# 1 bedroom flat for sale (M3 7HY)

## Property Details

| Key | Value |
|-----|-------|
| Address | 12 Bankside Boulevard, Manchester, M3, M3 7HY |
| Price | £280,000 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Council tax | B |

## Description

Let UK Home are excited to offer this spectacular one-bedroom apartment in Manchester as part of the Colliers Yard development.

Spanning an impressive 541 square feet, this flat features an open-planed kitchen with dinning area, a well-appointed reception room, a comfortable bedroom with wardrobe, and a stylish bathroom.

At Bankside, Colliers Yard, there will be three resident’ lounges and two bookable multi-use suites for residents to relax and enjoy. Creative space has been designed to support residents’ creativity and features a relaxed breakout area, with adjoining content creation room and Instagram pods, as well as a pool / games room. The Club at circa 380 sqm features a gymnasium, yoga / fitness studio, outdoor terrace and a locker room. The Yard at 394 sqm has been cleverly designed into zones. One zone allows for yoga and / or fitness practice, whereas the other zones include two bookable private dining areas, enabling residents to relax and dine with family and friends. The Green at 138 sqm is an extension to The Works and features a range of seating allowing for co-working.

Colliers Yard is not just a place to live; it is a vibrant community with easy access to all major amenities. You will find yourself within walking distance of renowned restaurants, lively bars, and unique boutiques, allowing you to immerse yourself in the local culture. For entertainment, the AO Arena and MediaCityUK are conveniently reachable by public transport, offering a plethora of events and activities.

For those who need to travel further afield, Manchester Victoria station is nearby, providing excellent rail connections. Additionally, the motorway networks are easily accessible, and Manchester Airport is also a short drive away, making this location perfect for both work and leisure.

## Property Photos

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## Floorplans

- ![qg9z2qVeCU6iQNloEG_SBA.jpg](/listings/photos/88165458/351860) - qg9z2qVeCU6iQNloEG_SBA.jpg

