# 1 bedroom apartment for sale (M4 4JR)

## Property Details

| Key | Value |
|-----|-------|
| Address | Ancoats Gardens, 30 Bendix Street, Manchester, M4, M4 4JR |
| Price | £290,985 |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Last sold | £275,000 |

## Description

7% Projected Returns + Strong Capital Growth: Book your home viewing at Ancoats Gardens today!

Positioned in a high-demand rental zone and completed with premium resident facilities, this development offers long-term performance and lifestyle appeal. Units come fully furnished with modern kitchens, bespoke wardrobes and efficient heating.

The Northern Quarter, Piccadilly Station, and Spinningfields are all within a 15-minute walk, driving consistent tenant demand.

Highlights:

- Strong rental demand in Ancoats

- 7% projected rental yields

- Rooftop gardens, gym & lounge

- One to three-bedroom options

- Completed development with full management in place

Let Rothmore Property help you secure your unit or browse other off-plan and completed sites nationwide.

## Property Photos

- ![AG_Roof_Terrace_2022_d.jpg](/listings/photos/173726585/399364) - AG_Roof_Terrace_2022_d.jpg
- ![AG_Roof_Terrace_2022_f.jpg](/listings/photos/173726585/399366) - AG_Roof_Terrace_2022_f.jpg
- ![Ancoats Gardens Gym 1.png](/listings/photos/173726585/399367) - Ancoats Gardens Gym 1.png
- ![3bedAG2021_h copy.jpg](/listings/photos/173726585/399369) - 3bedAG2021_h copy.jpg
- ![3bedAG2021_g copy.jpg](/listings/photos/173726585/399370) - 3bedAG2021_g copy.jpg
- ![Ancoats Gardens Gym 2.png](/listings/photos/173726585/399371) - Ancoats Gardens Gym 2.png
- ![3bedAG2021_f copy.jpg](/listings/photos/173726585/399373) - 3bedAG2021_f copy.jpg
- ![3bedAG2021_j copy.jpg](/listings/photos/173726585/399376) - 3bedAG2021_j copy.jpg
- ![3bedAG2021_o copy.jpg](/listings/photos/173726585/399378) - 3bedAG2021_o copy.jpg
- ![3bedAG2021_i copy.jpg](/listings/photos/173726585/399379) - 3bedAG2021_i copy.jpg
- ![AG_Lobby_CAM_G0000 copy.jpg](/listings/photos/173726585/399380) - AG_Lobby_CAM_G0000 copy.jpg
- ![AG_Lobby_CAM_E0000 copy.jpg](/listings/photos/173726585/399381) - AG_Lobby_CAM_E0000 copy.jpg
- ![AG_Lobby_CAM_A0000 copy.jpg](/listings/photos/173726585/399382) - AG_Lobby_CAM_A0000 copy.jpg
- ![AG_Roof_Terrace_2022_e.jpg](/listings/photos/173726585/399383) - AG_Roof_Terrace_2022_e.jpg
- ![AG_Roof_Terrace_2022_g.jpg](/listings/photos/173726585/399384) - AG_Roof_Terrace_2022_g.jpg

## Floorplans

- ![Ancoats Gardens - Floorplan - 1-Bed (711).jpg](/listings/photos/173726585/399385) - Ancoats Gardens - Floorplan - 1-Bed (711).jpg

