Lincoln Gate, 39 Red Bank, Manchester, M4
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Lincoln Gate, 39 Red Bank, Manchester, M4

By Cherry Picked Properties

£ 75,000

Reviews

2 out of 5 stars

Cherry Picked Properties says ..

*CASH BUYERS ONLY* NO SATISFACTORY EWS1 Cherry Picked Properties are please to bring to the market for sale a well situated studio apartment located within the Green Quarter area with a 5-10 minutes walk to the City Centre.

Property Oracle says ..

This listing presents a studio apartment situated within Lincoln Gate in Manchester’s Green Quarter. The property is described as a great investment opportunity and boasts a convenient location close to Manchester Victoria station, offering good transport connections. The apartment itself is compact, with a small kitchenette, a bathroom, and an open-plan living area. The interior decor is modern but neutral and could be enhanced to suit individual preferences. Given the listing requires cash buyers only, there may be some challenges with securing finance if that’s a buyer’s only source of funding. Additional information regarding the building’s EWS1 status would significantly increase transparency for prospective buyers and improve confidence in the property’s overall value.

The proximity to Manchester Victoria station is a significant positive, especially for commuters. The nearby presence of schools also adds to the overall appeal for families or investors targeting the rental market.

However, the lack of outdoor space is a notable downside. The apartment’s size is relatively compact and might not suit those seeking more living space. The requirement for cash buyers may limit the pool of potential buyers. While the photographs suggest a clean and reasonably well-maintained property, some buyers might look for more modern fixtures or finishes. Overall, this studio represents a potential investment opportunity, particularly for cash buyers looking for a central location in Manchester. Further detailed investigation into the property’s condition and building EWS1 certificate status is recommended before making a purchase decision.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
7
Land
1
Bedrooms
0
Bathrooms
1
Sqft (est)
400.00

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
287,800.00 £
Increased by 12.51 %
from 255,795.00 £
Est sale value
166,000.00 £
Increased by 15.28 %
from 144,000.00 £
Average area rental value
1,405.00 £/mo
Increased by 9.94 %
from 1,278.00 £/mo
Est letting value
800.00 £/mo
Increased by 100.00 %
from 400.00 £/mo
Est rental Yield
5.86 %
Decreased by 2.33 %
from 6.00 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Cherry Picked Properties marked this listing as sold.

  • Cherry Picked Properties created the listing.

Nearby Schools

NameTypeOfstedDistance
King Of KingsOther Independent SchoolGood0.34 KM
The Cooperative CollegeMiscellaneous0.56 KM
Chetham'S School Of MusicOther Independent School0.78 KM
St Chad'S Roman Catholic Primary School, A Voluntary AcademyAcademy Sponsor Led0.99 KM
Eden Boys' Leadership Academy, ManchesterFree Schools1.02 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Fern Street £ 000.00 KM
Little Nelson Street £ 000.00 KM
Millow Street £ 202,50000.00 KM
Irk Street £ 392,50000.00 KM
Trinity Way £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Victoria2970MCV0.60 KM
Manchester Piccadilly2968MAN1.79 KM
Manchester Oxford Road2966MCO1.97 KM
Salford Central2798SFD2.00 KM
Deansgate2963DGT2.35 KM

Nearby Listings

AddressPriceTypeScoreDistance
Red Bank, Manchester, Greater Manchester, M4 £ 155,000BUY6 / 100.00 KM
Red Bank, Manchester, Greater Manchester, M4 £ 100,000BUY5 / 100.00 KM
Lincoln Gate, 39 Red Bank, Manchester, M4 £ 95,000BUYUnknown0.00 KM
Lincoln Gate, 39 Red Bank, Manchester, Greater Manchester, M4 £ 140,000BUY5 / 100.00 KM
Lincoln Gate, 39 Red Bank, Manchester, M4 £ 75,000BUY5 / 100.00 KM

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