Sold STC Terraced

116

PARKFIELD STREET, MANCHESTER M14 7PT

2 beds 1 baths 926 sq ft Listed 15 Apr 2026 (-56d)

£210,000

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Property details

Tenure

LEASEHOLD (883 years remaining on lease)

Floor area

86 m²

Council tax band

A

EPC rating

D

Year built

England and Wales: 1900-1929

Price per m²

£2,442/m²

Local average

£374,221 (-43.9%)

Deprivation

Decile 1 (1,692 of 33,755)

Street crime

3 incidents within 1 mile (Apr 2026)

Key features

  • Two Double Bedrooms
  • No Onwards Chain
  • Popular Residential Location
  • Transport Links & Local Amenities
  • Two Reception Rooms

Description

A two-bedroom terraced property situated in the ever-popular area of Fallowfield, presenting an excellent opportunity for first-time buyers or investors. Requiring modernisation throughout, the property offers fantastic potential for those looking to put their own stamp on a home or add value.
The location is particularly appealing, with convenient access to Manchester City Centre via well-connected transport links, including bus routes and nearby road networks. A variety of local shops, supermarkets, cafes, and other everyday amenities are all within easy walking distance, making it a practical and desirable setting.
Internally, the ground floor accommodation comprises an entrance hall leading through to two spacious reception rooms, offering flexible living and dining space. To the rear is the kitchen, which provides access to the enclosed rear yard—ideal for outdoor seating or low-maintenance use.
To the first floor, there are two well-proportioned double bedrooms, both offering ample space for furnishings. The accommodation is completed by a large bathroom, which, like the rest of the property, offers scope for updating and redesign.
Overall, this is a property full of potential in a sought-after location, ideal for buyers looking for a project with strong future value. Early viewing is strongly advised to avoid disappointment.

Listed by

Levenshulme

Edward Mellor Ltd

Reference: 174463592

EPC Rating & Upgrade Cost

Current rating: D

Potential rating: B

Inspection date: 17/12/2019

Current heating cost: £716/year

Potential heating cost: £424/year

Est. upgrade cost to C: £21,075

Recommendations

  • Flat roof or sloping ceiling insulation (£850 - £1,500)
  • 50 mm internal or external wall insulation (£4,000 - £14,000)
  • Floor insulation (suspended floor) (£800 - £1,200)
  • Upgrade heating controls (£350 - £450)
  • Solar water heating (£4,000 - £6,000)
  • Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

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EPC Graphs

EPC epcgraph.co.uk

EPC epcgraph.co.uk

Price history

411% since 2001

Event Date Price % change
Listed for sale £210,000 +75%
Sold 07/12/2018 (7 years ago) £120,000 +410.6%
Sold 19/10/2001 (24 years ago) £23,500

