Sold Flat

APARTMENT 103

BARTON PLACE, 3, HORNBEAM WAY, MANCHESTER, GREATER MANCHESTER M4 4AT

1 beds 1 baths 506 sq ft Listed 11 Dec 2025 (-177d)

£209,950

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Property details

Floor area

47 m²

EPC rating

C

Year built

England and Wales: 2003-2006

Last sold

£119,950 Dec 2015

Price per m²

£4,467/m²

Local average

£268,000 (-21.7%)

Deprivation

Decile 7 (21,277 of 33,755)

Street crime

10 incidents within 1 mile (Mar 2026)

Key features

  • Completed 1-Bed Apartment with Luxury Finish & Fixtures
  • 6% Rental Yield
  • Fully Managed & Completed
  • Eye-Catching Modern Design
  • Desirable Central Manchester Location
  • Strong Capital Growth Potential
  • Excellent Transport Links & Nearby Attractions
  • Top UK Developer
  • Onsite Rental Company
  • Enquire Now to Receive Info Pack and Financial Breakdown

Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

Completed - Earn Rental Income from Day 1!

DESCRIPTION
Looking for the next addition to your property investment portfolio?

Introducing a fantastic investment opportunity in the heart of Manchester: a collection of fully furnished and completed apartments offering spacious 1, 2, and 3-bedroom layouts. These properties are ideally suited for the city's growing young professional population, with a guaranteed 6% rental return.

Situated in the desirable M4 postcode, these apartments are conveniently located near top employers and offer easy access to Manchester's vibrant city centre. The contemporary design and high-quality finishes make these properties highly appealing to a wide range of tenants.

With property values in the North West predicted to increase by over 28.8% by 2028, this apartment offers exceptional rental yields and strong capital growth potential.

Contact RWinvest today to discuss this property investment opportunity. We are an award-winning buy-to-let property investment firm operating in the UK, having successfully connected over 100,000 investors with exclusive buy-to-let properties. Our leading developments offer high rental returns and capital growth in the UK's most exciting locations.

Enquire Today to Receive Floor Plans, Info Pack & Full Investment Breakdown!"

Listed by

Manchester

RW Invest North Ltd

Reference: 170207867

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 07/02/2019

Current heating cost: £145/year

Potential heating cost: £82/year

Est. upgrade cost to C: £1,000

Recommendations

  • High heat retention storage heaters and dual immersion cylinder (£800 - £1,200)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Price history

Event Date Price % change
Sold 02/12/2015 (10 years ago) £119,950

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
CYPRESS PLACE, 9 APARTMENT 1304 NEW CENTURY PARK, MANCHESTER, GREATER MANCHESTER, M4 4EH £230,000 16/01/2026 Flat
HALLMARK TOWER, 6 FLAT 88 CHEETHAM HILL ROAD, MANCHESTER, GREATER MANCHESTER, M4 4GA £247,500 19/12/2025 Flat
CYPRESS PLACE, 9 APARTMENT 1408 NEW CENTURY PARK, MANCHESTER, GREATER MANCHESTER, M4 4EH £250,000 15/12/2025 Flat
CYPRESS PLACE, 9 APARTMENT 1212 NEW CENTURY PARK, MANCHESTER, GREATER MANCHESTER, M4 4EH £247,000 12/12/2025 Flat
JEFFERSON PLACE, 1 APARTMENT 1513 FERNIE STREET, MANCHESTER, GREATER MANCHESTER, M4 4BT £133,000 08/12/2025 Flat
MASSON PLACE, 1 APARTMENT 605 HORNBEAM WAY, MANCHESTER, GREATER MANCHESTER, M4 4AQ £184,000 21/11/2025 Flat
CYPRESS PLACE, 9 APARTMENT 1302 NEW CENTURY PARK, MANCHESTER, GREATER MANCHESTER, M4 4EH £170,000 25/07/2025 Flat
MASSON PLACE, 1 APARTMENT 311 HORNBEAM WAY, MANCHESTER, GREATER MANCHESTER, M4 4AJ £193,000 18/07/2025 Flat
CYPRESS PLACE, 9 APARTMENT 1703 NEW CENTURY PARK, MANCHESTER, GREATER MANCHESTER, M4 4EH £273,000 01/07/2025 Flat
CYPRESS PLACE, 9 APARTMENT 214 NEW CENTURY PARK, MANCHESTER, GREATER MANCHESTER, M4 4EE £221,000 19/06/2025 Flat
MASSON PLACE, 1 APARTMENT 205 HORNBEAM WAY, MANCHESTER, GREATER MANCHESTER, M4 4AJ £130,000 22/04/2025 Flat
MELIA HOUSE, 19 APARTMENT 5.7A LORD STREET, MANCHESTER, GREATER MANCHESTER, M4 4AX £120,000 27/03/2025 Flat
CYPRESS PLACE, 9 APARTMENT 1008 NEW CENTURY PARK, MANCHESTER, GREATER MANCHESTER, M4 4EF £240,000 14/03/2025 Flat
JEFFERSON PLACE, 1 APARTMENT 621 FERNIE STREET, MANCHESTER, GREATER MANCHESTER, M4 4BL £195,000 15/12/2023 Flat
MASSON PLACE, 1 APARTMENT 806 HORNBEAM WAY, MANCHESTER, GREATER MANCHESTER, M4 4AQ £190,000 06/10/2023 Flat
MELIA HOUSE, 19 APARTMENT 3.2A LORD STREET, MANCHESTER, GREATER MANCHESTER, M4 4AX £162,500 16/08/2023 Flat
VALLEA COURT, 1 APARTMENT 1306 REDBANK, MANCHESTER, GREATER MANCHESTER, M4 4FH £165,000 30/06/2023 Flat
CYPRESS PLACE, 9 APARTMENT 115 NEW CENTURY PARK, MANCHESTER, GREATER MANCHESTER, M4 4EE £195,000 05/06/2023 Flat
HALLMARK TOWER 6 FLAT 109 CHEETHAM HILL ROAD, MANCHESTER, GREATER MANCHESTER, M4 4GA £250,000 12/05/2023 Flat
CYPRESS PLACE, 9 APARTMENT 1013 NEW CENTURY PARK, MANCHESTER, GREATER MANCHESTER, M4 4EF £225,000 02/05/2023 Flat

