According to the public record, Apartment 421, 40, Hilton Street, Manchester is a modern leasehold apartment with 1,227 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 40, Hilton Street, Manchester, M1.
Hilton Street, Manchester, M1 is located in the borough of Manchester within the M1 postal district.
Apartment 421, 40, Hilton Street, Manchester has a single entry in the Land Registry database from July 2017 and a single entry in the EPC database dated December 2013.
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 Apartment 421 40 Hilton Street Manchester as £364,073 and the rental value as £1,954 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Apartment 421 40 Hilton Street Manchester has increased by £24,780 (6.8%) and its rental value has increased by £55 per month (2.8%).
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 421, 40, Hilton Street, Manchester is in very good condition we estimate a sale value of £382,276 and rental value of £2,052 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,588 and a rental value of £1,817 per month.
If you were able to purchase this property for the estimated value of £364,073, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,789 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 421, 40, Hilton Street, Manchester was last sold on 05 Jul 2017 for £272,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2017, the market for similar properties has risen 20.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 421, 40, Hilton Street, Manchester within a radius of 250 metres over the last 2 years.
The most recent example is Apartment 621, 40, Hilton Street, Manchester, M1 2BL, a Leasehold flat which sold for £310,000 in Mar 2022.
Read more about house prices in M1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hilton Street, Manchester, M1 has a total of 131 addresses. According to our analysis of all the public data, Apartment 421, 40, Hilton Street, Manchester is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £106k more expensive than the average property in M1.
Apartment 421, 40, Hilton Street, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment 421, 40, Hilton Street, Manchester is Manchester Piccadilly station which is 500 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 Apartment 421, 40, Hilton Street, Manchester, 64.4% of property is privately rented and 27.9% 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 421, 40, Hilton Street, Manchester, 12.8% of residents are recorded as possessing school level qualifications and 74.7% 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 421, 40, Hilton Street, 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 Apartment 421, 40, Hilton Street, Manchester, 0.0% 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 421, 40, Hilton Street, 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.