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

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

Address Price Date Type
172 HEALD PLACE, MANCHESTER, GREATER MANCHESTER, M14 5WJ £235,000 18/03/2026 Terraced
1 THORNTON ROAD, MANCHESTER, GREATER MANCHESTER, M14 7NU £270,000 15/12/2025 Terraced
52 LETCHWORTH STREET, MANCHESTER, GREATER MANCHESTER, M14 7PE £155,000 04/12/2025 Terraced
34 BOSCOMBE STREET, MANCHESTER, GREATER MANCHESTER, M14 7PG £208,000 17/11/2025 Terraced
56 THORNTON ROAD, MANCHESTER, GREATER MANCHESTER, M14 7WT £235,000 17/11/2025 Terraced
27 HORTON ROAD, MANCHESTER, GREATER MANCHESTER, M14 7QB £210,000 12/02/2025 Terraced
70 HORTON ROAD, MANCHESTER, GREATER MANCHESTER, M14 7GB £180,000 03/11/2023 Terraced
50 LETCHWORTH STREET, MANCHESTER, GREATER MANCHESTER, M14 7PE £185,000 22/09/2023 Terraced
16 BOSCOMBE STREET, MANCHESTER, GREATER MANCHESTER, M14 7PG £150,000 21/09/2023 Terraced
3 WORTHING STREET, MANCHESTER, GREATER MANCHESTER, M14 7PR £185,000 08/09/2023 Terraced
37 ARNSIDE STREET, MANCHESTER, GREATER MANCHESTER, M14 7PF £175,000 06/09/2023 Terraced
12 THORNTON ROAD, MANCHESTER, GREATER MANCHESTER, M14 7WT £195,000 11/08/2023 Terraced
35 THORNTON ROAD, MANCHESTER, GREATER MANCHESTER, M14 7NU £195,000 02/08/2023 Terraced
42 HORTON ROAD, MANCHESTER, GREATER MANCHESTER, M14 7GB £197,000 21/07/2023 Terraced
106 PLATT LANE, MANCHESTER, GREATER MANCHESTER, M14 5XE £290,000 21/07/2023 Terraced
36 WINCOMBE STREET, MANCHESTER, GREATER MANCHESTER, M14 7PJ £143,500 30/06/2023 Terraced
27 BOSCOMBE STREET, MANCHESTER, GREATER MANCHESTER, M14 7PG £100,000 11/05/2023 Terraced
47 HORTON ROAD, MANCHESTER, GREATER MANCHESTER, M14 7QB £208,000 02/05/2023 Terraced
6 LYNTON STREET, MANCHESTER, GREATER MANCHESTER, M14 7NZ £174,000 11/04/2023 Terraced
158 HEALD PLACE, MANCHESTER, GREATER MANCHESTER, M14 5WJ £217,000 15/02/2023 Terraced
Same street 105 PARKFIELD STREET, MANCHESTER, GREATER MANCHESTER, M14 7PT £189,000 16/12/2022 Terraced
Same street 133 PARKFIELD STREET, MANCHESTER, GREATER MANCHESTER, M14 7PT £190,000 11/11/2022 Terraced
Same street 124 PARKFIELD STREET, MANCHESTER, GREATER MANCHESTER, M14 7PT £190,000 11/11/2022 Terraced
Same street 117 PARKFIELD STREET, MANCHESTER, GREATER MANCHESTER, M14 7PT £167,500 15/10/2021 Terraced
Same street 127 PARKFIELD STREET, MANCHESTER, GREATER MANCHESTER, M14 7PT £177,000 12/08/2021 Terraced

Street average: £182,700 (5 sales)

Area average: £195,375 (20 sales)

Capital growth trend

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

5y growth 51.7%
10y growth 113.2%

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

1y (index) 3.2%
5y (index) 23.3%
10y (index) 85.1%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: B&A PROPERTIES (M-CR) LIMITED (04487075)

Rental Range

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

Low £1,214/mo
Realistic £1,349/mo
Optimistic £1,484/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for East Lancs: £474/mo (Apr 2025 – Mar 2026)

Location

Address

116 Parkfield Street

Nearby

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

Type Name Distance
Shop Dev News 0.0 miles
Shop Mix & Match Stock 0.1 miles
Bus stop Moss Side, Yew Tree Road / opposite Horton Road 0.1 miles
Bus stop Moss Side, Yew Tree Road / near Horton Road 0.1 miles
University University of Manchester 0.2 miles
University Fallowfield Reception and Richmond Amenities Building 0.8 miles
Hospital Manchester University Hospitals (central site) 0.8 miles
Hospital Manchester Royal Infirmary 0.9 miles
Train station Mauldeth Road 1.4 miles
Train station Levenshulme 1.6 miles

Street-level crime

Category Count
Violence and sexual offences 3
Total incidents 3

Within 1 mile during Apr 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
Heald Place Primary School Primary 0.1 miles Good — 8 May 2019
The Divine Mercy Roman Catholic Primary School Primary 0.2 miles Requires improvement — 3 Jul 2024
Claremont Primary School Primary 0.3 miles Good — 21 Nov 2023
Manchester High School for Girls Other 0.4 miles (No rating)
Wilbraham Primary School Primary 0.4 miles Good — 26 Jul 2013

Rental Comparables

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Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.64%
Max investor price (0.8%) £168,625
Target investor price (1%) £134,900
  • 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).