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Rothmore Property
Manchester One, 53 Portland Street, Manchester
0161 506 2781
Manchester One, 53 Portland Street, Manchester
0161 506 2781
First Published
2nd Jun 2022
Last Published
7th Dec 2022
Features
- Type: Flat
- Bedrooms: 3
- Listing status: sale
- Country: England
Description
Investment opportunity - 25% DepositQ2 2024
0.1% ground rent
gym and 24-hour concierge
6.5% Returns
This development is situated in one of manchester largest regeneration zones ( Piccadilly east ). The site comprising of 177 units sits within the Manchester Piccadilly HS2 Strategic Regeneration Framework and Portugal Street East srf Area. Located in the new Piccadilly Central / East district and adjacent to the popular Ancoats and New Islington neighbourhoods. Close to Piccadilly Train Station and the Northern Quarter.
Development:
● 177 premium one, two and three-bedroom apartments
● 25 storeys ( 127 metres )
● State-of-the-art gymnasium
● Premium live & work lounge
● Rooftop terrace
● Residents lounge
● Picturesque community park on the ground level of the building
● Ground-level retail space and potential food and beverage space
● Cycle Storage
Local info for M1
Property Value Data/Graphs for M1
| Property Type | % | Avg. current value | Avg. # beds | Avg. # bathrooms |
|---|---|---|---|---|
| Flat | 91.5% | £223,020 | 1.6 | 1.2 |
| Studio | 4.1% | £168,709 | 0 | 0.9 |
| Town house | 2.6% | £317,778 | 2 | 2 |
| Other | 1.2% | £348,749 | 2.3 | 1.5 |
| Terraced house | 0.3% | £325,000 | 2 | 1 |
| Block of flats | 0.3% | £780,000 | 0 | 0 |
Area Information
Average Price Paid
£215,929
Sales
1446
Current Average Value
£226,688
Value Change
£10,759 5%
Current Asking Prices in M1 Average: £226,688
| Property Type | 1 Bed | 2 Beds | 3 Beds | 4 Beds | 5 Beds |
|---|---|---|---|---|---|
| Houses | - | £325,384 (13) | £350,000 (1) | - | - |
| Flats | £176,484 (137) | £255,731 (156) | £286,644 (20) | - | - |
| All | £176,484 (137) | £261,089 (169) | £289,661 (21) | - | - |
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