Flat 17 Ophthalmic Works, 2 Naples Street

    FLAT 17 OPHTHALMIC WORKS, 2, NAPLES STREET, MANCHESTER, M4 4DB

    This flat/maisonette leasehold property on Naples Street last sold in May 2022 for £182,000. Based on price growth in the M4 district since then, its estimated current value is £171,106 — placing it in the 17th percentile nationally and the 10th percentile within M4. The property covers 44 m² (474 sq ft), giving an estimated value of £3,889 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

    £182,000

    May 2022

    Estimated Valuation

    £171,106

    Est. £/sq ft

    £361/sq ft

    £3,889/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

    6 May 2022

    £182,000

    3 Oct 2016

    £125,715

    Key Metrics

    Estimated valuation£171,106
    Value per sq ft / m²£361/sq ft (£3,889/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M4 district percentile10th percentile
    National percentile17th 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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