Flat 709, 2
Flat 709, 2
Description & Estimates
Public records show Flat 709, 2, Old Mount Street, Manchester to be a modern leasehold apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 709, 2, Old Mount Street, Manchester has an estimated sale value of £248,642 and an estimated rental value of £1,413 per month, assuming reasonable condition and based on the information available.
The apartment sits within 2, Old Mount Street, Manchester, M4.
Old Mount Street, Manchester, M4 lies in the borough of Manchester, within the M4 postal district.
Our Data Sources
Flat 709, 2, Old Mount Street, Manchester has a single entry in the Land Registry from November 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
In very good condition, we estimate Flat 709, 2, Old Mount Street, Manchester would be worth £261,074, with a potential rental value of £1,484 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £231,237, with a rental value of £1,314 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 709, 2, Old Mount Street, Manchester has decreased by £8,595 (3.5%) over the last year. During the same period, its estimated monthly rental value has grown by £14 (1.0%). The property's estimated gross yield is currently 6.8%.
Energy Efficiency
Flat 709, 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
Flat 709, 2, Old Mount Street, Manchester last changed hands on 30th November 2021, selling for £225,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 15.5% since November 2021.
- Sold Nov 2021£225,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 190 metres of Flat 709, 2, Old Mount Street, Manchester across the last 2 years.
Most recently, Flat 717, 2, Old Mount Street, Manchester, M4 4GQ, a leasehold flat, sold at £225,800 on the 25th November 2024.
Read more about house prices in M4.
- Sold Nov 2024£225,800 | 2 Bed Flat2, Old Mount StreetFlat 717, 2, Old Mount Street, Manchester, M4 4GQ
- Sold Mar 2023£240,000 | 2 Bed Flat2, Old Mount StreetFlat 805, 2, Old Mount Street, Manchester, M4 4GQ
- Sold Jan 2022£226,000 | 2 Bed Flat2, Old Mount StreetFlat 515, 2, Old Mount Street, Manchester, M4 4GP
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 709, 2, Old Mount Street, Manchester as the 115th largest and the 112th most expensive of the 136 addresses on Old Mount Street, Manchester, M4.
Against the M4 postcode district average, it is £27k more expensive than the typical property.
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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
Manchester Victoria station is the nearest stop to Flat 709, 2, Old Mount Street, Manchester at 500 metres away.
- 500mManchester Victoria
- 1.4kmManchester Piccadilly
- 1.5kmSalford Central
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
