Ophthalmic Works, Manchester, Ancoats, M4
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Ophthalmic Works, Manchester, Ancoats, M4

By Thornley Groves

£ 280,000

Reviews

3 out of 5 stars

Thornley Groves says ..

This beautifully presented 2-bedroom apartment is located on the fourt floor of the highly sought-after Ophthalmic Works building, a stunning conversion of a former industrial site that combines historic charm with modern living. The building retains many of its original architectural features, o...

Property Oracle says ..

The property is a 2 bedroom, 2 bathroom flat located in Ancoats, Manchester. The flat is situated within the Ophthalmic Works building, part of the Tobacco Factory Phase II development. The location is excellent, with Manchester Piccadilly train station within reasonable walking distance. Several highly-rated schools are also nearby, including Abbott Community Primary School which has an “Outstanding” Ofsted rating. The Ancoats area is known for its trendy bars, restaurants and independent shops, making it a desirable place to live. Based on the images provided, the property appears to be in good condition. The interior is modern and well-maintained, with a stylish contemporary design. The exposed wooden flooring adds character. While the images do not show the exterior of the property in detail, the surrounding area appears well-maintained. There is a small balcony visible in the photos, offering some outdoor space. The list price of £280,000 is slightly below the average price for the area (£323,073). Considering the property’s size (922 sqft) and modern condition, it is larger than average for the area (average 705 sqft) and appears to be reasonably priced, especially considering the desirable location and modern finishes. The average price per sqft in the area is £458 but the property’s price per sqft is significantly lower. However, it’s important to note that the sqft data for nearby properties is missing, so a more precise comparison is impossible. The property benefits from a modern, updated interior and a convenient location. The small balcony offers some outdoor space.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
8
Condition
9
Location
10
Land
3
Bedrooms
2
Bathrooms
2
Sqft (est)
922.00
Lot (est)
905.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
344,188.00 £
Increased by 14.03 %
from 301,843.00 £
Est sale value
507,100.00 £
Increased by 48.25 %
from 342,062.00 £
Average area rental value
1,585.00 £/mo
Increased by 8.19 %
from 1,465.00 £/mo
Est letting value
1,844.00 £/mo
Increased by 100.00 %
from 922.00 £/mo
Est rental Yield
5.53 %
Decreased by 4.98 %
from 5.82 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Thornley Groves created the listing.

Nearby Schools

NameTypeOfstedDistance
King Of KingsOther Independent SchoolGood0.23 KM
The Cooperative CollegeMiscellaneous0.58 KM
Abbott Community Primary SchoolCommunity SchoolOutstanding0.96 KM
Eden Boys' Leadership Academy, ManchesterFree Schools0.97 KM
Chetham'S School Of MusicOther Independent School1.02 KM

Images

Picture No. 45 Picture No. 24 Picture No. 26 Picture No. 41 Picture No. 50 Picture No. 28 Picture No. 34 Picture No. 46 Picture No. 35 Picture No. 48 Picture No. 37 Picture No. 32 Picture No. 25 Picture No. 39 Picture No. 29 Picture No. 51 Picture No. 47 Picture No. 42 Picture No. 44 Picture No. 43 Picture No. 36 Google Maps Image

Nearby Streets

NameAverage PriceAverage SqftDistance
New Mount Street £ 150,00000.00 KM
Baptist Street £ 270,56300.00 KM
Irk Street £ 392,50000.00 KM
Durant Street £ 000.00 KM
Bendix Street £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Victoria2970MCV0.90 KM
Manchester Piccadilly2968MAN1.31 KM
Manchester Oxford Road2966MCO1.81 KM
Salford Central2798SFD2.32 KM
Deansgate2963DGT2.42 KM

Nearby Listings

AddressPriceTypeScoreDistance
Ophthalmic Works, 2 Naples Street, Manchester £ 285,000BUY6 / 100.00 KM
Ophthalmic Works, Manchester, Ancoats, M4 £ 280,000BUY7 / 100.00 KM
Krupa Building, 19 Sharp Street, Manchester £ 115,000BUY5 / 100.04 KM
19 Sharp Street, Manchester, M4 £ 165,000BUY6 / 100.04 KM
Sharp Street, Manchester, Greater Manchester, M4 £ 145,000BUYUnknown0.04 KM

Nearby Properties

AddressPriceDistance
19 Len Cox Walk £ 85,0000.41 KM
8 Len Cox Walk £ 127,5000.41 KM
32 Len Cox Walk £ 245,0000.41 KM
4 Len Cox Walk £ 156,0000.41 KM
20 Len Cox Walk £ 165,0000.41 KM