Newton Street, Manchester City Centre, Greater Manchester, M1
By Philip James Manchester
£ 180,000
Reviews
3 out of 5 stars
Philip James Manchester says ..
***INVESTMENT OPPORTUNITY*** Philip James are proud to present this spacious and well-presented two bedroom apartment. Representing an amazing 8.3% yield, this property is the perfect long term investment opportunity for any landlord. The property itself comprises of; ...
Property Oracle says ..
This two-bedroom, two-bathroom apartment in Manchester City Centre presents a compelling proposition, particularly for investors. Its location in the vibrant Piccadilly area offers excellent connectivity via Manchester Piccadilly train station, which is conveniently within walking distance. The Northern Quarter, known for its trendy restaurants, bars, and shops, is also easily accessible, enhancing the property’s desirability. The apartment itself, as shown in the photos, appears well-maintained and modern, featuring a contemporary kitchen and bathrooms. While the images do not provide a comprehensive view of the property, they provide sufficient evidence to suggest that it is generally in good condition. The absence of external spaces, such as a garden, is typical of city centre apartments and should be expected. Overall, the apartment represents a sound investment opportunity within a highly sought-after area of Manchester, with high rental yields given current market conditions. However, prospective buyers should conduct further due diligence and seek professional advice before committing to a purchase. This should include a full inspection of the property to assess its full condition, comparison to other similar properties on the market, and obtaining an independent valuation.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 9
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 536.04
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 344,188.00 £Increased by 14.03 %
- Est sale value
- 294,822.00 £Increased by 48.25 %
- Average area rental value
- 1,585.00 £/moIncreased by 8.19 %
- Est letting value
- 1,072.08 £/moIncreased by 100.00 %
- Est rental Yield
- 5.53 %Decreased by 4.98 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Philip James Manchester created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| New Islington Free School | Free Schools | Outstanding | 0.63 KM |
| King Of Kings | Other Independent School | Good | 0.94 KM |
| The Cooperative College | Miscellaneous | 0.98 KM | |
| St Patrick'S Rc Primary School | Voluntary Aided School | Requires improvement | 1.02 KM |
| Abbott Community Primary School | Community School | Outstanding | 1.05 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Cavell Street | £ 0 | 0 | 0.00 KM |
| Whittles Croft | £ 0 | 0 | 0.00 KM |
| Brock Street | £ 0 | 0 | 0.00 KM |
| Bendix Street | £ 0 | 0 | 0.00 KM |
| Major Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manchester Piccadilly | 2968 | MAN | 0.62 KM |
| Manchester Victoria | 2970 | MCV | 1.35 KM |
| Manchester Oxford Road | 2966 | MCO | 1.54 KM |
| Ardwick | 2960 | ADK | 2.31 KM |
| Deansgate | 2963 | DGT | 2.39 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Newton Street, Manchester City Centre, Greater Manchester, M1 | £ 370,000 | BUY | 5 / 10 | 0.00 KM |
| Newton Street, Manchester City Centre, Greater Manchester, M1 | £ 180,000 | BUY | 6 / 10 | 0.00 KM |
| Newton Street, Manchester, Greater Manchester, M1 | £ 75,000 | BUY | Unknown | 0.00 KM |
| Newton Street, Manchester | £ 195,000 | BUY | 5 / 10 | 0.01 KM |
| Apt 91, Newton Street, Manchester | £ 179,950 | BUY | 8 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 46 Great Ancoats Street | £ 90,000 | 0.08 KM |
| 2a Houldsworth Street | £ 20,000 | 0.26 KM |
| 31 Anita Street | £ 273,000 | 0.30 KM |
| 15 Anita Street | £ 140,000 | 0.30 KM |
| 21 Anita Street | £ 122,000 | 0.30 KM |