Flat 13
DEANSGATE QUAY, 388, DEANSGATE, MANCHESTER, MANCHESTER, GREATER MANCHESTER M3 4LB
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Property details
Last sold
£115,000 Apr 2001
Local average
£283,642 (-38.3%)
Street crime
4 incidents within 1 mile (May 2026)
Key features
- Manhattan Apartment in Ideal Manchester Location
- Attractive 6% Rental Returns
- Stunning New Development
- Desirable Onsite Amenities
- Excellent Capital Growth Potential
- Managed by Rental Company for Hands-Off Investment
- Deansgate Manchester
- Leading UK Property Developer
- Onsite Rental Company
- Enquire Now to Receive Info Pack and Financial Breakdown
Description
Off Plan Manchester Property Investment – 6% Rental Yields | Hands Off Investment Opportunity
A completed Manchester city centre development offering contemporary apartments in one of the UK’s most dynamic urban markets, with immediate access to key employment, retail, and leisure districts.
With strong tenant appeal, high-spec interiors, and a proven track record of performance, these centrally located apartments provide an exciting opportunity to invest in quality city property with 6% projected returns.
This property is available to buy-to-let investors and owner-occupiers.
Enquire today to receive a digital brochure, floor plans, and full breakdown of available apartments.
The Investment
This completed Manchester city centre development offers investors the potential to earn immediate rental income in a huge market.
With 6% projected returns, a strong history of occupancy, and professional management options available, it’s well suited to both first-time and experienced investors seeking a hands-off, income-generating asset.
The Location
Positioned just moments from Oxford Road station, the development sits at the heart of one of Manchester’s most connected districts.
Residents benefit from effortless access to the Northern Quarter, Spinningfields, the Arndale, and major employment hubs across the city, making these apartments particularly attractive to working professionals who prioritise convenience, lifestyle amenities, and excellent transport links.
The Apartments
Each apartment is finished to a high standard, with fully integrated kitchens, premium flooring, and large windows that maximise natural light.
Designed with modern renters in mind, the interiors blend style and practicality to create comfortable, contemporary living spaces that resonate strongly with Manchester’s fast-growing professional tenant base.
The Development
The development has established a strong reputation for high occupancy rates and dependable rental performance over time.
Its central location, premium apartment spec, and proximity to key cultural, retail, and business destinations help support strong rental appeal.
Key onsite facilities include:
Secure entry system and well-maintained communal areasLift access to main residential floorsDedicated cycle storage for city commutersProximity to gyms, cafes, and everyday amenitiesProfessional building management for smooth day-to-day operation
Why Invest?
6% projected rental returns in one of the UK’s most dynamic city centre rental marketsHighly desirable location close to Oxford Road station, the Northern Quarter, Spinningfields, and major employersCompleted development with a strong track record of occupancy and rental performanceHigh-spec apartments designed specifically to appeal to modern urban professionalsHands-off investment structure with professional management options available
Enquire now to secure your unit and receive a full investment breakdown."
Listed by
Liverpool
RW Invest North Ltd
Reference: 90201459
EPC ratings on this postcode
We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.
| Address | Current | Potential | Floor area | Age band | Type |
|---|---|---|---|---|---|
| Flat 1, 388, Deansgate, MANCHESTER | 68 | 71 | 79 m² | England and Wales: 1996-2002 | Flat |
| Flat 10, 388 Deansgate, MANCHESTER | 82 | 83 | 85 m² | England and Wales: 2003-2006 | Flat |
| Flat 10, 388, Deansgate, MANCHESTER | 80 | 82 | 87 m² | England and Wales: 1996-2002 | Flat |
| Flat 11, 388, Deansgate, MANCHESTER | 80 | 83 | 51 m² | England and Wales: 1996-2002 | Flat |
| Flat 12, 388 Deansgate, MANCHESTER | 77 | 81 | 67 m² | England and Wales: 1996-2002 | Flat |
| Flat 14, 388, Deansgate, MANCHESTER | 77 | 86 | 49 m² | England and Wales: 2003-2006 | Flat |
| Flat 16, 388 Deansgate, MANCHESTER | 83 | 84 | 95 m² | England and Wales: 2003-2006 | Flat |
| FLAT 17, 388 DEANSGATE, MANCHESTER, MANCHESTER | 80 | 82 | 53 m² | England and Wales: 1996-2002 | Flat |
| Flat 18, 388 Deansgate, MANCHESTER | 79 | 79 | 67 m² | England and Wales: 1996-2002 | Flat |
| Flat 19, 388, Deansgate, MANCHESTER | 75 | 80 | 58 m² | England and Wales: 1996-2002 | Flat |
