# 2 bedroom apartment for sale (M15 4ZQ) ## Property Details | Key | Value | |-----|-------| | Address | Three60, M15, M15 4ZQ | | Price | £349,950 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | E | ## Description Situated on the 14th floor of the striking Three60 development, this impressive two-bedroom apartment offers modern city living within one of Manchester-s most distinctive towers. The open-plan living and dining area is well-proportioned, complemented by a sleek, fully integrated kitchen designed for both everyday living and entertaining. Both bedrooms are generously sized, with the principal bedroom benefiting from an en-suite, alongside a separate contemporary bathroom serving the second bedroom. Residents enjoy access to a 24-hour concierge, secure entry, and lift access, all within easy reach of Deansgate, excellent transport links, and Manchester-s vibrant amenities. An ideal choice for owner-occupiers or investors seeking a high-quality property in a prime city-centre location. Additional Information Circa 860 Sq. Ft. Service Charge: Circa £2703 per annum Ground Rent: Circa £355 per annum Building Insurance: Circa £384.63 per annum Tenure: Leasehold ## Property Photos - ![Other](/listings/photos/90851442/1301477) - Other - ![ (Thumbnail)](/listings/photos/90851442/1301478) - (Thumbnail) - ![ (Thumbnail)](/listings/photos/90851442/1301479) - (Thumbnail) - ![ (Main)](/listings/photos/90851442/1301480) - (Main) - ![ (Main)](/listings/photos/90851442/1301481) - (Main) - ![ (Main)](/listings/photos/90851442/1301482) - (Main) - ![ (Main)](/listings/photos/90851442/1301483) - (Main) - ![ (Main)](/listings/photos/90851442/1301484) - (Main) - ![ (Main)](/listings/photos/90851442/1301485) - (Main) - ![ (Main)](/listings/photos/90851442/1301486) - (Main) - ![ (Main)](/listings/photos/90851442/1301487) - (Main) - ![ (Main)](/listings/photos/90851442/1301488) - (Main) - ![Other](/listings/photos/90851442/1301489) - Other - ![Other](/listings/photos/90851442/1301490) - Other - ![Other](/listings/photos/90851442/1301491) - Other - ![Other](/listings/photos/90851442/1301492) - Other - ![Other](/listings/photos/90851442/1301493) - Other - ![Other](/listings/photos/90851442/1301494) - Other ## Floorplans - ![Other](/listings/photos/90851442/1301495) - Other ## EPC Graphs - ![Other](/listings/photos/90851442/1301496) - Other ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | Address | Price | Date | Type | |---------|-------|------|------| | CASTLEGATE, 2 FLAT 507 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4QG | £350,000 | 09/01/2026 | Flat | | CASTLEGATE, 2 FLAT 410 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4QG | £210,000 | 08/01/2026 | Flat | | 9 FLAT A2703 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ | £357,000 | 12/12/2025 | Flat | | 141 FLAT 1901 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £357,000 | 02/12/2025 | Flat | | 9 FLAT A2006 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ | £328,000 | 26/11/2025 | Flat | | 2A FLAT B603 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SB | £430,000 | 20/05/2025 | Flat | | 141 FLAT 1108 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZF | £429,000 | 06/09/2024 | Flat | | 16 FLAT 1111 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZE | £420,000 | 18/12/2023 | Flat | | 16 FLAT 902 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £400,000 | 12/12/2023 | Flat | | MIDDLE WAREHOUSE APARTMENT 412 CASTLE QUAY, MANCHESTER, GREATER MANCHESTER, M15 4NT | £200,500 | 07/12/2023 | Flat | | 9 FLAT A1906 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TP | £480,000 | 01/12/2023 | Flat | | 141 FLAT 1512 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £385,000 | 31/10/2023 | Flat | | 2A FLAT A606 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4SA | £279,000 | 10/08/2023 | Flat | | 386 FLAT 42 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 4LB | £220,000 | 20/07/2023 | Flat | | 9 FLAT A2002 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ | £385,300 | 14/07/2023 | Flat | | 141 FLAT 1603 CHESTER ROAD, MANCHESTER, GREATER MANCHESTER, M15 4ZG | £263,900 | 12/05/2023 | Flat | | 9 FLAT A2007 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ | £370,000 | 03/03/2023 | Flat | | 16 FLAT 806 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZD | £295,000 | 12/01/2023 | Flat | | 16 FLAT 1604 SILVERCROFT STREET, MANCHESTER, GREATER MANCHESTER, M15 4ZE | £570,000 | 06/01/2023 | Flat | | 9 FLAT A306 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TN | £550,000 | 03/01/2023 | Flat | **Area average:** £363,985 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £238,299 (77 Flat, M15, 2024–2026) - **Deviation:** +46.9% ## Rental Range *ONS Price Index of Private Rents (North West). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £859/mo - **Realistic:** £954/mo - **Optimistic:** £1,049/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Richmond & Hambleton (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £549/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, Silvercroft Street, M15 | £1,950/mo | 2 | 0.03 miles | OpenRent | **Average rent: £1,950/mo (1 listing)** ## 1% Rule - **Rent ratio:** 0.56% (weak for cashflow) - **Max investor price (0.8%):** £243,750 - **Target investor price (1%):** £195,000 *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 £1,950/mo).* - **Gross yield:** 6.7% - **Cost-to-rent:** 15× - **Monthly cashflow:** £352/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 4.2% *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:** -25.7% - **10y growth:** 25.8% ## House Price Index (HM Land Registry) *Official index for North West; Flats and maisonettes series; as of April 2026.* - **1y growth (index):** 3.7% - **5y growth (index):** 12.9% - **10y growth (index):** 43.4% ## 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)