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2 bedroom apartment for sale
The Quadrangle, 1 Lower Ormond Street, Manchester, M1 5QF
£200,000
The Quadrangle, 1 Lower Ormond Street, Manchester, M1 5QF
£200,000
Price History
Initial price | £220,000 |
11/09/25 | £200,000 |
Price Change | -9.09% |
Description
The Quadrangle, a 2005 development, offers a convenient and accessible location to Manchester City Centre and universities, making it a popular choice for investors and owner-occupiers. This property, located on the ground floor, features a private entrance hallway, open-plan living area and kitchen with integrated appliances, two double bedrooms, and two bathrooms. With a potential rental income of £1600 PCM, it offers an attractive 8.7% gross yield. The property is leasehold, with a 125-year lease from 2004, and comes with various utility services, including electricity, water, and broadband. The construction of the property meets the EWS1 B1 rating, making it a desirable option for those looking for a modern and well-maintained property in a prime location.