Apartment 311, Base Apartments, 12 Arundel Street, Manchester, M15 4JP

UPRN:10023045568Purpose Built Flat1 bedsBuilt 2003-2006

LeaseholdCouncil Tax: Band CEPC: C (75)

Data freshness:Listing· freshPrice Paid· freshPlanning· 4mo agoEPC· 6mo agoRisk· 5mo agoConnectivity· 1mo agoAmenities· 1mo agoArea· Census 2021

Apartment 311, Base Apartments, 12 Arundel Street, Manchester, M15 4JP

HP Score

/ 100

Strong

Verdict

2 days ago

Verdict: INVESTIGATE, on a scale of Buy, Investigate, Avoid.
Strong fundamentals; flood risk not assessed

Evidence

20 of 21 sources

Sale Estimate

£161,000

£145k - £177kMedium

Estimate

£161k

Range

£145k – £177k

Rent Estimate (pcm)

£1,150

£1k - £1k

Monthly

£1,150

Yield

11.04%

Verdict

Derived from HomePortfolio scores

Apartment 311 earns an INVESTIGATE rating with HP Score 78/100. Investment score 55/100 reflects moderate fundamentals. Walkability is good (83/100). Flood risk is not assessed: check the Environment Agency long-term flood map before offering. Tenure is leasehold. Every figure here comes from the live HomePortfolio API; anything it does not publish is left out.

Key SourcesEPC RegisterPortal listingsOfcom Connected NationsOfcom mobile coverageMarket estimates (third-party AVM)HM Land Registry sales matched to addressDefra strategic noise mapping, England Round 4 (Contains Defra data © Crown copyright and database right 2023-2024, Open Government Licence v3.0)Walk ScoreONS Census 2021Police.ukHM Land Registry company ownershipHM Land Registry covenantsHM Land Registry leasesHM Land Registry Price PaidPlanIt / council planning portalsOverture Maps PlacesOfsted / DfE GIAS

HP Score

78/ 100

Strong

Investment Score

55/ 100

Moderate

Crime Score

No data

Walkability

83/ 100

High

Transit & Bike

Transit 49Bike 51

Walk Score, out of 100

Opportunity

Why this could be an opportunity

Low confidence1 independent sourceLead to verifyListing checked 2 Nov 2026

This rests largely on a single source. Treat the score as a prompt to investigate, not a conclusion.

Check before relying on this score: the estimate sits 22% above the ask; lead to verify: leasehold with no service charge disclosed - the stress test assumes GBP 0. It ranks after every home whose inputs are verified.

Valuation edge2.5/15
claims [AVM +22.4% (MEDIUM), sold-comps +26.0%, £/sqft +26.2%] → measured edge +0.50pp of the ask; on later-registered sales an AVM discount carried no edge and a sold-evidence gap at most +0.5pp
Market estimate used (MEDIUM confidence) · snapshot 9 Oct 2026
- valuation_snapshotsestimate for 10023045568· as of 9 Oct 2026
- property_comparablessold-evidence family (implied value + £/sqft): 12 comps, dispersion 24%· as of 28 Oct 2026
Rental economics40/40
gross yield 11.0%; range width penalty ×1.00; the estimate this rent rides on sits 22% above the ask - check the rent describes the advertised home
- valuation_snapshotsrent estimate 1150/mo (range 1100-1200)· as of 9 Oct 2026· verify before relying on this
- valuation_snapshotssale estimate 22% above the ask on the same snapshot - verify the rent describes this home· as of 9 Oct 2026· verify before relying on this
Stress margin16.3/30
stressed cash flow +188/mo, +16% of rent (6.75% on a 75% loan; no service charge or ground rent disclosed); passes the stress; leasehold with no service charge disclosed - the stress assumes GBP 0
- underwriting_assumptionscosts not disclosed by the advert· as of 2 Nov 2026· verify before relying on this
Seller motivationNot scored
context, not scored: 0 price cut(s), 62 days on market; homes with a cut sold 0.2-0.3pp further below the cut ask, which is not an edge
- portal_listingsprice_changes + first_published_date· as of 2 Nov 2026
Risk & liquidity12.9/15
218 sales/12mo in area; valuation range width 20%
- property_intelligencetransactions_12mo

4 of 4 components scored. Ranks on gross yield, the stress margin, risk and disclosed facts. A pricing claim earns only its measured edge: today 0 for the market estimate and at most +0.5pp for sold evidence. The score itself is not yet checked against the outcomes of homes it scored.

Economics

What happens to your money

Price sensitivityScores 80+ up to £103,000

£94,000£144,000

The same scorer re-run at hypothetical asking prices, holding rent, comps and listing history constant. Not a prediction of what the seller would accept.

Your assumptions

Purchase price£125,000

At the asking price

Monthly rent£1,150/mo

Evidenced range £1,100-£1,200

Interest rate5.4%

Loan to value75%

Cash required: £38,800
Net cash flow: £374/mo
Cash on cash: 11.6%
Score at this price: 72

After a 8% void allowance, 15% management and 10% maintenance. Lender coverage (rent ÷ interest): 2.73 - clears the usual 1.25 test. These are your assumptions, not evidence: only the pre-filled rent and price come from the record.