## Sales History

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

| Address | Price | Date | Type |
|---------|-------|------|------|
|  | £275,000 | 01/01/2024 | — |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 9 FLAT 802 DYCHE STREET, MANCHESTER, GREATER MANCHESTER, M4 4FU | £250,000 | 03/12/2025 | Flat |
| 50 APARTMENT 406 GOULDEN STREET, MANCHESTER, GREATER MANCHESTER, M4 5EH | £145,000 | 27/06/2025 | Flat |
| 6 APARTMENT 402 LUDGATE HILL, MANCHESTER, GREATER MANCHESTER, M4 4BW | £152,000 | 29/11/2023 | Flat |
| THE CITADEL, 15 APARTMENT 18 LUDGATE HILL, MANCHESTER, GREATER MANCHESTER, M4 4AL | £100,000 | 09/11/2023 | Flat |
| 6 APARTMENT 402 LUDGATE HILL, MANCHESTER, GREATER MANCHESTER, M4 4BW | £100,000 | 27/09/2023 | Flat |
| 6 APARTMENT 306 LUDGATE HILL, MANCHESTER, GREATER MANCHESTER, M4 4BW | £133,000 | 31/07/2023 | Flat |
| 50 APARTMENT G18 GOULDEN STREET, MANCHESTER, GREATER MANCHESTER, M4 5EH | £117,000 | 31/03/2023 | Flat |
| 5 APARTMENT 305 LUDGATE HILL, MANCHESTER, GREATER MANCHESTER, M4 4TG | £115,000 | 17/02/2023 | Flat |
| 25 APARTMENT 508 SIMPSON STREET, MANCHESTER, GREATER MANCHESTER, M4 4AS | £150,000 | 09/12/2022 | Flat |
| 50 APARTMENT G6 GOULDEN STREET, MANCHESTER, GREATER MANCHESTER, M4 5EH | £180,000 | 22/11/2022 | Flat |
| 50 APARTMENT 707 GOULDEN STREET, MANCHESTER, GREATER MANCHESTER, M4 5EJ | £168,000 | 11/11/2022 | Flat |
| 50 APARTMENT 116 GOULDEN STREET, MANCHESTER, GREATER MANCHESTER, M4 5EH | £210,000 | 19/10/2022 | Flat |
| 33 APARTMENT 201 SIMPSON STREET, MANCHESTER, GREATER MANCHESTER, M4 4BG | £166,000 | 14/10/2022 | Flat |
| 9 FLAT 808 DYCHE STREET, MANCHESTER, GREATER MANCHESTER, M4 4FU | £275,000 | 11/10/2022 | Flat |
| PRINTING PRESS HOUSE, 17 FLAT 27 SCHOOL STREET, MANCHESTER, GREATER MANCHESTER, M4 4HD | £288,584 | 11/10/2022 | Flat |
| PRINTING PRESS HOUSE, 17 FLAT 5 SCHOOL STREET, MANCHESTER, GREATER MANCHESTER, M4 4HD | £275,000 | 29/09/2022 | Flat |
| 50 APARTMENT 409 GOULDEN STREET, MANCHESTER, GREATER MANCHESTER, M4 5EH | £198,000 | 23/09/2022 | Flat |
| 9 FLAT 606 DYCHE STREET, MANCHESTER, GREATER MANCHESTER, M4 4FU | £249,950 | 12/08/2022 | Flat |
| 50 APARTMENT 215 GOULDEN STREET, MANCHESTER, GREATER MANCHESTER, M4 5EH | £230,000 | 05/08/2022 | Flat |
| 5 APARTMENT 104 LUDGATE HILL, MANCHESTER, GREATER MANCHESTER, M4 4TG | £126,000 | 20/07/2022 | Flat |

**Area average:** £181,427 (20 sales)

## Price vs local average

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

- **Local average:** £268,000 (70 Flat, M4, 2024–2026)
- **Deviation:** +8.6%

## 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 East Lancs (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £424/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, Bendix St, M4 | £1,300/mo | 1 | 0.01 miles | OpenRent |
| 1 Bed Flat, Mason Street, M4 | £995/mo | 1 | 0.04 miles | OpenRent |
| 1 Bed Flat, Angel Court, M4 | £1,100/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Aspin Lane, M4 | £1,250/mo | 1 | 0.19 miles | OpenRent |
| 1 Bed Flat, Tib Street, M4 | £2,500/mo | 1 | 0.22 miles | OpenRent |
| 1 Bed Flat, Oldham St, M4 | £870/mo | 1 | 0.22 miles | OpenRent |
| 1 Bed Flat, Tib St, M4 | £975/mo | 1 | 0.22 miles | OpenRent |

**Average rent: £1,284/mo (7 listings)**

## 1% Rule

- **Rent ratio:** 0.38% (weak for cashflow)
- **Max investor price (0.8%):** £137,500
- **Target investor price (1%):** £110,000

*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 £1,100/mo).*

- **Gross yield:** 4.5%
- **Cost-to-rent:** 22×
- **Monthly cashflow:** £-181/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -2.6%

*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:** -1.6%
- **10y growth:** 57.5%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** 1.2%
- **5y growth (index):** 15.9%
- **10y growth (index):** 61.1%

## 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)