Murrays Mills, M4
RE

Murrays Mills, M4

By Reside Manchester

£ 400,000

Reviews

3 out of 5 stars

Reside Manchester says ..

This unique apartment resides within the acclaimed Murrays' Mills development, nestled in the vibrant core of Ancoats. Positioned on the third floor of the historic New Mill building, it boasts captivating original elements like exposed brickwork and columns. You will find two generous b...

Property Oracle says ..

This property is a 2 bedroom, 1 bathroom apartment located in the Ancoats & Beswick area of Manchester. The apartment is situated within Murrays Mills, a converted mill development. The location benefits from being close to Manchester Piccadilly train station (0.93km) and several other train stations within a 3km radius. There are also a number of highly-rated schools within a short distance, including New Islington Free School (Outstanding Ofsted rating, 0.17km). The apartment itself appears to be in excellent condition, with modern fixtures and fittings. The images showcase a contemporary interior design with exposed brickwork, which is typical of converted mill apartments in this area. The property features an open-plan living area, a modern kitchen, and two bedrooms. While the plot size is relatively small (850 sqft), the apartment benefits from being part of a larger development with communal outside space.

The list price of £400,000 is slightly higher than the average price for the area (£287,814), however, this is likely due to the desirable location within Murrays Mills and the modern, renovated condition of the apartment. The average price per sqft in the area is £321.00, and while the sqft of this property is not provided, given the condition, location and amenities, the price seems reasonable, although potentially at the higher end of the market for the area. Nearby comparable properties support this assessment, although the lack of sqft data on many nearby listings makes a precise comparison difficult.

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
7
Condition
9
Location
9
Land
6
Bedrooms
2
Bathrooms
1
Sqft (est)
850.00
Lot (est)
850.00

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
306,431.00 £
Increased by 8.62 %
from 282,110.00 £
Est sale value
382,500.00 £
Increased by 533.80 %
from 60,350.00 £
Average area rental value
1,392.00 £/mo
Increased by 1.31 %
from 1,374.00 £/mo
Est letting value
1,700.00 £/mo
from 0.00 £/mo
Est rental Yield
5.45 %
Decreased by 6.68 %
from 5.84 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Reside Manchester created the listing.

Nearby Schools

NameTypeOfstedDistance
New Islington Free SchoolFree SchoolsOutstanding0.17 KM
St Patrick'S Rc Primary SchoolVoluntary Aided SchoolRequires improvement0.63 KM
Abbott Community Primary SchoolCommunity SchoolOutstanding0.73 KM
Sol Christian AcademyOther Independent SchoolGood1.20 KM
St Anne'S Rc Primary SchoolVoluntary Aided SchoolGood1.21 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Cipher Street £ 000.00 KM
Brock Street £ 000.00 KM
Whittles Croft £ 000.00 KM
Butler Street £ 240,00000.00 KM
Finders Quay £ 545,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Piccadilly2968MAN0.93 KM
Manchester Victoria2970MCV1.83 KM
Ardwick2960ADK2.00 KM
Manchester Oxford Road2966MCO2.07 KM
Deansgate2963DGT2.95 KM

Nearby Listings

AddressPriceTypeScoreDistance
Murrays Mills, Ancoats, M4 £ 675,000BUY6 / 100.00 KM
Murrays Mills, M4 £ 400,000BUY7 / 100.00 KM
Murrays Mills, Ancoats £ 260,000BUY7 / 100.00 KM
Murrays Mills, Ancoats, M4 £ 250,000BUY6 / 100.00 KM
Murrays Mills, Ancoats, M4 £ 395,000BUY6 / 100.00 KM

Nearby Properties

AddressPriceDistance
150 Oldham Road £ 37,0000.29 KM
19 Lockyard Lane £ 382,0000.40 KM
17 Lockyard Lane £ 435,0000.40 KM
29 Lockyard Lane £ 365,0000.40 KM
21 New Islington £ 275,0000.42 KM