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2 bed flat for sale Princess Street, Manchester, M1

Asking Price

£280,000

Reduced on 03/10/2026

Type: Flat
Bedrooms: 2
Bathrooms: 1
Tenure: Ask agent

Key features

First-Time Buyers Welcome
Ideal Investment Opportunity
Turn-Key Ready
Fully Renovated Throughout
Prime City Centre Location
Stunning Period Conversion
Character Features Including Steel Beams
Spacious & Flexible Living Accommodation
Two Generous Double Bedrooms
Offered with Vacant Possession

About this property

Currently generating £2,833 providing a 12.1% Yield. Positioned within a sought-after and impressive period conversion in the heart of the City Centre, this beautifully presented, fully renovated two-bedroom apartment offers easy access to a vast array of amenities. Boasting a wealth of original features including exposed brickwork, steel pillars and beams, and large original windows, the property is flooded with natural light and perfectly blends character with modern living.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,541
Band B

£1,798
Band C

£2,055
Band D

£2,312
Band E

£2,826
Band F

£3,340
Band G

£3,853
Band H

£4,624

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Manchester, 2026/27 bills run from £1,541 a year in band A to £4,624 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Manchester, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Property timeline

Reduced

October 2026 £280,000

Was £300,000
Listed

September 2026 £300,000

2 beds · 1 bath · this listing

Past sales can't be shown: the agent hasn't given the flat number.

Price guide

100 comparables · within 0.6 miles

Priced above 62% of the 2-bed flats for sale nearby right now.

This home, £280,000 Median £250,000 · £190,000 – £398,100

Compared with 100 2-bed flats for sale within 0.6 miles, on the market now or already under offer. The range is the middle 80% of their asking prices.

Location

Princess Street, Manchester, M1

Open map Street View

Mortgage and stamp duty

Property price £280,000

£140k £420k

Deposit10% £28,000

£0 £280k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £252,000 mortgage. Most lenders would want a household income of about £56,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
Flat 6, 48, Princess Street Flat / maisonette	Flat / maisonette	Apr 2026	635 sq ft £189/sq ft	635 sq ft	£189	£120,000
Flat 31, 48, Princess Street Flat / maisonette	Flat / maisonette	Mar 2026	667 sq ft £315/sq ft	667 sq ft	£315	£210,000
Flat 16, 50, Princess Street Flat / maisonette	Flat / maisonette	Aug 2024	861 sq ft £265/sq ft	861 sq ft	£265	£228,000
Flat 22, 48, Princess Street Flat / maisonette	Flat / maisonette	May 2022	667 sq ft £349/sq ft	667 sq ft	£349	£233,000
Flat 34, 48, Princess Street Flat / maisonette	Flat / maisonette	Apr 2022	657 sq ft £335/sq ft	657 sq ft	£335	£220,000
Flat 18, 50, Princess Street Flat / maisonette	Flat / maisonette	Jul 2021	807 sq ft £420/sq ft	807 sq ft	£420	£339,000
Flat 4, 50, Princess Street Flat / maisonette	Flat / maisonette	Jun 2021	624 sq ft £416/sq ft	624 sq ft	£416	£260,000
Flat 10, 50, Princess Street Flat / maisonette	Flat / maisonette	Mar 2020	743 sq ft £343/sq ft	743 sq ft	£343	£255,000