Flats/Maisonettes 2 sales on record

83 PORCHFIELD SQUARE

MANCHESTER, GREATER MANCHESTER, M3 4FG

£340,000

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Crown Barbers 0.1 miles
Bus stop Deansgate/Sovereign House 0.1 miles
Train station Deansgate 0.2 miles
University Manchester Metropolitan University 0.5 miles
Hospital Salford Gastric Bypass Surgery 1.9 miles

Property details

Tenure

Leasehold

Property type

Flat

Bedrooms

2

Bathrooms

1

Floor area

70 m²

EPC rating

C

Year built

England and Wales: 1991-1995

Last sold

£340,000 Apr 2026

Price per m²

£4,857/m²

Local average

£283,650 (362 sales)

Street crime

7 incidents within 1 mile (Jul 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 11/07/2018

Expiry date: 10/07/2028

Current heating cost: £281/year

Potential heating cost: £266/year

Recommendations

  • Low energy lighting for all fixed outlets (30)
  • Replace boiler with new condensing boiler (3,000)

View full EPC on gov.uk

Price history

Event Date Price Type % change Today’s value (HPI) Action
Sold 17/04/2026 £340,000 Flat +0.6% £346,212 to June 2026 View transaction
Sold 30/11/2018 £338,000 Flat £455,977 to June 2026 View transaction

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address Price Date Type
61 PORCHFIELD SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FG £225,000 16/01/2026 Flat
20 ROZEL SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FQ £325,000 09/01/2026 Flat
13 ROZEL SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FQ £220,000 02/01/2026 Flat
69 ROZEL SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FQ £190,000 10/11/2023 Flat
8 ASHILL WALK, MANCHESTER, GREATER MANCHESTER, M3 4FJ £230,000 06/10/2023 Flat
39 PORCHFIELD SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FG £285,000 19/05/2023 Flat
63 ROZEL SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FQ £235,000 02/12/2022 Flat
15A PORCHFIELD SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FG £220,500 11/11/2022 Flat
51 ROZEL SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FQ £215,000 02/11/2022 Flat
9 PORCHFIELD SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FG £220,000 23/09/2022 Flat
57 PORCHFIELD SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FG £315,000 29/07/2022 Flat
11A PORCHFIELD SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FG £215,000 11/07/2022 Flat
4 ASHILL WALK, MANCHESTER, GREATER MANCHESTER, M3 4FJ £210,000 22/06/2022 Flat
12 ROZEL SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FQ £335,000 15/06/2022 Flat
35 PORCHFIELD SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FG £330,000 17/05/2022 Flat
2 ROZEL SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FQ £275,000 10/01/2022 Flat

Area average: £252,844 (16 sales)

For sale comparables

Active for-sale listings within 1 mile, matched to the same property type and bedroom count.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -9.7%
10y growth 22.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of June 2026.

1y (index) 1.1%
5y (index) 10.9%
10y (index) 57.1%

Rental Range

Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,229/mo
Realistic £1,365/mo
Optimistic £1,502/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for Central Greater Manchester: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Owen St, M15 £2,430/mo 2 0.32 miles OpenRent

Average rent: £2,430/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.71%
Max investor price (0.8%) £303,750
Target investor price (1%) £243,000
Gross yield 8.6%
Cost-to-rent ratio 11.7×
Monthly cashflow £823/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 10%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Registered land (INSPIRE)

This location falls inside an HM Land Registry INSPIRE registered freehold polygon.

Building plot (shared): ~188 m² (0.05 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Street-level crime

Category Count
Violence and sexual offences 6
Public order 1
Total incidents 7

Within 1 mile during Jul 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Abbey College Manchester Other 0.5 miles (No rating)
St Wilfrid's RC Primary School Primary 0.6 miles Good — 25 Jun 2023
St Philip's CofE Primary School Primary 0.6 miles Good — 19 Oct 2023
St Philip's Church of England Primary School Primary 0.6 miles Good — 5 Feb 2014
The Manchester Metropolitan University Other 0.7 miles (No rating)

FENSA

Window and door installation certificates found for this address.

Issued Work completed Windows Doors
08/08/2003 06/01/2003 2