The Quadrangle, 1 Lower Ormond Street, Southern Gateway
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The Quadrangle, 1 Lower Ormond Street, Southern Gateway

By Goodwin Fish

£ 250,000

Reviews

3 out of 5 stars

Goodwin Fish says ..

EWS1 form with B1 rating - Buy to let opportunity offering 7.2% - Bright fourth floor corner apartment - Tenanted until 7th August 2025 - Achieving £1,500 pcm - Two double bedrooms - South facing balcony - 24 hr. concierge - Close to University of Manchester & Oxford Road train station

Property Oracle says ..

The property is located in Manchester City Centre, a vibrant and popular area with excellent transport links. The apartment itself is modern and well-presented, with two bedrooms and a bathroom. The images suggest it is in good condition and benefits from a balcony. While the plot size is listed as 0.00 sqft, the location suggests it may be part of a larger development. The price of £250,000 seems reasonable considering the average price in the area and the property’s features, although a comparison with similar properties with available sqft data would provide a more accurate assessment. The proximity to Manchester Oxford Road train station and other transport links is a significant advantage.

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
10
Land
2
Bedrooms
2
Bathrooms
1
Sqft (est)
761.00

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
377,234.00 £
Increased by 17.59 %
from 320,811.00 £
Est sale value
382,022.00 £
Increased by 46.36 %
from 261,023.00 £
Average area rental value
1,954.00 £/mo
Increased by 12.69 %
from 1,734.00 £/mo
Est letting value
1,522.00 £/mo
Increased by 100.00 %
from 761.00 £/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

  • Goodwin Fish created the listing.

Nearby Schools

NameTypeOfstedDistance
The Manchester Metropolitan UniversityHigher Education InstitutionsOutstanding0.22 KM
Royal Northern College Of MusicHigher Education Institutions0.58 KM
St Philip'S Church Of England Primary SchoolVoluntary Aided SchoolGood0.66 KM
Martenscroft Nursery School & Children'S CentreLocal Authority Nursery SchoolOutstanding0.72 KM
Martenscroft Nursery School And Sure Start Children'S CentreChildren's Centre0.72 KM

Images

Nearby Streets

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

Nearby Transport

NameNLCTLCDistance
Manchester Oxford Road2966MCO0.25 KM
Manchester Piccadilly2968MAN1.19 KM
Deansgate2963DGT1.19 KM
Manchester Victoria2970MCV1.69 KM
Salford Central2798SFD1.99 KM

Nearby Listings

AddressPriceTypeScoreDistance
The Quadrangle, 1 Lower Ormond Street, Manchester, Greater Manchester, M1 £ 430,000BUY8 / 100.01 KM
Lower Ormond Street, Manchester, Greater Manchester, M1 £ 240,000BUYUnknown0.01 KM
Lower Ormond Street, Manchester, M1 £ 240,000BUY6 / 100.01 KM
Lower Ormond Street, Manchester, M1 £ 160,000BUY5 / 100.03 KM
Chester Street, Manchester, Greater Manchester, M1 £ 283,895BUYUnknown0.05 KM

Nearby Properties

AddressPriceDistance
13 Conmere Square £ 145,0000.38 KM
15 Conmere Square £ 97,2500.38 KM
5 Conmere Square £ 98,5000.38 KM
11 Conmere Square £ 119,9500.38 KM
12 Dalesman Walk £ 165,0000.42 KM