# 2 bedroom apartment for sale (M4 6BB)

## Property Details

| Key | Value |
|-----|-------|
| Address | 47 NQ4  47 BENGAL ST, MANCHESTER M4 6BB |
| Price | £189,995 |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Council tax | C |
| Construction age | England and Wales: 2003-2006 |
| Floor area | 32 m² |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Expiry date:** 13/09/2032
- **Current heating cost:** £345/year
- **Est. upgrade cost to C:** £1,000

### Recommendations
- L2 (£800 - £1,200)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/9846-5059-8201-2752-9200)

## Description

WATCH VIDEO TOUR! Granite Lettings & Property Management are pleased to present this two bedroom, 2nd floor apartment in NQ4, Ancoats. The property boasts a spacious open plan living room, two double bedrooms, fully fitted kitchen and modern three piece bathroom with shower over bath. Located in the very heart of Ancoats urban Village, close to St Peters church and Cutting Room square. Within a few minutes` walk, you`ll also find Manchester`s bustling Northern Quarter district, home to the likes of the Band on the wall, Matt & Phreds and Afflecks. Piccadilly and Victoria Train stations are also within close proximity.  NO CHAIN. 

The property also makes a great investment opportunity, current occupie don a rolling AST, current rental valuation is £1300 pcm

Satisfactory EWS1 in place.

Building Service Charge: £1663.98 per year

Ground Rent: £250 per annum

Leasehold years remaining: 237

Building Management Agents are Zenith

Council Tax Band C - £1940.46 - Manchester City Council [Prices correct as of 2025/2026 - please always refer to the council website]

**Living Room**

Laminate Floor, large window, electric wall heaters, tv / sat points

**Bedroom 1**

Laminate Floor, large window, electric wall heaters, tv / sat points

**Bedroom 2**

Laminate Floor, large window, electric wall heaters, tv / sat points

**Kitchen**

Laminate Floor, oven, cooker hood, free standing fridge freezer,

**Bathroom**

3 piece family bathroom, shower over bath, ceramic sink, ceramic toilet, tiled walls, tiled floor, heated towel rail

**what3words /// ** order.stored.gown

**Notice**

Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

## Property Photos

- ![Photo](/listings/photos/170173211/110869)
- ![Photo](/listings/photos/170173211/110870)
- ![Photo](/listings/photos/170173211/110871)
- ![Photo](/listings/photos/170173211/110872)
- ![Photo](/listings/photos/170173211/110873)
- ![Photo](/listings/photos/170173211/110874)
- ![Photo](/listings/photos/170173211/110875)

## Floorplans

- ![Floorplan 1](/listings/photos/170173211/110876) - Floorplan 1

## EPC Graphs

- ![EPC 1](/listings/photos/170173211/110877) - EPC 1

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 22 FLAT 612 LOOM STREET, MANCHESTER, GREATER MANCHESTER, M4 6AN | £190,000 | 07/01/2026 | Flat |
| PARAGON MILL, 4 APARTMENT PM 304 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5AX | £335,000 | 19/12/2025 | Flat |
| ROYAL MILLS, 2 APARTMENT OS 604 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5BW | £263,500 | 12/12/2025 | Flat |
| MURRAYS MILLS, 50 19 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR | £385,000 | 09/12/2025 | Flat |
| ROPER COURT, 109 4 GEORGE LEIGH STREET, MANCHESTER, GREATER MANCHESTER, M4 6GG | £280,000 | 05/12/2025 | Flat |
| MURRAYS MILLS, 50 51 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR | £261,500 | 05/12/2025 | Flat |
| K502 KENNEDY BUILDING, 6 MURRAY STREET, MANCHESTER, GREATER MANCHESTER, M4 6HS | £220,000 | 28/11/2025 | Flat |
| ROPER COURT, 109 30 GEORGE LEIGH STREET, MANCHESTER, GREATER MANCHESTER, M4 6GG | £395,000 | 20/11/2025 | Flat |
| MURRAYS MILLS, 50 4 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR | £405,000 | 14/11/2025 | Flat |
| 20 FLAT 613 LOOM STREET, MANCHESTER, GREATER MANCHESTER, M4 6AN | £185,000 | 17/10/2025 | Flat |
| MURRAYS MILLS, 50 119 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LS | £370,000 | 01/08/2025 | Flat |
| MURRAYS MILLS, 50 45 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR | £275,000 | 31/01/2025 | Flat |
| ROYAL MILLS, 2 APARTMENT OS 712 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5BW | £390,000 | 15/12/2023 | Flat |
| 47 FLAT 63 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6BB | £200,000 | 04/12/2023 | Flat |
| MURRAYS MILLS, 50 18 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR | £237,500 | 21/09/2023 | Flat |
| NEW LITTLE MILL, 60 FLAT 6 RADIUM STREET, MANCHESTER, GREATER MANCHESTER, M4 6GH | £237,500 | 25/08/2023 | Flat |
| PARAGON MILL, 4 APARTMENT PM 108 COTTON STREET, MANCHESTER, GREATER MANCHESTER, M4 5AX | £242,450 | 22/08/2023 | Flat |
| MURRAYS MILLS, 50 84 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LS | £550,000 | 11/08/2023 | Flat |
| MURRAYS MILLS, 50 48 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LR | £250,000 | 04/08/2023 | Flat |
| 35 APARTMENT 322 RADIUM STREET, MANCHESTER, GREATER MANCHESTER, M4 6AT | £255,000 | 01/08/2023 | Flat |

**Area average:** £296,373 (20 sales)

## Price vs local average

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

- **Local average:** £268,000 (70 Flat, M4, 2024–2026)
- **Deviation:** -29.1%

## 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 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, Oxid House, M1 | £1,500/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Oxid House, M1 | £1,350/mo | 2 | 0.19 miles | OpenRent |
| 2 Bed Flat, Port St, M1 | £2,200/mo | 2 | 0.2 miles | OpenRent |
| 2 Bed Flat, Port St, M1 | £1,800/mo | 2 | 0.21 miles | OpenRent |
| 2 Bed Flat, Port St, M1 | £1,800/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, Port St, M1 | £1,850/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, Oldham Road, M4 | £1,500/mo | 2 | 0.22 miles | OpenRent |
| 2 Bed Flat, Newton Street, M1 | £1,350/mo | 2 | 0.23 miles | OpenRent |
| 2 Bed Flat, The Sorting House, M1 | £2,000/mo | 2 | 0.25 miles | OpenRent |
| 2 Bed Flat, Oxygen Tower, M1 | £1,700/mo | 2 | 0.32 miles | OpenRent |
| 2 Bed Flat, High Street, M4 | £2,500/mo | 2 | 0.35 miles | OpenRent |

**Average rent: £1,777/mo (11 listings)**

## 1% Rule

- **Rent ratio:** 0.95% (okay)
- **Max investor price (0.8%):** £225,000
- **Target investor price (1%):** £180,000

*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 £1,800/mo).*

- **Gross yield:** 11.4%
- **Cost-to-rent:** 8.8×
- **Monthly cashflow:** £847/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 18.4%

*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).*

## Price per Square Metre

- **£/m²:** £5,937/m²

## Capital growth trend

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

- **5y growth:** -10.2%
- **10y growth:** 71.1%

## 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)