55 HENRY STREET
Recent sale
£380k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Apartment 502, Fairbairn Building, 55 Henry Street, Manchester, M4 5DH
UPRN:10070871063Flat/MaisonetteBeds -Built 2012-2021
LeaseholdCouncil Tax: Band EEPC: C (75)
Data freshness:Listing· freshListing: fresh, refreshed 2d ago (2026-10-21T04:00:02.931607+00:00)Planning· 4mo agoPlanning: stale, refreshed 4mo ago (2026-07-10T08:42:09.274992+00:00)Risk· 2y agoRisk: stale, refreshed 2y ago (2024-12-31T00:00:00+00:00)Amenities· 1mo agoAmenities: ageing, refreshed 1mo ago (2026-09-23T00:00:00+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
Valuation estimateUpdated yesterday
£377,000
Estimated value
Range: £339k - £415k|Last sold: £440k (2014-05-23)
Estimate of £377k for this flat/maisonette. 289 sales in M4 in the last 12 months; median £228k.
Estimate confidence
Medium confidence
Value History
Current estimate
£377k
£339k - £415k - Medium confidence
Annualised (CAGR)
-1.09%
Over the full window
Peak estimate
£450k
Nov 2023
From peak
-16.22%
Drawdown from peak
AVM estimate (model)Repeat-sales index - M4 district (quarterly)index YoY -18.04%
Growth by window
3m
-1.82%
6m
-1.57%
12m
-3.08%
24m
-10.45%
60m
-1.05%
Rental Market
Estimated rent (pcm)
£2,200
/ month
Gross yield
4.59%
Rent ÷ asking price
Net yield
3.17%
Assumes ~31% running costs (not this property's)
Vacancy trend
12-month change
Market Metrics
Median Area Price
£228k
M4 sales, last 12 months
12m Price Growth
-
M4 median, Land Registry
Days on Market
149d
M4 average
Sales & Yield
3 metricsTransactions / 12m
289
M4 sales
Area Gross Yield
6.45%
M4 medians
Last Sold
£440k
2014-05-23
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£575,000
- SDLT standard£18,750
- SDLT BTL surcharge (5%)£28,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£624,600
Funding
- Deposit (25%)£143,750
- Mortgage (75% LTV)£431,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£193,350
Monthly Returns
- Monthly Rent (estimate)£2,200
- Mortgage Payment (IO)-£1,887
- Management (10%)-£220
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)-£7
Capital Returns
- 5yr Property Value£505,073
- 5yr Capital Gain (-2.56% pa, historical)-£69,927
- 5yr Cumulative Rent (net, before lease costs)+£117,659
- Less mortgage interest-£113,220
- 5yr Total Return (before lease costs)-£65,488
Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.
5-Year Projection
| Year | Property Value | Equity | Cashflow (cumulative) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £560,280 | £129,030 | -£84 | -£14,804 | -7.7% |
| Year 2 | £545,937 | £114,687 | +£312 | -£28,751 | -14.9% |
| Year 3 | £531,961 | £100,711 | +£1,187 | -£41,853 | -21.6% |
| Year 4 | £518,343 | £87,093 | +£2,562 | -£54,095 | -28.0% |
| Year 5 | £505,073 | £73,823 | +£4,439 | -£65,488 | -33.9% |
Modelled on the live asking price. Capital growth -2.56% a year is the M4 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£193,350).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
55 HENRY STREET
Recent sale
£345k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
55 HENRY STREET
Recent sale
£260k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
55 HENRY STREET
Recent sale
£380k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£30,067
Median earnings (local authority)
Signal
1,082
Population
Signal
0.3%
Households Deprived