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
£230,000

Price History

Initial price £250,000
22/03/25 £240,000
29/05/25 £230,000
Price Change -8.00%

Description

This exceptional two-bedroom, one-bathroom apartment in the sought-after Quadrangle development offers a prime location near Manchester's prestigious universities, transport links, and popular bars and restaurants. The fourth-floor residence boasts a bright south-facing aspect, a spacious open-plan lounge/diner with a private balcony, and a modern kitchen with integrated appliances. The two generously sized bedrooms provide comfortable accommodation. The property is currently tenanted until August 2025, achieving a rental income of £1,500 per month, and is available with vacant possession from August 2025. The development benefits from an EWS1 form with a B1 rating, making it suitable for mortgage lenders. With a leasehold tenure, annual service charge, and ground rent, this property offers a great investment opportunity.