Flat 601, 2
Flat 601, 2
Description & Estimates
According to the public record, Flat 601, 2, Old Mount Street, Manchester is a modern leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 601, 2, Old Mount Street, Manchester is £335,224 and the estimated rental value is £1,832 per month.
The apartment is within 2, Old Mount Street, Manchester, M4.
Old Mount Street, Manchester, M4 is located in the borough of Manchester within the M4 postal district.
Our Data Sources
Flat 601, 2, Old Mount Street, Manchester has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated May 2021.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 601, 2, Old Mount Street, Manchester is in very good condition we estimate a sale value of £351,985 and a rental value of £1,923 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,758 and a rental value of £1,704 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 601, 2, Old Mount Street, Manchester has decreased by £11,904 (3.6%), while its estimated rental value has grown by £15 per month (0.8%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Energy Efficiency
Flat 601, 2, Old Mount Street, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 601, 2, Old Mount Street, Manchester was last sold on 30th September 2021 for £413,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has dropped by 6.9%.
- Sold Sep 2021£413,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 601, 2, Old Mount Street, Manchester within a radius of 190 metres over the last 2 years.
The most recent example is Flat 501, 2, Old Mount Street, Manchester, M4 4GP, a leasehold flat which sold for £395,000 on the 3rd November 2021.
Read more about house prices in M4.
- Sold Nov 2021£395,000 | 3 Bed Flat2, Old Mount StreetFlat 501, 2, Old Mount Street, Manchester, M4 4GP
- Sold Oct 2021£403,500 | 3 Bed Flat2, Old Mount StreetFlat 401, 2, Old Mount Street, Manchester, M4 4GP
- Sold Oct 2021£418,500 | 3 Bed Flat2, Old Mount StreetFlat 901, 2, Old Mount Street, Manchester, M4 4GQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Old Mount Street, Manchester, M4 has a total of 136 addresses. According to our analysis of all the public data, Flat 601, 2, Old Mount Street, Manchester is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £114k more expensive than the average property in M4.
More reading links
Schools Nearby
- 600mAbbott Community Primary School
- 700mSt Patrick's RC Primary School, a Voluntary Academy
- 900mCo-op Academy New Islington
- 900mEden Boys' Leadership Academy, Manchester
- 1.1kmEden Girls' Leadership Academy, Manchester
- 1.9kmManchester Communication Academy
More reading links
Public Transport Nearby
The closest station to Flat 601, 2, Old Mount Street, Manchester is Manchester Victoria station, which is 500 metres away.
- 500mManchester Victoria
- 1.4kmManchester Piccadilly
- 1.5kmSalford Central
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
