LINCOLN GATE, 39 REDBANK
Recent sale
£128k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Apartment 707, Lincoln Gate, 39 Red Bank, Manchester, M4 4AD
UPRN:10023046761Flat/Maisonette3 bedsBuilt 2003-2006
LeaseholdCouncil Tax: Band DEPC: C (73)
Data freshness:Listing· freshListing: fresh, refreshed 2d ago (2026-10-21T04:00:02.931607+00:00)Planning· 4mo agoPlanning: stale, refreshed 4mo ago (2026-07-10T08:39:09.678752+00:00)EPC· 5mo agoEPC: stale, refreshed 5mo ago (2026-05-20T10:58:39.129138+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
£193,000
Estimated value
Range: £183k - £202k|Last sold: £175k (2017-09-29)
Estimate of £193k for this flat/maisonette. 289 sales in M4 in the last 12 months; median £228k.
Estimate confidence
High confidence
Value History
Current estimate
£193k
£183k - £202k - High confidence
Annualised (CAGR)
+1.02%
Over the full window
Peak estimate
£216k
Feb 2026
From peak
-10.65%
Drawdown from peak
AVM estimate (model)Repeat-sales index - M4 district (quarterly)index YoY -18.04%
Growth by window
3m
-6.76%
6m
-7.21%
12m
+3.76%
24m
+1.58%
60m
+12.21%
Rental Market
Estimated rent (pcm)
£1,150
/ month
Gross yield
7.08%
Rent ÷ asking price
Net yield
4.91%
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
+97.7%
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
£175k
2017-09-29
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£195,000
- SDLT standard£1,400
- SDLT BTL surcharge (5%)£9,750
- Legal, survey + broker (assumed)£2,100
- RefurbishmentNot costed
- Total Cost (excl. refurb)£208,250
Funding
- Deposit (25%)£48,750
- Mortgage (75% LTV)£146,250
- Interest Rate (assumed)5.25%
- Mortgage TypeInterest Only
- Cash Required£62,000
Monthly Returns
- Monthly Rent (estimate)£1,150
- Mortgage Payment (IO)-£640
- Management (10%)-£115
- Insurance (assumed)-£40
- Maintenance (assumed)-£60
- Monthly Cashflow, before lease costs (not stated)+£295
Capital Returns
- 5yr Property Value£171,286
- 5yr Capital Gain (-2.56% pa, historical)-£23,714
- 5yr Cumulative Rent (net, before lease costs)+£58,640
- Less mortgage interest-£38,400
- 5yr Total Return (before lease costs)-£3,475
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 | £190,008 | £43,758 | +£3,540 | -£1,452 | -2.3% |
| Year 2 | £185,144 | £38,894 | +£7,332 | -£2,524 | -4.1% |
| Year 3 | £180,404 | £34,154 | +£11,370 | -£3,226 | -5.2% |
| Year 4 | £175,786 | £29,536 | +£15,670 | -£3,544 | -5.7% |
| Year 5 | £171,286 | £25,036 | +£20,240 | -£3,475 | -5.6% |
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 (£62,000).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
LINCOLN GATE, 39 REDBANK
Recent sale
£135k
Sale price
£/sqft
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Rent pcm
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Yield
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LINCOLN GATE, 39 REDBANK
Recent sale
£175k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
LINCOLN GATE, 39 REDBANK
Recent sale
£100k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£30,067
Median earnings (local authority)
Signal
1,522
Population
Signal
3.3%
Households Deprived