The Hulme Hippodrome, 59–63 Warwick Street, Hulme, Manchester, M15 5EU
North West
£895,000Guide Price
Listed on 03/11/2026
Listed on 03/11/2026
The listing
Property details
Bedrooms
N/AType
Industrial DevelopmentDescription
Offered at auction, the Grade II listed Hulme Hippodrome is a substantial former theatre dating from 1901. Its past uses include a cinema, BBC television studio and bingo hall. The building includes a main auditorium with ornate plasterwork and balconies, together with smaller rooms across ground, first-floor and basement levels. The property is vacant and requires significant refurbishment. Only part of the ground floor was inspected by the selling agent due to safety concerns.
A feasibility study prepared in December 2025 considers possible uses including residential accommodation, creative studios, exhibition space and community facilities, with options for up to 40 apartments. Any redevelopment would be subject to the necessary planning and Listed Building consents, and feasibility would need to be independently assessed. The property is in Hulme, around one mile south of Manchester city centre, with nearby universities, local amenities and connections to Deansgate and Manchester Oxford Road stations.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
36out of 100
Grade ELow opportunity
Confidence: LOW
The Hulme Hippodrome is a landmark-scale, Grade II listed project rather than a conventional house renovation. Its derelict auditorium, debris, neglected finishes and apparent local ceiling damage point to a heavy, specialist-led rebuild; the ornate balconies and Rococo plasterwork offer a distinctive basis for a conservation-led revival. A feasibility study explores residential, creative, exhibition and community uses, but no consent is established, and the building’s condition and potential require specialist assessment.
The score is 36/100 (E), reflecting limited investability and insufficient data to assess renovation economics. Floor area is missing, so value against local £/sqf cannot yet be judged. The £895,000 guide price is for an online auction; bidding can take the hammer above the guide, so the eventual price may not stay this cheap.
Key opportunities
- Reimagine the substantial multi-storey building around its auditorium and smaller spaces, with the feasibility study providing ideas for residential, creative, exhibition or community uses; any scheme remains subject to consent.
- Explore conservation-led repair of the surviving ornate balconies, Rococo plasterwork and historic detailing, which give the project a distinctive character.
- The prominent brick building and street presence offer scope to restore a notable local landmark.
Key risks
- Derelict interiors, extensive debris and apparent local ceiling damage mean a heavy, specialist-led full rebuild and a substantial programme, not a cosmetic refresh.
- Grade II listed status brings specialist conservation requirements and the need for Listed Building consent; the feasibility study does not establish permission for a proposed use.
- Exterior weathering, graffiti and vegetation are visible on parts of the building; roof condition is not established and should be investigated.
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Map
Location
The Hulme Hippodrome, 59–63 Warwick Street, Hulme, Manchester, M15 5EU
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Transport
Nearest stations
Deansgate Rail Station
0.7 miles
Train · Manchester City Centre
Deansgate-Castlefield (Manchester Metrolink)
0.7 miles
Tram · Manchester City Centre
Manchester Oxford Road Rail Station
0.8 miles
Train · Manchester City Centre
Cornbrook (Manchester Metrolink)
0.8 miles
Tram · Cornbrook
Contains public sector information from NaPTAN (DfT) licensed under the Open Government Licence v3.0.
Finance
Mortgage calculator
Illustrative repayments based on the asking price, not a mortgage offer.
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Current average 2-year fixed rate is 5.13%
Current average variable rate is 6.58%
Monthly Repayments
£3,657
Based on a loan of £671,250 over 30 years at 5.13% 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.
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