Sold Penthouse

12 SILVERCROFT STREET

MANCHESTER, GREATER MANCHESTER M15 4ZB

3 beds 3 baths 84 m² Listed 18 Mar 2026 (-102d)

£1,520,000

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# 3 bedroom penthouse for sale (M15 4ZB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 12 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER M15 4ZB |
| Price | £1,520,000 |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Last sold | £333,905 Nov 2020 |

## Description

Spanning approximately 1,901 sq ft, this stunning three-bedroom penthouse apartment combines contemporary architecture with high-end finishes and impressive skyline views. The main living space features floor-to-ceiling windows, creating a bright and expansive environment while maximising natural light. The open-plan living, kitchen and dining area is designed for both entertaining and everyday living. The kitchen is fitted with premium integrated appliances, quartz work surfaces and modern fixtures, delivering both style and practicality.

The upper level accommodates three well-proportioned bedrooms, including a principal suite with fitted wardrobes and a stylish en-suite bathroom. Two additional bedrooms provide flexible space suitable for family members, guests or a dedicated home office.

Residents benefit from a range of exclusive on-site facilities, including a fully equipped gym and fitness suite, co-working and business lounge spaces, and private bookable suites for meetings or events. The development also features a landscaped roof terrace and communal areas, offering residents relaxing outdoor spaces within the city centre.

## Property Photos

- ![images (9)](/listings/photos/173440064/79812) - images (9)
- ![360-Amenaties-188-1536x1011](/listings/photos/173440064/79813) - 360-Amenaties-188-1536x1011
- ![360-Amenaties-138-1536x973 (1)](/listings/photos/173440064/79814) - 360-Amenaties-138-1536x973 (1)
- ![360-Amenaties-143-1536x944](/listings/photos/173440064/79815) - 360-Amenaties-143-1536x944
- ![360-Amenaties-005-1536x1025](/listings/photos/173440064/79816) - 360-Amenaties-005-1536x1025

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 12 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZB | £333,905 | 27/11/2020 | 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 |
|---------|-------|------|------|
| CITYGATE UNIT 5 AND 6 BLANTYRE STREET, MANCHESTER, GREATER MANCHESTER, M15 4JU | £800,000 | 18/07/2023 | Other |
| BRIDGEWATER HOUSE, 2 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZB | £2,400,000 | 23/05/2023 | Other |
| UNIT 2 OLYMPIA TRADING ESTATE, MANCHESTER, GREATER MANCHESTER, M15 4NP | £9,900,000 | 28/09/2022 | Other |
| 141 FLAT 2403 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZH | £275,170 | 15/07/2022 | Other |
| ELIZABETH TOWER, 143 GROUND AND 1ST FLOOR PREMISES CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AF | £1,200,000 | 30/03/2022 | Other |
| 2A FLAT A708 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA | £465,000 | 08/02/2022 | Other |
| 3 UNIT 2B COLONNADE OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4YB | £35,000 | 07/10/2021 | Other |
| BRIDGEWATER HOUSE, 2 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZB | £1,140,000 | 18/08/2021 | Other |

**Area average:** £2,026,896 (8 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £534,000 (1 Other, M15, 2024–2026)
- **Deviation:** +184.6%

## 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 Richmond & Hambleton (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £648/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 |
|------|------|------|------|------|
| 3 Bed Penthouse, Spinners Way, M15 | £2,600/mo | 3 | 0.29 miles | OpenRent |

**Average rent: £2,600/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.17% (weak for cashflow)
- **Max investor price (0.8%):** £325,000
- **Target investor price (1%):** £260,000

*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 £2,600/mo).*

- **Gross yield:** 2.1%
- **Cost-to-rent:** 48.7×
- **Monthly cashflow:** £-3,671/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -10%

*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).*

## House Price Index (HM Land Registry)

*Official index for Manchester; All dwelling types series; as of March 2026.*

- **1y growth (index):** 1.4%
- **5y growth (index):** 18.2%
- **10y growth (index):** 75.3%

## 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)

images (9) 360-Amenaties-188-1536x1011 360-Amenaties-138-1536x973 (1) 360-Amenaties-143-1536x944 360-Amenaties-005-1536x1025

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Property details

Tenure

LEASEHOLD

Floor area

84 m²

Last sold

£333,905 Nov 2020

Local average

£534,000 (+184.6%)

Street crime

5 incidents within 1 mile (Apr 2026)

