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51-53 Richmond Street, Manchester, Lancashire, M1 3WB - Image 1
51-53 Richmond Street, Manchester, Lancashire, M1 3WB - Image 2
51-53 Richmond Street, Manchester, Lancashire, M1 3WB - Image 3

51-53 Richmond Street, Manchester, Lancashire, M1 3WB

North West

£675,000

Listed on 06/06/2025

The listing

Property details

Bedrooms
N/A
Type
Residential Development

Features

  • Parking

Description

This Grade II listed former textile warehouse, established in the 1860s, presents a rare investment opportunity in the heart of Manchester's city centre. Retaining key period features such as timber floors and cast iron columns, this building offers considerable potential for redevelopment. Currently, the internal layout comprises a mix of unused basement and second floors, with basic storage and some partitioned office spaces on the first floor. The property also includes an accessible yard area from Richmond Street, which could facilitate additional parking or potential expansion. Given its location near Canal Street and surrounded by new residential developments, there are numerous possibilities for conversion into residential units, maintaining commercial use, or developing a live/work scheme—contingent on local planning approvals. Prospective buyers are encouraged to consult with the Manchester City Council regarding their development ideas.

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Map

Location

51-53 Richmond Street, Manchester, Lancashire, M1 3WB
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Finance

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Illustrative repayments based on the asking price, not a mortgage offer.

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Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£2,550
Based on a loan of £506,250 over 30 years at 4.45% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

Tax

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