# 2 bedroom apartment for sale (M9 5FF) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 4, 351 QUEENS ROAD, MANCHESTER, GREATER MANCHESTER M9 5FF | | Price | £130,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | A | | Last sold | £129,000 Oct 2024 | ## Description The Property We are pleased to offer this beautifully presented two-bedroom ground floor flat, located in the highly sought-after area of Monsall. Perfect for both living and investment, this spacious property offers modern comforts and excellent connectivity to Manchester City Centre. As you enter, you'll immediately notice the exceptional condition and spaciousness of this home. The open-plan kitchen and reception area is the heart of the flat, providing a perfect space for both relaxing and entertaining. The contemporary kitchen is well-equipped with modern appliances and ample storage, making it a pleasure for culinary enthusiasts. The property features two generously sized bedrooms a double and a small double ensuring ample space for relaxation and rest. The master bedroom includes a stylish en-suite bathroom, offering a private retreat for unwinding. An additional well-appointed main bathroom serves the second bedroom and guests, ensuring convenience for all. Externally, the flat benefits from allocated parking within the communal grounds, providing secure and easy access. The location is unbeatable, situated right on top of Queens Park, offering scenic views and recreational opportunities just steps away. Excellent transport links make commuting to Manchester City Centre quick and easy, enhancing the property's appeal. This flat in Monsall is an exceptional opportunity for those looking to enjoy modern, living in a prime location, or for investors seeking a valuable addition to their portfolio. Don’t miss the chance to make this stunning property your own. Book viewings 24 hours a day 7 days a week by clicking the brochure link below, visiting our website or alternatively you can arrange by calling our office. **Property ownership information** Ground rent review period: No review period Service charge review period: No review period Lease end date: 01/01/2147 Disclaimer for virtual viewingsSome or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided. ## Property Photos - ![Photo](/listings/photos/148350680/370064) - ![Photo](/listings/photos/148350680/370067) - ![Photo](/listings/photos/148350680/370069) - ![Photo](/listings/photos/148350680/370072) - ![Photo](/listings/photos/148350680/370074) - ![Photo](/listings/photos/148350680/370076) - ![Photo](/listings/photos/148350680/370079) - ![Photo](/listings/photos/148350680/370081) - ![Photo](/listings/photos/148350680/370082) - ![Photo](/listings/photos/148350680/370083) - ![Photo](/listings/photos/148350680/370084) - ![Photo](/listings/photos/148350680/370085) - ![Photo](/listings/photos/148350680/370086) ## Floorplans - ![Floorplan 1](/listings/photos/148350680/370089) - Floorplan 1 ## EPC Graphs - ![epc](/listings/photos/148350680/370091) - epc ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 351 FLAT 4 QUEENS ROAD, MANCHESTER, GREATER MANCHESTER, M9 5FF | £129,000 | 07/10/2024 | Flat | | 351 FLAT 4 QUEENS ROAD, MANCHESTER, GREATER MANCHESTER, M9 5FF | £67,000 | 01/12/2017 | 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 | |---------|-------|------|------| | 651 FLAT 3 ROCHDALE ROAD, MANCHESTER, GREATER MANCHESTER, M9 5SH | £143,000 | 01/12/2022 | Flat | | 391E QUEENS ROAD, MANCHESTER, GREATER MANCHESTER, M40 8AL | £90,000 | 31/10/2022 | Flat | | 651 FLAT 1 ROCHDALE ROAD, MANCHESTER, GREATER MANCHESTER, M9 5SH | £92,500 | 07/12/2021 | Flat | | 649 FLAT 1 ROCHDALE ROAD, MANCHESTER, GREATER MANCHESTER, M9 5SH | £87,000 | 24/09/2021 | Flat | | 391A FLAT E QUEENS ROAD, MANCHESTER, GREATER MANCHESTER, M40 8AL | £82,000 | 13/08/2021 | Flat | **Area average:** £98,900 (5 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £120,500 (12 Flat, M9, 2024–2026) - **Deviation:** +7.9% ## 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 Central Greater Manchester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £873/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, Rochdale Road, M9 | £1,180/mo | 2 | 0.09 miles | OpenRent | | 2 Bed Flat, Silchester Drive, M40 | £1,150/mo | 2 | 0.17 miles | OpenRent | | 2 Bed Terraced House, Bunyard St, M8 | £1,050/mo | 2 | 0.34 miles | OpenRent | | 2 Bed Detached House, Beeston Street, M9 | £2,500/mo | 2 | 0.63 miles | OpenRent | **Average rent: £1,470/mo (4 listings)** ## 1% Rule - **Rent ratio:** 0.9% (okay) - **Max investor price (0.8%):** £145,625 - **Target investor price (1%):** £116,500 *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 £1,165/mo).* - **Gross yield:** 10.8% - **Cost-to-rent:** 9.3× - **Monthly cashflow:** £512/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 16.3% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 50.2% - **10y growth:** 116.3% ## 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)