For sale Flat

APARTMENT 315

10 NAPLES STREET, MANCHESTER, GREATER MANCHESTER M4 4AR

2 beds 2 baths Listed 28 Jul 2026 (-2d)

£230,000

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Property details

Tenure

LEASEHOLD

Council tax band

D

Last sold

£195,000 Dec 2018

Local average

£261,737 (-12.1%)

Deprivation

Decile 6 (17,591 of 33,755)

Street crime

4 incidents within 1 mile (May 2026)

Key features

  • Mortgage buyers welcome
  • Perfect first time buyer opportunity
  • Third floor
  • Two double bedrooms
  • Two bathrooms
  • Stylish kitchen with island
  • Juliet balcony with south westerly aspect
  • Secure allocated car parking space
  • Vacant possession
  • A must view

Additional details

Electricity
Mains supply
Broadband
FTTP (fibre to the premises)
Water
Mains supply
Heating
Electric
Parking
Off street

Description

Goodwin Fish is delighted to offer for sale a south west facing apartment conveniently situated between Manchester`s most bohemian quarter and it`s newest neighbourhood, Victoria Riverside.

The area is home to artisan coffee at Aeropres, Foundation, and Pot Kettle Black, the Co-op Group at NOMA, independent food vendors art Mackie Mayor, craft ale at Black Jack microbrewery, green space at Angel Meadows, and live music at New Century Hall. The property is less than a five minute walk to Victoria train station or Shudehill Metrolink.

Located on the 3rd floor and boasting a south westerly aspect, the property briefly comprises: entrance/hallway with storage; open plan lounge/diner with views of NOMA from the Juliet balcony; stylish kitchen with island and complementary tiled splash back; primary double bedroom with en suite; second double bedroom/work-from-home space; primary bathroom.

The property is sold with a secure allocated car parking space and is offered chain free with vacant possession.

Latest update in regards to cladding replacement: "The BSR application has been approved, and a start on site date is currently being agreed with the contractor. We are expecting to commence works prior to the end of August as per the Cladding Safety Scheme requirements."

Tenure: Leasehold
Annual service charge: £1,840.78
Annual ground rent: £225.00
Length of lease: 150 years from 2004
Management company: Compton Group


Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Anti-Money Laundering (AML) Checks - As part of making an offer, we`re required by law to complete Anti-Money Laundering (AML) checks to confirm the identity of all purchasers. To cover the cost of this process, a non-refundable fee of £60 inc VAT per buyer is payable when your offer is accepted. This is a standard requirement for all buyers and ensures your offer can be progressed as quickly and smoothly as possible.

Listed by

Manchester

Goodwin Fish & Co

Reference: 91424211

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

Event Date Price % change
Listed for sale £230,000 +17.9%
Sold 18/12/2018 (7 years ago) £195,000

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
9 FLAT 802 DYCHE STREET, MANCHESTER, GREATER MANCHESTER, M4 4FU £250,000 03/12/2025 Flat
25 APARTMENT 7 SIMPSON STREET, MANCHESTER, GREATER MANCHESTER, M4 4AS £79,000 24/11/2025 Flat
2 FLAT 802 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GQ £477,500 07/05/2025 Flat
21 FLAT 193 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU £361,800 14/07/2023 Flat
2 FLAT 805 OLD MOUNT STREET, MANCHESTER, GREATER MANCHESTER, M4 4GQ £240,000 31/03/2023 Flat
5 APARTMENT 305 LUDGATE HILL, MANCHESTER, GREATER MANCHESTER, M4 4TG £115,000 17/02/2023 Flat
21 FLAT 188 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU £349,500 20/01/2023 Flat
21 FLAT 198 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU £652,000 29/12/2022 Flat
21 FLAT 120 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GT £342,000 22/12/2022 Flat
21 FLAT 120 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GT £342,000 22/12/2022 Flat
21 FLAT 97 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GT £342,750 16/12/2022 Flat
21 FLAT 97 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GT £372,500 16/12/2022 Flat
25 APARTMENT 508 SIMPSON STREET, MANCHESTER, GREATER MANCHESTER, M4 4AS £150,000 09/12/2022 Flat
21 FLAT 199 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GU £697,000 30/11/2022 Flat
21 FLAT 87 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GT £351,025 11/11/2022 Flat
21 FLAT 87 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GT £369,500 10/11/2022 Flat
21 FLAT 122 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GT £360,960 07/11/2022 Flat
21 FLAT 125 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GT £346,750 04/11/2022 Flat
21 FLAT 132 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GT £361,475 04/11/2022 Flat
21 FLAT 81 ASPIN LANE, MANCHESTER, GREATER MANCHESTER, M4 4GT £320,625 25/10/2022 Flat

Area average: £344,069 (20 sales)

Capital growth trend

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

5y growth -6.4%
10y growth 30.8%

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

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

Rental Range

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

Low £1,222/mo
Realistic £1,358/mo
Optimistic £1,494/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for East Lancs: £474/mo (Apr 2025 – Mar 2026)

Location

Nearby

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

Type Name Distance
Shop Co-op Food 0.1 miles
Bus stop Newtown, Rochdale Road / opposite Marshall Street 0.1 miles
Bus stop Newtown, Rochdale Road / near Marshall Street 0.1 miles
Shop International Trimmings 0.1 miles
Train station Manchester Victoria 0.3 miles
University UCEN Manchester (City Campus) 0.4 miles
University University of Law 0.6 miles
Train station Manchester Piccadilly 0.8 miles
Hospital Salford Gastric Bypass Surgery 2.4 miles
Hospital The Ailsa Craig Medical Practise 2.6 miles

Street-level crime

Category Count
Violence and sexual offences 3
Drugs 1
Total incidents 4

Within 1 mile during May 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
The Cooperative College Other 0.2 miles (No rating)
Digital Advantage Other 0.2 miles (No rating)
Chetham's School of Music Other 0.3 miles (No rating)
Abbott Community Primary School Primary 0.5 miles Outstanding — 12 Feb 2019
St Patrick's RC Primary School Primary 0.5 miles Good — 13 Jan 2022

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, Old Mount Street, M4 £1,500/mo 2 0.06 miles OpenRent
2 Bed Flat, Aspin Lane, M4 £1,600/mo 2 0.08 miles OpenRent
2 Bed Flat, Aspin Lane, M4 £1,500/mo 2 0.08 miles OpenRent
2 Bed Flat, Dantzic St, M4 £1,750/mo 2 0.24 miles OpenRent
2 Bed Flat, Dantzic Street, M4 £1,495/mo 2 0.24 miles OpenRent

Average rent: £1,569/mo (5 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.65%
Max investor price (0.8%) £187,500
Target investor price (1%) £150,000
Gross yield 7.8%
Cost-to-rent ratio 12.8×
Monthly cashflow £419/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 7.5%
  • 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).