The Old Bank, Hulme, Manchester, M15
Philip James Manchester logo

The Old Bank, Hulme, Manchester, M15

By Philip James Manchester

£ 175,000

Reviews

3 out of 5 stars

Philip James Manchester says ..

***INVESTMENT OPPORTUNITY*** Philip James Manchester are delighted to offer for sale this 2-bedroom apartment located in the heart of Hulme. This property has a tenant in situ and has a 7.2% yield. It boasts a spacious living area and a well-appointed kitchen. Both bedrooms are generously sized a...

Property Oracle says ..

This two-bedroom apartment in Hulme, Manchester, presents a solid investment opportunity. Its location near Manchester Metropolitan University and good transport links make it attractive to students and commuters. While the apartment is in reasonable condition, there’s potential to increase its value through modernisation. The asking price of £175,000 appears fair, considering the local market and the property’s features. The lack of a garden is a drawback, but the overall package makes it a worthwhile consideration for investors.

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
8
Condition
6
Location
7
Land
3
Bedrooms
2
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
268,192.00 £
Increased by 9.79 %
from 244,276.00 £
Average area rental value
1,437.00 £/mo
Decreased by 10.24 %
from 1,601.00 £/mo
Est rental Yield
6.43 %
Decreased by 18.19 %
from 7.86 %
Crime Rate
2.00 %
Unchanged by 0.00 %
from 2.00 %

Agent Activity

  • Philip James Manchester created the listing.

Nearby Schools

NameTypeOfstedDistance
Martenscroft Nursery School & Children'S CentreLocal Authority Nursery SchoolOutstanding0.28 KM
Martenscroft Nursery School And Sure Start Children'S CentreChildren's Centre0.28 KM
The Manchester Metropolitan UniversityHigher Education InstitutionsOutstanding0.33 KM
St Philip'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.38 KM
Trinity Cofe High SchoolAcademy ConverterOutstanding0.45 KM

Images

External Living Room Living Room Kitchen Bedroom 1 Bedroom 2 Bathroom Google Maps Image Forecast

Nearby Streets

NameAverage PriceAverage SqftDistance
Upper Medlock Street £ 165,00000.00 KM
Medlock Street Junction £ 195,00000.00 KM
Frank Street £ 000.00 KM
Anvil Street £ 239,99500.00 KM
Wakefield Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Oxford Road2966MCO0.60 KM
Deansgate2963DGT1.21 KM
Manchester Piccadilly2968MAN1.54 KM
Manchester Victoria2970MCV2.10 KM
Salford Central2798SFD2.17 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Old Bank, Hulme, Manchester, M15 £ 175,000BUY6 / 100.00 KM
The Old Bank, 71 Boundary Lane, Manchester, M15 £ 175,000BUY5 / 100.00 KM
The Old Bank, 71 Boundary Lane, M15 £ 175,000BUY5 / 100.01 KM
The Old Bank, 71 Boundary Lane, Manchester, M15 £ 185,000BUY6 / 100.01 KM
The Old Bank, 71 Boundary Lane, Manchester, M15 £ 185,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
28 Dalesman Walk £ 148,0000.03 KM
12 Dalesman Walk £ 165,0000.03 KM
18 Dalesman Walk £ 80,0000.03 KM
87 Newcastle Street £ 72,9500.18 KM
85 Newcastle Street £ 71,9500.18 KM