According to the public record, Flat 2, Grosvenor House 280, Manchester is a mid-century leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Grosvenor House, Wilbraham Road, Manchester, M16.
Wilbraham Road, Manchester, M16 is located in the borough of Manchester within the M16 postal district.
Flat 2, Grosvenor House 280, Manchester has 31 entries in the Land Registry database, most recently in December 2010 and a single entry in the EPC database dated March 2021.
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 Flat 2 Grosvenor House 280 Manchester as £224,783 and the rental value as £1,286 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 2 Grosvenor House 280 Manchester has increased by £14,984 (6.7%) and its rental value has increased by £87 per month (6.8%).
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 Flat 2, Grosvenor House 280, Manchester is in very good condition we estimate a sale value of £236,022 and rental value of £1,350 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £209,048 and a rental value of £1,196 per month.
If you were able to purchase this property for the estimated value of £224,783, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,105 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, Flat 2, Grosvenor House 280, Manchester was last sold on 10 Dec 2010 for £136,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2010, the market for similar properties has risen 59.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Grosvenor House 280, Manchester within a radius of 550 metres over the last 2 years.
The most recent example is Flat 1, Grosvenor House 280, Wilbraham Road, Manchester, M16 8WP, a Leasehold flat which sold for £223,000 in Apr 2022.
Read more about house prices in M16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilbraham Road, Manchester, M16 has a total of 122 addresses. According to our analysis of all the public data, Flat 2, Grosvenor House 280, Manchester is the 45th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in M16.
Flat 2, Grosvenor House 280, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, Grosvenor House 280, Manchester is Mauldeth Road station which is 3.1 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 Flat 2, Grosvenor House 280, Manchester, 35.9% of property is privately rented and 35.0% 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 Flat 2, Grosvenor House 280, Manchester, 25.1% of residents are recorded as possessing school level qualifications and 63.2% 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 Flat 2, Grosvenor House 280, Manchester, the average age was 35.4 and the most common age was 32.
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 Flat 2, Grosvenor House 280, 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 Flat 2, Grosvenor House 280, Manchester, there are an average of 1.3 cars per household.
See below for how this compares to North West and the rest of England & Wales.