According to the public record, Flat A804, Oxygen Tower 50, Manchester is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Oxygen Tower, Store Street, Manchester, M1.
Store Street, Manchester, M1 is located in the borough of Manchester within the M1 postal district.
Flat A804, Oxygen Tower 50, Manchester has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated September 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 good condition, we estimate the current sale value for Flat A804 Oxygen Tower 50 Manchester as £294,492 and the rental value as £1,576 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat A804 Oxygen Tower 50 Manchester has increased by £16,679 (5.7%) and its rental value has increased by £35 per month (2.2%).
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 Flat A804, Oxygen Tower 50, Manchester is in very good condition we estimate a sale value of £309,217 and rental value of £1,654 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,878 and a rental value of £1,465 per month.
If you were able to purchase this property for the estimated value of £294,492, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,447 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 A804, Oxygen Tower 50, Manchester was last sold on 24 Feb 2022 for £155,520 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A804, Oxygen Tower 50, Manchester within a radius of 230 metres over the last 2 years.
The most recent example is Flat A904, Oxygen Tower 50, Store Street, Manchester, M1 2FS, a Leasehold flat which sold for £242,500 in Dec 2023.
Read more about house prices in M1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Store Street, Manchester, M1 has a total of 383 addresses. According to our analysis of all the public data, Flat A804, Oxygen Tower 50, Manchester is the 318th largest and the 287th most expensive property on the street.
When compared to the postcode district it is £37k more expensive than the average property in M1.
Flat A804, Oxygen Tower 50, Manchester has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat A804, Oxygen Tower 50, Manchester is Manchester Piccadilly station which is 500 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 Flat A804, Oxygen Tower 50, Manchester, 74.3% of property is privately rented and 12.9% 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 A804, Oxygen Tower 50, Manchester, 31.0% of residents are recorded as possessing school level qualifications and 58.0% 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 A804, Oxygen Tower 50, 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 Flat A804, Oxygen Tower 50, Manchester, 0.0% 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 A804, Oxygen Tower 50, 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.