Sold House

FLAT 162

21 ASPIN LANE, MANCHESTER, GREATER MANCHESTER M4 4GU

2 beds 2 baths 786 sq ft Listed 29 Apr 2025 (-400d)

£360,000

Reduced on 9 May 2025

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# 2 bedroom house for sale (M4 4GU)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 162, 21 ASPIN LANE, MANCHESTER, GREATER MANCHESTER M4 4GU |
| Price | £360,000 |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Floor area | 73 m² |
| Last sold | £377,815 Jul 2022 |

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** C
- **Current heating cost:** £208/year

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0350-3178-3040-2702-8311)

## Description

Upon entering, you are welcomed into a spacious open-concept living area that seamlessly blends the kitchen and reception room, creating an ideal space for entertaining guests or enjoying quiet evenings at home. The gourmet kitchen is equipped with high-quality appliances, making it a delight for any culinary enthusiast.

This delightful residence features two tranquil bedrooms, each designed to provide a peaceful retreat. The spa-inspired bathrooms are a standout feature, offering a luxurious experience that invites relaxation and rejuvenation.

Residents of this property will also benefit from a range of exceptional amenities, including a state-of-the-art fitness centre and a residents' lounge, perfect for socialising with neighbours or unwinding after a long day. For those special occasions, a private dining room is available, ensuring that every gathering is memorable.

With the added convenience of a 24-hour concierge service, this home not only provides comfort but also peace of mind. Whether you are looking to buy or rent, this property on Aspin Lane is a remarkable opportunity to embrace modern living in a vibrant Manchester location.

Investment Potential:

Manchester's thriving property market continues to attract investors from around the world. This apartment's prime location, modern features, premium amenities, exquisite finishes, and strong rental demand make it an exceptional investment opportunity, with the potential for both capital appreciation and attractive rental yields.

EPC Rating: C

## Property Photos

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- ![5.jpeg](/listings/photos/161284109/599610) - 5.jpeg
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## Floorplans

- ![fp.png](/listings/photos/161284109/599621) - fp.png

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 21 FLAT 162 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £377,815 | 12/07/2022 | 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 |
|---------|-------|------|------|
| PARKING SPACE 13, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP | £477,500 | 07/05/2025 | Other |
| 2 PARKING SPACE 22 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP | £20,000 | 13/10/2023 | Other |
| [Same street] 21 FLAT 193 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £361,800 | 14/07/2023 | Flat |
| 19 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4DP | £45,000 | 21/06/2023 | Other |
| [Same street] 21 FLAT 188 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £349,500 | 20/01/2023 | Flat |
| [Same street] 21 FLAT 198 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £652,000 | 29/12/2022 | Flat |
| PARKING SPACE 07, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GQ | £20,000 | 21/12/2022 | Other |
| [Same street] 21 FLAT 199 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £697,000 | 30/11/2022 | Flat |
| [Same street] 21 FLAT 200 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £609,500 | 14/10/2022 | Flat |
| [Same street] 21 FLAT 197 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £571,450 | 28/09/2022 | Flat |
| PARKING SPACE 03, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP | £20,000 | 23/09/2022 | Other |
| 6 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GQ | £500,000 | 16/09/2022 | Other |
| 6 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GQ | £500,000 | 06/09/2022 | Other |
| [Same street] 21 FLAT 192 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £392,000 | 02/09/2022 | Flat |
| [Same street] 21 FLAT 182 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £368,480 | 31/08/2022 | Flat |
| [Same street] 21 FLAT 194 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £264,176 | 27/07/2022 | Flat |
| [Same street] 21 FLAT 195 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £374,905 | 24/06/2022 | Flat |
| [Same street] 21 FLAT 189 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £278,810 | 16/06/2022 | Flat |
| [Same street] 21 FLAT 174 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £258,862 | 20/04/2022 | Flat |
| [Same street] 21 FLAT 179 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £258,862 | 07/04/2022 | Flat |
| [Same street] 21 FLAT 159 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £257,500 | 05/04/2022 | Flat |
| [Same street] 21 FLAT 176 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU | £382,200 | 05/04/2022 | Flat |
| 43 REDBANK, MANCHESTER, GREATER MANCHESTER, M4 4HF | £1,000,000 | 21/12/2021 | Other |
| PARKING SPACE 12, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP | £20,000 | 30/09/2021 | Other |
| 4 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GQ | £519,950 | 23/08/2021 | Other |
| 17 DYCHE STREET, MANCHESTER, GREATER MANCHESTER, M4 4BQ | £520,000 | 23/08/2021 | Other |
| PARKING SPACE 13, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP | £20,000 | 13/08/2021 | Other |
| PARKING SPACE 4, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP | £20,000 | 05/08/2021 | Other |
| PARKING SPACE 1, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP | £20,000 | 30/06/2021 | Other |
| PARKING SPACE 11, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP | £20,000 | 30/06/2021 | Other |

