For sale Flat

Apartment 407

6 Oldham Road, Manchester, Greater Manchester, M4, M4 5DB

2 beds 2 baths Listed 10 Jul 2026 (-11d)

£55,000

Guide Price

Reduced on 13 Jul 2026

Save

Listing type

Auction
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Property details

Listing category

Auction

Tenure

LEASEHOLD

Last sold

£146,641

Local average

£265,436 (-79.3%)

Deprivation

Decile 4 (13,056 of 33,755)

Street crime

4 incidents within 1 mile (May 2026)

Description

Key FeaturesLot 272 for sale by auction on 29/07/2026To view the property or see a virtual tour please refer to the full sales particulars on the auctioneers websiteReception Room/Kitchen, Two Bedrooms (One with en-suite Bathroom), further BathroomLease with approximately 131 years unexpiredThe property benefits from a BalconyManchester Victoria rail station is 0.6 miles to the north west
Key LocationsThe property is situated on the south of Oldham Road, at its junction with Great Ancoats StreetAn extensive range of shops and amenities is available within Manchester city centreManchester Victoria rail station is 0.6 miles to the north westThe M60 motorway is to the eastCotton Field Park and New Islington Green are in close proximity
ViewingsThe property will be open for viewing on Saturday 18th July, Wednesday 22nd July and Saturday 25th July between 10:00 - 10:30 a.m. These are open viewing times with no need to register.

If you cannot attend the viewing you are advised to view the images and any available virtual tour on our website before bidding.

Listed by

Auction

Allsop LLP

Reference: 90753906

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event Date Price % change
Listed for sale — £55,000 —

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
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
5 APARTMENT 206 LUNA STREET, MANCHESTER, GREATER MANCHESTER, M4 5LX £140,000 15/08/2022 Flat

Area average: £277,464 (20 sales)

Capital growth trend

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

5y growth -21.6%
10y growth 31.1%

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: £474/mo (Apr 2025 – Mar 2026)

Location

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

Address

6 Oldham Road

Nearby

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

Type Name Distance
Shop Tesco Express 0.0 miles
Shop Savannah 0.0 miles
Bus stop Manchester City Centre, Oldham Road / New Cross (Stop EF) 0.0 miles
Bus stop Manchester City Centre, Oldham Street / Warwick Street (Stop EE) 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 (Shena Simon Campus) 0.6 miles
Hospital The Ailsa Craig Medical Practise 2.3 miles
Hospital Shiv Lodge Medical Centre 2.3 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 0.3 miles — (No rating)
Digital Advantage Other 0.3 miles — (No rating)
St Patrick's RC Primary School Primary 0.4 miles Good — 13 Jan 2022
Abbott Community Primary School Primary 0.5 miles Outstanding — 12 Feb 2019

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, Oldham Road, M4 £1,500/mo 2 0 miles OpenRent
2 Bed Flat, Addington Street, M4 £1,500/mo 2 0.07 miles OpenRent
2 Bed Flat, Tib St, M4 £3,000/mo 2 0.09 miles OpenRent
2 Bed Flat, The Sorting House, M1 £1,550/mo 2 0.14 miles OpenRent
2 Bed Flat, Oxid House, M1 £1,450/mo 2 0.14 miles OpenRent
2 Bed Flat, Newton Street, M1 £1,350/mo 2 0.16 miles OpenRent
2 Bed Flat, Goulden Street, M4 £1,500/mo 2 0.17 miles OpenRent
2 Bed Flat, Port St, M1 £1,750/mo 2 0.17 miles OpenRent
2 Bed Flat, Dyche Street, M4 £2,799/mo 2 0.21 miles OpenRent
2 Bed Flat, Shudehill, M4 £1,250/mo 2 0.21 miles OpenRent
2 Bed Flat, Bengal Street, M4 £1,350/mo 2 0.22 miles OpenRent

Average rent: £1,727/mo (11 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 2.73%
Max investor price (0.8%) £187,500
Target investor price (1%) £150,000
Gross yield 32.7%
Cost-to-rent ratio 3.1×
Monthly cashflow £1,108/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 83.4%
  • 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).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus 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).
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