# 1 bedroom apartment for sale (M16 0PQ)

## Property Details

| Key | Value |
|-----|-------|
| Address | Horizon, Manchester, M16 0PQ |
| Price | £279,950 |
| Bedrooms | 1 |
| Bathrooms | 1 |

## Description

"This Property is Suitable for Buy-to-Let Investments & Owner-Occupiers. Benefit From Instant Capital Growth on This Property!

Enquire today to receive a digital brochure, floor plans, and full investment breakdown.

DESCRIPTION 

The investment

Horizon presents an exciting opportunity to invest in one of Greater Manchester's most dynamic regeneration zones. With projected rental yields of 7%+ and regional capital growth of 27.6% by 2030 according to Savills, this development offers strong long-term potential.

The location

Located on Talbot Road in Old Trafford, Horizon sits at the heart of a major transformation area backed by national government, the Mayor of Greater Manchester, and the newly formed Old Trafford Regeneration MDC. Just minutes away from the city centre, MediaCityUK, and the world-famous Old Trafford stadiums, the location benefits from outstanding transport links and year-round demand from professionals, students, and tourists.

The apartments

Horizon's 303 one and two-bedroom apartments are designed to deliver a new standard of contemporary living. Each home features premium finishes, engineered flooring, high-gloss kitchens with integrated appliances, and luxury bathrooms. Panoramic city views also help to elevate the overall living experience.

The development

A landmark refurbishment delivered by award-winning developer Legacie, Horizon combines luxury living with exceptional on-site facilities, such as a pool, sauna, and gym. Approved for short-term lets, too, Horizon also offers owners the chance to maximise income through nightly rates as well as long-term tenancies.

Enquire today to receive a digital brochure, floor plans, and full investment breakdown."

## Property Photos

- ![Photo](/listings/photos/173383226/86056)
- ![Photo](/listings/photos/173383226/86057)
- ![Photo](/listings/photos/173383226/86058)
- ![Photo](/listings/photos/173383226/86059)
- ![Photo](/listings/photos/173383226/86060)
- ![Photo](/listings/photos/173383226/86061)
- ![Photo](/listings/photos/173383226/86062)
- ![Photo](/listings/photos/173383226/86063)
- ![Photo](/listings/photos/173383226/86064)

## Floorplans

- ![Floorplan 1](/listings/photos/173383226/86065) - Floorplan 1

## Sold Comparables

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

| Address | Price | Date | Type |
|---------|-------|------|------|
| KINETIC, 88 - 92 APARTMENT 208 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0UE | £103,500 | 15/12/2025 | Flat |
| BOWDEN COURT, 15 APARTMENT 24 MONTAGUE ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0QT | £175,000 | 28/11/2025 | Flat |
| BOWDEN COURT, 15 APARTMENT 20 MONTAGUE ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0QT | £158,000 | 15/12/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 804 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £197,000 | 07/12/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 1004 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £200,000 | 06/12/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 1003 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £200,000 | 05/12/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 1002 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £149,000 | 30/11/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 611 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £252,000 | 29/11/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 1008 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £198,000 | 23/11/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 801 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £265,000 | 22/11/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 1001 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £268,000 | 17/11/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 1011 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £258,000 | 17/11/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 811 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £255,000 | 17/11/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 609 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £192,000 | 08/11/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 605 TALBOT ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £193,000 | 02/11/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 604 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £194,000 | 27/10/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 910 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £196,000 | 26/10/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 909 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £196,000 | 20/10/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 701 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £263,000 | 19/10/2023 | Flat |
| ALEXANDER HOUSE, 94 APARTMENT 601 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £262,000 | 18/10/2023 | Flat |

**Area average:** £208,725 (20 sales)

## Price vs local average

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

- **Local average:** £187,350 (37 Flat, M16, 2024–2026)
- **Deviation:** +49.4%

## Rental Range

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

- **Low:** £1,223/mo
- **Realistic:** £1,359/mo
- **Optimistic:** £1,495/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, Talbot Road, M16 | £1,700/mo | 1 | 0.04 miles | OpenRent |
| 1 Bed Flat, Talbot Road, M16 | £2,595/mo | 1 | 0.09 miles | OpenRent |
| Studio Flat, Talbot Road, M16 | £900/mo | 1 | 0.09 miles | OpenRent |
| Studio Flat, Alexander House, M16 | £950/mo | 1 | 0.09 miles | OpenRent |
| Studio Flat, Alexander House, M16 | £825/mo | 1 | 0.09 miles | OpenRent |
| 1 Bed Flat, Alexander, M16 | £1,895/mo | 1 | 0.1 miles | OpenRent |
| 1 Bed Flat, Skerton Road, M16 | £1,500/mo | 1 | 0.27 miles | OpenRent |
| 1 Bed Flat, Grove House, M16 | £850/mo | 1 | 0.27 miles | OpenRent |
| [Paragon 307 Seymour Grove, Manchester](http://87.117.209.195:8080/listings/eb2cea4) | £975/mo | 1 | 0.3 miles | Rightmove |
| 1 Bed Penthouse, Seymour Grove, M16 | £1,400/mo | 1 | 0.32 miles | OpenRent |
| 1 Bed Flat, Wharf End, M17 | £1,150/mo | 1 | 0.35 miles | OpenRent |
| Studio Flat, Seymour Grove, M16 | £950/mo | 1 | 0.35 miles | OpenRent |
| Studio Flat, Great Stone Road, M32 | £700/mo | 1 | 0.42 miles | OpenRent |
| 1 Bed Flat, Westpoint, M16 | £1,000/mo | 1 | 0.51 miles | OpenRent |
| Studio Flat, Old Trafford, M16 | £850/mo | 1 | 0.72 miles | OpenRent |
| 1 Bed Flat, Old Trafford, M16 | £850/mo | 1 | 0.72 miles | OpenRent |

**Average rent: £1,193/mo (16 listings)**

## 1% Rule

- **Rent ratio:** 0.34% (weak for cashflow)
- **Max investor price (0.8%):** £120,375
- **Target investor price (1%):** £96,300

*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 £963/mo).*

- **Gross yield:** 4.1%
- **Cost-to-rent:** 24.2×
- **Monthly cashflow:** £-261/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -3.9%

*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:** -18.6%
- **10y growth:** 34.6%

## House Price Index (HM Land Registry)

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

- **1y growth (index):** -3.6%
- **5y growth (index):** 6.8%
- **10y growth (index):** 40.9%

## 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)