# 2 bedroom apartment for sale (M1 3GB) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 34, STONEBRIDGE HOUSE, 5, COBOURG STREET, MANCHESTER, GREATER MANCHESTER M1 3GB | | Price | £240,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | D | | Construction age | England and Wales: 1996-2002 | | Floor area | 60 m² | | Last sold | £240,000 Mar 2026 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** B - **Expiry date:** 20/10/2035 - **Est. upgrade cost to C:** £1,800 ### Recommendations - L2 (£1,200 - £2,400) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/2397-3955-1200-6435-8204) ## 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 ## Property Photos - ![Drone](/listings/photos/167845412/1473160) - Drone - ![Photo](/listings/photos/167845412/1473161) - Photo - ![Photo](/listings/photos/167845412/1473163) - Photo - ![Photo](/listings/photos/167845412/1473165) - Photo - ![Photo](/listings/photos/167845412/1473166) - Photo - ![Photo](/listings/photos/167845412/1473167) - Photo - ![Photo](/listings/photos/167845412/1473168) - Photo - ![Photo](/listings/photos/167845412/1473169) - Photo - ![Photo](/listings/photos/167845412/1473170) - Photo - ![Photo](/listings/photos/167845412/1473177) - Photo - ![Photo](/listings/photos/167845412/1473178) - Photo - ![Photo](/listings/photos/167845412/1473179) - Photo - ![Photo](/listings/photos/167845412/1473181) - Photo - ![Photo](/listings/photos/167845412/1473182) - Photo - ![Photo](/listings/photos/167845412/1473184) - Photo - ![Photo](/listings/photos/167845412/1473185) - Photo - ![Photo](/listings/photos/167845412/1473186) - Photo - ![Photo](/listings/photos/167845412/1473188) - Photo - ![Photo](/listings/photos/167845412/1473189) - Photo - ![Photo](/listings/photos/167845412/1473191) - Photo - ![Photo](/listings/photos/167845412/1473193) - Photo - ![Drone](/listings/photos/167845412/1473195) - Drone - ![Drone](/listings/photos/167845412/1473196) - Drone - ![Drone](/listings/photos/167845412/1473197) - Drone - ![Drone](/listings/photos/167845412/1473198) - Drone ## Floorplans - ![Floorplan](/listings/photos/167845412/1473199) - Floorplan ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | STONEBRIDGE HOUSE, 5 FLAT 34 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB | £240,000 | 25/03/2026 | Flat | | STONEBRIDGE HOUSE, 5 FLAT 34 COBOURG STREET, MANCHESTER, GREATER MANCHESTER, M1 3GB | £134,750 | 13/04/2000 | 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 | |---------|-------|------|------| | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £268,224 (61 Flat, M1, 2024–2026) - **Deviation:** -10.5% ## 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 West Pennine (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £449/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, Granby Row, M1 | £1,795/mo | 2 | 0.14 miles | OpenRent | | 2 Bed Flat, Asia House, M1 | £1,495/mo | 2 | 0.22 miles | OpenRent | | 2 Bed Flat, The Grand, M1 | £1,435/mo | 2 | 0.26 miles | OpenRent | | 2 Bed Flat, Oxford Road, M1 | £1,550/mo | 2 | 0.34 miles | OpenRent | | 2 Bed Flat, Manchester, M1 | £4,000/mo | 2 | 0.36 miles | OpenRent | **Average rent: £2,055/mo (5 listings)** ## 1% Rule - **Rent ratio:** 0.65% (weak for cashflow) - **Max investor price (0.8%):** £193,750 - **Target investor price (1%):** £155,000 *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 £1,550/mo).* - **Gross yield:** 7.8% - **Cost-to-rent:** 12.9× - **Monthly cashflow:** £425/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 7.3% *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:** £4,000/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 2% - **10y growth:** 25.8% ## 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)