# 1 bedroom apartment for sale (M4 4AT)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 103, BARTON PLACE, 3, HORNBEAM WAY, MANCHESTER, GREATER MANCHESTER M4 4AT |
| Price | £209,950 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £119,950 Dec 2015 |

## 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!"

## Property Photos

- ![Photo](/listings/photos/170207867/82775)
- ![Photo](/listings/photos/170207867/82776)
- ![Photo](/listings/photos/170207867/82777)
- ![Photo](/listings/photos/170207867/82778)
- ![Photo](/listings/photos/170207867/82779)

## Floorplans

- ![Floorplan 1](/listings/photos/170207867/82780) - Floorplan 1

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| BARTON PLACE, 3 APARTMENT 103 HORNBEAM WAY, MANCHESTER, GREATER MANCHESTER, M4 4AT | £119,950 | 02/12/2015 | 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 |
|---------|-------|------|------|
| 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)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £268,000 (70 Flat, M4, 2024–2026)
- **Deviation:** -21.7%

## 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 East Lancs (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £424/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 |
|------|------|------|------|------|
| 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)**

## 1% Rule

- **Rent ratio:** 0.45% (weak for cashflow)
- **Max investor price (0.8%):** £118,750
- **Target investor price (1%):** £95,000

*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 £950/mo).*

- **Gross yield:** 5.4%
- **Cost-to-rent:** 18.4×
- **Monthly cashflow:** £3/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 0.1%

*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:** -7.1%
- **10y growth:** 69.7%

## 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)