For sale Flat

Portland House

103A Portland Street, Manchester, M1, M1 6DF

2 beds 3 baths Listed 16 Oct 2026 (-6d)

£231,250

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Living Area Living Area Living Area Living Area Living Area Hallway Bedroom Bedroom Bathroom Bedroom Bathroom Bathroom External

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Property details

Tenure

LEASEHOLD

Council tax band

C

Local average

£267,488 (-13.5%)

Deprivation

Decile 4 (11,026 of 33,755)

Street crime

2 incidents within 1 mile (Aug 2026)

Key features

  • Two bedrooms
  • Three bathrooms
  • Modern interior, character filled building
  • Central Manchester location
  • M1 postcode
  • EPC Rating = E

Description

*Owner occupiers and investors welcome, vacant possession and beautifully presented*
Stunning two double bedroom apartment set in the desirably located Portland House.

Description

*Owner occupiers and investors welcome, vacant possession and beautifully presented*

We are delighted to present this stunning two double bedroom apartment in the beautiful Grade II Listed period conversion, Portland House.

Constructed in 1887, Portland House is a stunning Grade II listed building ideally located in central Manchester with a desirable M1 postcode. Occupants will be sure to benefit from the variety of transport links, shopping, bars and restaurants available in the city.

Boasting a full modern fit out throughout, occupants are sure to enjoy the character features of the building, intertwined with a modern interior.

Briefly the apartment comprises of a substantial entrance hall in which all primary rooms are accessed from. There are two well-sized double bedrooms that both enjoy en suite shower rooms. Additionally there is a main bathroom that benefits from a separate shower and bath facility.

The living and kitchen is an open plan design, boasting high ceilings and ample light throughout via the large windows. Further, there are two cupboards off the entrance hall, perfect for storage needs.

Owner occupiers are welcome to enquire, with vacant possession available.

Marketing photography taken September 2021.

Location

Portland House sits in a prime M1 location in the very heart of Manchester City Centre. Oxford Road Station is directly opposite the entrance and circa 0.3m away allowing quick and easy access to train and tram links around Manchester.

HOME Manchester is also situated nearby (0.5m) and the Arndale Centre (0.5) which provides an array of entertainment, food and beverage options within easy reach.

For sport and entertainment venues, Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 2.8m and 2.0m away respectively.

The Manchester Velodrome, part of the National Cycling Centre is also 2.7m distance, whilst Manchester tennis and racquet club also offers superb options for a variety of racket sports, including tennis, padel and squash to name a few, and is located only 1.6m distance.

For cultural activities, residents are only circa 0.2m from the Palace Theatre, in addition to being 0.5m from Deansgate where you'll find an excellent choice of independent bars, restaurants and music choices.

Please note, all distances provided are approximate.

Square Footage: 871 sq ft
Leasehold with approximately 117 years remaining.


Additional Info

Ground rent is due to review in 2043, 2068, 2093 and 2118. We are advised the ground rent will increase on these dates by an additional £75 per annum.

Listed by

Manchester

Savills

Reference: 94391040

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): ~415 m² (0.10 acres) (area is for the building, not the flat)

Source: HM Land Registry INSPIRE Index Polygons.

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

Event Date Price % change
Listed for sale — £231,250 —

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
48 FLAT 31 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6HR £210,000 30/03/2026 Flat
50 FLAT 16 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6HR £228,000 16/08/2024 Flat
30 APARTMENT 7 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 4DA £225,000 10/03/2023 Flat
2 FLAT 16 HARTER STREET, MANCHESTER, GREATER MANCHESTER, M1 6HY £310,000 03/02/2023 Flat
50 FLAT 19 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6HR £400,000 01/11/2022 Flat
PORTLAND HOUSE, 103A FLAT 14 PORTLAND STREET, MANCHESTER, GREATER MANCHESTER, M1 6DF £185,000 29/09/2022 Flat
30 APARTMENT 30 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 4DA £305,000 20/07/2022 Flat
CHINA HOUSE, 14 FLAT 20 HARTER STREET, MANCHESTER, GREATER MANCHESTER, M1 6HP £163,000 27/06/2022 Flat
30 APARTMENT 27 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 4DA £305,000 01/06/2022 Flat
48 FLAT 22 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6HR £233,000 24/05/2022 Flat
2 FLAT 6 HARTER STREET, MANCHESTER, GREATER MANCHESTER, M1 6HY £237,000 20/05/2022 Flat
2 FLAT 22 HARTER STREET, MANCHESTER, GREATER MANCHESTER, M1 6HY £310,000 04/05/2022 Flat
48 FLAT 34 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6HR £220,000 29/04/2022 Flat
50 FLAT 11 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6HR £169,000 18/03/2022 Flat
59 - 61 FAULKNER STREET, MANCHESTER, GREATER MANCHESTER, M1 4FF £650,000 03/03/2022 Flat
30 APARTMENT 26 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 4DA £285,000 16/02/2022 Flat
50 FLAT 7 PRINCESS STREET, MANCHESTER, GREATER MANCHESTER, M1 6HR £157,000 18/01/2022 Flat
PORTLAND HOUSE, 103A FLAT 3 PORTLAND STREET, MANCHESTER, GREATER MANCHESTER, M1 6DF £240,000 05/11/2021 Flat
PORTLAND HOUSE, 103A FLAT 3 PORTLAND STREET, MANCHESTER, GREATER MANCHESTER, M1 6DF £240,000 05/11/2021 Flat
PORTLAND HOUSE, 103A FLAT 2 PORTLAND STREET, MANCHESTER, GREATER MANCHESTER, M1 6DF £185,000 05/11/2021 Flat

Area average: £262,850 (20 sales)

Capital growth trend

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

5y growth 6.4%
10y growth 45.4%

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

1y (index) -0.9%
5y (index) 12.1%
10y (index) 56.7%

Rental Range

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

Low £1,236/mo
Realistic £1,373/mo
Optimistic £1,510/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for West Pennine: £449/mo (Apr 2025 – Mar 2026)

Location

Address

103a Portland Street

Nearby

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

Type Name Distance
Bus stop Manchester City Centre, Princess Street / Major Street (Stop SL) 0.0 miles
Bus stop Manchester City Centre, Portland Street / near Dickinson Street 0.0 miles
Shop Top Thai Massage 0.0 miles
Shop Salon 2001 0.0 miles
University Manchester Metropolitan University 0.1 miles
University UCEN Manchester (Shena Simon Campus) 0.2 miles
Train station Manchester Oxford Road 0.3 miles
Train station Manchester Piccadilly 0.4 miles
Hospital The Ailsa Craig Medical Practise 2.0 miles
Hospital Shiv Lodge Medical Centre 2.1 miles

Street-level crime

Category Count
Criminal damage and arson 1
Violence and sexual offences 1
Total incidents 2

Within 1 mile during Aug 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 0.3 miles — (No rating)
The Manchester Metropolitan University Other 0.5 miles — (No rating)
Royal Northern College of Music Other 0.6 miles — (No rating)
St Philip's Church of England Primary School Primary 0.6 miles Good — 5 Feb 2014
Chetham's School of Music Other 0.6 miles — (No rating)

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, Cambridge Street, M1 £3,060/mo 2 0.3 miles OpenRent
2 Bed Flat, Cambridge Street, M1 £1,550/mo 2 0.36 miles OpenRent

Average rent: £2,305/mo (2 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 1%
Max investor price (0.8%) £288,125
Target investor price (1%) £230,500
Gross yield 12%
Cost-to-rent ratio 8.4×
Monthly cashflow £1,139/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 20.4%
  • 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).