# 2 bedroom apartment for sale (M1 6BD) ## Property Details | Key | Value | |-----|-------| | Address | 113, ASIA HOUSE, 82, PRINCESS STREET, MANCHESTER, MANCHESTER, GREATER MANCHESTER M1 6BD | | Price | £210,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Construction age | England and Wales: before 1900 | | Floor area | 72 m² | | Last sold | £169,000 Sep 2005 | ## EPC Rating & Upgrade Cost - **Current rating:** D - **Potential rating:** B - **Expiry date:** 20/05/2029 - **Current heating cost:** £538/year - **Est. upgrade cost to C:** £11,190 ### Recommendations - Q (£4,000 - £14,000) - E (£35) - L2 (£1,200 - £1,800) - Y (£585 - £725) [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8971-6325-6350-1519-8926) ## Description A stylish and characterful apartment featuring high ceilings, exposed beams and a mezzanine study, offering spacious open-plan living in a vibrant and well-connected city location close to amenities, transport links and green spaces. This striking and characterful apartment offers a superb blend of contemporary living and industrial-style design, set within a highly sought-after and central location. Defined by its impressive proportions and unique architectural features, the property delivers a spacious and versatile layout ideal for modern city living, further enhanced by recent redecoration throughout completed in March 2026. At the heart of the home is the standout open-plan lounge and dining area, a bright and expansive space enhanced by high ceilings, exposed steel beams and large windows that flood the room with natural light. The generous proportions comfortably accommodate both seating and dining areas, creating an ideal setting for relaxing or entertaining. The open aspect continues through to a well-appointed kitchen, fitted with a range of units and workspace, along with integrated appliances including a dishwasher, fridge, freezer, halogen hob and oven, and complemented by a breakfast bar that adds a sociable and practical element to the layout. The property offers two well-sized bedrooms, both providing comfortable accommodation with ample space for furnishings. The principal bedroom benefits from excellent proportions, while the second bedroom offers flexibility for guests, home working or additional storage. A contemporary shower room and separate bathroom are both finished in a clean, modern style, enhancing convenience for day-to-day living. A particular feature of this home is the mezzanine level, accessed via a fixed ladder, which provides a unique additional bed deck and office area. This versatile space is currently arranged as a study but could serve a variety of purposes including a guest sleeping area, home office or creative workspace, further adding to the overall appeal. The property is positioned within a vibrant and well-connected part of the city, known for its mix of historic character and modern amenities. A wide selection of independent bars, restaurants and cafes are within easy reach, alongside larger retail options and everyday conveniences. The area is particularly popular with professionals, offering a strong lifestyle balance between work and leisure. Transport connections are excellent, with nearby rail stations providing direct access across the city and beyond, while tram and bus routes offer further connectivity. For those commuting, key commercial districts are easily accessible on foot, making this an ideal base for city-based professionals. Green spaces such as nearby urban parks and canal-side walks provide welcome outdoor escape, offering opportunities for leisure, exercise and relaxation within close proximity to the property. Further benefiting from secure undercroft allocated parking, this is a distinctive and well-located home, combining character, space and convenience in one of the city's most desirable settings. Premium Fast Sale The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer. Benefits o Carefully implemented security measures o A speedy process o Realistically priced properties o A Buy it Now option (ask for further information on this feature from our advisors) o A significantly reduced chance of fall-throughs o No risk of being "gazumped" o The full focus of our highly motivated team Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods. All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction. Deposit Sales can be secured with a reservation deposit of £5,000. This forms part of the final purchase price and is NOT an extra cost. This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss. An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe. Exclusivity Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping. Process Our Premium Fast Sale Plus follows the below process: STEP 1 - Register your interest STEP 2 - Prepare your finances for the purchase STEP 3 - Arrange a viewing STEP 4 - Make an offer STEP 5 - Secure your sale using our secure system STEP 6 - Exchange and complete Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing. If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity. Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property. Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes. Please call us now to book an appointment. We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest. Please call us now to book an appointment. Call Recording Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes. ** Disclaimer ** Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that: The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property. TENURE To be confirmed by the Vendor's Solicitors Note The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided. **How to View this Property** Viewing is strictly by appointment please call us now for bookings. AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale. ## Property Photos - ![Front View](/listings/photos/173744810/243558) - Front View - ![IMAGE 2](/listings/photos/173744810/243559) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243560) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243561) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243562) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243563) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243564) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243565) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243566) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243567) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243568) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243569) - IMAGE 2 - ![Image 9](/listings/photos/173744810/243570) - Image 9 - ![Image 12](/listings/photos/173744810/243571) - Image 12 - ![IMAGE 2](/listings/photos/173744810/243572) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243573) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243574) - IMAGE 2 - ![IMAGE 2](/listings/photos/173744810/243575) - IMAGE 2 ## Floorplans - ![Floor plan](/listings/photos/173744810/243576) - Floor plan ## EPC Graphs - ![EPC](/listings/photos/173744810/243577) - EPC ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | ASIA HOUSE, 82 113 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BD | £169,000 | 24/09/2005 | 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 | |---------|-------|------|------| | ASIA HOUSE, 82 109 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BD | £250,000 | 25/03/2025 | Flat | | ASIA HOUSE, 82 608 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £230,000 | 22/09/2023 | Flat | | LANCASTER HOUSE, 71 FLAT 38 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 6LQ | £100,000 | 05/09/2023 | Flat | | ASIA HOUSE, 82 613 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £260,000 | 04/09/2023 | Flat | | ASIA HOUSE, 82 402 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £260,000 | 11/04/2023 | Flat | | 115 FLAT 403 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6JB | £199,950 | 17/03/2023 | Flat | | LANCASTER HOUSE, 80 FLAT 20 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6NF | £185,100 | 18/11/2022 | Flat | | LANCASTER HOUSE, 80 FLAT 27 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6NF | £212,000 | 18/11/2022 | Flat | | LANCASTER HOUSE, 80 FLAT 24 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6NF | £210,000 | 11/10/2022 | Flat | | ASIA HOUSE, 82 503 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £347,500 | 27/09/2022 | Flat | | ASIA HOUSE, 82 204 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BD | £300,000 | 02/09/2022 | Flat | | ASIA HOUSE, 82 403 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £315,000 | 26/08/2022 | Flat | | ASIA HOUSE, 82 315 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BD | £252,500 | 26/08/2022 | Flat | | ASIA HOUSE, 82 209 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BD | £240,000 | 29/06/2022 | Flat | | LANCASTER HOUSE, 80 FLAT 28 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6NF | £210,000 | 10/06/2022 | Flat | | LANCASTER HOUSE, 80 FLAT 37 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6NF | £215,000 | 31/05/2022 | Flat | | LANCASTER HOUSE, 80 FLAT 15 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6NF | £173,000 | 27/05/2022 | Flat | | LANCASTER HOUSE, 71 FLAT 47 WHITWORTH STREET, MANCHESTER, GREATER MANCHESTER, M1 6LQ | £120,000 | 12/05/2022 | Flat | | ASIA HOUSE, 82 505 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BE | £200,000 | 29/04/2022 | Flat | | ASIA HOUSE, 82 212 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6BD | £160,000 | 25/04/2022 | Flat | **Area average:** £222,003 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £268,224 (61 Flat, M1, 2024–2026) - **Deviation:** -21.7% ## Rental Range *ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,222/mo - **Realistic:** £1,358/mo - **Optimistic:** £1,494/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £449/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 Flat, The Quadrangle, M1 | £1,400/mo | 2 | 0.21 miles | OpenRent | | 2 Bed Flat, The Lock Building, M1 | £1,475/mo | 2 | 0.24 miles | OpenRent | | 2 Bed Flat, Great Bridgewater Street, M1 | £1,350/mo | 2 | 0.24 miles | OpenRent | **Average rent: £1,408/mo (3 listings)** ## 1% Rule - **Rent ratio:** 0.67% (weak for cashflow) - **Max investor price (0.8%):** £175,000 - **Target investor price (1%):** £140,000 *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 £1,400/mo).* - **Gross yield:** 8% - **Cost-to-rent:** 12.5× - **Monthly cashflow:** £408/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 8% *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:** £2,917/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -0.7% - **10y growth:** 25.6% ## House Price Index (HM Land Registry) *Official index for Manchester; Flats and maisonettes series; as of May 2026.* - **1y growth (index):** -2% - **5y growth (index):** 9.1% - **10y growth (index):** 56.3% ## 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)