The Quadrangle, 1 Lower Ormond St
NO

The Quadrangle, 1 Lower Ormond St

By North Property Group

£ 175,000

Reviews

3 out of 5 stars

North Property Group says ..

**CITY CENTRE LOCATION** MINUTES FROM UNIVERSITY DISTRICT** HIGH TENANT DEMAND** CONCIERGE SERVICE INCLUDED** GREAT INVESTMENT OPPORTUNITY** ACHIEVING £1150PCM** YIELDS OVER 6.5%**

Property Oracle says ..

The property is located in Manchester City Centre, in the Deansgate area. This is a vibrant and popular location with excellent transport links, including Oxford Road train station being within walking distance. The area benefits from a range of amenities, including shops, restaurants, and universities. Based on the images, the apartment appears to be in good condition, clean and well-maintained. However, the lack of information regarding the square footage and plot size makes it difficult to provide a comprehensive analysis. The list price of £175,000 is significantly below the average price for the area (£306,296). However, considering the property is a one-bedroom apartment, and comparable properties in the area are listed at higher prices, the price may reflect the smaller size of the property. More information is needed to determine if this is a good value for money.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
9
Land
3
Bedrooms
1
Bathrooms
1

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
377,234.00 £
Increased by 17.59 %
from 320,811.00 £
Average area rental value
1,954.00 £/mo
Increased by 12.69 %
from 1,734.00 £/mo
Est rental Yield
6.22 %
Decreased by 4.16 %
from 6.49 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • North Property Group created the listing.

Nearby Schools

NameTypeOfstedDistance
The Manchester Metropolitan UniversityHigher Education InstitutionsOutstanding0.26 KM
St Philip'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.61 KM
Royal Northern College Of MusicHigher Education Institutions0.62 KM
Martenscroft Nursery School & Children'S CentreLocal Authority Nursery SchoolOutstanding0.71 KM
Martenscroft Nursery School And Sure Start Children'S CentreChildren's Centre0.71 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Medlock Street Junction £ 195,00000.00 KM
Frank Street £ 000.00 KM
Anvil Street £ 239,99500.00 KM
Tug Alley £ 000.00 KM
McGinty Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Manchester Oxford Road2966MCO0.21 KM
Deansgate2963DGT1.13 KM
Manchester Piccadilly2968MAN1.24 KM
Manchester Victoria2970MCV1.68 KM
Salford Central2798SFD1.93 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Quadrangle, 1 Lower Ormond St £ 250,000BUY6 / 100.00 KM
The Quadrangle, 1 Lower Ormond Street Manchester M1 £ 250,000BUY6 / 100.00 KM
Lower Ormond Street, Manchester, Greater Manchester, M1 £ 205,000BUY5 / 100.00 KM
The Quadrangle, 1 Lower Ormond St £ 175,000BUY6 / 100.00 KM
Lower Ormond Street, Manchester, Greater Manchester, M1 £ 220,000BUY5 / 100.00 KM

Nearby Properties

AddressPriceDistance
13 Conmere Square £ 145,0000.34 KM
5 Conmere Square £ 98,5000.34 KM
15 Conmere Square £ 97,2500.34 KM
11 Conmere Square £ 119,9500.34 KM
17 Valerie Walk £ 126,0000.40 KM