# 1 bedroom flat for sale (M15 4UZ)

## Property Details

| Key | Value |
|-----|-------|
| Address | FLAT 904, 1F, SPINNERS WAY, MANCHESTER, GREATER MANCHESTER M15 4UZ |
| Price | £138,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | D |
| Last sold | £218,000 Apr 2021 |

## Description

TO BE SOLD VIA ONLINE AUCTION ON JULY 22ND - 23RD 2026 UNLESS SOLD PRIOR UNDER AUCTION TERMS

Flat 904, 1F Spinners Way, Manchester, M15 4UZ

***VIRTUAL TOUR COMING SOON***

This ninth-floor one-bedroom apartment comes fully furnished and has been upgraded to a very high spec. Presenting an excellent opportunity for investors looking for prime city-centre living. The property comprises an open-plan living room/kitchen, dining room, one double bedroom with fitted wardrobes, bespoke bathroom with underfloor heating, exclusive access to the private rooftop garden with 360° views overlooking the city. Electric heating system and double glazing. 

Recent comparable sale:

Flat 506, 1F Spinners Way, M15 4UZ - Sold for £415,000 on 14/6/2024 2 2 bed apartment

Rental values for a one bedroom apartment within this block are within the region of £1,150 per month.

Ideally located with easy access to the A57 for convenient commuting throughout central Manchester. Deansgate is just a short walk away, along with Manchester’s vibrant shops, restaurants, and transport links - ensuring continued tenant demand and strong long-term investment potential.

## Property Photos

- ![15260_MCC230144_IMG_01_0000.jpeg](/listings/photos/90357105/1026825) - 15260_MCC230144_IMG_01_0000.jpeg
- ![WhatsApp Image 2026-06-29 at 16.04.47 (1).jpeg](/listings/photos/90357105/1026826) - WhatsApp Image 2026-06-29 at 16.04.47 (1).jpeg
- ![WhatsApp Image 2026-06-29 at 15.29.08 (2).jpeg](/listings/photos/90357105/1026827) - WhatsApp Image 2026-06-29 at 15.29.08 (2).jpeg
- ![WhatsApp Image 2026-06-29 at 15.29.08 (3).jpeg](/listings/photos/90357105/1026828) - WhatsApp Image 2026-06-29 at 15.29.08 (3).jpeg
- ![WhatsApp Image 2026-06-30 at 17.20.08.jpeg](/listings/photos/90357105/1026829) - WhatsApp Image 2026-06-30 at 17.20.08.jpeg
- ![WhatsApp Image 2026-06-29 at 16.04.47.jpeg](/listings/photos/90357105/1026830) - WhatsApp Image 2026-06-29 at 16.04.47.jpeg
- ![WhatsApp Image 2026-06-29 at 15.29.08 (4).jpeg](/listings/photos/90357105/1026831) - WhatsApp Image 2026-06-29 at 15.29.08 (4).jpeg
- ![00c509d78aca4167c307151522f428ab.jpeg](/listings/photos/90357105/1026832) - 00c509d78aca4167c307151522f428ab.jpeg
- ![c4c3a1c2c3f57251db49b95c6fe4caf5.jpeg](/listings/photos/90357105/1026833) - c4c3a1c2c3f57251db49b95c6fe4caf5.jpeg

## Floorplans

- ![WhatsApp Image 2026-07-01 at 12.33.45.jpeg](/listings/photos/90357105/1026834) - WhatsApp Image 2026-07-01 at 12.33.45.jpeg