**Street average:** £405,136 (15 sales)
**Area average:** £248,163 (15 sales)

## Price vs local average

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

- **Local average:** £502,056 (6 Other, M4, 2024–2026)
- **Deviation:** -28.3%

## 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):** £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 |
|------|------|------|------|------|
| [The Gate, M4](http://87.117.209.195:8080/listings/a52926c) | £1,525/mo | 2 | 0.01 miles | Rightmove |
| 2 Bed Flat, Old Mount Street, M4 | £1,600/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Flat, Printing Press House, M4 | £2,500/mo | 2 | 0.09 miles | OpenRent |
| 2 Bed Flat, Cypress Place, M4 | £1,320/mo | 2 | 0.14 miles | OpenRent |
| 2 Bed Flat, Masson Place, M4 | £1,200/mo | 2 | 0.18 miles | OpenRent |
| 2 Bed Flat, Dantzic St, M4 | £1,733/mo | 2 | 0.25 miles | OpenRent |

**Average rent: £1,646/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.43% (weak for cashflow)
- **Max investor price (0.8%):** £195,375
- **Target investor price (1%):** £156,300

*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 £1,563/mo).*

- **Gross yield:** 5.2%
- **Cost-to-rent:** 19.2×
- **Monthly cashflow:** £-36/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -0.4%

*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).*

## Price per Square Metre

- **£/m²:** £4,932/m²

## Capital growth trend

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

- **5y growth:** -65.1%
- **10y growth:** -26.7%

## House Price Index (HM Land Registry)

*Official index for Manchester; All dwelling types series; as of March 2026.*

- **1y growth (index):** 1.4%
- **5y growth (index):** 18.2%
- **10y growth (index):** 75.3%

## 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)

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Property details

Tenure

LEASEHOLD

Floor area

73 m²

EPC rating

Last sold

£377,815 Jul 2022

Price per m²

£4,932/m²

Local average

£502,056 (-28.3%)

Deprivation

Decile 6 (17,591 of 33,755)

Street crime

11 incidents within 1 mile (Mar 2026)

Description

Nestled in the charming Aspin Lane, Manchester, this exquisite new build house offers a modern living experience that is both stylish and comfortable. Spanning an impressive 786 square feet, the property was completed in 2022 and boasts a contemporary design that caters to the needs of today’s discerning homeowner.

Upon entering, you are welcomed into a spacious open-concept living area that seamlessly blends the kitchen and reception room, creating an ideal space for entertaining guests or enjoying quiet evenings at home. The gourmet kitchen is equipped with high-quality appliances, making it a delight for any culinary enthusiast.

This delightful residence features two tranquil bedrooms, each designed to provide a peaceful retreat. The spa-inspired bathrooms are a standout feature, offering a luxurious experience that invites relaxation and rejuvenation.

Residents of this property will also benefit from a range of exceptional amenities, including a state-of-the-art fitness centre and a residents' lounge, perfect for socialising with neighbours or unwinding after a long day. For those special occasions, a private dining room is available, ensuring that every gathering is memorable.

With the added convenience of a 24-hour concierge service, this home not only provides comfort but also peace of mind. Whether you are looking to buy or rent, this property on Aspin Lane is a remarkable opportunity to embrace modern living in a vibrant Manchester location.

Investment Potential:

Manchester's thriving property market continues to attract investors from around the world. This apartment's prime location, modern features, premium amenities, exquisite finishes, and strong rental demand make it an exceptional investment opportunity, with the potential for both capital appreciation and attractive rental yields.

