# 2 bedroom apartment for sale (M3 3AG) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 815, 12 LEFTBANK, MANCHESTER, MANCHESTER, GREATER MANCHESTER M3 3AG | | Price | £220,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | E | | Last sold | £247,380 Jul 2007 | ## Description Jordan Fishwick are pleased to offer for sale a stunning Two bedroom apartment on the 8th floor of Leftbank in the heart of Spinningfields. The apartment has an open plan kitchen/living room with a balcony. Two well sized bedrooms with fitted wardrobes, and a well appointed bathroom and en-suite. 24 hour concierge and lifts to all floors. NO ONWARD CHAIN. **The Building** - *The cladding remediation works are fully funded by the developer, so we are inviting mortgage buyers due to the most recent announcement by the 6 big lenders advising they are starting to lend on buildings over 18m without and EWS1. Please take advice from mortgage lender or speak to branch to discuss. Works to be done in phases and is due to be completed in 2026*. **Hallway** - Wooden flooring. Spotlights. Access to all rooms, storage **Kitchen / Lounge** - 7.72 x 4.85 (25'3" x 15'10") - Range of wall and base units with worktops over. Sink with mixer tap. Integrated fridge and dishwasher. Hob with extractor over. Oven with built in microwave over. Spotlights. Open with living room. Wooden flooring. TV and telephone point. Access to balcony. **Bedroom One** - 4.04 x 2.72 (13'3" x 8'11") - Fitted carpet. Ceiling light. TV point. Fitted wardrobes. **En-Suite** - 2.44 x 1.22 (8'0" x 4'0") - Partially tiled shower suite. Low level W/C. Shower cubical with mixer shower. Heated towel rail. Shaver point. Spotlights. **Bedroom Two** - 5.13 x 2.44 (16'9" x 8'0") - Fitted carpet. Ceiling light. TV point. Fitted wardrobes. Access to the en-suite **Bathroom** - 2.44 x 2.31` (8'0" x 7'6"`) - Partially tiled bathroom suite. Floating sink with mixer tap. Bath with mixer shower over. Heated towel rail. Shaver point. Airing cupboard housing washing machine. **Externally** - Private balcony with views of Spinningfields. 24 Hour concierge.Lifts to all floors. **Additional Information** - Ground Rent- £200.00 pa TBC Lease 150 Years from 2001 TBC Service Charge - £3,600.00 TBC Council Tax Band- E EPC- C Building Managed By Rendall & Rittner **Agents Notes** - To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details. ## Property Photos - ![Image Prior to Cladding Starting](/listings/photos/170945597/51042) - Image Prior to Cladding Starting - ![Photo](/listings/photos/170945597/51046) - ![Photo](/listings/photos/170945597/51048) - ![Photo](/listings/photos/170945597/51051) - ![Photo](/listings/photos/170945597/51054) - ![Photo](/listings/photos/170945597/51055) - ![Photo](/listings/photos/170945597/51056) - ![Photo](/listings/photos/170945597/51057) - ![Concierge](/listings/photos/170945597/51058) - Concierge - ![Photo](/listings/photos/170945597/220516) - ![Photo](/listings/photos/170945597/220517) - ![Photo](/listings/photos/170945597/220518) - ![Photo](/listings/photos/170945597/220519) - ![Photo](/listings/photos/170945597/220520) ## Floorplans - ![Floorplan 1](/listings/photos/170945597/51059) - Floorplan 1 ## EPC Graphs - ![EE Rating](/listings/photos/170945597/51060) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 12 APARTMENT 815 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG | £247,380 | 27/07/2007 | 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 | |---------|-------|------|------| | 18 APARTMENT 402 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AJ | £405,000 | 19/12/2025 | Flat | | 18 APARTMENT 508 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AJ | £255,500 | 20/12/2023 | Flat | | [Same street] 12 APARTMENT 715 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG | £260,000 | 27/10/2023 | Flat | | [Same street] 12 APARTMENT 521 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG | £210,000 | 08/09/2023 | Flat | | [Same street] 12 APARTMENT 422 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG | £270,000 | 30/06/2023 | Flat | | 6 APARTMENT 1028 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AF | £250,000 | 16/06/2023 | Flat | | [Same street] 12 APARTMENT 220 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG | £205,000 | 09/06/2023 | Flat | | 18 APARTMENT 812 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AJ | £290,000 | 10/02/2023 | Flat | | 12 APARTMENT 1402 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AH | £1,500,000 | 11/10/2022 | Flat | | [Same street] 12 APARTMENT 318 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG | £249,000 | 27/07/2022 | Flat | | 6 APARTMENT 932 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AF | £205,000 | 27/12/2021 | Flat | | 18 APARTMENT 908 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AL | £310,000 | 09/08/2021 | Flat | | [Same street] 12 APARTMENT 721 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG | £140,000 | 07/07/2021 | Flat | | 12 APARTMENT 921 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AH | £140,000 | 06/07/2021 | Flat | **Street average:** £222,333 (6 sales) **Area average:** £419,438 (8 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £285,168 (345 Flat, M3, 2024–2026) - **Deviation:** -22.9% ## 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 Central Greater Manchester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £873/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 | |------|------|------|------|------| | 2 Bed Flat, Chapel Street, M3 | £1,475/mo | 2 | 0.25 miles | OpenRent | | 2 Bed Bungalow, Kays Gardens, M3 | £1,400/mo | 2 | 0.35 miles | OpenRent | | 2 Bed Flat, Cross Street, M2 | £1,250/mo | 2 | 0.42 miles | OpenRent | | 2 Bed Flat, City Heights, M3 | £1,450/mo | 2 | 0.45 miles | OpenRent | **Average rent: £1,394/mo (4 listings)** ## 1% Rule - **Rent ratio:** 0.65% (weak for cashflow) - **Max investor price (0.8%):** £178,125 - **Target investor price (1%):** £142,500 *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 £1,425/mo).* - **Gross yield:** 7.8% - **Cost-to-rent:** 12.9× - **Monthly cashflow:** £391/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 7.4% *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:** -0.4% - **10y growth:** 42.1% ## 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)