Apartment 2 The Quadrangle, 1 Lower Ormond Street

    APARTMENT 2 THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, MANCHESTER, M1 5QF

    This flat/maisonette leasehold property on Lower Ormond Street last sold in May 2005 for £120,000. Based on price growth in the M1 district since then, its estimated current value is £190,911 — placing it in the 22nd percentile nationally and the 19th percentile within M1. The property covers 67 m² (721 sq ft), giving an estimated value of £2,849 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    721 sq ft

    67 m²

    Last Sale Price

    £120,000

    May 2005

    Estimated Valuation

    £190,911

    Est. £/sq ft

    £265/sq ft

    £2,849/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area721 sq ft (67 m²)
    EPC dateFeb 2016
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    5 May 2005

    New build

    £120,000

    Key Metrics

    Estimated valuation£190,911
    Value per sq ft / m²£265/sq ft (£2,849/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M1 district percentile19th percentile
    National percentile22nd percentile

    District Context — M1

    M1 covers central Manchester, including the city centre and its immediate surroundings. It is a predominantly young, urban area shaped by student accommodation, professional housing, and ongoing regeneration.

    Average Property Price - M1

    £260,119

    31

    National percentile

    Average Net Household Income - M1

    £39,803

    57

    National percentile

    10-Year Annualised Price Growth - M1

    4.0%

    65

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M1

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