| Flat 2, 388 Deansgate, MANCHESTER | 66 | 81 | 57 m² | England and Wales: 2003-2006 | Flat |
| Flat 2, 388, Deansgate, MANCHESTER | 67 | 73 | 61 m² | England and Wales: 1996-2002 | Flat |
| Flat 20, 388 Deansgate, MANCHESTER | 75 | 82 | 48 m² | England and Wales: 2003-2006 | Flat |
| Flat 20, 388, Deansgate, MANCHESTER | 75 | 86 | 49 m² | England and Wales: 1996-2002 | Flat |
| Flat 21, 388 Deansgate, MANCHESTER | 77 | 84 | 102 m² | England and Wales: 1996-2002 | Flat |
Flood risk
Zone: 1
Risk: Low
Job (default Low)
Floorplans
Floorplan 1
Price history
| Event | Date | Price | % change |
|---|---|---|---|
| Listed for sale | — | £174,950 | +52.1% |
| Sold | 06/04/2001 (25 years ago) | £115,000 | — |
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 |
|---|---|---|---|
| CASTLEGATE, 2 FLAT 507 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4QG | £350,000 | 09/01/2026 | Flat |
| CASTLEGATE, 2 FLAT 410 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4QG | £210,000 | 08/01/2026 | Flat |
| 9 FLAT A2703 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ | £357,000 | 12/12/2025 | Flat |
| 9 FLAT A2006 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ | £328,000 | 26/11/2025 | Flat |
| 9 FLAT B1509 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UB | £300,000 | 21/11/2025 | Flat |
| HILL QUAYS, 8 FLAT 72 COMMERCIAL STREET, MANCHESTER, GREATER MANCHESTER, M15 4QY | £158,000 | 31/10/2025 | Flat |
| 9 FLAT A3006 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TT | £372,000 | 07/07/2025 | Flat |
| 2A FLAT B603 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SB | £430,000 | 20/05/2025 | Flat |
| 9 FLAT B2903 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UD | £388,000 | 15/12/2023 | Flat |
| 384 FLAT 68 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 4LA | £205,000 | 14/12/2023 | Flat |
| 9 FLAT A1906 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TP | £480,000 | 01/12/2023 | Flat |
| 9 FLAT A5705 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TW | £650,000 | 30/10/2023 | Flat |
| 2A FLAT A606 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA | £279,000 | 10/08/2023 | Flat |
| 9 FLAT B1603 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UB | £374,000 | 08/08/2023 | Flat |
| 9 FLAT B5004 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UG | £2,000,000 | 08/08/2023 | Flat |
| 386 FLAT 42 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 4LB | £220,000 | 20/07/2023 | Flat |
| 9 FLAT A2002 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ | £385,300 | 14/07/2023 | Flat |
| 9 FLAT B5001 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UG | £2,002,000 | 30/06/2023 | Flat |
| 9 FLAT A3401 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TT | £472,000 | 13/04/2023 | Flat |
| 9 FLAT B307 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UA | £480,000 | 29/03/2023 | Flat |
Area average: £522,015 (20 sales)
Capital growth trend
Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).
House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of April 2026.
Rental Range
Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.
Based on Local Authority from postcode lookup → Manchester.
LHA (30th percentile) floor for Central Greater Manchester: £773/mo (Apr 2025 – Mar 2026)
Location
Address
Deansgate
Nearby
Nearest stations, universities and amenities (distance from property).
| Type | Name | Distance |
|---|---|---|
| Bus stop | Bridgewater Viaduct/Knott Mill (B) | 0.1 miles |
| Bus stop | CHESTER Road/Castlegate | 0.1 miles |
| Train station | Deansgate | 0.1 miles |
| Shop | Lakeland Grocers | 0.1 miles |
| Shop | Deansgate Square General Store | 0.1 miles |
| Train station | Manchester Oxford Road | 0.4 miles |
| University | Manchester Metropolitan University | 0.5 miles |
| University | Manchester School of Art | 0.7 miles |
| Hospital | Salford Gastric Bypass Surgery | 2.0 miles |
| Hospital | The Ailsa Craig Medical Practise | 2.2 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 |
|---|---|---|---|
| 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 |
| The Manchester Metropolitan University | Other | 0.6 miles | — (No rating) |
| Rolls Crescent Primary School | Primary | 0.6 miles | Good — 20 May 2015 |
| Martenscroft Nursery School & Children's Centre | Nursery | 0.7 miles | Outstanding — 22 Jul 2024 |
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 |
|---|---|---|---|---|
| 1 Bed Flat, Owen St, M15 | £1,550/mo | 1 | 0.1 miles | OpenRent |
| 1 Bed Flat, Great Bridgewater St, M1 | £1,650/mo | 1 | 0.19 miles | OpenRent |
Average rent: £1,600/mo (2 listings)
Rent-driven metrics
Based on OpenRent comparables.
- 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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