Evidence

Where every number comes from

valuation_snapshotsestimate for 10023045568Valuation edge · as of 9 Oct 2026
property_comparablessold-evidence family (implied value + £/sqft): 12 comps, dispersion 24%Valuation edge · as of 28 Oct 2026
valuation_snapshotsrent estimate 1150/mo (range 1100-1200)Rental economics · as of 9 Oct 2026 · verify before relying on this
valuation_snapshotssale estimate 22% above the ask on the same snapshot - verify the rent describes this homeRental economics · as of 9 Oct 2026 · verify before relying on this
underwriting_assumptionscosts not disclosed by the advert

Risks

What could kill this deal

Score confidence is low
largely a single source - treat the number as a prompt, not a conclusion
Rental economics needs verification before you rely on it
rent estimate 1150/mo (range 1100-1200)
Rental economics needs verification before you rely on it
sale estimate 22% above the ask on the same snapshot - verify the rent describes this home

Plan

Before you offer

1. Get two written rental appraisals from local lettings agents.
The market estimate this rent rides on sits far above the asking price, so the rent may describe a different home.
2. Set your walk-away price before viewing - above £103,000 the deal stops scoring well.
Computed by re-running the score at higher prices.
3. Treat the gap to the estimate as unproven - compare recent sold prices on the street yourself before pricing an offer around it.
On later completions, homes listed below their estimate sold at the same share of the asking price as the rest.
4. Commission a full structural survey, not a basic condition report.
The score prices market evidence, not the fabric of the building.

Valuation & Market

Sale Estimate£161,000

Rent Estimate (pcm)£1,150

Gross Yield11.04%

1y Growth-6.2%

3y Growth-12.4%

5y Growth-8.1%

10y Growth+2.9%

Last Sold Price£106,775 (2006-04-11)

View Market Details

Risk Overview

Flood RiskUnknown
SubsidenceLow
RadonLow
MiningUnknown
LandslideLow
Air QualityLow
NoiseModerate

View Full Risk Report

Planning Activity

Recent Apps

0M15 4JP

Approval Rate

-12mo

Development

low

OTH-2026-002115
Non-Material Amendment to Planning Permission 137226/FO/2023 to amend the triggers on Conditions 21 (Phase 1: Material Samples and Specifications), 27 (Phase 1: Radar Mitigation Scheme), (Phase 1: Instrument Flight Procedure Surfaces), 30 (Phase 1: TV Broadband and Radio Reception), 61 (Phase 2: Material Samples and Specifications), 67 (Phase 2: Radar Mitigation Scheme) , 69 (Phase 2: Instrument Flight Procedure Surfaces) and 70 (Phase 2: TV Broadband and Radio Reception).
Pending
120306/VAR/26
Application under Section 73 of the Town and Country Planning Act 1990 (as amended) for variation of condition 2 on planning permission 119398/HHA/26 (Erection of single storey rear extension). To include new roof lantern on the flat roof and bifold to the rear
Pending
OTH-2026-001977
Discharge of conditions 111 (Local Labour Phase D1), 117 (ES Phase D1), 120 (Noise Residential Phase D1) attached to 134039/JO/2022.
Pending

View Planning Timeline

Ownership

Corporate Ownership6.1%
Overseas OwnershipNo
Lease Term Remaining101 yrs
CovenantsRestrictive
Lease TypeLeasehold
Last Ownership Change2006-04-11
SourceLand Registry

View Ownership Details

Connectivity

Broadband (Standard)

6 Mbps

Mobile 4G/5G Coverage

EEThreeO2Vodafone

EV Charger

PTAL Rating

View Connectivity Map

Area Profile

Median EarningsLocal authority£30,067

Population Density22,422 /km²

Owner Occupied23%

Age Distribution

0-15 1%16-64 98%65+ 1%

View Area Profile

Schools Nearby

Crown Street Primary School
0.3 mi
-
St Wilfrid's RC Primary School
0.5 mi
GoodImproving
Old Trafford Community Academy
0.6 mi
Area grades2024
Inspected after Ofsted withdrew the single overall grade.
Primrose Hill Primary School and Children's Centre
0.6 mi
Report card2026
Ofsted no longer awards a single overall grade.

2 of 11 nearby schools with published figures were oversubscribed in 2026 - demand, not a catchment.

View All Schools

Comparables

View All

Base Apartments, 12 Arundel Street
-
£178k
-
Base Apartments, 12 Arundel Street
-
£110k
-
Base Apartments, 12 Arundel Street
-
£203k
-
Base Apartments, 12 Arundel Street
-
£225k
-

Boundary data not available for this property

No registered title polygon, building footprint, or street match for this property yet.

Why: No HMLR INSPIRE / OSM footprint / OS Open USRN match for this UPRN

Source: HM Land Registry INSPIRE / OpenStreetMap / OS Open USRN