming	0.0 miles
Shop	Tesco Express	0.0 miles
Bus stop	Manchester City Centre, Oldham Road / New Cross (Stop EF)	0.1 miles
Bus stop	Ancoats, Oldham Road / opposite Thompson Street	0.1 miles
University	University of Law	0.5 miles
Train station	Manchester Victoria	0.5 miles
Train station	Manchester Piccadilly	0.6 miles
University	UCEN Manchester (City Campus)	0.6 miles
Hospital	The Ailsa Craig Medical Practise	2.3 miles
Hospital	Shiv Lodge Medical Centre	2.4 miles

Street-level crime

Category	Count
Violence and sexual offences	3
Drugs	1
Total incidents	4

Within 1 mile during May 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	0.3 miles	Outstanding — 10 Jul 2015
The Cooperative College	Other	0.4 miles	— (No rating)
Digital Advantage	Other	0.4 miles	— (No rating)
St Patrick's RC Primary School	Primary	0.4 miles	Good — 13 Jan 2022
Abbott Community Primary School	Primary	0.4 miles	Outstanding — 12 Feb 2019

Rental Comparables

Loading rental comparables for this postcode. Refresh in a few minutes.

Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.6%

Max investor price (0.8%) £169,000

Target investor price (1%) £135,200

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).