Sold Flat

APARTMENT 5

37 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER M1 2AT

1 beds 775 sq ft Listed 15 Dec 2025 (-182d)

£169,950

Offers in Region of

Reduced on 19 Jan 2026

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# 1 bedroom apartment for sale (M1 2AT)

## Property Details

| Key | Value |
|-----|-------|
| Address | APARTMENT 5, 37 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER M1 2AT |
| Price | £169,950 |
| Bedrooms | 1 |
| Construction age | England and Wales: 2003-2006 |
| Floor area | 72 m² |
| Last sold | £210,000 Aug 2023 |

## Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

Completed - Earn Rental Income from Day 1!

DESCRIPTION

Introducing a modern new development in Manchester, offering 6% rental yields and designed with high-spec fixtures and finishings. Located in a £1 billion regeneration zone in the popular M5 postcode, this property investment opportunity offers excellent capital growth potential in a prime waterfront location.

Developed by a leading UK property developer, the project features fantastic onsite facilities, including car parking, bicycle storage, and top-tier amenities such as a gym and resident's lounge. An onsite rental company ensures a hands-off investment experience, making this development a perfect choice for investors looking for quality, convenience, and strong returns.

With high tenant demand and a predicted 28.8% capital growth by 2028, Greater Manchester is one of the UK's best places to invest in property. This development is ideally located in Manchester's Salford area, with proximity to popular spots such as MediaCityUK making this a great investment for anyone looking to target the city's young professional market.

Enquire Today to Receive Floor Plans, Info Pack & Full Investment Breakdown!"

## Property Photos

- ![Photo](/listings/photos/170304806/196231)
- ![Photo](/listings/photos/170304806/196232)
- ![Photo](/listings/photos/170304806/196233)
- ![Photo](/listings/photos/170304806/196234)
- ![Photo](/listings/photos/170304806/196235)

## Floorplans

- ![Floorplan 1](/listings/photos/170304806/196236) - Floorplan 1

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 37 APARTMENT 5 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2AT | £210,000 | 18/08/2023 | Flat |
| 37 APARTMENT 5 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2AT | £173,000 | 11/11/2016 | 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 |
|---------|-------|------|------|
| CRUSADER MILL, 70 FLAT 321 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX | £335,000 | 19/12/2025 | Flat |
| 37 APARTMENT 21 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2AT | £262,500 | 15/12/2025 | Flat |
| 72 FLAT 503 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £285,000 | 24/10/2025 | Flat |
| 8 FLAT 2 WHARF CLOSE, MANCHESTER, GREATER MANCHESTER, M1 2WE | £200,000 | 19/09/2025 | Flat |
| 72 FLAT 206 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £255,000 | 25/07/2025 | Flat |
| 72 FLAT 203 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £285,000 | 23/11/2023 | Flat |
| CRUSADER MILL, 70 FLAT 505 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX | £400,000 | 09/10/2023 | Flat |
| 72 FLAT 708 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £300,000 | 04/07/2023 | Flat |
| 10 FLAT 3 WHARF CLOSE, MANCHESTER, GREATER MANCHESTER, M1 2WE | £220,000 | 21/04/2023 | Flat |
| CRUSADER MILL, 70 FLAT 504 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX | £382,500 | 24/02/2023 | Flat |
| 72 FLAT 308 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £310,000 | 15/12/2022 | Flat |
| CRUSADER MILL, 70 FLAT 513 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX | £410,000 | 25/11/2022 | Flat |
| CRUSADER MILL, 70 FLAT 321 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX | £340,000 | 14/11/2022 | Flat |
| 72 FLAT 201 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £290,000 | 10/11/2022 | Flat |
| CRUSADER MILL, 70 FLAT 322 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX | £350,000 | 04/11/2022 | Flat |
| 1 FLAT 9 WHARF CLOSE, MANCHESTER, GREATER MANCHESTER, M1 2WE | £210,000 | 02/11/2022 | Flat |
| 72 FLAT 101 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £290,000 | 10/10/2022 | Flat |
| 72 FLAT 508 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £315,000 | 10/10/2022 | Flat |
| CRUSADER MILL, 70 FLAT 508 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX | £425,000 | 07/10/2022 | Flat |
| 72 FLAT 301 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY | £295,000 | 07/10/2022 | Flat |

**Area average:** £308,000 (20 sales)

## Price vs local average

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

- **Local average:** £291,831 (53 Flat, M1, 2024–2026)
- **Deviation:** -41.8%

## Rental Range

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

- **Low:** £1,214/mo
- **Realistic:** £1,349/mo
- **Optimistic:** £1,484/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £399/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, Whitworth Street, M1 | £929/mo | 1 | 0.23 miles | OpenRent |
| 1 Bed Flat, One Vesta Street, M4 | £1,388/mo | 1 | 0.3 miles | OpenRent |

**Average rent: £1,159/mo (2 listings)**

## 1% Rule

- **Rent ratio:** 0.68% (weak for cashflow)
- **Max investor price (0.8%):** £144,875
- **Target investor price (1%):** £115,900

*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 £1,159/mo).*

- **Gross yield:** 8.2%
- **Cost-to-rent:** 12.2×
- **Monthly cashflow:** £349/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 8.5%

*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).*

## Price per Square Metre

- **£/m²:** £2,360/m²

## Capital growth trend

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

- **5y growth:** -6.7%
- **10y growth:** 26.6%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -1.4%
- **5y growth (index):** 9.1%
- **10y growth (index):** 58.9%

## 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)

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Property details

Tenure

LEASEHOLD

Floor area

72 m²

Year built

England and Wales: 2003-2006

Last sold

£210,000 Aug 2023

Price per m²

£2,360/m²

Local average

£291,831 (-41.8%)

Deprivation

Decile 6 (20,089 of 33,755)

Street crime

2 incidents within 1 mile (Apr 2026)

Key features

Stylish Manhattan Apartment With Luxury Facilities
6% Rental Return
Modern New Manchester Development
High-Spec Fixtures and Finishings
Excellent Onsite Facilities
£1 Billion Regeneration Zone
Manchester Waterfront Location
Top UK Property Developer
Onsite Rental Company
Enquire Now to Receive Info Pack and Financial Breakdown

Additional details

Parking: Yes

Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers

Completed - Earn Rental Income from Day 1!

