Apartment 9, The Quadrangle 1
Apartment 9, The Quadrangle 1
Description & Estimates
Apartment 9, The Quadrangle 1, Manchester is recorded publicly as a modern leasehold apartment across 430 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Apartment 9, The Quadrangle 1, Manchester is £166,531 and its rental estimate is £1,138 per month, given the available information and assuming reasonable condition.
The Quadrangle, 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 9, The Quadrangle 1, Manchester has 21 entries in the Land Registry , most recently in April 2007 and a single entry in the EPC database dated January 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 9, The Quadrangle 1, Manchester, we estimate a market value of £174,858 and a rental value of £1,195 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £154,874 and £1,059 per month respectively.
Recent Market Change
Over the last year, Apartment 9, The Quadrangle 1, Manchester has seen its estimated sale value decrease by £4,302 (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 9, The Quadrangle 1, Manchester has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Apartment 9, The Quadrangle 1, Manchester completed on 13th April 2007 at £108,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 16.0% over the period since April 2007.
- Sold Apr 2007£108,000
- Sold Apr 2005£93,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 9, The Quadrangle 1, Manchester have sold within a radius of 140 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 9, The Quadrangle 1, Manchester comes out as the 251st largest and the 252nd 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
- 2.4kmDean Trust Ardwick
More reading links
Public Transport Nearby
From Apartment 9, The Quadrangle 1, Manchester, the nearest station is Manchester Oxford Road, 200 metres away.
- 200mManchester Oxford Road
- 700mDeansgate
- 900mManchester Piccadilly
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
