2 Melrose Street

    2, MELROSE STREET, MANCHESTER, M40 1NA

    This terraced leasehold property on Melrose Street last sold in May 2020 for £69,950. Based on price growth in the M40 district since then, its estimated current value is £99,866 — placing it in the 4th percentile nationally and the 5th percentile within M40. The property covers 74 m² (797 sq ft), giving an estimated value of £1,350 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    74 m²

    (797 sq ft)

    Last Sale Price

    £69,950

    May 2020

    Estimated Valuation

    £99,866

    Est. £/m²

    £1,350/m²

    £125/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area74 m² (797 sq ft)
    EPC dateJan 2019
    WallsSolid brick, as built, partial insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    12 May 2020

    £69,950

    Key Metrics

    Estimated valuation£99,866
    Value per m² / sq ft£1,350/m² (£125/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    M40 district percentile5th percentile
    National percentile4th percentile

    District Context — M40

    M40 covers central and south Manchester, including areas such as Moss Side, Rusholme, and Fallowfield. It is a diverse, densely populated urban district with a significant student and younger working-age population, mixed tenure housing, and a strong services and care sector presence.

    Average Property Price - M40

    £221,093

    18

    National percentile

    Average Net Household Income - M40

    £26,271

    4

    National percentile

    10-Year Annualised Price Growth - M40

    7.4%

    99

    National percentile

    10-Year Annualised Rent Growth - M

    5.5%

    98

    National percentile

    View full analysis for M40

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