For sale Flat

APARTMENT 922

12 LEFTBANK, MANCHESTER, GREATER MANCHESTER M3 3AH

2 beds 2 baths Listed 20 Apr 2026 (-92d)

£250,000

Offers Over

Reduced on 11 Jun 2026

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Property details

Tenure

LEASEHOLD (129 years remaining on lease)

Council tax band

E

Last sold

£245,000 Jun 2013

Local average

£283,642 (-11.9%)

Deprivation

Decile 6 (17,378 of 33,755)

Street crime

4 incidents within 1 mile (May 2026)

Key features

  • Mortgage Buyers Welcome
  • Corner Unit
  • Balcony
  • Open Plan Living Area
  • Two Double Bedrooms
  • En-suite and Main Bathroom Suite
  • Ninth Floor
  • 24hr Concierge
  • Near Salford Central Station
  • Close To Deansgate

Additional details

Parking
Allocated

Description

Leftbank is a riverside development located in the heart of the City Centre with a gateway from the river via a new boulevard with landscaped squares to the centre of Deansgate. Spinningfields is a mixture of high quality residential, commercial and leisure.

Benefits including a 24-hour concierge service and secure allocated parking this on the ninth floor, this well-presented apartment offers a spacious and modern layout throughout. The property comprises a bright open-plan lounge and dining area with direct access to a wrap-around balcony, perfect for enjoying elevated views. There is a generously sized, fully integrated kitchen, two double bedrooms, with the principal bedroom benefiting from an en-suite, alongside a stylish main bathroom suite. Further.

MORTGAGE BUYERS WELCOME due to mortgage companies lending criteria amendments following the Building Safety Act 2022. Full Funding from Developer in Place..

Subject to contract. EPC Rating C.

Listed by

Manchester Southern Gateway

The Lomond Group

Reference: 174702326

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Picture No. 03

Picture No. 03

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Listed for sale £250,000 +2%
Sold 21/06/2013 (13 years ago) £245,000

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
18 APARTMENT 402 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AJ £405,000 19/12/2025 Flat
29 APARTMENT 2901 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GR £360,000 10/06/2025 Flat
Same street 12 APARTMENT 1016 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AH £295,000 30/07/2024 Flat
Same street 12 APARTMENT 1013 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AH £310,000 23/02/2024 Flat
Same street 12 APARTMENT 1221 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AH £180,000 13/02/2024 Flat
18 APARTMENT 508 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AJ £255,500 20/12/2023 Flat
12 APARTMENT 715 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG £260,000 27/10/2023 Flat
29 APARTMENT 209 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GN £230,000 20/10/2023 Flat
12 APARTMENT 521 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG £210,000 08/09/2023 Flat
29 APARTMENT 1305 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GP £265,000 10/07/2023 Flat
12 APARTMENT 422 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG £270,000 30/06/2023 Flat
6 APARTMENT 1028 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AF £250,000 16/06/2023 Flat
12 APARTMENT 220 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AG £205,000 09/06/2023 Flat
Same street 12 APARTMENT 1322 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AH £280,000 24/02/2023 Flat
18 APARTMENT 812 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AJ £290,000 10/02/2023 Flat
29 APARTMENT 608 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GN £265,482 22/12/2022 Flat
29 APARTMENT 1010 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GP £325,023 12/12/2022 Flat
29 APARTMENT 1203 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GP £266,175 29/11/2022 Flat
29 APARTMENT 1006 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GP £339,671 25/11/2022 Flat
29 APARTMENT 1905 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GQ £268,155 18/11/2022 Flat
29 APARTMENT 3107 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GR £367,090 09/11/2022 Flat
29 APARTMENT 2801 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GR £350,053 08/11/2022 Flat
29 APARTMENT 1409 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GP £168,383 17/10/2022 Flat
29 APARTMENT 2906 NEW BAILEY STREET, SALFORD, GREATER MANCHESTER, M3 5GR £370,744 14/10/2022 Flat
Same street 12 APARTMENT 1402 LEFTBANK, MANCHESTER, GREATER MANCHESTER, M3 3AH £1,500,000 11/10/2022 Flat

Street average: £513,000 (5 sales)

Area average: £286,064 (20 sales)

Capital growth trend

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

5y growth -13.9%
10y growth 28.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of April 2026.

1y (index) -1.4%
5y (index) 8.8%
10y (index) 57%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: MELATI GROUP LIMITED (15335872)

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 Central Greater Manchester: £873/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Shop Sainsbury's Local 0.1 miles
Bus stop New Quay Street/Irwell Bridge 0.1 miles
Shop Mr 0.1 miles
Bus stop Gartside Street/Manchester Crown Court 0.1 miles
Train station Salford Central 0.2 miles
Train station Deansgate 0.5 miles
University University of Law 0.6 miles
University UCEN Manchester (City Campus) 0.7 miles
Hospital Salford Gastric Bypass Surgery 1.7 miles
Hospital The Ailsa Craig Medical Practise 2.6 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 Philip's CofE Primary School Primary 0.4 miles Good — 19 Oct 2023
Abbey College Manchester Other 0.4 miles (No rating)
The Cathedral School of St Peter and St John RC Primary Primary 0.5 miles Good — 10 Jul 2022
Chetham's School of Music Other 0.6 miles (No rating)
The Friars Primary School Primary 0.6 miles Good — 24 Apr 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
2 Bed Flat, Novella, M3 £1,750/mo 2 0.1 miles OpenRent
2 Bed Flat, Chapel St, M3 £1,500/mo 2 0.28 miles OpenRent
2 Bed Flat, The Edge, M3 £2,500/mo 2 0.29 miles OpenRent

Average rent: £1,917/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.7%
Max investor price (0.8%) £218,750
Target investor price (1%) £175,000
Gross yield 8.4%
Cost-to-rent ratio 11.9×
Monthly cashflow £565/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 9.4%
  • 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).