According to the public record, 8, Navigation House 20, Manchester is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Navigation House, Ducie Street, Manchester, M1.
Ducie Street, Manchester, M1 is located in the borough of Manchester within the M1 postal district.
8, Navigation House 20, Manchester has 21 entries in the Land Registry database, most recently in December 2014 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Navigation House 20 Manchester as £236,955 and the rental value as £1,420 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 8 Navigation House 20 Manchester has increased by £11,827 (5.0%) and its rental value has increased by £15 per month (1.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Navigation House 20, Manchester is in very good condition we estimate a sale value of £248,803 and rental value of £1,491 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,368 and a rental value of £1,321 per month.
If you were able to purchase this property for the estimated value of £236,955, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,165 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 8, Navigation House 20, Manchester was last sold on 03 Dec 2014 for £175,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2014, the market for similar properties has risen 44.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Navigation House 20, Manchester within a radius of 310 metres over the last 2 years.
The most recent example is 5, Navigation House 20, Ducie Street, Manchester, M1 2DP, a Leasehold flat which sold for £232,000 in Nov 2022.
Read more about house prices in M1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ducie Street, Manchester, M1 has a total of 230 addresses. According to our analysis of all the public data, 8, Navigation House 20, Manchester is the 133rd largest and the 116th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in M1.
8, Navigation House 20, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 8, Navigation House 20, Manchester is Manchester Piccadilly station which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Navigation House 20, Manchester, 79.7% of property is privately rented and 14.6% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Navigation House 20, Manchester, 17.5% of residents are recorded as possessing school level qualifications and 81.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Navigation House 20, Manchester, the average age was 30.3 and the most common age was 22.
The graph below shows how this compares to North West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Navigation House 20, Manchester, 0.9% of property was a second home.
Comparison figures for North West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Navigation House 20, Manchester, there are an average of 0.5 cars per household.
See below for how this compares to North West and the rest of England & Wales.