2 Penn Street

    2, PENN STREET, MANCHESTER, M40 9NF

    This terraced freehold property on Penn Street last sold in August 2022 for £98,000. Based on price growth in the M40 district since then, its estimated current value is £113,010 — placing it in the 6th percentile nationally and the 8th percentile within M40. The property covers 75 m² (807 sq ft), giving an estimated value of £1,507 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    75 m²

    (807 sq ft)

    Last Sale Price

    £98,000

    Aug 2022

    Estimated Valuation

    £113,010

    Est. £/m²

    £1,507/m²

    £140/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area75 m² (807 sq ft)
    EPC dateMar 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Aug 2022

    £98,000

    4 Feb 2019

    £79,000

    4 Jan 2013

    £55,000

    Key Metrics

    Estimated valuation£113,010
    Value per m² / sq ft£1,507/m² (£140/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M40 district percentile8th percentile
    National percentile6th percentile

    District Context — M40

    M40 covers central and south Manchester, including areas such as Moss Side, Rusholme, and Fallowfield. It is a diverse, densely populated urban district with a significant student and younger working-age population, mixed tenure housing, and a strong services and care sector presence.

    Average Property Price - M40

    £221,093

    18

    National percentile

    Average Net Household Income - M40

    £26,271

    4

    National percentile

    10-Year Annualised Price Growth - M40

    7.4%

    99

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M40

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