The Quadrangle, 1 Lower Ormond... 2 bed apartment for sale

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The Quadrangle, 1 Lower Ormond... 2 bed apartment for sale

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 location near Manchester City Centre and universities, making it a popular choice for investors and owner-occupiers. This property on the ground floor features a private entrance, open-plan living area and kitchen with integrated appliances, two double bedrooms, and a bathroom with shower. With a potential rental income of £1600 PCM, it offers a 8.7% gross yield, making it an attractive investment opportunity. The property is leasehold with a 125-year lease from 2004, and the annual service charge is £1991.48. Other amenities include mains electricity, water supply, and drainage, as well as good mobile coverage and a Hyperoptic FTTC broadband connection.