According to the public record, Flat 20, Surrey Lodge 2-4, Manchester is a period leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Surrey Lodge, Birch Lane, Manchester, M13.
Birch Lane, Manchester, M13 is located in the borough of Manchester within the M13 postal district.
Flat 20, Surrey Lodge 2-4, Manchester has 31 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated December 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 Flat 20 Surrey Lodge 2-4 Manchester as £79,932 and the rental value as £523 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 20 Surrey Lodge 2-4 Manchester has increased by £1,346 (1.7%) and its rental value has increased by £11 per month (2.1%).
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 Flat 20, Surrey Lodge 2-4, Manchester is in very good condition we estimate a sale value of £83,928 and rental value of £549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,337 and a rental value of £486 per month.
If you were able to purchase this property for the estimated value of £79,932, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £393 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 20, Surrey Lodge 2-4, Manchester was last sold on 28 Nov 2018 for £34,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2018, the market for similar properties has risen 32.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 20, Surrey Lodge 2-4, Manchester within a radius of 470 metres over the last 2 years.
The most recent example is Flat 11, Surrey Lodge 2-4, Birch Lane, Manchester, M13 0NN, a Leasehold flat which sold for £95,000 in Sep 2021.
Read more about house prices in M13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Birch Lane, Manchester, M13 has a total of 242 addresses. According to our analysis of all the public data, Flat 20, Surrey Lodge 2-4, Manchester is the 172nd largest and the 232nd most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in M13.
Flat 20, Surrey Lodge 2-4, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Dec 2023.
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 20, Surrey Lodge 2-4, Manchester is Ardwick station which is 1.5 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 20, Surrey Lodge 2-4, Manchester, 45.2% of property is socially rented and 29.9% is privately rented.
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 20, Surrey Lodge 2-4, Manchester, 27.3% of residents are recorded as possessing school level qualifications and 27.3% 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 20, Surrey Lodge 2-4, Manchester, the average age was 29.5 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 Flat 20, Surrey Lodge 2-4, Manchester, 1.3% 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 20, Surrey Lodge 2-4, Manchester, there are an average of 0.6 cars per household.
See below for how this compares to North West and the rest of England & Wales.