According to the public record, Apartment 54, Piccadilly Lofts 70, Manchester is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Piccadilly Lofts, Dale Street, Manchester, M1.
Dale Street, Manchester, M1 is located in the borough of Manchester within the M1 postal district.
Apartment 54, Piccadilly Lofts 70, Manchester has 21 entries in the Land Registry database, most recently in April 2009 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 54 Piccadilly Lofts 70 Manchester as £244,018 and the rental value as £1,427 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Apartment 54 Piccadilly Lofts 70 Manchester has increased by £12,339 (5.1%) and its rental value has increased by £17 per month (1.2%).
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 54, Piccadilly Lofts 70, Manchester is in very good condition we estimate a sale value of £256,218 and rental value of £1,498 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,936 and a rental value of £1,327 per month.
If you were able to purchase this property for the estimated value of £244,018, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,199 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 54, Piccadilly Lofts 70, Manchester was last sold on 01 Apr 2009 for £130,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2009, the market for similar properties has risen 64.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 54, Piccadilly Lofts 70, Manchester within a radius of 270 metres over the last 2 years.
The most recent example is Apartment 42, Piccadilly Lofts 70, Dale Street, Manchester, M1 2PE, a Leasehold flat which sold for £292,500 in Oct 2023.
Read more about house prices in M1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dale Street, Manchester, M1 has a total of 319 addresses. According to our analysis of all the public data, Apartment 54, Piccadilly Lofts 70, Manchester is the 152nd largest and the 138th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in M1.
The closest station to Apartment 54, Piccadilly Lofts 70, Manchester is Manchester Piccadilly station which is 400 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 54, Piccadilly Lofts 70, Manchester, 71.2% of property is privately rented and 20.3% 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 54, Piccadilly Lofts 70, Manchester, 12.1% of residents are recorded as possessing school level qualifications and 74.2% 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 54, Piccadilly Lofts 70, 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 54, Piccadilly Lofts 70, Manchester, 0.5% 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 54, Piccadilly Lofts 70, Manchester, there are an average of 0.4 cars per household.
See below for how this compares to North West and the rest of England & Wales.