Area average: £201,050 (20 sales)

Capital growth trend

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

5y growth -10%
10y growth 70.8%

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

1y (index) -1.4%
5y (index) 9.1%
10y (index) 58.9%

Rental Range

Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,214/mo
Realistic £1,349/mo
Optimistic £1,484/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for East Lancs: £424/mo (Apr 2025 – Mar 2026)

Location

Address

3 Hornbeam Way

Nearby

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

Type Name Distance
Shop Texaco 0.1 miles
Shop Half Dozen Other Bakehouse 0.1 miles
Bus stop Strangeways, Cheetham Hill Road / opposite Park Place 0.1 miles
Bus stop Strangeways, Cheetham Hill Road / near Park Place 0.1 miles
Train station Manchester Victoria 0.2 miles
University UCEN Manchester (City Campus) 0.3 miles
University University of Law 0.7 miles
Train station Salford Central 0.9 miles
Hospital North Manchester General Hospital 1.9 miles
Hospital Plymouth Grove Medical Centre 2.0 miles

Street-level crime

Category Count
Violence and sexual offences 6
Other theft 3
Theft from the person 1
Total incidents 10

Within 1 mile during Mar 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
Digital Advantage Other 0.3 miles (No rating)
The Cooperative College Other 0.3 miles (No rating)
Chetham's School of Music Other 0.4 miles (No rating)
Eden Boys' Leadership Academy, Manchester Secondary 0.5 miles Good — 17 Jan 2022
Abbott Community Primary School Primary 0.6 miles Outstanding — 12 Feb 2019

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, Masson Place, M4 £950/mo 1 0.02 miles OpenRent
1 Bed Flat, Masson Place, M4 £950/mo 1 0.02 miles OpenRent
1 Bed Flat, Jefferson Place, M4 £1,050/mo 1 0.03 miles OpenRent
Studio Flat, Red Bank, M4 £850/mo 1 0.07 miles OpenRent
1 Bed Flat, Hallmark Tower, M4 £1,100/mo 1 0.07 miles OpenRent
Studio Flat, Cypress Place, M4 £840/mo 1 0.07 miles OpenRent
Studio Flat, Vallea Court, M4 £900/mo 1 0.07 miles OpenRent
1 Bed Flat, Hallmark Tower, M4 £1,200/mo 1 0.07 miles OpenRent
1 Bed Flat, Dutton St, M3 £1,375/mo 1 0.2 miles OpenRent

Average rent: £1,024/mo (9 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.45%
Max investor price (0.8%) £118,750
Target investor price (1%) £95,000
Gross yield 5.4%
Cost-to-rent ratio 18.4×
Monthly cashflow £3/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 0.1%
  • 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).