Portland Crescent, Manchester, Greater Manchester, M13
By Lomond Investment Management
£ 1,100,000
Reviews
2 out of 5 stars
Lomond Investment Management says ..
Freehold Residential Investment opportunity, comprising 8 self contained apartments over 4 floors (4,271 sq ft). The residential accommodation comprises: 1 x studio 6 x 1 beds 1 x 2 bed There is outdoor shared space along with off street car parking.
Property Oracle says ..
This property in Ardwick, Manchester, is presented as a residential investment opportunity comprising eight self-contained apartments across four floors. The total area is significant at approximately 4,271 sq ft, offering a substantial rental income potential. The interior appears relatively modern and well-maintained in the provided photographs, although some minor upgrades may enhance its appeal to tenants. The exterior is in satisfactory condition, although some external landscaping could enhance the overall presentation. The location in Ardwick offers good transport links to Manchester city centre and several well-regarded schools within reasonable proximity. However, Ardwick is not regarded as a top-tier residential area in Manchester, which might affect the rental yields and the ease of filling vacancies. The property’s lack of extensive private land and the absence of detailed pricing per sq ft for comparable properties make it challenging to definitively assess its value. The listed price is high, however given similar listings nearby it does sit within reasonable range. Therefore, the overall value proposition hinges significantly on its suitability for the investment market. Careful due diligence on rental market dynamics and anticipated maintenance costs is crucial for prospective buyers to accurately gauge the ROI and long-term financial viability.
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
- 3
- Bedrooms
- 9
- Bathrooms
- 8
- Sqft (est)
- 4,271.40
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The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics YoY
- Area value
- 100 £
- Rental value
- 20 £
- Rental Yield
- 20 %
- Crime Rate
- 0 %
Agent Activity
Lomond Investment Management created the listing.
Nearby Schools
Name | Type | Ofsted | Distance |
---|---|---|---|
Plymouth Grove Primary School | Community School | Good | 0.17 KM |
St Joseph'S Rc Primary School Manchester | Voluntary Aided School | Good | 0.38 KM |
Dean Trust Ardwick | Academy Sponsor Led | Good | 0.47 KM |
St Luke'S Cofe Primary School | Voluntary Controlled School | Good | 0.49 KM |
St John'S Cofe Primary School | Voluntary Controlled School | Good | 0.75 KM |
Images
Nearby Streets
Name | Average Price | Average Sqft | Distance |
---|---|---|---|
Martindale Crescent | £ 250,000 | 0 | 0.00 KM |
Lincoln Street | £ 0 | 0 | 0.00 KM |
Oxford Place | £ 165,000 | 0 | 0.00 KM |
Whixall Avenue | £ 265,000 | 0 | 0.00 KM |
Dagenham Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
Name | NLC | TLC | Distance |
---|---|---|---|
Ardwick | 2960 | ADK | 1.23 KM |
Ashburys | 2941 | ABY | 2.34 KM |
Manchester Piccadilly | 2968 | MAN | 2.79 KM |
Levenshulme | 2862 | LVM | 2.83 KM |
Mauldeth Road | 2867 | MAU | 3.06 KM |
Nearby Listings
Address | Price | Type | Score | Distance |
---|---|---|---|---|
Portland Crescent, Manchester, Greater Manchester, M13 | £ 1,100,000 | BUY | 5 / 10 | 0.00 KM |
Hathersage Road, Manchester, Greater Manchester, M13 | £ 140,000 | BUY | 6 / 10 | 0.22 KM |
Walcott Close, Manchester, M13 | £ 325,000 | BUY | Unknown | 0.23 KM |
Plymouth Grove, Manchester, Greater Manchester, M13 | £ 2,100,000 | BUY | 4 / 10 | 0.29 KM |
Drybrook Close, Longsight, Manchester | £ 230,000 | BUY | 5 / 10 | 0.31 KM |
Nearby Properties
Address | Price | Distance |
---|---|---|
25 Portland Crescent | £ 275,000 | 0.02 KM |
46 Richmond Grove | £ 35,000 | 0.04 KM |
48 Richmond Grove | £ 50,000 | 0.04 KM |
70 Richmond Grove | £ 188,000 | 0.04 KM |
52 Richmond Grove | £ 58,000 | 0.04 KM |