## EPC Graphs

- ![EPC epcgraph.co.uk](/listings/photos/90357105/1026835) - EPC epcgraph.co.uk

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 1F FLAT 904 SPINNERS WAY, MANCHESTER, GREATER MANCHESTER, M15 4UZ | £218,000 | 30/04/2021 | 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 |
|---------|-------|------|------|
| TIMBER WHARF, 32 APARTMENT 226 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NX | £188,000 | 08/01/2026 | Flat |
| THE BOX WORKS, 4 APARTMENT 410 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU | £230,000 | 15/12/2025 | Flat |
| 42 APARTMENT 214 ELLESMERE STREET, MANCHESTER, GREATER MANCHESTER, M15 4FY | £110,000 | 12/12/2025 | Flat |
| THE BOX WORKS, 4 APARTMENT 202 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU | £266,250 | 28/11/2025 | Flat |
| TIMBER WHARF, 32 APARTMENT 415 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY | £250,000 | 24/11/2025 | Flat |
| 3 APARTMENT 406 BURTON PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LR | £170,000 | 30/10/2025 | Flat |
| THE BOX WORKS, 4 APARTMENT 302 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NU | £250,000 | 10/10/2025 | Flat |
| 3 APARTMENT 201 BURTON PLACE, MANCHESTER, GREATER MANCHESTER, M15 4LR | £130,000 | 31/07/2025 | Flat |
| 1A FLAT 706 SPINNERS WAY, MANCHESTER, GREATER MANCHESTER, M15 4UY | £202,000 | 07/07/2025 | Flat |
| TIMBER WHARF, 32 APARTMENT 511 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY | £285,000 | 17/06/2025 | Flat |
| TIMBER WHARF, 32 APARTMENT 515 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY | £190,000 | 17/04/2025 | Flat |
| 3B FLAT 510 SPINNERS WAY, MANCHESTER, GREATER MANCHESTER, M15 4SR | £278,950 | 10/02/2025 | Flat |
| 1F FLAT 1002 SPINNERS WAY, MANCHESTER, GREATER MANCHESTER, M15 4UZ | £304,950 | 27/01/2025 | Flat |
| TIMBER WHARF, 32 APARTMENT 718 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NZ | £340,000 | 09/08/2024 | Flat |
| 3B FLAT 603 SPINNERS WAY, MANCHESTER, GREATER MANCHESTER, M15 4SR | £282,950 | 25/07/2024 | Flat |
| 7 FLAT 12 SPINNERS WAY, MANCHESTER, GREATER MANCHESTER, M15 4UU | £159,638 | 28/05/2024 | Flat |
| 7 FLAT 311 SPINNERS WAY, MANCHESTER, GREATER MANCHESTER, M15 4UU | £212,950 | 10/05/2024 | Flat |
| 7 FLAT 311 SPINNERS WAY, MANCHESTER, GREATER MANCHESTER, M15 4UU | £134,160 | 10/05/2024 | Flat |
| 3B FLAT 505 SPINNERS WAY, MANCHESTER, GREATER MANCHESTER, M15 4SR | £207,500 | 03/11/2023 | Flat |
| TIMBER WHARF, 32 APARTMENT 414 WORSLEY STREET, MANCHESTER, GREATER MANCHESTER, M15 4NY | £282,000 | 31/10/2023 | Flat |

**Area average:** £223,717 (20 sales)

## Price vs local average

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

- **Local average:** £238,299 (77 Flat, M15, 2024–2026)
- **Deviation:** -42.1%

## Rental Range

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

- **Low:** £1,217/mo
- **Realistic:** £1,352/mo
- **Optimistic:** £1,487/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, Blantyre Street, M15 | £1,230/mo | 1 | 0.14 miles | OpenRent |
| 1 Bed Flat, Silvercroft Street, M15 | £1,400/mo | 1 | 0.19 miles | OpenRent |
| 1 Bed Flat, Manchester, M15 | £1,580/mo | 1 | 0.21 miles | OpenRent |
| 1 Bed Flat, Silvercroft Street, M15 | £1,550/mo | 1 | 0.21 miles | OpenRent |
| 1 Bed Flat, Whitworth, M3 | £1,600/mo | 1 | 0.25 miles | OpenRent |
| 1 Bed Flat, Manchester, M3 | £1,050/mo | 1 | 0.34 miles | OpenRent |

**Average rent: £1,402/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 1.07% (strong)
- **Max investor price (0.8%):** £184,375
- **Target investor price (1%):** £147,500

*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 £1,475/mo).*

- **Gross yield:** 12.8%
- **Cost-to-rent:** 7.8×
- **Monthly cashflow:** £759/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 22.8%

*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:** -25.7%
- **10y growth:** 25.8%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -1.4%
- **5y growth (index):** 8.8%
- **10y growth (index):** 57%

## 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)