# 2 bedroom apartment for sale (M1 1AL) ## Property Details | Key | Value | |-----|-------| | Address | Fully Managed High Yield Property, M1 1AL | | Price | £179,950 | | Bedrooms | 2 | | Bathrooms | 2 | ## Description "This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers Completed - Earn Rental Income from Day 1! DESCRIPTION Introducing a modern new development in Manchester, offering 6% rental yields and designed with high-spec fixtures and finishings. Located in a £1 billion regeneration zone in the popular M5 postcode, this property investment opportunity offers excellent capital growth potential in a prime waterfront location. Developed by a leading UK property developer, the project features fantastic onsite facilities, including car parking, bicycle storage, and top-tier amenities such as a gym and resident's lounge. An onsite rental company ensures a hands-off investment experience, making this development a perfect choice for investors looking for quality, convenience, and strong returns. With high tenant demand and a predicted 28.8% capital growth by 2028, Greater Manchester is one of the UK's best places to invest in property. This development is ideally located in Manchester's Salford area, with proximity to popular spots such as MediaCityUK making this a great investment for anyone looking to target the city's young professional market. Enquire Today to Receive Floor Plans, Info Pack & Full Investment Breakdown!" ## Property Photos - ![Photo](/listings/photos/88122126/351941) - ![Photo](/listings/photos/88122126/351942) - ![Photo](/listings/photos/88122126/351943) - ![Photo](/listings/photos/88122126/351944) - ![Photo](/listings/photos/88122126/351945) - ![Photo](/listings/photos/88122126/351946) - ![Photo](/listings/photos/88122126/351947) ## Floorplans - ![Floorplan 1](/listings/photos/88122126/351948) - Floorplan 1 ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | THE SORTING HOUSE, 83 FLAT 2 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EP | £225,000 | 06/01/2026 | Flat | | THE SORTING HOUSE, 83 FLAT 17 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EP | £330,000 | 22/10/2025 | Flat | | NUOVO APARTMENTS, 59 316 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £267,000 | 13/06/2025 | Flat | | THE SORTING HOUSE, 83 FLAT 80 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1ER | £250,000 | 01/12/2023 | Flat | | OXID HOUSE, 78 FLAT 504 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1AL | £230,000 | 30/11/2023 | Flat | | NUOVO APARTMENTS, 59 1001 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AN | £270,000 | 27/11/2023 | Flat | | NUOVO APARTMENTS, 59 411 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £210,000 | 17/11/2023 | Flat | | NUOVO APARTMENTS, 59 410 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £237,000 | 17/11/2023 | Flat | | NUOVO APARTMENTS, 59 604 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AN | £185,000 | 27/10/2023 | Flat | | NUOVO APARTMENTS, 59 412 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £260,000 | 27/09/2023 | Flat | | NUOVO APARTMENTS, 59 304 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £191,000 | 08/09/2023 | Flat | | 72 - 76 APARTMENT 36 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU | £125,000 | 07/09/2023 | Flat | | NUOVO APARTMENTS, 59 309 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £200,000 | 01/09/2023 | Flat | | 72 - 76 APARTMENT 10 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU | £174,000 | 30/08/2023 | Flat | | THE SORTING HOUSE, 83 FLAT 57 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1ER | £112,176 | 25/08/2023 | Flat | | OXID HOUSE, 78 FLAT 505 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1AL | £248,000 | 10/07/2023 | Flat | | NUOVO APARTMENTS, 59 213 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £255,000 | 07/07/2023 | Flat | | NUOVO APARTMENTS, 59 405 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £230,000 | 03/07/2023 | Flat | | THE SORTING HOUSE, 83 FLAT 74 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1ER | £325,000 | 19/06/2023 | Flat | | NUOVO APARTMENTS, 59 516 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AN | £266,000 | 13/06/2023 | Flat | **Area average:** £229,509 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £291,831 (53 Flat, M1, 2024–2026) - **Deviation:** -38.3% ## 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):** £449/mo ## 1% Rule - **Rent ratio:** 0.75% (weak for cashflow) - **Max investor price (0.8%):** £168,625 - **Target investor price (1%):** £134,900 *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:** -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)