Newton Street, Manchester City Centre, Greater Manchester, M1
Philip James Manchester logo

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 %
from 301,843.00 £
Est sale value
294,822.00 £
Increased by 48.25 %
from 198,870.84 £
Average area rental value
1,585.00 £/mo
Increased by 8.19 %
from 1,465.00 £/mo
Est letting value
1,072.08 £/mo
Increased by 100.00 %
from 536.04 £/mo
Est rental Yield
5.53 %
Decreased by 4.98 %
from 5.82 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Philip James Manchester created the listing.

Nearby Schools

NameTypeOfstedDistance
New Islington Free SchoolFree SchoolsOutstanding0.63 KM
King Of KingsOther Independent SchoolGood0.94 KM
The Cooperative CollegeMiscellaneous0.98 KM
St Patrick'S Rc Primary SchoolVoluntary Aided SchoolRequires improvement1.02 KM
Abbott Community Primary SchoolCommunity SchoolOutstanding1.05 KM

Images

Kitchen Kitchen Balcony Google Maps Image Picture No. 28 Lounge Bedroom En-Suite En-Suite Bedroom Bedroom Bathroom

Nearby Streets

NameAverage PriceAverage SqftDistance
Cavell Street £ 000.00 KM
Whittles Croft £ 000.00 KM
Brock Street £ 000.00 KM
Bendix Street £ 000.00 KM
Major Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Piccadilly2968MAN0.62 KM
Manchester Victoria2970MCV1.35 KM
Manchester Oxford Road2966MCO1.54 KM
Ardwick2960ADK2.31 KM
Deansgate2963DGT2.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
Newton Street, Manchester City Centre, Greater Manchester, M1 £ 370,000BUY5 / 100.00 KM
Newton Street, Manchester City Centre, Greater Manchester, M1 £ 180,000BUY6 / 100.00 KM
Newton Street, Manchester, Greater Manchester, M1 £ 75,000BUYUnknown0.00 KM
Newton Street, Manchester £ 195,000BUY5 / 100.01 KM
Apt 91, Newton Street, Manchester £ 179,950BUY8 / 100.01 KM

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21 Anita Street £ 122,0000.30 KM