Manchester city centre has a lot of beautiful property, but rows of historic townhouses are extremely thin on the ground.
In fact, the neat road of St John Street is the only remaining Georgian terraced street in the centre of Manchester, dating all the way back to around 1785.
For generations, these stunning buildings have been used as offices, but in recent years they’ve carefully been returned to their former glory as four-storey homes.
And now they’re popping up on the local property market, with a couple of the houses up for rent.
They don’t come cheap, unsurprisingly, given a) their location just off Deansgate, b) the high-spec refurb they’ve all gone through and c) the fact that houses in Manchester city centre are practically non-existent.
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One of the Georgian houses on St John Street is currently on the market to rent for £15,000 per month.
Another is listed at £10,000 per month. Right.
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The Georgian townhouses on St John Street, Manchester. Credit: RightmoveSt John Street, Manchester. Credit: Wikimedia CommonsThe Georgian townhouses on St John Street, Manchester. Credit: Rightmove
They’re among the most expensive rental homes in the city currently, beaten only by the penthouse apartments in Beetham Tower and the Century Buildings.
For the top whack, you’ll get three bedrooms, three bathrooms, four reception rooms and around 3,000 sq ft of home.
The four-storey layout includes an entertainment room and bar in the basement, a huge kitchen and living spaces on the ground floor, a first-floor master bedroom with massive en suite and walk-in wardrobe, then another floor of bedrooms or office space.
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The Georgian townhouses on St John Street, Manchester. Credit: RightmoveThe Georgian townhouses on St John Street, Manchester. Credit: Rightmove
The more expensive of the two homes is currently undergoing its renovation, so pictures from a neighbouring home – finished to the same spec – are being used online instead.
Reside Manchester, who are marketing the Georgian rental townhouse, say: “The townhouse has been restored and renovated to its former glory, by utilising the highest of specification available, to include marble cloud tiling with underfloor heating to hallway and kitchen areas.
“The bespoke contemporary kitchen has been designed by Stuart Frazer and retains original fireplaces within the contemporary new kitchen.”
The listing continued: “The townhouse is furnished to the very highest of standards with no expense spared on the fixtures and fittings throughout the home.
“The basement level adds an extra dimension to the townhouse, having been beautifully converted to add a further entertaining area with bespoke bar, utility room and wine cellar.”
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You can see more about this amazing house, currently listed for rent at £15,000 a month, at Rightmove here.
Featured image: Rightmove
Property
Renting is now cheaper than buying across much of the UK – but not in one Greater Manchester area
Emily Sergeant
New statistics have revealed that renting a property is now cheaper than buying one across much of the UK.
But in one popular Greater Manchester area, it still remains the other way around.
According to leading property platform Rightmove, which has analysed the latest price data, the average monthly rent in Great Britain is now lower than a typical new mortgage payment – with the average advertised monthly rent nationwide being £1,547 and a new mortgage on a typical home currently costing around £1,670 a month.
This means that renters, for the first time since June 2025, are coming out £123 a month better off than buyers.
Rightmove says that, to arrive at that figure, it used the current average asking price of £373,971, paired with the average two-year fixed rate of 5.35% recorded so far in April, and with calculations assuming a 20% deposit and a 30-year term.
So, what has changed then? Well, the simple answer is that mortgage rates have gone up.
Renting a home is now cheaper than buying one across much of the UK / Credit: Benjamin Elliott (via Unsplash)
The average two-year fixed rate sat at 4.24% in February, but by April, it had climbed to 5.35%, and unfortunately, that increase is enough to push a new buyer’s monthly payment above what many people are currently paying in rent.
The national picture does not tell the whole story though, however, as there are real differences from one part of the country to another, largely driven by local property prices.
As mentioned earlier, there is one popular Greater Manchester residential area where buying is still cheaper than renting overall, according to the latest data – and that is Salford.
In Salford, the average asking price of a property is £245,478 with an average monthly mortgage repayment being £1,096, whereas the average monthly rent sits at £1,323, so this means that a +£277 difference.
Rightmove property experts say Salford is helped by ‘more affordable’ property prices keeping borrowing costs ‘in check’.
“Mortgage payments have risen quite sharply in a short space of time for new buyers,” commented Rightmove property expert, Colleen Babcock.
“It will be interesting to see whether more would-be buyers turn to renting temporarily while rates remain high, particularly when monthly costs can exceed average rents and the timing of rate cuts is still unclear.”
Featured Image – Shvets Production (via Pexels)
Property
UK’s biggest property show is coming to Manchester and needs house hunters for new series
Emily Sergeant
Are you looking to move but finding the house hunting process a lot harder than you thought it would be?
Well, this could be the helping hand you need.
The UK’s biggest property show, Location, Location, Location – which has been a fixture in Channel 4’s schedule for more than 20 years at this point – is looking for house hunters from across Manchester for the new series.
First airing all the way back in 2000, if you’ve never seen Location, Location, Location, it’s fronted by presenters and property experts Kirstie Allsopp and Phil Spencer who head all across the UK to help buyers in search for their dream home.
Despite being on our TV screens for 26 years at this point, Kirstie and Phil have never tired in their efforts to match the nation’s hopeful house hunters with their perfect home.
For its next series being filmed this May, Channel 4 are now looking for individuals, families, and couples from Greater Manchester who need Kirstie and Phil’s expertise to find their next home.
The UK’s biggest property show is coming to Manchester and needs house hunters for its new series / Credit: James Feaver (via Unsplash)
Whether you’re upsizing, downsizing, first timer buyers, or looking for a forever home, Channel 4 wants to hear from you.
“We are casting for the new series, and we are interested in hearing from chain free (or SSTC) house hunters who would be ready to buy in May this year,” a spokesperson for Channel 4 said as the casting call was announced.
“Applications are now open and we’re looking for individuals, families and couples who need Kirstie and Phil’s expertise to buy their dream home.”
Daisy Jackson -
24th February 2023 