DESCRIPTION

Introducing a modern new development in Manchester, offering 6% rental yields and designed with high-spec fixtures and finishings. Located in a £1 billion regeneration zone in the popular M5 postcode, this property investment opportunity offers excellent capital growth potential in a prime waterfront location.

Developed by a leading UK property developer, the project features fantastic onsite facilities, including car parking, bicycle storage, and top-tier amenities such as a gym and resident's lounge. An onsite rental company ensures a hands-off investment experience, making this development a perfect choice for investors looking for quality, convenience, and strong returns.

With high tenant demand and a predicted 28.8% capital growth by 2028, Greater Manchester is one of the UK's best places to invest in property. This development is ideally located in Manchester's Salford area, with proximity to popular spots such as MediaCityUK making this a great investment for anyone looking to target the city's young professional market.

Enquire Today to Receive Floor Plans, Info Pack & Full Investment Breakdown!"

Listed by

Manchester

RW Invest North Ltd

Reference: 170304806

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Price history

21% since 2016

Event	Date	Price	% change
Sold	18/08/2023 (2 years ago)	£210,000	+21.4%
Sold	11/11/2016 (9 years ago)	£173,000	—

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
CRUSADER MILL, 70 FLAT 321 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX	£335,000	19/12/2025	Flat
37 APARTMENT 21 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2AT	£262,500	15/12/2025	Flat
72 FLAT 503 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY	£285,000	24/10/2025	Flat
8 FLAT 2 WHARF CLOSE, MANCHESTER, GREATER MANCHESTER, M1 2WE	£200,000	19/09/2025	Flat
72 FLAT 206 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY	£255,000	25/07/2025	Flat
72 FLAT 203 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY	£285,000	23/11/2023	Flat
CRUSADER MILL, 70 FLAT 505 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX	£400,000	09/10/2023	Flat
72 FLAT 708 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY	£300,000	04/07/2023	Flat
10 FLAT 3 WHARF CLOSE, MANCHESTER, GREATER MANCHESTER, M1 2WE	£220,000	21/04/2023	Flat
CRUSADER MILL, 70 FLAT 504 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX	£382,500	24/02/2023	Flat
72 FLAT 308 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY	£310,000	15/12/2022	Flat
CRUSADER MILL, 70 FLAT 513 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX	£410,000	25/11/2022	Flat
CRUSADER MILL, 70 FLAT 321 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX	£340,000	14/11/2022	Flat
72 FLAT 201 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY	£290,000	10/11/2022	Flat
CRUSADER MILL, 70 FLAT 322 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX	£350,000	04/11/2022	Flat
1 FLAT 9 WHARF CLOSE, MANCHESTER, GREATER MANCHESTER, M1 2WE	£210,000	02/11/2022	Flat
72 FLAT 101 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY	£290,000	10/10/2022	Flat
72 FLAT 508 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY	£315,000	10/10/2022	Flat
CRUSADER MILL, 70 FLAT 508 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EX	£425,000	07/10/2022	Flat
72 FLAT 301 CHAPELTOWN STREET, MANCHESTER, GREATER MANCHESTER, M1 2EY	£295,000	07/10/2022	Flat

Area average: £308,000 (20 sales)

Capital growth trend

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

5y growth -6.7%

10y growth 26.6%

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

1y (index) -1.4%

5y (index) 9.1%

10y (index) 58.9%

Rental Range

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

Low £1,214/mo

Realistic £1,349/mo

Optimistic £1,484/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for West Pennine: £399/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M1 2AT

Nearby

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

Type	Name	Distance
Shop	Morrisons Daily	0.1 miles
Train station	Manchester Piccadilly	0.1 miles
Shop	Oliver Bonas	0.2 miles
Bus stop	Ancoats, NE-bound Travis Street	0.2 miles
Bus stop	Ancoats, Travis Street / opposite Sheffield Street	0.2 miles
University	UCEN Manchester (Shena Simon Campus)	0.4 miles
University	University of Law	0.5 miles
Train station	Manchester Oxford Road	0.7 miles
Hospital	Plymouth Grove Medical Centre	1.0 miles
Hospital	Manchester Royal Infirmary	1.1 miles

Street-level crime

Category	Count
Violence and sexual offences	2
Total incidents	2

Within 1 mile during Apr 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
Co-Op Academy New Islington	Primary	0.3 miles	Outstanding — 10 Jul 2015
Sol Christian Academy	Other	0.4 miles	Good — 12 Jun 2024
St Anne's RC Primary School	Primary	0.5 miles	Good — 10 Jul 2015
Co-Op Academy Medlock	Primary	0.6 miles	Requires improvement — 23 Jan 2022
Abbey College Manchester	Other	0.7 miles	— (No rating)

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, Whitworth Street, M1	£929/mo	1	0.23 miles	OpenRent
1 Bed Flat, One Vesta Street, M4	£1,388/mo	1	0.3 miles	OpenRent

Average rent: £1,159/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.68%

Max investor price (0.8%) £144,875

Target investor price (1%) £115,900

Gross yield 8.2%

Cost-to-rent ratio 12.2×

Monthly cashflow £349/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 8.5%

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).