Apartment 23, 2
Apartment 23, 2
Description & Estimates
Apartment 23, 2, Lower Ormond Street, Manchester is described in the public record as a modern apartment with 398 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Apartment 23, 2, Lower Ormond Street, Manchester is £166,677 and its rental estimate is £1,139 per month, given the available information and assuming reasonable condition.
2, Lower Ormond Street is a residential building on Lower Ormond Street, Manchester, M1 and falls within the M1 postal district and the borough of Manchester.
Our Data Sources
Apartment 23, 2, Lower Ormond Street, Manchester has no records in the the Land Registry and a single entry in the EPC database dated August 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Apartment 23, 2, Lower Ormond Street, Manchester, we estimate a market value of £175,011 and a rental value of £1,196 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £155,010 and £1,060 per month respectively.
Recent Market Change
Over the last year, Apartment 23, 2, Lower Ormond Street, Manchester has seen its estimated sale value decrease by £4,306 (2.6%) and its estimated rental value grow by £28 per month (2.4%). This results in an estimated gross rental yield of 8.2%.
Energy Efficiency
Apartment 23, 2, Lower Ormond Street, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Aug 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 23, 2, Lower Ormond Street, Manchester have sold within a radius of 100 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th September 2024, was Apartment 8, Lincoln Place 7, Hulme Street, Manchester, M1 5GL, a leasehold flat which sold for £165,000.
Read more about house prices in M1.
- Sold Sep 2024£165,000 | 2 Bed FlatLincoln Place 7, Hulme StreetApartment 8, Lincoln Place 7, Hulme Street, Manchester, M1 5GL
- Sold Jul 2024£1,000,000 | 1 Bed FlatChester Street8, Chester Street, Manchester, M1 5GE
- Sold Jun 2022£130,000 | 1 Bed FlatLincoln Place 7, Hulme StreetApartment 14, Lincoln Place 7, Hulme Street, Manchester, M1 5GL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 268 addresses on Lower Ormond Street, Manchester, M1, Apartment 23, 2, Lower Ormond Street, Manchester comes out as the 260th largest and the 250th most expensive in our analysis of the public data.
It is also £65k less expensive than the average property across the M1 district.
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Schools Nearby
- 500mSt Philip's Church of England Primary School
- 900mSt Wilfrid's RC Primary School
- 1.0kmCrown Street Primary School
- 800mTrinity CofE High School
- 1.7kmManchester Academy
- 2.5kmDean Trust Ardwick
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Public Transport Nearby
From Apartment 23, 2, Lower Ormond Street, Manchester, the nearest station is Manchester Oxford Road, 200 metres away.
- 200mManchester Oxford Road
- 600mDeansgate
- 1.0kmManchester Piccadilly
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