EPC Rating: C

Listed by

Covering Manchester

The Goat Residential Ltd

Reference: 161284109

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 08/04/2022

Current heating cost: £208/year

Potential heating cost: £208/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

fp.png

Price history

Event	Date	Price	% change
Sold	12/07/2022 (3 years ago)	£377,815	—

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
PARKING SPACE 13, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP	£477,500	07/05/2025	Other
2 PARKING SPACE 22 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP	£20,000	13/10/2023	Other
Same street 21 FLAT 193 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£361,800	14/07/2023	Flat
19 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4DP	£45,000	21/06/2023	Other
Same street 21 FLAT 188 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£349,500	20/01/2023	Flat
Same street 21 FLAT 198 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£652,000	29/12/2022	Flat
PARKING SPACE 07, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GQ	£20,000	21/12/2022	Other
Same street 21 FLAT 199 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£697,000	30/11/2022	Flat
Same street 21 FLAT 200 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£609,500	14/10/2022	Flat
Same street 21 FLAT 197 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£571,450	28/09/2022	Flat
PARKING SPACE 03, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP	£20,000	23/09/2022	Other
6 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GQ	£500,000	16/09/2022	Other
6 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GQ	£500,000	06/09/2022	Other
Same street 21 FLAT 192 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£392,000	02/09/2022	Flat
Same street 21 FLAT 182 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£368,480	31/08/2022	Flat
Same street 21 FLAT 194 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£264,176	27/07/2022	Flat
Same street 21 FLAT 195 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£374,905	24/06/2022	Flat
Same street 21 FLAT 189 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£278,810	16/06/2022	Flat
Same street 21 FLAT 174 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£258,862	20/04/2022	Flat
Same street 21 FLAT 179 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£258,862	07/04/2022	Flat
Same street 21 FLAT 159 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£257,500	05/04/2022	Flat
Same street 21 FLAT 176 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU	£382,200	05/04/2022	Flat
43 REDBANK, MANCHESTER, GREATER MANCHESTER, M4 4HF	£1,000,000	21/12/2021	Other
PARKING SPACE 12, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP	£20,000	30/09/2021	Other
4 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GQ	£519,950	23/08/2021	Other
17 DYCHE STREET, MANCHESTER, GREATER MANCHESTER, M4 4BQ	£520,000	23/08/2021	Other
PARKING SPACE 13, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP	£20,000	13/08/2021	Other
PARKING SPACE 4, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP	£20,000	05/08/2021	Other
PARKING SPACE 1, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP	£20,000	30/06/2021	Other
PARKING SPACE 11, 2 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GP	£20,000	30/06/2021	Other

Street average: £405,136 (15 sales)

Area average: £248,163 (15 sales)

Capital growth trend

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

5y growth -65.1%

10y growth -26.7%

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

1y (index) 1.4%

5y (index) 18.2%

10y (index) 75.3%

Company ownership

Registered legal owner is a company.

Company-owned (UK company) Company-owned (Overseas company)

Company: TRIPYRAMID MANCHESTER DEVELOPMENTS LTD (13712813)

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: £474/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M4 4GU

Nearby

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

Type	Name	Distance
Shop	Sunbelt Rentals	0.1 miles
Shop	North West Auto Services	0.1 miles
Bus stop	Manchester City Centre, Corporation Street / Victoria Rail Station (Stop NU)	0.2 miles
Bus stop	Newtown, Rochdale Road / opposite Marshall Street	0.2 miles
Train station	Manchester Victoria	0.2 miles
University	UCEN Manchester (City Campus)	0.3 miles
University	University of Law	0.6 miles
Train station	Manchester Piccadilly	0.9 miles
Hospital	Salford Gastric Bypass Surgery	2.4 miles
Hospital	The Ailsa Craig Medical Practise	2.7 miles

Street-level crime

Category	Count
Violence and sexual offences	6
Other theft	3
Theft from the person	2
Total incidents	11

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
The Cooperative College	Other	0.2 miles	— (No rating)
Digital Advantage	Other	0.2 miles	— (No rating)
Chetham's School of Music	Other	0.3 miles	— (No rating)
Abbott Community Primary School	Primary	0.5 miles	Outstanding — 12 Feb 2019
St Patrick's RC Primary School	Primary	0.5 miles	Good — 13 Jan 2022

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
The Gate, M4	£1,525/mo	2	0.01 miles	Rightmove
2 Bed Flat, Old Mount Street, M4	£1,600/mo	2	0.09 miles	OpenRent
2 Bed Flat, Printing Press House, M4	£2,500/mo	2	0.09 miles	OpenRent
2 Bed Flat, Cypress Place, M4	£1,320/mo	2	0.14 miles	OpenRent
2 Bed Flat, Masson Place, M4	£1,200/mo	2	0.18 miles	OpenRent
2 Bed Flat, Dantzic St, M4	£1,733/mo	2	0.25 miles	OpenRent

Average rent: £1,646/mo (6 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.43%

Max investor price (0.8%) £195,375

Target investor price (1%) £156,300

Gross yield 5.2%

Cost-to-rent ratio 19.2×

Monthly cashflow £-36/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI -0.4%

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).

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