Sold STC Flat

83 PORCHFIELD SQUARE

MANCHESTER, GREATER MANCHESTER M3 4FG

2 beds 1 baths 70 m² Listed 18 Feb 2025 (-571d)

£345,000

Offers Over

Reduced on 26 Mar 2025

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Property photo

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Property details

Tenure

LEASEHOLD (104 years remaining on lease)

Floor area

70 m²

Council tax band

D

EPC rating

C

Last sold

£340,000 Apr 2026

Price per m²

£4,929/m²

Local average

£283,650 (+21.6%)

Deprivation

Decile 7 (23,530 of 33,755)

Street crime

7 incidents within 1 mile (Jul 2026)

Key features

  • Top floor 2-bedroom Penthouse
  • Owner occupiers only (no lettings permitted)
  • Balcony
  • Storage room
  • 2 dedicated parking spaces (private garage, driveway)
  • Beautifully presented throughout
  • Excellent central location
  • Situated in the heart of Deansgate
  • Close to major transport links
  • Bars, restaurants and shops nearby

Additional details

Parking
Garage, Driveway, Residents
Garden
Communal garden
Listed property
No
Restrictions
No
Required access
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

Discover this exquisite top floor Penthouse 2-bedroom apartment nestled in the heart of Deansgate, featuring communal gardens, a garage and driveway, a storage room, and a balcony. Located in the sought-after St Johns Gardens, just off Deansgate, this property is within walking distance of the iconic Beetham Tower.

Inside, you'll find a spacious living and dining area, a well-appointed kitchen with granite worktops, two generous double bedrooms (one with a large built-in double wardrobe), and a bathroom with a walk-in shower, heated towel rail, and underfloor heating.

A standout feature of this city centre gem is the inclusion of 2 dedicated parking spaces in the garage and driveway, visitor parking, and an additional storage room-rare finds in this location. The development also boasts beautifully maintained communal gardens, providing a tranquil space to unwind and relax.

The property's prime location places you within easy reach of vibrant bars, restaurants, and retail outlets. Plus, the Deansgate Castlefield tram stop and train station are just a short stroll away, ensuring convenient travel connections.


Council Tax Band: D (Manchester City Council)
Tenure: Leasehold (104 years)
Service Charge: £2,198 per year
Ground rent - Peppercorn
Service charge includes buildings insurance
The current lease on this apartment has been extended.

Listed by

Manchester

NPP Lettings Ltd

Reference: 158415878

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

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.

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC

EPC

EPC

EPC

FENSA Certificates

This property has 1 FENSA certificate(s) on record, indicating window/door installations by FENSA-approved installers.

FENSA Certificate #542397

Property Details

Street: 83 Porchfield Square

Town: MANCHESTER

Postcode: M3 4FG

Installation Details

Items: 2 windows

Certificate Issued: 08/08/2003

Work Completed: 06/01/2003

This certificate data was retrieved from FENSA's database

What is FENSA? FENSA (Fenestration Self-Assessment Scheme) is a government-authorised scheme that monitors building regulation compliance for replacement windows and doors. Certificates indicate that work was completed by FENSA-approved installers.

Price history

1% since 2018

Event Date Price % change
Sold 17/04/2026 (4 months ago) £340,000 +0.6%
Sold 30/11/2018 (7 years ago) £338,000 —

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
Same street 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
Same street 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
Same street 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
Same street 9 PORCHFIELD SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FG £220,000 23/09/2022 Flat
Same street 57 PORCHFIELD SQUARE, MANCHESTER, GREATER MANCHESTER, M3 4FG £315,000 29/07/2022 Flat
Same street 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
Same street 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

Street average: £258,643 (7 sales)

Area average: £248,333 (9 sales)

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: £873/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View M3 4FG

Nearby

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

Type Name Distance
Bus stop Deansgate/Sovereign House 0.1 miles
Bus stop Deansgate/Tonman St (Stop WN) 0.1 miles
Shop Crown Barbers 0.1 miles
Shop Futon Company 0.1 miles
Train station Deansgate 0.2 miles
Train station Salford Central 0.4 miles
University Manchester Metropolitan University 0.5 miles
University University of Law 0.6 miles
Hospital Salford Gastric Bypass Surgery 1.9 miles
Hospital The Ailsa Craig Medical Practise 2.4 miles

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 0.4 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)

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 0.33 miles OpenRent

Average rent: £2,430/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.7%
Max investor price (0.8%) £303,750
Target investor price (1%) £243,000
Gross yield 8.5%
Cost-to-rent ratio 11.8×
Monthly cashflow £803/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 9.6%
  • 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).
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