Portland Street, Manchester, Greater Manchester, M1
FO

Portland Street, Manchester, Greater Manchester, M1

By Fortem Property

£ 167,500

Reviews

3 out of 5 stars

Fortem Property says ..

This investment apartment on Portland Street, Manchester offers a strong 9% expected yield. With proximity to key transport links, it attracts steady demand from tenants. Manchester's thriving economy and vibrant culture make this a prime opportunity for consistent returns and long-term growth.

Property Oracle says ..

Based on the provided information, the property is a 1-bedroom apartment located in Manchester city centre, close to Piccadilly Station and other amenities. The images show a modern, well-presented apartment with a contemporary design. However, the lack of square footage data makes it difficult to assess the value per square foot and compare it to the market average. The list price of £167,500 is significantly lower than the area average of £323,073, suggesting it might be a good value if the size is comparable to other properties in the area. The proximity to transportation, shops, and universities is a positive aspect, enhancing its location score. The condition of the property appears to be excellent based on the images. However, the absence of information regarding the plot size prevents a comprehensive evaluation of the land aspect.

Therefore, we give this property 7 / 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
3
Bedrooms
1
Bathrooms
1

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 £
Average area rental value
1,585.00 £/mo
Increased by 8.19 %
from 1,465.00 £/mo
Est rental Yield
5.53 %
Decreased by 4.98 %
from 5.82 %
Crime Rate
24.00 %
Unchanged by 0.00 %
from 24.00 %

Agent Activity

  • Fortem Property created the listing.

Nearby Schools

NameTypeOfstedDistance
The Cooperative CollegeMiscellaneous0.82 KM
Abbey College ManchesterOther Independent School0.86 KM
The Manchester Metropolitan UniversityHigher Education InstitutionsOutstanding1.04 KM
Chetham'S School Of MusicOther Independent School1.04 KM
King Of KingsOther Independent SchoolGood1.11 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Major Street £ 000.00 KM
Sackville Street £ 000.00 KM
Cavell Street £ 000.00 KM
Nicholas Street £ 000.00 KM
Birchin Place £ 165,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Piccadilly2968MAN0.67 KM
Manchester Oxford Road2966MCO0.86 KM
Manchester Victoria2970MCV1.11 KM
Deansgate2963DGT1.71 KM
Salford Central2798SFD2.06 KM

Nearby Listings

AddressPriceTypeScoreDistance
Portland Street, Manchester, Greater Manchester, M1 £ 180,000BUY7 / 100.00 KM
Portland Street, Manchester, Greater Manchester, M1 £ 167,500BUY7 / 100.00 KM
Piccadilly Village, M1 £ 295,000BUYUnknown0.16 KM
The Grand, Aytoun Street, Manchester, M1 3DA £ 180,000BUY6 / 100.16 KM
1 Bedroom Apartment, Manchester, M1 £ 190,000BUYUnknown0.17 KM

Nearby Properties

AddressPriceDistance
43 Richmond Street £ 290,0000.34 KM
45 Richmond Street £ 129,5000.34 KM
49 Richmond Street £ 189,9500.34 KM
47 Richmond Street £ 165,0000.34 KM
14 Turner Street £ 365,0000.45 KM