Princess Street, Manchester, M1
RE

Princess Street, Manchester, M1

By Reeds Rains

£ 350,000

Reviews

4 out of 5 stars

Reeds Rains says ..

A stunning newly renovated 2 double bedroom apartment complete with secure parking space within this prestigious Grade II* Listed converted development in a prime central location. The property consists of hallway leading to the large and bright dual aspect living area and newly-fitted kitchen wi...

Property Oracle says ..

This Manchester apartment is located on Princess Street in the Deansgate area, a vibrant and central location. The proximity to Manchester Oxford Road and Piccadilly train stations, along with other transport links, is a significant advantage for commuters. The presence of universities and schools nearby adds to the area’s appeal, although specific school ratings are not available in the provided data. The lack of plot size information prevents a comprehensive assessment of the land aspect.

Based on the images, the property appears to be in excellent condition, with a modern, recently renovated interior. The kitchen and bathrooms showcase contemporary fixtures and finishes. The overall presentation suggests a high standard of maintenance and upgrades.

Considering the list price of £350,000, the average price in the area (£306,296), and the average price per square foot (£403), the property’s price seems reasonable, although slightly above average. The property’s size (857.88 sqft) is larger than the area average (759 sqft), which could justify the higher price. However, the absence of sqft data for nearby comparable listings limits a more precise price comparison. The lack of information on property specifics like the level of the apartment, views, and amenities makes a definitive statement on value difficult. The property’s modern style and central location are attractive features, potentially justifying a premium compared to other properties in the area. However, the absence of external space (garden or balcony) is a factor to consider for potential buyers.

Therefore, we give this property 8 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
9
Land
0
Bedrooms
2
Bathrooms
2
Sqft (est)
857.88

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
377,234.00 £
Increased by 17.59 %
from 320,811.00 £
Est sale value
430,655.76 £
Increased by 46.36 %
from 294,252.84 £
Average area rental value
1,954.00 £/mo
Increased by 12.69 %
from 1,734.00 £/mo
Est letting value
1,715.76 £/mo
Increased by 100.00 %
from 857.88 £/mo
Est rental Yield
6.22 %
Decreased by 4.16 %
from 6.49 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Reeds Rains created the listing.

Nearby Schools

NameTypeOfstedDistance
The Manchester Metropolitan UniversityHigher Education InstitutionsOutstanding0.52 KM
Royal Northern College Of MusicHigher Education Institutions0.74 KM
Abbey College ManchesterOther Independent School0.96 KM
University Of ManchesterHigher Education Institutions0.97 KM
St Philip'S Church Of England Primary SchoolVoluntary Aided SchoolGood1.05 KM

Images

General Exterior Kitchen Living Area Bedroom 1 Entrance Hall Ensuite Bedroom 2 Bathroom Kitchen Area Living Area Living Area Mezzanine Bedroom 1 Bedroom 2 Living Area Bedroom 1 Kitchen Bedroom 2 Living Area Communal Area Main Entrance Communal Area Living Area Bedroom 1

Nearby Streets

NameAverage PriceAverage SqftDistance
Holbrook Street £ 000.00 KM
McGinty Place £ 000.00 KM
Beaver Street £ 000.00 KM
Atwood Street £ 000.00 KM
Charles Street £ 386,68800.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Oxford Road2966MCO0.45 KM
Manchester Piccadilly2968MAN0.83 KM
Deansgate2963DGT1.44 KM
Manchester Victoria2970MCV1.46 KM
Salford Central2798SFD2.05 KM

Nearby Listings

AddressPriceTypeScoreDistance
Princess Street, Manchester, M1 £ 280,000BUY8 / 100.00 KM
Princess Street, Manchester, M1 £ 250,000BUY5 / 100.00 KM
Princess Street, Manchester, M1 £ 350,000BUY8 / 100.00 KM
Asia House, 82 Princess Street, Manchester £ 240,000BUY5 / 100.01 KM
82 Princess Street, Manchester, M1 £ 290,000BUY8 / 100.01 KM

Nearby Properties

AddressPriceDistance
45 Richmond Street £ 129,5000.19 KM
43 Richmond Street £ 290,0000.19 KM
49 Richmond Street £ 189,9500.19 KM
47 Richmond Street £ 165,0000.19 KM
27 Mancroft Walk £ 170,0000.65 KM