According to the public record, Flat 6, Menzies Court 1, Manchester is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Menzies Court, Redgates Walk, Manchester, M21.
Redgates Walk, Manchester, M21 is located in the borough of Manchester within the M21 postal district.
Flat 6, Menzies Court 1, Manchester has 51 entries in the Land Registry database, most recently in December 2016 and a single entry in the EPC database dated October 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 6 Menzies Court 1 Manchester as £166,311 and the rental value as £1,094 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 6 Menzies Court 1 Manchester has increased by £12,145 (7.3%) and its rental value has increased by £74 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 6, Menzies Court 1, Manchester is in very good condition we estimate a sale value of £174,627 and rental value of £1,149 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,670 and a rental value of £1,017 per month.
If you were able to purchase this property for the estimated value of £166,311, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £817 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 6, Menzies Court 1, Manchester was last sold on 21 Dec 2016 for £112,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Dec 2016, the market for similar properties has risen 36.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Menzies Court 1, Manchester within a radius of 440 metres over the last 2 years.
The most recent example is Flat 23, Menzies Court 4, Redgates Walk, Manchester, M21 9GF, a Leasehold flat which sold for £160,000 in May 2024.
Read more about house prices in M21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redgates Walk, Manchester, M21 has a total of 30 addresses. According to our analysis of all the public data, Flat 6, Menzies Court 1, Manchester is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £251k less expensive than the average property in M21.
Flat 6, Menzies Court 1, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2023.
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 6, Menzies Court 1, Manchester is Manchester United Football Ground station which is 2.0 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 6, Menzies Court 1, Manchester, 39.4% of property is privately rented and 28.7% is socially 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 6, Menzies Court 1, Manchester, 12.7% of residents are recorded as possessing school level qualifications and 53.7% 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 Flat 6, Menzies Court 1, 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 6, Menzies Court 1, Manchester, 2.2% 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 6, Menzies Court 1, Manchester, there are an average of 0.8 cars per household.
See below for how this compares to North West and the rest of England & Wales.