# 3 bedroom apartment for sale (M3 1AZ) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 807, 1 DEANSGATE, MANCHESTER, GREATER MANCHESTER M3 1AZ | | Price | £1,250,000 | | Bedrooms | 3 | | Bathrooms | 3 | | Council tax | H | | Last sold | £825,000 Oct 2016 | ## Description **Entering this beautifully styled duplex penthouse apartment, you step into a gorgeous light hallway with light oak floors and luxurious fittings. The downstairs is home to three bedrooms, the third of which is currently configured as a spacious dressing room. The master is a generous suite with spectacular corner views overlooking the city. The décor is elegant and simply stunning. From the bedroom, step into your large master en-suite bathroom and enjoy one of the best views in Manchester from the comfort of the freestanding bathtub! With a gorgeous white suite with waterfall taps, beautiful marble tiles and a separate rainfall shower it really is an opulent space that would make any morning routine a pleasure. The spacious dressing room could easily be converted back into a third bedroom should any prospective buyer wish to do so. With all three bedrooms opening onto the full-length glass louvred balconies, the second bedroom, with floor to ceiling windows, is stylishly appointed and served by its own en-suite bathroom with rainfall shower. The current owner has made great use of the enclosed balcony on this floor, with a gym and yoga area looking out onto the city, alongside an adjacent office space, perfect for working from home. Upstairs, the substantial living areas are strikingly beautiful, the lounge and dining area enjoy double heighted ceilings, with stunning pendant ceiling lights. The lounge opens onto an unusually spacious open terrace, with entertaining/relaxation area and an eight-person Canadian cedar hot tub, which benefit from exceptional views over the city and the countryside beyond.** **The open plan kitchen and dining space is the perfect place to entertain - accompany your guests whilst you create a culinary delight in the kitchen, with sleek white gloss units and Bosch appliances it is every chef's dream! The outside space again has been used to great effect as an extended living and entertaining space, with a barbecue, outdoor seating area and a reading/relaxation area, all of which enjoy magnificent views. What more could you ask for? Naturally, an apartment of this standard is serviced with 24hr concierge service and secure parking, with two designated parking spaces. This stunning penthouse is available now for viewings.** EPC Rating: D ## Property Photos - ![Dining Room](/listings/photos/156628118/64119) - Dining Room - ![Kitchen](/listings/photos/156628118/64121) - Kitchen - ![Photo](/listings/photos/156628118/64123) - ![Dining Room](/listings/photos/156628118/64125) - Dining Room - ![Lounge](/listings/photos/156628118/64126) - Lounge - ![Kitchen](/listings/photos/156628118/64128) - Kitchen - ![Dining Room](/listings/photos/156628118/64129) - Dining Room - ![Lounge](/listings/photos/156628118/64131) - Lounge - ![Hallway](/listings/photos/156628118/64132) - Hallway - ![Master Bedroom](/listings/photos/156628118/64133) - Master Bedroom - ![Master Bedroom](/listings/photos/156628118/64136) - Master Bedroom - ![Master Bedroom](/listings/photos/156628118/64138) - Master Bedroom - ![En-suite](/listings/photos/156628118/64140) - En-suite - ![Dressing Room](/listings/photos/156628118/64141) - Dressing Room - ![Dressing Room](/listings/photos/156628118/64143) - Dressing Room - ![Bedroom](/listings/photos/156628118/64145) - Bedroom - ![Bedroom](/listings/photos/156628118/64147) - Bedroom - ![En-suite](/listings/photos/156628118/64149) - En-suite - ![Bathroom](/listings/photos/156628118/64151) - Bathroom - ![Photo](/listings/photos/156628118/64153) - ![Photo](/listings/photos/156628118/64155) - ![Photo](/listings/photos/156628118/64157) - ![Photo](/listings/photos/156628118/64158) ## Floorplans - ![Floorplan 1](/listings/photos/156628118/64161) - Floorplan 1 ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 1 FLAT 807 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £825,000 | 17/10/2016 | 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 | |---------|-------|------|------| | [Same street] 1 FLAT 504 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £252,500 | 20/11/2025 | Flat | | [Same street] 1 FLAT 501 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £325,000 | 27/08/2025 | Flat | | [Same street] 1 FLAT 701 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £260,000 | 31/07/2025 | Flat | | [Same street] 1 FLAT 804 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £240,000 | 04/07/2025 | Flat | | [Same street] 1 FLAT 302 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £285,000 | 12/02/2025 | Flat | | [Same street] 1 FLAT 207 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £180,000 | 15/07/2024 | Flat | | [Same street] 1 FLAT 109 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £311,000 | 06/12/2023 | Flat | | [Same street] 1 FLAT 604 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £326,500 | 01/11/2023 | Flat | | [Same street] 1 FLAT 204 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £195,000 | 16/02/2023 | Flat | | [Same street] 1 FLAT 303 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £340,000 | 15/12/2022 | Flat | | 42 - 46 APARTMENT 1 VICTORIA STREET, MANCHESTER, GREATER MANCHESTER, M3 1ST | £207,000 | 18/10/2022 | Flat | | [Same street] 1 FLAT 805 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £335,000 | 10/10/2022 | Flat | | [Same street] 1 FLAT 208 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £350,000 | 21/09/2022 | Flat | | [Same street] 1 FLAT 202 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £415,000 | 28/01/2022 | Flat | | [Same street] 1 FLAT 707 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £327,000 | 30/09/2021 | Flat | | [Same street] 1 FLAT 203 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 1AZ | £430,000 | 13/09/2021 | Flat | **Street average:** £304,800 (15 sales) **Area average:** £207,000 (1 sale) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £285,168 (345 Flat, M3, 2024–2026) - **Deviation:** +338.3% ## Rental Range *ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,217/mo - **Realistic:** £1,352/mo - **Optimistic:** £1,487/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for Central Greater Manchester (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £947/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 | |------|------|------|------|------| | 3 Bed Flat, Tuscany House, M1 | £1,650/mo | 3 | 0.46 miles | OpenRent | | 3 Bed Flat, The Lock Building, M1 | £1,500/mo | 3 | 0.66 miles | OpenRent | **Average rent: £1,575/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.13% (weak for cashflow) - **Max investor price (0.8%):** £196,875 - **Target investor price (1%):** £157,500 *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 £1,575/mo).* - **Gross yield:** 1.5% - **Cost-to-rent:** 66.1× - **Monthly cashflow:** £-3,530/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -11.7% *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:** 6.2% - **10y growth:** 25.9% ## 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)