Key features

Luxury penthouse apartment in a landmark Manchester development
Fully interior-designed residence with premium finishes
Spacious open-plan living and dining area
Floor-to-ceiling windows with panoramic city views
Three generously sized bedrooms with fitted wardrobes
Master bedroom with en-suite bathroom
High-spec contemporary kitchen with integrated appliances
Access to exclusive resident amenities
Secure underground parking available
Located within walking distance to Manchester city centre attractions and transport links

Additional details

Parking: Yes

Description

Situated in the heart of Manchester city centre, this exceptional penthouse apartment is positioned within one of the city’s most iconic developments, offering convenient access to key destinations including Deansgate, Spinningfields, and Manchester Piccadilly Station. The surrounding neighbourhood offers a vibrant mix of restaurants, cafés, cultural venues and retail destinations, while ongoing regeneration continues to strengthen the area as a dynamic residential and commercial hub.

Spanning approximately 1,901 sq ft, this stunning three-bedroom penthouse apartment combines contemporary architecture with high-end finishes and impressive skyline views. The main living space features floor-to-ceiling windows, creating a bright and expansive environment while maximising natural light. The open-plan living, kitchen and dining area is designed for both entertaining and everyday living. The kitchen is fitted with premium integrated appliances, quartz work surfaces and modern fixtures, delivering both style and practicality.

The upper level accommodates three well-proportioned bedrooms, including a principal suite with fitted wardrobes and a stylish en-suite bathroom. Two additional bedrooms provide flexible space suitable for family members, guests or a dedicated home office.

Residents benefit from a range of exclusive on-site facilities, including a fully equipped gym and fitness suite, co-working and business lounge spaces, and private bookable suites for meetings or events. The development also features a landscaped roof terrace and communal areas, offering residents relaxing outdoor spaces within the city centre.

Listed by

Manchester

Adstra Property Limited

Reference: 173440064

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Price history

Event	Date	Price	% change
Sold	27/11/2020 (5 years ago)	£333,905	—

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
CITYGATE UNIT 5 AND 6 BLANTYRE STREET, MANCHESTER, GREATER MANCHESTER, M15 4JU	£800,000	18/07/2023	Other
BRIDGEWATER HOUSE, 2 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZB	£2,400,000	23/05/2023	Other
UNIT 2 OLYMPIA TRADING ESTATE, MANCHESTER, GREATER MANCHESTER, M15 4NP	£9,900,000	28/09/2022	Other
141 FLAT 2403 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZH	£275,170	15/07/2022	Other
ELIZABETH TOWER, 143 GROUND AND 1ST FLOOR PREMISES CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4AF	£1,200,000	30/03/2022	Other
2A FLAT A708 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA	£465,000	08/02/2022	Other
3 UNIT 2B COLONNADE OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4YB	£35,000	07/10/2021	Other
BRIDGEWATER HOUSE, 2 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZB	£1,140,000	18/08/2021	Other

Area average: £2,026,896 (8 sales)

Capital growth trend

House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: All dwelling types. As of March 2026.

1y (index) 1.4%

5y (index) 18.2%

10y (index) 75.3%

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 Richmond & Hambleton: £648/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M15 4ZB

Nearby

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

Type	Name	Distance
Bus stop	CHESTER Road/Castlegate	0.1 miles
Shop	Deansgate Square General Store	0.1 miles
Shop	CLNQ	0.1 miles
Bus stop	Bridgewater Viaduct/Knott Mill (B)	0.2 miles
Train station	Deansgate	0.2 miles
University	Manchester Metropolitan University - Birley Fields Campus	0.5 miles
Train station	Manchester Oxford Road	0.5 miles
University	Manchester Metropolitan University – All Saints Campus	0.6 miles
Hospital	Manchester Royal Infirmary	1.4 miles
Hospital	Plymouth Grove Medical Centre	1.4 miles

Street-level crime

Category	Count
Violence and sexual offences	3
Other crime	1
Other theft	1
Total incidents	5

Within 1 mile during Apr 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
St Wilfrid's RC Primary School	Primary	0.3 miles	Good — 25 Jun 2023
St Philip's Church of England Primary School	Primary	0.5 miles	Good — 5 Feb 2014
Rolls Crescent Primary School	Primary	0.5 miles	Good — 20 May 2015
Old Trafford Community Academy	Primary	0.7 miles	— (Inspected (no overall grade))
The Manchester Metropolitan University	Other	0.7 miles	— (No rating)

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
3 Bed Penthouse, Spinners Way, M15	£2,600/mo	3	0.29 miles	OpenRent

Average rent: £2,600/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.17%

Max investor price (0.8%) £325,000

Target investor price (1%) £260,000

Gross yield 2.1%

Cost-to-rent ratio 48.7×

Monthly cashflow £-3,671/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -10%

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).