Portland Crescent, Manchester, Greater Manchester, M13
TH

Portland Crescent, Manchester, Greater Manchester, M13

By Thornley Groves

£ 1,050,000

Reviews

2 out of 5 stars

Thornley Groves says ..

Rare Freehold Residential Investment opportunity, comprising 8 self contained apartments over 4 floors with the total square footage being 4271 sq ft. The residential accommodation comprises: 1 x studio 6 x 1 beds 1 x 2 bed There is outdoor shared s...

Property Oracle says ..

This property at 9 Portland Crescent, Ardwick, Manchester is a freehold residential investment opportunity comprising eight self-contained apartments across four floors. The total square footage is substantial at 4,271 sq ft, offering a mix of studio, one-bedroom, and two-bedroom units. The exterior of the building, as shown in photos, displays a traditional brick structure that could benefit from some exterior maintenance. The interior of the apartments, as shown in some of the provided photos, is presented in a modern and updated condition with renovated kitchens and bathrooms. However, other images reveal varying levels of finish and furnishing, suggesting some variation in condition. The outdoor area is limited to a shared space and off-street parking, unlike what many would expect for a property of this size. The property’s location in Ardwick offers proximity to Manchester’s city centre, railway stations, and several schools receiving good Ofsted ratings. While Ardwick isn’t necessarily the most sought-after location in Manchester, this multi-unit property’s potential for rental income warrants consideration. The asking price is in line with comparable nearby properties which provides further support that this property is reasonably priced. Overall, this is a sound investment opportunity, but potential buyers should consider the need for ongoing maintenance and the less-than-ideal level of outdoor space.

Therefore, we give this property 5 / 10. Disclamer: This is our opition and does constitute a recommendation or financial advice. Do your own research.

Price
7
Condition
7
Location
6
Land
3
Bedrooms
9
Bathrooms
8
Sqft (est)
4,271.12

Metrics

Area value Growth
71,897
Increased by 12%
from 70,946
Rental Yield Growth
24.57%
Decreased by 4.05%
from 28.62%

Agent Activity

  • Thornley Groves created the listing.

Nearby Schools

NameTypeOfstedDistance
Plymouth Grove Primary SchoolCommunity SchoolGood0.10 KM
St Joseph'S Rc Primary School ManchesterVoluntary Aided SchoolGood0.31 KM
Dean Trust ArdwickAcademy Sponsor LedGood0.38 KM
St Luke'S Cofe Primary SchoolVoluntary Controlled SchoolGood0.42 KM
St John'S Cofe Primary SchoolVoluntary Controlled SchoolGood0.68 KM

Images

Picture No. 03 Picture No. 08 Picture No. 06 Picture No. 09 Picture No. 10 Picture No. 17 Picture No. 15 Picture No. 16 Picture No. 11 Picture No. 12 Picture No. 18 Picture No. 07 Picture No. 19 Picture No. 05 Picture No. 22 Picture No. 21 Picture No. 14 Picture No. 04 Picture No. 02 Picture No. 23

Nearby Streets

NameAverage PriceAverage SqftDistance
Martindale Crescent £ 250,00000.00 KM
Lincoln Street £ 000.00 KM
Whixall Avenue £ 265,00000.00 KM
Oxford Place £ 165,00000.00 KM
Dagenham Road £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Ardwick2960ADK1.21 KM
Ashburys2941ABY2.25 KM
Levenshulme2862LVM2.79 KM
Manchester Piccadilly2968MAN2.83 KM
Mauldeth Road2867MAU3.09 KM

Nearby Listings

AddressPriceScoreDistance
Portland Crescent, Manchester, Greater Manchester, M13 £ 1,050,0005 / 100.00 KM
Portland Crescent, Manchester, Greater Manchester, M13 £ 1,100,0005 / 100.09 KM
Walcott Close, Manchester, M13 £ 325,000Unknown0.21 KM
Drybrook Close, Longsight, Manchester £ 230,0005 / 100.24 KM
Stockport Road, Longsight £ 310,0006 / 100.27 KM

Nearby Properties

AddressPriceDistance
25 Portland Crescent £ 275,0000.11 KM
48 Richmond Grove £ 50,0000.13 KM
46 Richmond Grove £ 35,0000.13 KM
70 Richmond Grove £ 188,0000.13 KM
78 Richmond Grove £ 196,0000.13 KM