## EPC Graphs

- ![EE Rating](/listings/photos/88165458/351861) - EE Rating

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| 12 APARTMENT 1510 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £345,563 | 04/06/2025 | Flat |
| 12 APARTMENT 2003 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £332,025 | 30/04/2025 | Flat |
| 12 APARTMENT 1903 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £331,075 | 30/04/2025 | Flat |
| 12 APARTMENT 1703 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £329,175 | 30/04/2025 | Flat |
| 12 APARTMENT 2111 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £240,000 | 30/04/2025 | Flat |
| 12 APARTMENT 2110 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £385,495 | 30/04/2025 | Flat |
| 12 APARTMENT 2001 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £322,288 | 30/04/2025 | Flat |
| 12 APARTMENT 1711 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £235,920 | 30/04/2025 | Flat |
| 12 APARTMENT 1502 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £219,840 | 30/04/2025 | Flat |
| 12 APARTMENT 2101 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £323,238 | 30/04/2025 | Flat |
| 12 APARTMENT 1802 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £222,720 | 30/04/2025 | Flat |
| 12 APARTMENT 1602 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £220,800 | 30/04/2025 | Flat |
| 12 APARTMENT 1911 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £237,840 | 30/04/2025 | Flat |
| 12 APARTMENT 2103 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £333,213 | 30/04/2025 | Flat |
| 12 APARTMENT 1803 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £330,125 | 30/04/2025 | Flat |
| 12 APARTMENT 1702 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £221,760 | 30/04/2025 | Flat |
| 12 APARTMENT 2011 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £238,800 | 30/04/2025 | Flat |
| 12 APARTMENT 1902 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £223,680 | 30/04/2025 | Flat |
| 12 APARTMENT 1810 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £236,880 | 30/04/2025 | Flat |
| 12 APARTMENT 1605 BANKSIDE BOULEVARD, SALFORD, GREATER MANCHESTER, M3 7HY | £245,490 | 31/03/2025 | 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 |
|---------|-------|------|------|
| ABITO, 85 APARTMENT 627 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £120,000 | 19/12/2025 | Flat |
| ABITO, 85 APARTMENT 204 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £115,000 | 17/12/2025 | Flat |
| ABITO, 85 APARTMENT 111 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 16/12/2025 | Flat |
| ABITO, 85 APARTMENT 209 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 10/12/2025 | Flat |
| ABITO, 85 APARTMENT 828 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £115,000 | 08/12/2025 | Flat |
| ABITO, 85 APARTMENT 601 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £146,000 | 16/07/2025 | Flat |
| ABITO, 85 APARTMENT 716 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £110,000 | 07/02/2025 | Flat |
| ABITO, 85 APARTMENT 322 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 30/07/2024 | Flat |
| BLOCK 9 SPECTRUM APARTMENT 480 BLACKFRIARS ROAD, SALFORD, GREATER MANCHESTER, M3 7DZ | £155,000 | 14/12/2023 | Flat |
| ABITO, 85 APARTMENT 820 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £145,000 | 20/10/2023 | Flat |
| ABITO, 85 APARTMENT 714 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £140,000 | 06/10/2023 | Flat |
| ABITO, 85 APARTMENT 414 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £133,000 | 22/09/2023 | Flat |
| ABITO, 85 APARTMENT 620 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £138,000 | 21/08/2023 | Flat |
| ABITO, 85 APARTMENT 320 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £147,000 | 18/08/2023 | Flat |
| ABITO, 85 APARTMENT 411 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £100,000 | 21/06/2023 | Flat |
| ABITO, 85 APARTMENT 319 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £119,000 | 16/06/2023 | Flat |
| ABITO, 85 APARTMENT 530 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £115,000 | 06/04/2023 | Flat |
| ABITO, 85 APARTMENT 229 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NB | £110,000 | 28/03/2023 | Flat |
| ABITO, 85 APARTMENT 609 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7ND | £109,000 | 01/03/2023 | Flat |
| ABITO, 85 APARTMENT 825 GREENGATE, SALFORD, GREATER MANCHESTER, M3 7NE | £118,000 | 30/01/2023 | Flat |

**Area average:** £123,250 (20 sales)

## Price vs local average

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

- **Local average:** £285,723 (344 Flat, M3, 2024–2026)
- **Deviation:** -2%

## Rental Range

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

- **Low:** £856/mo
- **Realistic:** £951/mo
- **Optimistic:** £1,046/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Central Greater Manchester (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £773/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, Abito - Greengate, M3 | £1,100/mo | 1 | 0.05 miles | OpenRent |
| Studio Flat, Blackfriars Road, M3 | £1,050/mo | 1 | 0.12 miles | OpenRent |
| Studio Flat, New Kings Head Yard, M3 | £1,250/mo | 1 | 0.17 miles | OpenRent |
| 1 Bed Flat, City Heights, M3 | £1,250/mo | 1 | 0.24 miles | OpenRent |
| 1 Bed Flat, Clowes Street, M3 | £1,300/mo | 1 | 0.25 miles | OpenRent |
| 1 Bed Flat, The Gallery, M3 | £1,150/mo | 1 | 0.27 miles | OpenRent |

**Average rent: £1,183/mo (6 listings)**

## 1% Rule

- **Rent ratio:** 0.43% (weak for cashflow)
- **Max investor price (0.8%):** £150,000
- **Target investor price (1%):** £120,000

*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 £1,200/mo).*

- **Gross yield:** 5.1%
- **Cost-to-rent:** 19.4×
- **Monthly cashflow:** £-48/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -0.7%

*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:** 2.8%
- **10y growth:** 54.2%

## House Price Index (HM Land Registry)

*Official index for North West; Flats and maisonettes series; as of February 2026.*

- **1y growth (index):** -0.3%
- **5y growth (index):** 11.3%
- **10y growth (index):** 47%

## 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)