For sale Flat

APARTMENT 48

99 GREENHEYS LANE WEST, MANCHESTER, GREATER MANCHESTER M15 5AX

1 beds 1 baths Listed 11 Aug 2026 (-84d)

£105,000

Offers Over

Reduced on 28 Oct 2026 · Was £117,000

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Property photo

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Property details

Tenure

LEASEHOLD

Council tax band

A

Last sold

£99,500 Nov 2007

Local average

£229,421 (-54.2%)

Deprivation

Decile 4 (11,216 of 33,755)

Street crime

1 incident within 1 mile (Aug 2026)

Key features

  • VACANT PROPERTY
  • Spacious Rooms
  • Fully equipped modern Kitchen
  • Likely to attract enquiries from Serious Investors & Developers
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • RICS Level 2 Survey Available Upon Enquiry

Description

Our latest listing is a 1 bedroom Flat located in Manchester. With spacious rooms, and a modern kitchen. This is the perfect opportunity for a First Time Buyer.

This well-kept home features a spacious lounge, bathroom and Kitchen.

If you are interested, please call us.

We are committed to facilitating a smooth transaction process between buyer and seller. To allow for maximum commitment to the sale from both parties, a Buyers Premium will apply in order to secure a property.

Listed by

Glasgow

Let Property Sales

Reference: 91896633

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~74,603 m² (18.43 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floor Plan

Floor Plan

Price history

Event Date Price % change
Listed for sale — £105,000 +5.5%
Sold 02/11/2007 (19 years ago) £99,500 —

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
1 BETSHAM STREET, MANCHESTER, GREATER MANCHESTER, M15 5JN £152,500 27/02/2026 Flat
Same street 99 APARTMENT 63 GREENHEYS LANE WEST, MANCHESTER, GREATER MANCHESTER, M15 5AX £130,000 19/12/2025 Flat
2 ROOK STREET, MANCHESTER, GREATER MANCHESTER, M15 5PS £132,500 09/12/2025 Flat
12B BLANCHARD STREET, MANCHESTER, GREATER MANCHESTER, M15 5PN £135,000 01/12/2023 Flat
9 BLANCHARD STREET, MANCHESTER, GREATER MANCHESTER, M15 5PX £238,000 28/11/2023 Flat
2 MYTTON STREET, MANCHESTER, GREATER MANCHESTER, M15 5AZ £141,000 01/11/2023 Flat
26 CHICHESTER ROAD SOUTH, HULME, MANCHESTER, GREATER MANCHESTER, M15 5QQ £142,500 06/10/2023 Flat
10 BETSHAM STREET, MANCHESTER, GREATER MANCHESTER, M15 5JN £285,000 22/08/2023 Flat
20 CHICHESTER ROAD SOUTH, HULME, MANCHESTER, GREATER MANCHESTER, M15 5QQ £132,500 04/08/2023 Flat
106 HULME HIGH STREET, MANCHESTER, GREATER MANCHESTER, M15 5JP £148,000 13/01/2023 Flat
32 ROOK STREET, MANCHESTER, GREATER MANCHESTER, M15 5PS £300,000 16/12/2022 Flat
41 ST MARY'S STREET, HULME, MANCHESTER, GREATER MANCHESTER, M15 5WB £150,000 16/12/2022 Flat
60 HULME HIGH STREET, MANCHESTER, GREATER MANCHESTER, M15 5JP £168,000 28/10/2022 Flat
Same street 99 APARTMENT 87 GREENHEYS LANE WEST, MANCHESTER, GREATER MANCHESTER, M15 5AX £241,000 21/10/2022 Flat
1 BETSHAM STREET, MANCHESTER, GREATER MANCHESTER, M15 5JN £140,000 01/08/2022 Flat
1E BLANCHARD STREET, MANCHESTER, GREATER MANCHESTER, M15 5PX £134,950 18/07/2022 Flat
49 PEREGRINE STREET, MANCHESTER, GREATER MANCHESTER, M15 5PZ £235,000 21/06/2022 Flat
Same street 99 APARTMENT 1 GREENHEYS LANE WEST, MANCHESTER, GREATER MANCHESTER, M15 5AX £107,500 15/06/2022 Flat
120 HULME HIGH STREET, MANCHESTER, GREATER MANCHESTER, M15 5JP £148,100 23/05/2022 Flat
24 BETSHAM STREET, MANCHESTER, GREATER MANCHESTER, M15 5JN £235,000 25/03/2022 Flat
13 APARTMENT 44 HULME HIGH STREET, MANCHESTER, GREATER MANCHESTER, M15 5JR £120,000 09/03/2022 Flat
9 HERON STREET, MANCHESTER, GREATER MANCHESTER, M15 5PR £150,000 25/02/2022 Flat
12A BLANCHARD STREET, MANCHESTER, GREATER MANCHESTER, M15 5PN £119,000 17/12/2021 Flat

Street average: £159,500 (3 sales)

Area average: £170,353 (20 sales)

Capital growth trend

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

5y growth -42.5%
10y growth 16.8%

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

1y (index) -0.9%
5y (index) 12.1%
10y (index) 56.7%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: MODWEN QUAYS LTD (09547080)

Rental Range

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

Low £1,242/mo
Realistic £1,380/mo
Optimistic £1,518/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for Richmond & Hambleton: £449/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M15 5AX

Nearby

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

Type Name Distance
Shop Hulme World Foods 0.0 miles
Shop Tasha's Hair Studio 0.0 miles
Bus stop Hulme, Greenheys Lane West / opposite Asda 0.0 miles
Bus stop Hulme, Greenheys Lane West / outside Asda 0.0 miles
University Manchester School of Art 0.6 miles
Train station Deansgate 0.8 miles
Train station Manchester Oxford Road 0.8 miles
University Manchester Metropolitan University 0.9 miles
Hospital The Ailsa Craig Medical Practise 1.7 miles
Hospital Shiv Lodge Medical Centre 1.9 miles

Street-level crime

Category Count
Violence and sexual offences 1
Total incidents 1

Within 1 mile during Aug 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
Loreto College Other 0.2 miles — (No rating)
Rolls Crescent Primary School Primary 0.2 miles Good — 20 May 2015
IncludEd Learning Other 0.3 miles Good — 10 Feb 2020
Martenscroft Nursery School & Children's Centre Nursery 0.3 miles Outstanding — 22 Jul 2024
Trinity CofE High School Secondary 0.4 miles Good — 1 Feb 2024

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
1 Bed Flat, Fulton Court, M15 £2,400/mo 1 0.33 miles OpenRent
1 Bed Flat, Fulton Court, M15 £1,100/mo 1 0.34 miles OpenRent
1 Bed Flat, St. Bees Close, M14 £1,380/mo 1 0.35 miles OpenRent
1 Bed Flat, Boundary Lane, M15 £1,500/mo 1 0.39 miles OpenRent
1 Bed Terraced House, Selworthy Road, M16 £1,100/mo 1 0.39 miles OpenRent

Average rent: £1,496/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1.31%
Max investor price (0.8%) £172,500
Target investor price (1%) £138,000
Gross yield 15.8%
Cost-to-rent ratio 6.3×
Monthly cashflow £803/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 31.7%
  • 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).