# 2 bedroom flat for sale (M1 5JW) ## Property Details | Key | Value | |-----|-------| | Address | Great Bridgewater Street, Manchester, M1 5JW | | Price | £230,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | D | | Last sold | £152,000 | ## Description We are pleased to have for sale this two bedroom apartment located on the second floor of Great Bridgewater Street. This well presented property comprises of an entrance hallway, spacious lounge with a south facing balcony, kitchen with integrated appliances., two double bedrooms, modern family sized bathroom. The property also benefits from having allocated parking. MORTGAGE BUYERS WELCOME. **Entrance Hallway** - Solid oak flooring, intercom, hot water storage with plumbing for washing machine. **Kitchen** - 2.18 x 3.37 (7'1" x 11'0") - Accessed through the lounge, there is a range of wall and base units with complimentary kitchen worktop, integrated oven/ hob, dishwasher and extractor fan, stainless steel sink with mixer, tiled splash back. **Lounge** - 3.54 x 4.84 (11'7" x 15'10") - Solid oak flooring, electrical power sockets, electric heater, spot lighting, access to the balcony. **Bathroom** - 2.63 x 2.02 (8'7" x 6'7") - Bath and shower attachment over with glass shower screen, low level W.C, hand wash basin with mixer tap, towel rail, tiled walls, tiled flooring, extractor and spotlights. Additional storage cupboard. Double glazed UPVC window. **Bedroom One** - 3.77 x 2.79 (12'4" x 9'1") - Solid oak flooring, electrical heater, electric power sockets, spot lighting, double glazed UPVC window. **Bedroom Two** - Solid oak flooring, electrical heater, electric power sockets, spot lighting, double glazed UPVC window. **Externally** - South facing balcony accessed through lounge. Allocated parking. **Additional Information** - Service Charge - £2,527.00 Ground Rent- £87.00 Leasehold- 150 years from 1998 Council Tax Band- C EPC Rating - D Management Company - Casserly Property Management **Agents Notes** - .To be able to purchase a property in the United Kingdom all agents have a legal requirement to conduct Identity checks on all customers involved in the transaction to fulfil their obligations under Anti Money Laundering regulations. We outsource this check to a third party and a charge will apply. Ask the branch for further details **Disclaimer** - IMPORTANT NOTE TO PURCHASERS: The lease, ground rent and service charges should all be checked via the solicitors for clarification. We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as guide to prospective buyers only, and are not precise. If floor plans where included, these may not be to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us. ## Property Photos - ![Photo](/listings/photos/89031921/563744) - ![Photo](/listings/photos/89031921/563745) - ![Photo](/listings/photos/89031921/563746) - ![Photo](/listings/photos/89031921/563747) - ![Photo](/listings/photos/89031921/563748) - ![Photo](/listings/photos/89031921/563749) - ![Photo](/listings/photos/89031921/563750) - ![Photo](/listings/photos/89031921/563751) - ![Photo](/listings/photos/89031921/563752) - ![Photo](/listings/photos/89031921/563753) - ![Photo](/listings/photos/89031921/563754) - ![Photo](/listings/photos/89031921/563755) - ![Photo](/listings/photos/89031921/563756) - ![Photo](/listings/photos/89031921/563757) - ![Photo](/listings/photos/89031921/563758) - ![Photo](/listings/photos/89031921/563759) ## Floorplans - ![Floorplan 1](/listings/photos/89031921/563760) - Floorplan 1 ## EPC Graphs - ![EE Rating](/listings/photos/89031921/563761) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 88 FLAT 2 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £195,000 | 06/12/2024 | Flat | | 88 FLAT 18 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £186,000 | 16/08/2022 | Flat | | 88 FLAT 15 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £240,000 | 30/09/2021 | Flat | | 88 FLAT 8 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £219,500 | 27/08/2019 | Flat | | 88 FLAT 1 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £170,000 | 16/11/2018 | Flat | | 88 FLAT 1 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £170,000 | 16/11/2018 | Flat | | 88 FLAT 7 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £215,000 | 15/12/2017 | Other | | 88 FLAT 12 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £240,000 | 15/08/2016 | Flat | | 88 FLAT 13 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £190,000 | 23/03/2012 | Flat | | 88 FLAT 2 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £152,500 | 27/04/2011 | Flat | | 88 FLAT 7 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £152,000 | 19/06/2009 | Flat | | 88 FLAT 7 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £152,000 | 19/06/2009 | Flat | | 88 FLAT 6 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £210,000 | 07/02/2008 | Flat | | 88 FLAT 9 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £193,000 | 25/01/2007 | Flat | | 88 FLAT 9 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £176,000 | 23/09/2002 | Flat | | 88 FLAT 8 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £126,000 | 11/09/2002 | Flat | | 88 FLAT 2 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £131,000 | 22/07/2002 | Flat | | 88 FLAT 2 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £129,950 | 05/06/2001 | Flat | | 88 FLAT 2 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £129,950 | 05/06/2001 | Flat | | 88 FLAT 9 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JW | £159,000 | 23/06/2000 | 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 | |---------|-------|------|------| | 51 APARTMENT 408 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5EB | £202,500 | 07/01/2026 | Flat | | 51 APARTMENT 112 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5EA | £315,000 | 19/12/2025 | Flat | | 35A FLAT 2 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5ND | £250,000 | 18/12/2025 | Flat | | 51 APARTMENT 105 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5EA | £200,000 | 14/01/2025 | Flat | | 51 APARTMENT 106 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5EA | £250,000 | 17/11/2023 | Flat | | CHEPSTOW HOUSE, 16 - 20 FLAT 30 CHEPSTOW STREET, MANCHESTER, GREATER MANCHESTER, M1 5JF | £345,250 | 21/10/2022 | Flat | | CHEPSTOW HOUSE, 16 - 20 FLAT 3 CHEPSTOW STREET, MANCHESTER, GREATER MANCHESTER, M1 5JF | £280,000 | 09/09/2022 | Flat | | 27 FLAT 8 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5ND | £166,200 | 26/08/2022 | Flat | | 84 FLAT 10 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JG | £235,000 | 23/07/2022 | Flat | | CHEPSTOW HOUSE, 16 - 20 FLAT 36 CHEPSTOW STREET, MANCHESTER, GREATER MANCHESTER, M1 5JF | £216,500 | 24/06/2022 | Flat | | THE LOCK BUILDING, 41 APARTMENT 618 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5BE | £265,000 | 24/06/2022 | Flat | | 84 FLAT 4 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JG | £230,000 | 10/06/2022 | Flat | | 51 APARTMENT 316 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5EB | £250,000 | 27/05/2022 | Flat | | THE LOCK BUILDING, 41 APARTMENT 808 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5BE | £190,000 | 21/04/2022 | Flat | | CHEPSTOW HOUSE, 16 - 20 FLAT 29 CHEPSTOW STREET, MANCHESTER, GREATER MANCHESTER, M1 5JF | £411,500 | 18/03/2022 | Flat | | CHEPSTOW HOUSE, 16 - 20 FLAT 41 CHEPSTOW STREET, MANCHESTER, GREATER MANCHESTER, M1 5JF | £390,000 | 25/02/2022 | Flat | | 84 FLAT 12 GREAT BRIDGEWATER STREET, MANCHESTER, GREATER MANCHESTER, M1 5JG | £225,000 | 02/02/2022 | Flat | | 27 FLAT 4 WHITWORTH STREET WEST, MANCHESTER, GREATER MANCHESTER, M1 5ND | £165,000 | 28/01/2022 | Flat | | CHEPSTOW HOUSE, 16 - 20 FLAT 16 CHEPSTOW STREET, MANCHESTER, GREATER MANCHESTER, M1 5JF | £323,000 | 27/01/2022 | Flat | | CHEPSTOW HOUSE, 16 - 20 FLAT 31 CHEPSTOW STREET, MANCHESTER, GREATER MANCHESTER, M1 5JF | £317,500 | 21/01/2022 | Flat | **Area average:** £261,373 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £268,224 (61 Flat, M1, 2024–2026) - **Deviation:** -14.3% ## Rental Range *ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,222/mo - **Realistic:** £1,358/mo - **Optimistic:** £1,494/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £449/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, Great Bridgewater Street, M1 | £1,560/mo | 2 | 0.04 miles | OpenRent | | 2 Bed Flat, The Lock Building, M1 | £1,350/mo | 2 | 0.05 miles | OpenRent | | 2 Bed Flat, Whitworth Street West, M1 | £1,275/mo | 2 | 0.06 miles | OpenRent | | 2 Bed Flat, Whitworth Street West, M1 | £1,550/mo | 2 | 0.06 miles | OpenRent | | 2 Bed Flat, Whitworth Street West, M1 | £1,550/mo | 2 | 0.06 miles | OpenRent | | 2 Bed Flat, Whitworth Street West, M1 | £1,420/mo | 2 | 0.08 miles | OpenRent | | 2 Bed Flat, Cambridge Street, M1 | £3,060/mo | 2 | 0.1 miles | OpenRent | | 2 Bed Flat, The Assembly, M1 | £1,825/mo | 2 | 0.1 miles | OpenRent | | 2 Bed Flat, Great Bridgewater Street, M1 | £2,200/mo | 2 | 0.16 miles | OpenRent | | 2 Bed Flat, Axis Tower, M1 | £1,675/mo | 2 | 0.19 miles | OpenRent | | 2 Bed Flat, Oxford Road, M1 | £1,550/mo | 2 | 0.19 miles | OpenRent | | 2 Bed Flat, Dickinson Street, M1 | £1,775/mo | 2 | 0.21 miles | OpenRent | | 2 Bed Flat, The Quadrangle, M1 | £1,650/mo | 2 | 0.21 miles | OpenRent | **Average rent: £1,726/mo (13 listings)** ## 1% Rule - **Rent ratio:** 0.68% (weak for cashflow) - **Max investor price (0.8%):** £195,000 - **Target investor price (1%):** £156,000 *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 £1,560/mo).* - **Gross yield:** 8.1% - **Cost-to-rent:** 12.3× - **Monthly cashflow:** £473/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 8.5% *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:** -0.7% - **10y growth:** 25.6% ## House Price Index (HM Land Registry) *Official index for Manchester; Flats and maisonettes series; as of May 2026.* - **1y growth (index):** -2% - **5y growth (index):** 9.1% - **10y growth (index):** 56.3% ## 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)