# 2 bedroom apartment for sale (M1 1EU) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 45, 72 - 76, NEWTON STREET, MANCHESTER, GREATER MANCHESTER M1 1EU | | Price | £200,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | D | | Last sold | £185,000 Jun 2024 | ## Description The Property Set in the heart of Manchester city centre on the ever-popular Newton Street, this well-presented two-bedroom apartment offers stylish, contemporary living with the added benefit of a dedicated parking space. It sits within easy reach of the Northern Quarter, Piccadilly Station, and an excellent selection of shops, restaurants, bars, and entertainment venues. The property features a spacious open-plan living area, providing the perfect space for both relaxing and entertaining, with a fitted kitchen offering ample storage and workspace. Sliding doors lead onto a large private balcony, creating an excellent outdoor space to enjoy the city views. There are two generously sized bedrooms, with the principal bedroom benefiting from its own en-suite shower room, while the second bedroom is served by a modern family bathroom, making the apartment ideal for professionals, first-time buyers, or investors alike. Perfectly positioned in one of Manchester's most vibrant locations, this fantastic apartment combines spacious accommodation with excellent city-centre convenience, offering superb access to transport links, universities, shopping, and leisure facilities. **Property ownership information** Ground rent review period: No review period Service charge review period: No review period Lease end date: 01/01/2127 Property Description DisclaimerThis is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as "draft". Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering and proof of funds checks. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Purplebricks and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required. ## Property Photos - ![Photo](/listings/photos/91906812/1930475) - ![Photo](/listings/photos/91906812/1930476) - ![Photo](/listings/photos/91906812/1930477) - ![Photo](/listings/photos/91906812/1930478) - ![Photo](/listings/photos/91906812/1930479) - ![Photo](/listings/photos/91906812/1930480) - ![Photo](/listings/photos/91906812/1930481) - ![Photo](/listings/photos/91906812/1930482) - ![Photo](/listings/photos/91906812/1930483) - ![Photo](/listings/photos/91906812/1930484) - ![Photo](/listings/photos/91906812/1930485) - ![Photo](/listings/photos/91906812/1930486) - ![Photo](/listings/photos/91906812/1930487) - ![Photo](/listings/photos/91906812/1930488) - ![Photo](/listings/photos/91906812/1930489) - ![Photo](/listings/photos/91906812/1930490) - ![Photo](/listings/photos/91906812/1930491) - ![Photo](/listings/photos/91906812/1930492) - ![Photo](/listings/photos/91906812/1930493) - ![Photo](/listings/photos/91906812/1930494) ## Floorplans - ![Floorplan 1](/listings/photos/91906812/1930495) - Floorplan 1 ## EPC Graphs - ![epc](/listings/photos/91906812/1930496) - epc ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | 72 - 76 APARTMENT 45 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU | £185,000 | 14/06/2024 | Flat | | 72 - 76 APARTMENT 45 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU | £125,000 | 15/03/2013 | 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 | |---------|-------|------|------| | THE SORTING HOUSE, 83 FLAT 2 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EP | £225,000 | 06/01/2026 | Flat | | THE SORTING HOUSE, 83 FLAT 17 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EP | £330,000 | 22/10/2025 | Flat | | NUOVO APARTMENTS, 59 316 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £267,000 | 13/06/2025 | Flat | | 72 - 76 APARTMENT 60 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EW | £250,000 | 28/02/2025 | Flat | | THE SORTING HOUSE, 83 FLAT 80 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1ER | £250,000 | 01/12/2023 | Flat | | OXID HOUSE, 78 FLAT 504 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1AL | £230,000 | 30/11/2023 | Flat | | NUOVO APARTMENTS, 59 1001 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AN | £270,000 | 27/11/2023 | Flat | | NUOVO APARTMENTS, 59 411 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £210,000 | 17/11/2023 | Flat | | NUOVO APARTMENTS, 59 410 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £237,000 | 17/11/2023 | Flat | | NUOVO APARTMENTS, 59 604 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AN | £185,000 | 27/10/2023 | Flat | | NUOVO APARTMENTS, 59 412 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £260,000 | 27/09/2023 | Flat | | NUOVO APARTMENTS, 59 304 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £191,000 | 08/09/2023 | Flat | | [Same street] 72 - 76 APARTMENT 36 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU | £125,000 | 07/09/2023 | Flat | | NUOVO APARTMENTS, 59 309 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £200,000 | 01/09/2023 | Flat | | [Same street] 72 - 76 APARTMENT 10 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU | £174,000 | 30/08/2023 | Flat | | THE SORTING HOUSE, 83 FLAT 57 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1ER | £112,176 | 25/08/2023 | Flat | | OXID HOUSE, 78 FLAT 505 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1AL | £248,000 | 10/07/2023 | Flat | | NUOVO APARTMENTS, 59 213 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £255,000 | 07/07/2023 | Flat | | NUOVO APARTMENTS, 59 405 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £230,000 | 03/07/2023 | Flat | | THE SORTING HOUSE, 83 FLAT 74 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1ER | £325,000 | 19/06/2023 | Flat | | NUOVO APARTMENTS, 59 516 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AN | £266,000 | 13/06/2023 | Flat | | NUOVO APARTMENTS, 59 217 GREAT ANCOATS STREET, MANCHESTER, GREATER MANCHESTER, M4 5AH | £250,000 | 19/05/2023 | Flat | | [Same street] 72 - 76 APARTMENT 7 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU | £195,000 | 13/12/2022 | Flat | | [Same street] 72 - 76 APARTMENT 39 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU | £125,000 | 02/12/2022 | Flat | | [Same street] 72 - 76 APARTMENT 35 NEWTON STREET, MANCHESTER, GREATER MANCHESTER, M1 1EU | £132,500 | 26/11/2021 | Flat | **Street average:** £150,300 (5 sales) **Area average:** £239,559 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £267,736 (62 Flat, M1, 2024–2026) - **Deviation:** -25.3% ## 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, Bengal Street, M4 | £1,350/mo | 2 | 0.24 miles | OpenRent | | 2 Bed Flat, Printing Press House, M4 | £3,000/mo | 2 | 0.4 miles | OpenRent | | 2 Bed Flat, Charlotte Street, M1 | £1,995/mo | 2 | 0.45 miles | OpenRent | **Average rent: £2,115/mo (3 listings)** ## 1% Rule - **Rent ratio:** 1% (strong) - **Max investor price (0.8%):** £249,375 - **Target investor price (1%):** £199,500 *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 £1,995/mo).* - **Gross yield:** 12% - **Cost-to-rent:** 8.4× - **Monthly cashflow:** £983/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 20.3% *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).* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 14.2% - **10y growth:** 26.5% ## 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)