Portland Street, Manchester, Greater Manchester, M1
By Fortem Property
£ 180,000
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 ..
The property is a one-bedroom apartment located in the Piccadilly area of Manchester city centre. This location is a major advantage, offering excellent access to transport links such as Manchester Piccadilly train station and numerous amenities. However, the lack of information regarding the specific size of the property makes a complete assessment difficult. Based on the images provided, the apartment appears to be newly built or recently renovated and is presented to a high standard. The fixtures and fittings look modern and well-maintained, suggesting the property is in excellent condition. There is no evidence to suggest any need for repair or renovation. The absence of plot size data prevents a definitive assessment of the land aspect. The images show the property is situated within a modern apartment building, therefore a private garden is unlikely. The list price of £180,000 is significantly lower than the average price of £323,073 for the area. While the average price per square foot is £458, the lack of square footage data for this property prevents a direct comparison. However, considering the prime location, modern condition, and the relatively lower price compared to similar one-bedroom apartments in the area, the asking price could be considered reasonable, particularly for a buyer prioritizing location and condition. Further investigation into the specific size of the property would be needed to verify this.
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
- 10
- Location
- 10
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 0
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 %
- Average area rental value
- 1,585.00 £/moIncreased by 8.19 %
- Est rental Yield
- 5.53 %Decreased by 4.98 %
- Crime Rate
- 24.00 %Unchanged by 0.00 %
Agent Activity
Fortem Property created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Cooperative College | Miscellaneous | 0.82 KM | |
| Abbey College Manchester | Other Independent School | 0.86 KM | |
| The Manchester Metropolitan University | Higher Education Institutions | Outstanding | 1.04 KM |
| Chetham'S School Of Music | Other Independent School | 1.04 KM | |
| King Of Kings | Other Independent School | Good | 1.11 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Major Street | £ 0 | 0 | 0.00 KM |
| Sackville Street | £ 0 | 0 | 0.00 KM |
| Cavell Street | £ 0 | 0 | 0.00 KM |
| Nicholas Street | £ 0 | 0 | 0.00 KM |
| Birchin Place | £ 165,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manchester Piccadilly | 2968 | MAN | 0.67 KM |
| Manchester Oxford Road | 2966 | MCO | 0.86 KM |
| Manchester Victoria | 2970 | MCV | 1.11 KM |
| Deansgate | 2963 | DGT | 1.71 KM |
| Salford Central | 2798 | SFD | 2.06 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Portland Street, Manchester, Greater Manchester, M1 | £ 167,500 | BUY | 7 / 10 | 0.00 KM |
| Portland Street, Manchester, Greater Manchester, M1 | £ 180,000 | BUY | 7 / 10 | 0.00 KM |
| Piccadilly Village, M1 | £ 295,000 | BUY | Unknown | 0.16 KM |
| The Grand, Aytoun Street, Manchester, M1 3DA | £ 180,000 | BUY | 6 / 10 | 0.16 KM |
| 1 Bedroom Apartment, Manchester, M1 | £ 190,000 | BUY | Unknown | 0.17 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 47 Richmond Street | £ 165,000 | 0.34 KM |
| 45 Richmond Street | £ 129,500 | 0.34 KM |
| 43 Richmond Street | £ 290,000 | 0.34 KM |
| 49 Richmond Street | £ 189,950 | 0.34 KM |
| 14 Turner Street | £ 365,000 | 0.45 KM |