# 2 bedroom apartment for rent (M1 2FU)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT A2901, OXYGEN TOWER, 50, STORE STREET, MANCHESTER, GREATER MANCHESTER M1 2FU |
| Price | £1,650 pcm |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Council tax | D |
| Floor area | 64 m² |
| Last sold | £379,804 Feb 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** B
- **Expiry date:** 23/09/2031
- **Current heating cost:** £37/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0390-3184-6010-2729-3285)

## Description

Luxury apartment located on the Twenty Ninth floor in one of Manchester`s more prestigious developments, Oxygen.

Setting a new standard for city centre living, this 5* development designed by Jon Matthews Architects will offer residents the opportunity to focus on their wellbeing and take advantage of hotel like facilities. Reset in the spa, relax in the steam room or get the blood pumping in the state-of-the-art gym, Oxygen Tower has it all. Including a 25m pool. 

Located in Piccadilly East, recently dubbed one of Manchester`s best up-and-coming places to live by The Sunday Times; the area is home to Freight Island, green space at Mayfield Park, Diecast, craft breweries including Track and Cloudwater, boutique gyms such as Blok, and co-working spaces at Neptune Mill and at nearby Ducie Street Warehouse. The property is less than a five minute walk to Piccadilly Station or New Islington tram stop.

This well maintained apartment offers 689 sqft of living space and briefly comprises: entrance; open plan lounge/diner with Juliet balcony; integrated kitchen with appliances; primary bedroom with en suite facilities; second double bedroom/office; primary Jack and Jill bathroom.

Available 14th August 2026 on an unfurnished, part furnished or fully furnished basis.

To arrange a viewing please contact Goodwin Fish

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**Notice**

All photographs are provided for guidance only.

Redress scheme provided by: The Property Ombudsman (07302)

Client Money Protection provided by: Client Money Protect (CMP) (CMP003154)

## Property Photos

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## EPC Graphs

- ![EPC 1](/listings/photos/91359786/1863531) - EPC 1

## Rental Range

*ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,222/mo
- **Realistic:** £1,358/mo
- **Optimistic:** £1,494/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £449/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, Oxygen Tower, M1 | £1,600/mo | 2 | 0.02 miles | OpenRent |
| 2 Bed Flat, Store Street, M1 | £1,595/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Flat, Pollard St, M4 | £1,675/mo | 2 | 0.15 miles | OpenRent |
| 2 Bed Flat, Royal Mills, M4 | £1,600/mo | 2 | 0.24 miles | OpenRent |
| 2 Bed Flat, Port Street, M1 | £1,795/mo | 2 | 0.27 miles | OpenRent |

**Average rent: £1,653/mo (5 listings)**

## Rent-driven metrics

*Based on OpenRent comparables (median £1,600/mo).*

- **Gross yield:** 1163.6%
- **Monthly cashflow:** £1,409/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 3532.3%

*Gross yield = annual rent as % of price (no costs). 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).*

## Price per Square Metre

- **£/m²:** £26/m²

## 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)