Sold STC Flat

FLAT 34

STONEBRIDGE HOUSE, 5, COBOURG STREET, MANCHESTER, GREATER MANCHESTER M1 3GB

2 beds 2 baths 646 sq ft Listed 6 Oct 2025 (-302d)

£240,000

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Property details

Tenure

LEASEHOLD (97 years remaining on lease)

Floor area

60 m²

Council tax band

D

EPC rating

C

Year built

England and Wales: 1996-2002

Last sold

£240,000 Mar 2026

Price per m²

£4,000/m²

Local average

£268,224 (-10.5%)

Deprivation

Decile 5 (16,419 of 33,755)

Street crime

5 incidents within 1 mile (Jun 2026)

Key features

  • Third floor apartment in Stonebridge House
  • 2 double bedrooms
  • Spacious living/dining area
  • Separate kitchen refitted to a high standard
  • Pleasant balcony
  • Prime city centre location near Piccadilly station
  • Perfect for owner-occupiers and investors
  • EWS1 form available (B1 rating)
  • Leasehold
  • EPC Rating TBC

Additional details

Garden
Yes

Description

This spacious 2 double bedroom apartment with balcony benefits from a prime central location adjacent to Vimto Park and near Piccadilly station along with the Kampus development. Situated on the third floor, the property features a large living/dining room, separate refitted kitchen and two bathrooms (1 ensuite). EWS1 form available (B1 rating). EPC Rating TBC.


IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in most cases.

MCC250615/2

Listed by

Manchester

Favsco 23 Ltd - LSL Franchise

Reference: 167845412

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 21/10/2025

Expiry date: 20/10/2035

Current heating cost: £503/year

Potential heating cost: £300/year

Est. upgrade cost to C: £1,800

Recommendations

  • High heat retention storage heaters (£1,200 - £2,400)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

Price history

78% since 2000

Event Date Price % change
Sold 25/03/2026 (4 months ago) £240,000 +78.1%
Sold 13/04/2000 (26 years ago) £134,750

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
VELVET COURT APARTMENT 14 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £120,000 18/12/2025 Flat
VELVET HOUSE, 60 APARTMENT 22 SACKVILLE STREET, MANCHESTER, GREATER MANCHESTER, M1 3WE £166,500 28/11/2025 Flat
Same street STONEBRIDGE HOUSE, 5 FLAT 12 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB £171,000 15/09/2025 Flat
SACKVILLE PLACE FLAT 19 BOMBAY STREET, MANCHESTER, GREATER MANCHESTER, M1 7AT £180,000 14/03/2025 Flat
VELVET COURT APARTMENT 3 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £206,500 23/01/2025 Flat
VELVET COURT APARTMENT 55 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £178,000 21/12/2023 Flat
SACKVILLE PLACE FLAT 25 BOMBAY STREET, MANCHESTER, GREATER MANCHESTER, M1 7AT £250,000 08/11/2023 Flat
WHITWORTH HOUSE, 53 FLAT 25 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3WS £237,500 13/10/2023 Flat
VELVET COURT APARTMENT 41 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £180,000 30/06/2023 Flat
14 FLAT 21 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3BS £155,000 05/06/2023 Flat
5 APARTMENT 1003 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BP £190,000 26/05/2023 Flat
14 FLAT 26 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3BS £230,000 30/11/2022 Flat
5 APARTMENT 603 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BP £226,500 06/10/2022 Flat
VELVET HOUSE, 60 APARTMENT 18 SACKVILLE STREET, MANCHESTER, GREATER MANCHESTER, M1 3WE £194,000 12/09/2022 Flat
Same street STONEBRIDGE HOUSE, 5 FLAT 45 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB £304,000 07/09/2022 Flat
5 APARTMENT 117 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BR £190,000 07/09/2022 Flat
5 APARTMENT 303 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BR £195,000 26/08/2022 Flat
SACKVILLE PLACE FLAT 4 BOMBAY STREET, MANCHESTER, GREATER MANCHESTER, M1 7AT £158,000 03/08/2022 Flat
Same street STONEBRIDGE HOUSE, 5 FLAT 44 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB £282,000 29/07/2022 Flat
VELVET COURT APARTMENT 57 GRANBY ROW, MANCHESTER, GREATER MANCHESTER, M1 7AB £227,766 29/07/2022 Flat
5 APARTMENT 411 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BR £205,500 14/07/2022 Flat
5 APARTMENT 1004 PICCADILLY PLACE, MANCHESTER, GREATER MANCHESTER, M1 3BP £198,000 11/07/2022 Flat
WHITWORTH HOUSE, 53 FLAT 5 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 3WS £182,500 08/07/2022 Flat
Same street STONEBRIDGE HOUSE, 5 FLAT 11 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB £145,000 18/05/2022 Flat
Same street STONEBRIDGE HOUSE, 5 FLAT 23 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB £198,000 22/09/2021 Flat

Street average: £220,000 (5 sales)

Area average: £193,538 (20 sales)

Capital growth trend

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

5y growth -0.7%
10y growth 25.6%

House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of May 2026.

1y (index) -2%
5y (index) 9.1%
10y (index) 56.3%

Rental Range

Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,222/mo
Realistic £1,358/mo
Optimistic £1,494/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for West Pennine: £449/mo (Apr 2025 – Mar 2026)

Location

Address

5 Cobourg Street

Nearby

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

Type Name Distance
Bus stop Manchester City Centre, Whitworth Street / Minshull Street South (Stop B) 0.1 miles
Shop Lilly Nail & Beauty 0.1 miles
Bus stop Manchester City Centre, Whitworth Street / opposite Chorlton Street 0.1 miles
Shop Sainsbury's Local 0.1 miles
University UCEN Manchester (Shena Simon Campus) 0.1 miles
Train station Manchester Piccadilly 0.1 miles
University Manchester Metropolitan University 0.3 miles
Train station Manchester Oxford Road 0.4 miles
Hospital The Ailsa Craig Medical Practise 1.8 miles
Hospital Shiv Lodge Medical Centre 1.9 miles

Street-level crime

Category Count
Violence and sexual offences 4
Public order 1
Total incidents 5

Within 1 mile during Jun 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 Manchester Metropolitan University Other 0.5 miles (No rating)
Co-Op Academy Medlock Primary 0.5 miles Requires improvement — 23 Jan 2022
Sol Christian Academy Other 0.5 miles Good — 12 Jun 2024
Royal Northern College of Music Other 0.6 miles (No rating)
Co-Op Academy New Islington Primary 0.6 miles Outstanding — 10 Jul 2015

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, Back Piccadilly, M1 £1,295/mo 2 0.37 miles OpenRent

Average rent: £1,295/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.54%
Max investor price (0.8%) £161,875
Target investor price (1%) £129,500
Gross yield 6.5%
Cost-to-rent ratio 15.4×
Monthly cashflow £195/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 3.4%
  • 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).