Recent sale
386 DEANSGATE
£134k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Flat 6, 388 Deansgate, Manchester, M3 4LB
UPRN:10023044805Flat/Maisonette bedsBuilt 1996-2002
LeaseholdCouncil Tax: -EPC: C (75)AI-Powered Intelligence
Data freshness:Listing· freshListing: fresh, refreshed 4d ago (2026-09-16T04:00:02.584543+00:00)Price Paid· 2mo agoPrice Paid: ageing, refreshed 2mo ago (2026-08-01T00:05:07.844309+00:00)Planning· freshPlanning: fresh, refreshed 3d ago (2026-09-17T07:03:25.238887+00:00)EPC· 4mo agoEPC: stale, refreshed 4mo ago (2026-05-20T10:58:39.129138+00:00)Risk· 3mo agoRisk: ageing, refreshed 3mo ago (2026-07-04T06:46:22.443816+00:00)Crime· freshCrime: fresh, refreshed today (2026-09-20T01:24:22.764986+00:00)Connectivity· 3mo agoConnectivity: ageing, refreshed 3mo ago (2026-07-04T20:23:28.637306+00:00)Amenities· 3mo agoAmenities: ageing, refreshed 3mo ago (2026-07-05T20:05:00.707256+00:00)Area· Census 2021Area: static reference data (Census 2021); authoritative and does not refresh
AI ValuationFairly ValuedUpdated today
£246,000
Estimated value
Range: £221k - £271k|Last sold: £180k (2010-07-01)
Estimate of £246k for flat/maisonettes in Manchester. 244 transactions in the last 12 months; median £209k.
AI Confidence
-
Medium confidence
Value History
Current estimate
£246k
£221k - £271k - Medium confidence
Annualised (CAGR)
-2.52%
Over the full window
Peak estimate
£305k
Sep 2022
From peak
-19.34%
Drawdown from peak
AVM estimate (model)Repeat-sales index - M3 district (quarterly)index YoY -4.63%
Growth by window
3m
-1.99%
6m
+3.36%
12m
-2.38%
24m
-12.14%
60m
-13.38%
Rental Market
Estimated rent (pcm)
£1,500
/ month
Gross yield
6.55%
Net yield
8.29%
Vacancy trend
12-month change
Tenant profile
Market Metrics
--/
Avg Area Price
£209k
--bed Flat/Maisonette
12m Price Growth
-23.1%
vs UK avg
Days on Market
127d
Area avg
Investment Analysis
Buy-to-let cashflow + capital returns
Purchase
- Asking Price£246,000
- SDLT standard£2,420
- SDLT BTL surcharge (5%)£12,300
- Legal + Survey£15,000
- Refurb (light)£17,220
- Total All-In Cost£292,940
Funding
- Deposit (25%)£61,500
- Mortgage (75% LTV)£184,500
- Interest Rate5.25%
- Mortgage TypeInterest Only
- Cash Required£108,440
Monthly Returns
- Monthly Rent (est)£1,500
- Mortgage Payment (IO)-£807
- Management (10%)-£150
- Insurance-£100
- Maintenance-£103
- Monthly Cashflow+£340
Capital Returns
- 5yr Property Value£217,195
- 5yr Capital Gain (-2.46% pa)+£-28,805
- 5yr Cumulative Rent (net)+£68,820
- Less mortgage interest-£48,420
- 5yr Total Return-£8,405
5-Year Projection
| Year | Property Value | Equity | Cashflow (YTD) | Total Return | ROI |
|---|---|---|---|---|---|
| Year 1 | £239,948 | £55,448 | +£4,080 | -£1,972 | -1.8% |
| Year 2 | £234,046 | £49,546 | +£8,160 | -£3,794 | -3.5% |
| Year 3 | £228,288 | £43,788 | +£12,240 | -£5,472 | -5.0% |
| Year 4 | £222,672 | £38,172 | +£16,320 | -£7,008 | -6.5% |
| Year 5 | £217,195 | £32,695 | +£20,400 | -£8,405 | -7.8% |
Assumes -2.46% pa capital growth (API forecast), 3.0% rental growth, 5.25% IO mortgage held for 5 years, light refurb completed year 0. ROI is on total cash invested (£108,440).
Price Forecast
No forecast available.
Demand & Supply
DemandSupply
Comparable Sales
Recent sale
386 DEANSGATE
£100k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
DEANSGATE QUAY, 386 DEANSGATE
£355k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Recent sale
388 DEANSGATE
£140k
Sale price
£/sqft
-
Rent pcm
-
Yield
-
Area Economic Intelligence
Signal
£36,554
Median Income
Signal
1,025
Population
Signal
0.0 / 100
Deprivation