According to the public record, Apartment 41, 12, Lakeside Rise, Manchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 544 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 12, Lakeside Rise, Manchester, M9.
Lakeside Rise, Manchester, M9 is located in the borough of Manchester within the M9 postal district.
Apartment 41, 12, Lakeside Rise, Manchester has 2 entries in the Land Registry database, most recently in August 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Apartment 41 12 Lakeside Rise Manchester as £103,336 and the rental value as £674 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of Apartment 41 12 Lakeside Rise Manchester has increased by £2,632 (2.5%) and its rental value has increased by £10 per month (1.5%).
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 Apartment 41, 12, Lakeside Rise, Manchester is in very good condition we estimate a sale value of £108,502 and rental value of £707 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,102 and a rental value of £627 per month.
If you were able to purchase this property for the estimated value of £103,336, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £508 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, Apartment 41, 12, Lakeside Rise, Manchester was last sold on 26 Aug 2022 for £92,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 41, 12, Lakeside Rise, Manchester within a radius of 620 metres over the last 2 years.
The most recent example is Apartment 32, 1, Lakeside Rise, Manchester, M9 8QB, a Leasehold flat which sold for £85,000 in Apr 2024.
Read more about house prices in M9.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakeside Rise, Manchester, M9 has a total of 251 addresses. According to our analysis of all the public data, Apartment 41, 12, Lakeside Rise, Manchester is the 180th largest and the 217th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in M9.
The closest station to Apartment 41, 12, Lakeside Rise, Manchester is Manchester Victoria station which is 4.3 kilometres 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 Apartment 41, 12, Lakeside Rise, Manchester, 80.9% of property is privately rented and 11.1% 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 Apartment 41, 12, Lakeside Rise, Manchester, 13.4% of residents are recorded as possessing school level qualifications and 49.4% 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 Apartment 41, 12, Lakeside Rise, Manchester, the average age was 35.1 and the most common age was 7.
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 Apartment 41, 12, Lakeside Rise, Manchester, 1.0% 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 Apartment 41, 12, Lakeside Rise, Manchester, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.