# 2 bedroom apartment for sale (M16 0PP) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 601, ALEXANDER HOUSE, 94, TALBOT ROAD, MANCHESTER, OLD TRAFFORD, GREATER MANCHESTER M16 0PP | | Price | £310,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Floor area | 70 m² | | Last sold | £262,000 Oct 2023 | ## Description 2-Bed Apartment with Parking - Prime Manchester Location Development Highlights Luxury development of 116 high-spec apartments in Manchester Just minutes' walk from Old Trafford Football & Cricket Grounds Excellent access to MediaCityUK, Manchester City Centre, Trafford Centre, Exchange Business Park & Trafford Business Park Superb Metrolink and public transport connections Forecasted NET yields of 9-10% via short-term lets Stylish private balconies and premium finishes throughout Located at the heart of Trafford's Civic Quarter regeneration ***Agreed Terms*** ***Short-term let permission granted by the development team*** Apartment Features Floor-to-ceiling windows with abundant natural light Corner position for enhanced views Private balcony overlooking MediaCityUK & Old Trafford 2 Bedrooms / 2 Bathrooms Internal space: 722.4 sq ft (67.1 m²) Balcony: 21.5 sq ft (2 m²) Additional Information Apartment Number: 59 Floor: 6th Ground Rent: £0 per annum Service Charge: £2.50 per sq ft per annum Lease Length: 250 years ## Property Photos - ![Photo](/listings/photos/170955032/507401) - ![Photo](/listings/photos/170955032/507403) - ![Photo](/listings/photos/170955032/507404) - ![Photo](/listings/photos/170955032/507406) - ![Photo](/listings/photos/170955032/507407) ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | ALEXANDER HOUSE, 94 APARTMENT 601 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £262,000 | 18/10/2023 | 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 | |---------|-------|------|------| | 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 | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 804 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £197,000 | 07/12/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 1004 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £200,000 | 06/12/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 1003 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £200,000 | 05/12/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 1002 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £149,000 | 30/11/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 611 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £252,000 | 29/11/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 1008 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £198,000 | 23/11/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 801 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £265,000 | 22/11/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 1001 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £268,000 | 17/11/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 1011 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £258,000 | 17/11/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 811 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £255,000 | 17/11/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 609 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £192,000 | 08/11/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 605 TALBOT ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £193,000 | 02/11/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 604 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £194,000 | 27/10/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 910 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £196,000 | 26/10/2023 | Flat | | [Same street] ALEXANDER HOUSE, 94 APARTMENT 909 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0PP | £196,000 | 20/10/2023 | Flat | | KINETIC, 88 - 92 APARTMENT 404 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0UE | £110,000 | 11/09/2023 | Flat | | BOWDEN COURT, 15 APARTMENT 31 MONTAGUE ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0QT | £165,000 | 09/06/2023 | Flat | | BOWDEN COURT, 15 APARTMENT 30 MONTAGUE ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0QT | £153,000 | 05/09/2022 | Flat | | KINETIC, 89 - 92 APARTMENT 308 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0UE | £150,000 | 04/08/2022 | Flat | | 86 APARTMENT 905 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0UG | £218,650 | 01/06/2022 | Flat | | 86 APARTMENT 801 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0UG | £193,000 | 08/04/2022 | Flat | | INSIGNIA, 86 APARTMENT 708 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0UG | £226,000 | 07/04/2022 | Flat | | WARWICKGATE HOUSE, 7 62 WARWICK ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0RZ | £192,500 | 28/03/2022 | Flat | | 86 APARTMENT 103 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0UF | £215,000 | 03/03/2022 | Flat | | 86 APARTMENT 110 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0UF | £155,000 | 03/03/2022 | Flat | | BOWDEN COURT, 17 APARTMENT 64 MONTAGUE ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0QT | £145,000 | 25/02/2022 | Flat | | WARWICKGATE HOUSE, 7 15 WARWICK ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0RZ | £190,000 | 10/12/2021 | Flat | | 86 APARTMENT 507 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0UF | £220,750 | 06/12/2021 | Flat | | WARWICKGATE HOUSE, 7 54 WARWICK ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0RZ | £201,000 | 25/11/2021 | Flat | | BOWDEN COURT, 16 APARTMENT 38 MONTAGUE ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0QT | £145,000 | 30/09/2021 | Flat | | 86 APARTMENT 706 TALBOT ROAD, OLD TRAFFORD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0UG | £247,500 | 30/09/2021 | Flat | | BOWDEN COURT, 17 APARTMENT 61 MONTAGUE ROAD, MANCHESTER, TRAFFORD, GREATER MANCHESTER, M16 0QT | £143,000 | 16/09/2021 | Flat | **Street average:** £214,200 (15 sales) **Area average:** £175,345 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £185,054 (36 Flat, M16, 2024–2026) - **Deviation:** +67.5% ## 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):** £474/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 | |------|------|------|------|------| | 2 Bed Penthouse, Warwick Road, M16 | £1,475/mo | 2 | 0.07 miles | OpenRent | | 2 Bed Flat, Wharf End, M17 | £1,275/mo | 2 | 0.41 miles | OpenRent | **Average rent: £1,375/mo (2 listings)** ## 1% Rule - **Rent ratio:** 0.44% (weak for cashflow) - **Max investor price (0.8%):** £171,875 - **Target investor price (1%):** £137,500 *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 £1,375/mo).* - **Gross yield:** 5.3% - **Cost-to-rent:** 18.8× - **Monthly cashflow:** £-8/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** -0.1% *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:** £4,429/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -14.1% - **10y growth:** 35.4% ## 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)