According to the public record, Flat 3, 40-42, Warwick Road, Manchester is a period apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 40-42, Warwick Road, Chorlton Cum Hardy, Manchester, M21.
Warwick Road, Chorlton Cum Hardy, Manchester, M21 is located in the borough of Manchester within the M21 postal district.
Flat 3, 40-42, Warwick Road, Manchester has no records in the Land Registry database and a single entry in the EPC database dated October 2021.
We combine this information with public data 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 3 40-42 Warwick Road Manchester as £153,991 and the rental value as £968 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 3 40-42 Warwick Road Manchester has increased by £9,694 (6.3%) and its rental value has increased by £56 per month (5.8%).
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 3, 40-42, Warwick Road, Manchester is in very good condition we estimate a sale value of £161,690 and rental value of £1,016 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,211 and a rental value of £900 per month.
If you were able to purchase this property for the estimated value of £153,991, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £757 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 40-42, Warwick Road, Manchester within a radius of 410 metres over the last 2 years.
The most recent example is Flat 5, 460, Wilbraham Road, Manchester, M21 0AG, a Leasehold flat which sold for £133,000 in Mar 2024.
Read more about house prices in M21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Warwick Road, Chorlton Cum Hardy, Manchester, M21 has a total of 52 addresses. According to our analysis of all the public data, Flat 3, 40-42, Warwick Road, Manchester is the 44th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £264k less expensive than the average property in M21.
Flat 3, 40-42, Warwick Road, Manchester has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 3, 40-42, Warwick Road, Manchester is Manchester United Football Ground station which is 2.3 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 Flat 3, 40-42, Warwick Road, Manchester, 66.7% of property is privately rented and 17.3% 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 Flat 3, 40-42, Warwick Road, Manchester, 11.9% of residents are recorded as possessing school level qualifications and 75.4% 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 Flat 3, 40-42, Warwick Road, Manchester, the average age was 38.5 and the most common age was 27.
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 3, 40-42, Warwick Road, Manchester, 0.3% 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 3, 40-42, Warwick Road, Manchester, there are an average of 0.9 cars per household.
See below for how this compares to North West and the rest of England & Wales.