# 2 bedroom ground floor flat for sale (M4 7LT) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 2, 1 EVERY STREET, MANCHESTER, GREATER MANCHESTER M4 7LT | | Price | £140,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Last sold | £185,000 Jul 2020 | ## Description TO BE SOLD VIA ONLINE AUCTION ON 1ST - 2ND JULY 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS Flat 2, X1 The Plaza, Every Street, Manchester, M4 7LT This fully furnished vacant ground-floor two-bedroom apartment is located in the highly desirable X1 The Plaza development. The apartment offers a spacious open-plan living and kitchen area with direct access onto a private terrace, two double bedrooms, bathroom, en-suite and ample storage. Residents will also benefit from an onside gym and an allocated parking space. Rental values in the area for a two bedroom apartment are within the region of £1,350 per month. Ideally positioned on the edge of Manchester City Centre, the property is within walking distance of the Northern Quarter, Ancoats and Manchester Victoria, offering an excellent range of restaurants, bars, shops and leisure facilities. Manchester Victoria Railway Station is located nearby, providing direct rail links across Greater Manchester and beyond. The property also benefits from easy access to the Inner Ring Road and motorway network. Vacant Possession EPC rating C. ## Property Photos - ![WhatsApp Image 2026-06-19 at 12.20.46 (3).jpeg](/listings/photos/90042246/914883) - WhatsApp Image 2026-06-19 at 12.20.46 (3).jpeg - ![WhatsApp Image 2026-06-19 at 12.20.45.jpeg](/listings/photos/90042246/914884) - WhatsApp Image 2026-06-19 at 12.20.45.jpeg - ![WhatsApp Image 2026-06-19 at 12.20.46 (4).jpeg](/listings/photos/90042246/914885) - WhatsApp Image 2026-06-19 at 12.20.46 (4).jpeg - ![WhatsApp Image 2026-06-19 at 12.20.46.jpeg](/listings/photos/90042246/914886) - WhatsApp Image 2026-06-19 at 12.20.46.jpeg - ![WhatsApp Image 2026-06-19 at 12.20.46 (2).jpeg](/listings/photos/90042246/914887) - WhatsApp Image 2026-06-19 at 12.20.46 (2).jpeg - ![WhatsApp Image 2026-06-19 at 12.20.46 (1).jpeg](/listings/photos/90042246/914888) - WhatsApp Image 2026-06-19 at 12.20.46 (1).jpeg - ![WhatsApp Image 2026-06-19 at 12.20.45 (5).jpeg](/listings/photos/90042246/914889) - WhatsApp Image 2026-06-19 at 12.20.45 (5).jpeg - ![WhatsApp Image 2026-06-19 at 12.20.45 (4).jpeg](/listings/photos/90042246/914890) - WhatsApp Image 2026-06-19 at 12.20.45 (4).jpeg - ![WhatsApp Image 2026-06-19 at 12.20.45 (3).jpeg](/listings/photos/90042246/914891) - WhatsApp Image 2026-06-19 at 12.20.45 (3).jpeg - ![WhatsApp Image 2026-06-19 at 12.20.45 (2).jpeg](/listings/photos/90042246/914892) - WhatsApp Image 2026-06-19 at 12.20.45 (2).jpeg - ![WhatsApp Image 2026-06-19 at 12.20.45 (1).jpeg](/listings/photos/90042246/914893) - WhatsApp Image 2026-06-19 at 12.20.45 (1).jpeg ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 1 FLAT 2 EVERY STREET, MANCHESTER, GREATER MANCHESTER, M4 7LT | £185,000 | 21/07/2020 | 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 | |---------|-------|------|------| | BLOCK C, 12 APARTMENT 26 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AL | £220,000 | 13/03/2026 | Flat | | 1 APARTMENT 41 ISAAC WAY, MANCHESTER, GREATER MANCHESTER, M4 7ED | £180,000 | 12/01/2026 | Flat | | BLOCK C, 12 APARTMENT 24 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AL | £195,000 | 06/01/2026 | Flat | | BLOCK D, 12 APARTMENT 106 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AT | £265,000 | 10/12/2025 | Flat | | ADVENT HOUSE, 2 APARTMENT 53 ISAAC WAY, MANCHESTER, GREATER MANCHESTER, M4 7EP | £120,000 | 21/11/2025 | Flat | | BLOCK D, 12 APARTMENT 72 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AT | £190,000 | 13/11/2025 | Flat | | BLOCK E, 12 APARTMENT 42 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AU | £236,000 | 31/10/2025 | Flat | | BLOCK B, 12 APARTMENT 16 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AJ | £205,000 | 29/10/2025 | Flat | | ADVENT HOUSE, 2 APARTMENT 65 ISAAC WAY, MANCHESTER, GREATER MANCHESTER, M4 7EP | £205,000 | 01/08/2025 | Flat | | BLOCK E, 12 APARTMENT 15 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AU | £210,000 | 08/12/2023 | Flat | | BLOCK D, 12 APARTMENT 48 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AQ | £205,000 | 01/12/2023 | Flat | | BLOCK D APARTMENT 120 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AT | £285,000 | 13/11/2023 | Flat | | BLOCK D, 12 APARTMENT 16 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AQ | £178,000 | 24/10/2023 | Flat | | ADVENT HOUSE, 2 APARTMENT 59 ISAAC WAY, MANCHESTER, GREATER MANCHESTER, M4 7EP | £220,000 | 29/09/2023 | Flat | | 1 FLAT 404 EVERY STREET, MANCHESTER, GREATER MANCHESTER, M4 7LT | £255,000 | 29/09/2023 | Flat | | ADVENT HOUSE, 2 APARTMENT 69 ISAAC WAY, MANCHESTER, GREATER MANCHESTER, M4 7EP | £198,000 | 11/08/2023 | Flat | | BLOCK C, 12 APARTMENT 33 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7AL | £175,000 | 19/04/2023 | Flat | | 2 APARTMENT 97 ADVENT WAY, MANCHESTER, GREATER MANCHESTER, M4 7LL | £226,000 | 14/04/2023 | Flat | | 6 FLAT 5 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7BN | £220,000 | 21/02/2023 | Flat | | 10 FLAT 8 POLLARD STREET, MANCHESTER, GREATER MANCHESTER, M4 7DS | £155,000 | 12/01/2023 | Flat | **Area average:** £207,150 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £265,436 (78 Flat, M4, 2024–2026) - **Deviation:** -47.3% ## 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):** £474/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, Great Ancoats Street, M4 | £1,500/mo | 2 | 0.23 miles | OpenRent | **Average rent: £1,500/mo (1 listing)** ## 1% Rule - **Rent ratio:** 1.07% (strong) - **Max investor price (0.8%):** £187,500 - **Target investor price (1%):** £150,000 *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 £1,500/mo).* - **Gross yield:** 12.9% - **Cost-to-rent:** 7.8× - **Monthly cashflow:** £774/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 22.9% *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:** -21.5% - **10y growth:** 28% ## 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)