RW Invest says ..
High-yielding investment opportunity in desirable Manchester location. This 2-bed apartment is in a fully completed development, and offers a strong 6% return.
Property Oracle says ..
The property is a 2-bedroom, 2-bathroom apartment located in the Deansgate area of Manchester, close to several transport links and universities. The apartment appears modern and well-maintained, based on the provided images. While the plot size is zero, the location in a vibrant city center suggests limited need for extensive outdoor space. The list price of £325,000 is slightly below the average price for the area (£306,296), and considering the modern condition and central location, it could be considered reasonable value. However, a direct comparison to other nearby apartments is difficult due to missing square footage data in the nearby listings. More information on the specific size of the apartment relative to others in the area would allow for a more precise valuation.
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
- 9
- Location
- 9
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Sqft (est)
- 700.00
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
- 377,234.00 £Increased by 17.59 %
- Est sale value
- 351,400.00 £Increased by 46.36 %
- Average area rental value
- 1,954.00 £/moIncreased by 12.69 %
- Est letting value
- 1,400.00 £/moIncreased by 100.00 %
- Est rental Yield
- 6.22 %Decreased by 4.16 %
- Crime Rate
- 0.00 %
Agent Activity
RW Invest created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Manchester Metropolitan University | Higher Education Institutions | Outstanding | 0.36 KM |
| Royal Northern College Of Music | Higher Education Institutions | 0.63 KM | |
| St Philip'S Church Of England Primary School | Voluntary Aided School | Good | 0.89 KM |
| Trinity Cofe High School | Academy Converter | Outstanding | 0.92 KM |
| University Of Manchester | Higher Education Institutions | 0.92 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Holbrook Street | £ 0 | 0 | 0.00 KM |
| McGinty Place | £ 0 | 0 | 0.00 KM |
| Beaver Street | £ 0 | 0 | 0.00 KM |
| Atwood Street | £ 0 | 0 | 0.00 KM |
| Frank Street | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Manchester Oxford Road | 2966 | MCO | 0.34 KM |
| Manchester Piccadilly | 2968 | MAN | 0.96 KM |
| Deansgate | 2963 | DGT | 1.34 KM |
| Manchester Victoria | 2970 | MCV | 1.56 KM |
| Salford Central | 2798 | SFD | 2.04 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Buy to Let Manchester Flat | £ 375,000 | BUY | 6 / 10 | 0.00 KM |
| Buy to Let Manchester Flat | £ 150,000 | BUY | 6 / 10 | 0.00 KM |
| Buy to Let Manchester Flat | £ 169,950 | BUY | 6 / 10 | 0.00 KM |
| Buy to Let Manchester Flat | £ 299,950 | BUY | 6 / 10 | 0.00 KM |
| Buy to Let Manchester Flat | £ 425,000 | BUY | Unknown | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 45 Richmond Street | £ 129,500 | 0.35 KM |
| 43 Richmond Street | £ 290,000 | 0.35 KM |
| 49 Richmond Street | £ 189,950 | 0.35 KM |
| 47 Richmond Street | £ 165,000 | 0.35 KM |
| 15 Conmere Square | £ 97,250 | 0.61 KM |