1/8
£220,000
3 beds · 1 bath · 773 sq ft
Stretford Road, MANCHESTER, Lancashire, M15
0.18 miles
away
Leasehold
Added on 31/08/2026 Bridgfords Sales and Letting Agents Stockport
1/7
1/7
£165,000
Offers over 2 bed flat for sale Drayton Street, Manchester, M15
2
beds 2
baths Flat
Leasehold
Added on 16/09/2026
About this property
Located on Drayton Street in Hulme, Flat 57 presents an excellent turnkey investment opportunity, ideal for buyers seeking immediate rental income with minimal upfront work. The apartment has been recently refurbished throughout, including a newly fitted kitchen, new carpets, and fresh paintwork, ensuring a modern, low-maintenance finish that appeals strongly to today’s rental market. Currently tenanted at £1,150 per calendar month, the apartment provides an attractive income stream in an area known for consistent tenant demand, driven by proximity to Manchester city centre, universities, hospitals, and major transport links.
Key features
- Bright two-bedroom apartment
- Modern refurbishment throughout
- Tenanted at £1,150 pcm
- Strong rental demand area
- Proximity to Manchester city centre
- Turnkey buy-to-let investment
Location
Drayton Street, Manchester, M15, M15 5LL
- Council tax
- Band B (Approx £1,798/year)Manchester's 2026/27 area average, including the typical parish precept for band B. Your bill may differ: single-person and other discounts may apply.
Mortgage and stamp duty
Property price £165,000
£82k £248k
Deposit10% £17,000
£0 £165k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £148,000 mortgage. Most lenders would want a household income of about £33,000 to support it.
A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.
Historic sold prices nearby
HM Land Registry sales in M15 5LL. Floor areas from Energy Performance Certificates where matched.
| Address | Type | Sold | Size | Size | £/sq ft | Price |
|---|---|---|---|---|---|---|
| 16, Drayton Street Flat / maisonette | Flat / maisonette | Oct 2025 | 1,001 sq ft £317/sq ft | 1,001 sq ft | £317 | £317,000 |
| 42, Drayton Street Semi-detached | Semi-detached | Feb 2025 | 990 sq ft £268/sq ft | 990 sq ft | £268 | £265,000 |
| 51, Drayton Street Flat / maisonette | Flat / maisonette | Nov 2024 | 657 sq ft £225/sq ft | 657 sq ft | £225 | £148,000 |
| 43, Drayton Street Flat / maisonette | Flat / maisonette | Nov 2022 | 667 sq ft £277/sq ft | 667 sq ft | £277 | £185,000 |
| 75, Drayton Street Flat / maisonette | Flat / maisonette | Nov 2022 | 667 sq ft £239/sq ft | 667 sq ft | £239 | £159,500 |
| 24, Drayton Street Terraced | Terraced | Feb 2022 | 1,023 sq ft £249/sq ft | 1,023 sq ft | £249 | £255,000 |
| 40, Drayton Street Semi-detached | Semi-detached | Jun 2021 | 1,055 sq ft £242/sq ft | 1,055 sq ft | £242 | £255,000 |
| 71, Drayton Street Flat / maisonette | Flat / maisonette | Feb 2021 | 667 sq ft £216/sq ft | 667 sq ft | £216 | £144,000 |
All sales on Drayton Street → All sold prices in Manchester →
Area insights
The neighbourhood around this property.
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