Flat 14 Ophthalmic Works, 2 Naples Street

    FLAT 14 OPHTHALMIC WORKS, 2, NAPLES STREET, MANCHESTER, M4 4DB

    This flat/maisonette leasehold property on Naples Street last sold in March 2016 for £185,000. Based on price growth in the M4 district since then, its estimated current value is £286,507 — placing it in the 46th percentile nationally and the 69th percentile within M4. The property covers 44 m² (474 sq ft), giving an estimated value of £6,512 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £185,000

    Mar 2016

    Estimated Valuation

    £286,507

    Est. £/sq ft

    £605/sq ft

    £6,512/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnclosed Mid-Terrace
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area474 sq ft (44 m²)
    EPC dateJun 2015
    WallsSolid brick, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    31 Mar 2016

    £185,000

    Key Metrics

    Estimated valuation£286,507
    Value per sq ft / m²£605/sq ft (£6,512/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M4 district percentile69th percentile
    National percentile46th percentile

    District Context — M4

    M4 covers central Manchester, including areas around the city centre, Deansgate, and surrounding neighbourhoods. It is characterised by high density urban living with a youthful, transient population and strong appeal to students and young professionals.

    Average Property Price - M4

    £263,046

    31

    National percentile

    Average Net Household Income - M4

    £30,574

    9

    National percentile

    10-Year Annualised Price Growth - M4

    5.3%

    92

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M4

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