# 2 bedroom apartment for sale (M21 9LD) ## Property Details | Key | Value | |-----|-------| | Address | FLAT 1, HAMSTEAD HOUSE, 540, WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER M21 9LD | | Price | £295,000 | | Bedrooms | 2 | | Bathrooms | 1 | | Council tax | B | | Construction age | England and Wales: 2012 onwards | | Floor area | 59 m² | | Last sold | £265,000 Mar 2022 | ## EPC Rating & Upgrade Cost - **Current rating:** C - **Potential rating:** C - **Current heating cost:** £234/year [View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8700-3711-0222-3094-0893) ## Description ***VIDEO TOUR AVAILABLE*** A deceptively spacious and immaculately presented, TWO DOUBLE BEDROOM, lower ground floor apartment. Situated within this period conversion in a prime Chorlton location. With all of the amenities of Chorlton on your door step and just a short walk to Beech Road with all of its independent shops/bars and restaurants, and fantastic transport links close by with the Metrolink just a short walk away giving you direct access into Manchester City Centre. In brief this stylish apartment consists of a communal entrance hall with stairs leading to all floors, a private entrance with useful storage cupboard, a delightful lounge area which has access out into the private outdoor space, a modern fully fitted kitchen, a contemporary white three-piece bathroom suite, and two good sized double bedrooms completing this fantastic apartment. Other benefits include gas fired central heating, private outdoor space, an intercom system, and one allocated off-road parking space to the rear of the building. **Externally** - To the front aspect there is a low-level brick boundary wall with timber baton fencing above, there is allocated off-road parking to the rear of the building. **Financial Services** - We believe that by introducing our clients to specialist advisors who provide simple, sensible, mortgage & protection advice we can help our clients make fully informed decisions giving them the confidence that they are getting the right deal from the start. Our partners are committed to offering a tailor-made personal and professional service and aim to exceed expectations on every level, specialising in finding the best mortgage & protection products to suit your particular needs. If you wish to take the opportunity to speak with our partner advisors at Bespoke Mortgage; Bridget and Mark can be reached on or **Aml - (Anti-Money Laundering).** - We are required by law and HMRC guidelines to carry out anti-money laundering checks on all those selling or buying a property. Whilst we retain responsibility for ensuring checks and any ongoing monitoring are carried out correctly, the initial checks are carried out on our behalf by Lifetime Legal who will contact you once you have agreed to instruct us in your sale or had an offer accepted on a property you wish to buy. The cost of these checks is £60 (incl. VAT), which covers the cost of obtaining relevant data and any manual checks and monitoring which might be required. This fee will need to be paid by you in advance of us publishing your property (in the case of a vendor) or issuing a memorandum of sale (in the case of a buyer), directly to Lifetime Legal, and is non-refundable. We will receive some of the fee taken by Lifetime Legal to compensate for its role in the provision of these checks. **Stamp Duty Land Tax (Sdlt)** - You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price when you buy residential property, for example a house or flat. The amount you pay depends on: *When you bought the property *How much you paid for it *Whether you’re eligible for relief or an exemption *Use the SDLT calculator to work out how much tax you’ll pay. Further details available on ## Property Photos - ![DSC09100.png](/listings/photos/89319321/614570) - DSC09100.png - ![DSC09044.jpg](/listings/photos/89319321/614571) - DSC09044.jpg - ![DSC09045.jpg](/listings/photos/89319321/614572) - DSC09045.jpg - ![DSC09039.jpg](/listings/photos/89319321/614573) - DSC09039.jpg - ![DSC09065.jpg](/listings/photos/89319321/614574) - DSC09065.jpg - ![DSC09028.jpg](/listings/photos/89319321/614575) - DSC09028.jpg - ![DSC09037.jpg](/listings/photos/89319321/614576) - DSC09037.jpg - ![DSC09017.jpg](/listings/photos/89319321/614577) - DSC09017.jpg - ![DSC09081.jpg](/listings/photos/89319321/614578) - DSC09081.jpg - ![DSC09080.jpg](/listings/photos/89319321/614579) - DSC09080.jpg - ![DSC09024.jpg](/listings/photos/89319321/614580) - DSC09024.jpg - ![DSC09066.jpg](/listings/photos/89319321/614581) - DSC09066.jpg - ![DSC09069.jpg](/listings/photos/89319321/614582) - DSC09069.jpg - ![DSC09071.jpg](/listings/photos/89319321/614583) - DSC09071.jpg - ![DSC09074-2.jpg](/listings/photos/89319321/614584) - DSC09074-2.jpg - ![DSC09083.jpg](/listings/photos/89319321/614585) - DSC09083.jpg - ![DSC09085.jpg](/listings/photos/89319321/614586) - DSC09085.jpg - ![Cap Coffee.png](/listings/photos/89319321/614587) - Cap Coffee.png - ![Cheese & Fish.png](/listings/photos/89319321/614588) - Cheese & Fish.png - ![Longford Park.png](/listings/photos/89319321/614589) - Longford Park.png ## Floorplans - ![Apt 1 540 Wilbraham Road, Chorlton - all floors.JP](/listings/photos/89319321/614590) - Apt 1 540 Wilbraham Road, Chorlton - all floors.JP ## EPC Graphs - ![EE Rating](/listings/photos/89319321/614591) - EE Rating ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | HAMSTEAD HOUSE, 540 FLAT 1 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M21 9LD | £265,000 | 31/03/2022 | 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 | |---------|-------|------|------| | HAMSTEAD HOUSE, 540 FLAT 4 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M21 9LD | £324,550 | 19/12/2023 | Flat | | 2B OSWALD ROAD, CHORLTON CUM HARDY, MANCHESTER, GREATER MANCHESTER, M21 9LH | £275,500 | 18/12/2023 | Flat | | 621 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M21 9AT | £1,165,000 | 20/10/2023 | Flat | | 17 APARTMENT 5 WHITELOW ROAD, MANCHESTER, GREATER MANCHESTER, M21 9HQ | £260,000 | 13/10/2023 | Flat | | 5 FLAT 2 WHITELOW ROAD, MANCHESTER, GREATER MANCHESTER, M21 9HQ | £246,000 | 12/10/2022 | Flat | | 5 FLAT 2 HASTINGS AVENUE, MANCHESTER, GREATER MANCHESTER, M21 9JS | £190,000 | 30/09/2022 | Flat | | SIBSON COURT FLAT 16 SIBSON ROAD, MANCHESTER, GREATER MANCHESTER, M21 9RG | £209,000 | 16/09/2022 | Flat | | CHORLTON VIEW, 6 FLAT 4 WHITELOW ROAD, MANCHESTER, GREATER MANCHESTER, M21 9HQ | £235,000 | 05/09/2022 | Flat | | SIBSON COURT FLAT 3 SIBSON ROAD, MANCHESTER, GREATER MANCHESTER, M21 9RG | £214,000 | 10/06/2022 | Flat | | 17 APARTMENT 6 WHITELOW ROAD, MANCHESTER, GREATER MANCHESTER, M21 9HQ | £262,000 | 12/05/2022 | Flat | | CHORLTON HEIGHT, 615C FLAT 3 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M21 9AN | £245,000 | 10/05/2022 | Flat | | 5 FLAT 4 HASTINGS AVENUE, MANCHESTER, GREATER MANCHESTER, M21 9JS | £197,500 | 30/03/2022 | Flat | | HAMSTEAD HOUSE, 540 FLAT 2 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M21 9LD | £260,000 | 18/03/2022 | Flat | | WHITELOW LODGE, 12 FLAT 3 WHITELOW ROAD, MANCHESTER, GREATER MANCHESTER, M21 9HQ | £150,000 | 21/02/2022 | Flat | | HAMSTEAD HOUSE, 540 FLAT 3 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M21 9LD | £263,000 | 31/01/2022 | Flat | | HAMSTEAD HOUSE, 540 FLAT 7 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M21 9LD | £250,000 | 28/01/2022 | Flat | | HAMSTEAD HOUSE, 540 FLAT 6 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M21 9LD | £280,000 | 23/12/2021 | Flat | | HAMSTEAD HOUSE, 540 FLAT 5 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M21 9LD | £282,000 | 08/12/2021 | Flat | | WHITELOW LODGE, 12 FLAT 5 WHITELOW ROAD, MANCHESTER, GREATER MANCHESTER, M21 9HQ | £190,000 | 26/11/2021 | Flat | | HAMSTEAD HOUSE, 540 FLAT 8 WILBRAHAM ROAD, MANCHESTER, GREATER MANCHESTER, M21 9LD | £270,000 | 26/11/2021 | Flat | **Area average:** £288,428 (20 sales) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £211,647 (15 Flat, M21, 2024–2026) - **Deviation:** +39.4% ## 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 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, Wilbraham Road, M21 | £1,250/mo | 2 | 0.43 miles | OpenRent | | 2 Bed Flat, Wilbraham Road, M21 | £1,400/mo | 2 | 0.45 miles | OpenRent | | 2 Bed Semi-Detached House, Egerton Road North, M16 | £1,700/mo | 2 | 0.58 miles | OpenRent | | 2 Bed Flat, Barlow Moor Road, M21 | £1,400/mo | 2 | 0.58 miles | OpenRent | | 2 Bed Flat, Headingley Drive, M16 | £594/mo | 2 | 0.8 miles | OpenRent | **Average rent: £1,269/mo (5 listings)** ## 1% Rule - **Rent ratio:** 0.47% (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:** 5.7% - **Cost-to-rent:** 17.6× - **Monthly cashflow:** £73/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term) - **Cash-on-cash ROI:** 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:** £5,000/m² ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** 48.6% - **10y growth:** 44.2% ## House Price Index (HM Land Registry) *Official index for Manchester; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -1.4% - **5y growth (index):** 9.1% - **10y growth (index):** 58.9% ## 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)