# 2 bedroom apartment for sale (M4 6AN) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 307, 22 LOOM STREET, MANCHESTER, GREATER MANCHESTER M4 6AN | | Price | £170,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | C | | Last sold | £170,000 Apr 2026 | ## Description Julie Twist Properties welcomes to the market this dual-aspect apartment located in BS41, in the highly sought-after area of Ancoats. Positioned on the 3rd floor, the apartment offers an open-plan kitchen, which flows into the living and dining area, making it ideal for both relaxation and entertaining. There are two generously sized double bedrooms, one of which has an ensuite, as well as an additional bathroom which is accessed via the hallway. Ancoats is a beautiful area, seamlessly blending historic mills, cobbled streets and canals with tasteful new build developments. Ancoats is within easy walking distance to Piccadilly and Victoria Train station, Shudehill and Piccadilly Gardens bus interchange and numerous Metrolink stops meaning public transport is an option everywhere. Ancoats also sits next to the inner city ring road giving great access to motorway links out of the city centre. GENERAL: Rental Yield: 7.4% (Based on expected rental price of £1050pcm) Service Charge: £2805.84 per annum Ground Rent: £304.63 per annum Ground Rent Escalation Clause: Reviewed every 10 years in line with RPI Lease: 125 years remaining from March 2005 Square Footage: 569 sq.ft / 52.9 sq.m approximately Council Tax Band: C Management Company: Premier Estates ## Property Photos - ![image00009](/listings/photos/170350724/1708610) - image00009 - ![image00006](/listings/photos/170350724/1708611) - image00006 - ![image00004](/listings/photos/170350724/1708612) - image00004 - ![image00005](/listings/photos/170350724/1708613) - image00005 - ![image00002](/listings/photos/170350724/1708614) - image00002 - ![image00008](/listings/photos/170350724/1708615) - image00008 - ![image00003](/listings/photos/170350724/1708616) - image00003 - ![image00007](/listings/photos/170350724/1708617) - image00007 - ![image00001](/listings/photos/170350724/1708618) - image00001 ## Floorplans - ![307-High](/listings/photos/170350724/1708619) - 307-High ## EPC Graphs - ![EPC 1](/listings/photos/170350724/1708620) - EPC 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 22 FLAT 307 LOOM STREET, MANCHESTER, GREATER MANCHESTER, M4 6AN | £170,000 | 01/04/2026 | 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 | |---------|-------|------|------| | 22 FLAT 612 LOOM STREET, MANCHESTER, GREATER MANCHESTER, M4 6AN | £190,000 | 07/01/2026 | Flat | | ROPER COURT, 109 4 GEORGE LEIGH STREET, MANCHESTER, GREATER MANCHESTER, M4 6GG | £280,000 | 05/12/2025 | Flat | | K502 KENNEDY BUILDING, 6 MURRAY STREET, MANCHESTER, GREATER MANCHESTER, M4 6HS | £220,000 | 28/11/2025 | Flat | | ROPER COURT, 109 30 GEORGE LEIGH STREET, MANCHESTER, GREATER MANCHESTER, M4 6GG | £395,000 | 20/11/2025 | Flat | | 20 FLAT 613 LOOM STREET, MANCHESTER, GREATER MANCHESTER, M4 6AN | £185,000 | 17/10/2025 | Flat | | MURRAYS MILLS, 50 119 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LS | £370,000 | 01/08/2025 | Flat | | 47 FLAT 63 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6BB | £200,000 | 04/12/2023 | Flat | | NEW LITTLE MILL, 60 FLAT 6 RADIUM STREET, MANCHESTER, GREATER MANCHESTER, M4 6GH | £237,500 | 25/08/2023 | Flat | | MURRAYS MILLS, 50 84 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LS | £550,000 | 11/08/2023 | Flat | | ONE CUTTING ROOM SQUARE, 16 FLAT 25 HOOD STREET, MANCHESTER, GREATER MANCHESTER, M4 6WX | £575,000 | 14/07/2023 | Flat | | K101 KENNEDY BUILDING, 6 MURRAY STREET, MANCHESTER, GREATER MANCHESTER, M4 6HS | £220,000 | 11/07/2023 | Flat | | MURRAYS MILLS, 50 91 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LS | £327,500 | 26/06/2023 | Flat | | 20 FLAT 504 LOOM STREET, MANCHESTER, GREATER MANCHESTER, M4 6AN | £200,000 | 05/05/2023 | Flat | | K404 KENNEDY BUILDING, 6 MURRAY STREET, MANCHESTER, GREATER MANCHESTER, M4 6HS | £290,000 | 31/03/2023 | Flat | | ONE CUTTING ROOM SQUARE, 16 FLAT 9 HOOD STREET, MANCHESTER, GREATER MANCHESTER, M4 6WX | £325,000 | 30/03/2023 | Flat | | 2A FLAT 23 NAVAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6BA | £230,500 | 15/02/2023 | Flat | | MURRAYS MILLS, 50 96 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LS | £235,000 | 16/12/2022 | Flat | | MURRAYS MILLS, 50 66 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LS | £340,000 | 12/12/2022 | Flat | | ROPER COURT, 109 14 GEORGE LEIGH STREET, MANCHESTER, GREATER MANCHESTER, M4 6GG | £385,000 | 30/11/2022 | Flat | | MURRAYS MILLS, 50 72 BENGAL STREET, MANCHESTER, GREATER MANCHESTER, M4 6LS | £345,000 | 29/11/2022 | Flat | **Area average:** £305,025 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £261,554 (83 Flat, M4, 2024–2026) - **Deviation:** -35% ## 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 East Lancs (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £474/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, Bengal Street, M4 | £1,345/mo | 2 | 0.02 miles | OpenRent | | 2 Bed Flat, Jersey Street, M4 | £1,500/mo | 2 | 0.14 miles | OpenRent | | 2 Bed Flat, Oldham Road, M4 | £1,500/mo | 2 | 0.19 miles | OpenRent | | 2 Bed Flat, Tib St, M4 | £3,000/mo | 2 | 0.27 miles | OpenRent | | 2 Bed Flat, High Street, M4 | £2,500/mo | 2 | 0.32 miles | OpenRent | | 2 Bed Flat, Vesta Street, M4 | £1,750/mo | 2 | 0.33 miles | OpenRent | | 2 Bed Flat, Vesta St, M4 | £1,700/mo | 2 | 0.34 miles | OpenRent | | 2 Bed Flat, Oxygen Tower, M1 | £1,600/mo | 2 | 0.36 miles | OpenRent | **Average rent: £1,862/mo (8 listings)** ## 1% Rule - **Rent ratio:** 0.97% (okay) - **Max investor price (0.8%):** £206,250 - **Target investor price (1%):** £165,000 *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 £1,650/mo).* - **Gross yield:** 11.6% - **Cost-to-rent:** 8.6× - **Monthly cashflow:** £791/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 19.2% *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:** -12.9% - **10y growth:** 45.5% ## 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)