# 1 bedroom flat for sale (M15 5AX)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 48, 99 GREENHEYS LANE WEST, MANCHESTER, GREATER MANCHESTER M15 5AX |
| Price | £105,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | A |
| Last sold | £99,500 Nov 2007 |

## 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.

## Property Photos

- ![Photo](/listings/photos/91896633/1945790)
- ![Photo](/listings/photos/91896633/1945793)
- ![Photo](/listings/photos/91896633/1945794)
- ![Photo](/listings/photos/91896633/1945796)
- ![Photo](/listings/photos/91896633/1945798)
- ![Photo](/listings/photos/91896633/1945800)
- ![Photo](/listings/photos/91896633/1945802)
- ![Photo](/listings/photos/91896633/1945804)
- ![Photo](/listings/photos/91896633/1945806)
- ![Photo](/listings/photos/91896633/1945808)
- ![Photo](/listings/photos/91896633/1945810)
- ![Photo](/listings/photos/91896633/1945812)
- ![Photo](/listings/photos/91896633/1945814)

## Floorplans

- ![Floor Plan](/listings/photos/91896633/1945816) - Floor Plan

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 99 APARTMENT 48 GREENHEYS LANE WEST, MANCHESTER, GREATER MANCHESTER, M15 5AX | £99,500 | 02/11/2007 | 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 |
|---------|-------|------|------|
| 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 |
| 41 ST MARY'S STREET, HULME, MANCHESTER, GREATER MANCHESTER, M15 5WB | £150,000 | 16/12/2022 | Flat |
| 32 ROOK STREET, MANCHESTER, GREATER MANCHESTER, M15 5PS | £300,000 | 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)

## Price vs local average

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

- **Local average:** £229,421 (80 Flat, M15, 2024–2026)
- **Deviation:** -54.2%

## Rental Range

*ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,242/mo
- **Realistic:** £1,380/mo
- **Optimistic:** £1,518/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Richmond & Hambleton (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 |
|------|------|------|------|------|
| 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)**

## 1% Rule

- **Rent ratio:** 1.31% (strong)
- **Max investor price (0.8%):** £172,500
- **Target investor price (1%):** £138,000

*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 £1,380/mo).*

- **Gross yield:** 15.8%
- **Cost-to-rent:** 6.3×
- **Monthly cashflow:** £803/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 31.7%

*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:** -42.5%
- **10y growth:** 16.8%

## House Price Index (HM Land Registry)

*Official index for Manchester; Flats and maisonettes series; as of July 2026.*

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

## 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)