For sale Flat

East Tower

Owen Street, M15, M15 4UB

1 beds 1 baths Listed 14 Oct 2026 (-16d)

£269,500

Reduced on 14 Oct 2026

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Property details

Tenure

LEASEHOLD

Council tax band

D

Last sold

£285,000

Local average

£229,178 (+17.6%)

Street crime

2 incidents within 1 mile (Aug 2026)

Key features

  • One Bedroom 15th Floor Apartment
  • 568 Sq Ft
  • Residents Gym, Swimming Pool and Sports Courts
  • 24-Hour Concierge
  • South Facing
  • Deansgate Location

Additional details

Garden
Yes

Description

Nestled within one of Manchester's most sought-after developments, East Tower in Deansgate Square, this stunning one-bedroom apartment offers the perfect blend of luxury, convenience, and style. Located on the southern edge of central Manchester, the apartment boasts far-reaching views across the city skyline, with easy access to key areas such as Deansgate Train and Tram Stations (just 0.2 miles away), The University of Manchester (0.5 miles), and the Central Retail District (0.8 miles).

East Tower residents enjoy a range of world-class facilities, including a 24/7 concierge service, exceptional health and wellness amenities, a swimming pool, a sports hall, and a beautifully landscaped rooftop garden.

The apartment itself is located on 15th floor and is bright, spacious, and finished to the highest standards. The large open-plan living and dining area seamlessly integrates a contemporary kitchen with integrated high-quality appliances. The generous double bedroom features a dedicated dressing area and an elegant en-suite bathroom. An enclosed utility cupboard with freestanding appliances adds practicality to the layout.

Additional Information
568 Sq. Ft.
Service Charge: £2196 Per Annum
Ground Rent £200 Per Annum
Building insurance: £330.73 Per Annum
Leasehold 992 years left

Listed by

Manchester

Settio Property Experience Ltd

Reference: 94285299

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): ~15,480 m² (3.83 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Listed for sale — £269,500 —

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
LUMIERE BUILDING, 38 APARTMENT 702 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4QN £188,000 19/12/2025 Flat
9 FLAT A2703 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ £357,000 12/12/2025 Flat
9 FLAT A2006 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ £328,000 26/11/2025 Flat
9 FLAT B1509 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UB £300,000 21/11/2025 Flat
LUMIERE BUILDING, 38 APARTMENT 508 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4QN £180,000 20/11/2025 Flat
HILL QUAYS, 8 FLAT 72 COMMERCIAL STREET, MANCHESTER, GREATER MANCHESTER, M15 4QY £158,000 31/10/2025 Flat
THE RHINE, 32 APARTMENT 13 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4TE £200,000 15/07/2025 Flat
9 FLAT A3006 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TT £372,000 07/07/2025 Flat
THE RHINE, 32 APARTMENT 14 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4TE £210,000 09/06/2025 Flat
THE BOATMANS, 42 APARTMENT 21 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4QF £205,000 15/12/2023 Flat
9 FLAT B2903 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UD £388,000 15/12/2023 Flat
9 FLAT A1906 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TP £480,000 01/12/2023 Flat
9 FLAT A5705 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TW £650,000 30/10/2023 Flat
THE BOATMANS, 42 APARTMENT 16 CITY ROAD EAST, MANCHESTER, GREATER MANCHESTER, M15 4QF £225,950 15/09/2023 Flat
9 FLAT B5004 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UG £2,000,000 08/08/2023 Flat
9 FLAT B1603 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UB £374,000 08/08/2023 Flat
9 FLAT A2002 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TQ £385,300 14/07/2023 Flat
9 FLAT B5001 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UG £2,002,000 30/06/2023 Flat
9 FLAT A3401 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4TT £472,000 13/04/2023 Flat
9 FLAT B307 OWEN STREET, MANCHESTER, GREATER MANCHESTER, M15 4UA £480,000 29/03/2023 Flat

Area average: £497,763 (20 sales)

Capital growth trend

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

5y growth -43.8%
10y growth 22%

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%

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 4UB

Address

9 Owen Street

Nearby

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

Type Name Distance
Shop CLNQ 0.0 miles
Shop Deansgate Square General Store 0.0 miles
Train station Deansgate 0.1 miles
Bus stop Bridgewater Viaduct/Knott Mill (B) 0.1 miles
Bus stop CHESTER Road/Castlegate 0.1 miles
Train station Manchester Oxford Road 0.4 miles
University Manchester Metropolitan University 0.5 miles
University Manchester School of Art 0.6 miles
Hospital Salford Gastric Bypass Surgery 2.0 miles
Hospital The Ailsa Craig Medical Practise 2.2 miles

Street-level crime

Category Count
Criminal damage and arson 1
Violence and sexual offences 1
Total incidents 2

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
St Wilfrid's RC Primary School Primary 0.2 miles Good — 25 Jun 2023
St Philip's Church of England Primary School Primary 0.4 miles Good — 5 Feb 2014
Rolls Crescent Primary School Primary 0.5 miles Good — 20 May 2015
The Manchester Metropolitan University Other 0.5 miles — (No rating)
Martenscroft Nursery School & Children's Centre Nursery 0.6 miles Outstanding — 22 Jul 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, The Ropeworks, M15 £1,050/mo 1 0.15 miles OpenRent
Studio Flat, Chorlton Mill, M1 £1,450/mo 1 0.34 miles OpenRent

Average rent: £1,250/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.46%
Max investor price (0.8%) £156,250
Target investor price (1%) £125,000
Gross yield 5.6%
Cost-to-rent ratio 18×
Monthly cashflow £39/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 0.6%
  • 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).