Sold STC Flat

Apartment 226

THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER M1 5QE

2 beds 2 baths 128 m² Listed 17 Apr 2025 (-419d)

£430,000

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Property details

Tenure

LEASEHOLD

Floor area

128 m²

Council tax band

TBC

Last sold

£410,000 Dec 2025

Local average

£291,831 (+47.3%)

Deprivation

Decile 6 (17,043 of 33,755)

Street crime

5 incidents within 1 mile (Apr 2026)

Key features

  • Penthouse Apartment
  • Superb Location
  • Outstanding Transport Links
  • Large 750sqft Private Roof Terrace
  • Two secure Allocated Parking Spaces
  • Two Double Bedrooms
  • No Onward Chain Delay
  • Accommodation At Almost 1400sqft
  • 24hr Concierge
  • EWS1 Form In Place - Mortgage Buyers Welcome

Additional details

Parking
Allocated

Description

The Quadrangle is a popular development located in the heart of Manchester City Centre, close to the universities and just off Oxford Road. This spacious two-bedroom penthouse features a large southwest-facing terrace with triple-aspect views across the city. Situated behind Oxford Road Station, it’s just a short walk to the HOME arts centre, with both Piccadilly Station and the St Peter’s Square Metrolink stop also nearby.

One of only two apartments on the top floor, this bright and generous property includes an entrance hallway, a large open-plan living, dining, and kitchen area (over 41 feet long), a main bedroom with dressing area and en-suite, a second double bedroom, and a main bathroom. The apartment also comes with two secure parking spaces.

Given the sizeable accommodation on almost 1400sqft this property is also suitable for owner occupiers looking to create a truly spectacular living space both inside & out due to the large sun terrace.

Subject to contract. EPC Rating - D

Listed by

Manchester Southern Gateway

The Lomond Group

Reference: 160838300

EPC ratings on this postcode

We don't have a matched EPC for this property yet. Below are efficiency scores and details for other addresses on this postcode.

Address Current Potential Floor area Age band Type
Apartment 226, The Quadrangle, 1 Lower Ormond Street, MANCHESTER 67 78 128 m² England and Wales: 2003-2006 Flat

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

Floorplan

EPC Graphs

EPC Rating Graph

EPC Rating Graph

Price history

-6% since 2018

Event Date Price % change
Sold 05/12/2025 (6 months ago) £410,000 -5.7%
Sold 11/10/2018 (7 years ago) £435,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
LOCKES YARD, 4 APARTMENT 8 GREAT MARLBOROUGH STREET, MANCHESTER, GREATER MANCHESTER, M1 5AL £272,000 31/10/2025 Flat
THE QUADRANGLE, 1 APARTMENT 125 LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER, M1 5QD £225,000 19/12/2023 Flat
THE QUADRANGLE, 1 APARTMENT 156 LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER, M1 5QE £218,500 31/08/2023 Flat
THE QUADRANGLE, 1 APARTMENT 16 LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER, M1 5QF £151,069 19/07/2023 Flat
THE QUADRANGLE, 1 APARTMENT 121 LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER, M1 5QD £151,069 15/07/2023 Flat
THE QUADRANGLE, 1 APARTMENT 144 LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER, M1 5QD £190,000 19/05/2023 Flat
THE QUADRANGLE, 1 APARTMENT 52 LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER, M1 5QD £180,000 14/03/2023 Flat
THE QUADRANGLE, 1 APARTMENT 201 LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER, M1 5QE £317,500 28/02/2023 Flat
LINCOLN PLACE, 7 APARTMENT 6 HULME STREET, MANCHESTER, GREATER MANCHESTER, M1 5GL £190,250 09/12/2022 Flat
1 APARTMENT 6 RIVER STREET, MANCHESTER, GREATER MANCHESTER, M1 5BB £233,000 23/11/2022 Flat
THE QUADRANGLE, 1 APARTMENT 5 LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER, M1 5QF £300,000 11/11/2022 Flat
LOCKES YARD APARTMENT 34 GREAT MARLBOROUGH STREET, MANCHESTER, GREATER MANCHESTER, M1 5AL £211,500 10/11/2022 Flat
THE QUADRANGLE, 1 APARTMENT 90 LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER, M1 5QD £237,000 04/11/2022 Flat
LINCOLN PLACE, 7 APARTMENT 16 HULME STREET, MANCHESTER, GREATER MANCHESTER, M1 5GL £190,000 15/07/2022 Flat
LINCOLN PLACE, 7 APARTMENT 14 HULME STREET, MANCHESTER, GREATER MANCHESTER, M1 5GL £130,000 17/06/2022 Flat
OXFORD PLACE, 7 FLAT 22 OXFORD ROAD, MANCHESTER, GREATER MANCHESTER, M1 6EY £395,500 10/06/2022 Flat
LOCKES YARD, 4 APARTMENT 28 GREAT MARLBOROUGH STREET, MANCHESTER, GREATER MANCHESTER, M1 5AL £214,000 01/06/2022 Flat
LINCOLN PLACE, 7 APARTMENT 23 HULME STREET, MANCHESTER, GREATER MANCHESTER, M1 5GL £220,000 03/05/2022 Flat
SALLYS YARD, 9 FLAT 8 HULME STREET, MANCHESTER, GREATER MANCHESTER, M1 5GL £155,000 14/04/2022 Flat
1 APARTMENT 1 RIVER STREET, MANCHESTER, GREATER MANCHESTER, M1 5BB £180,000 18/03/2022 Flat

Area average: £218,069 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -5.6%
10y growth 30.8%

House Price Index (HM Land Registry — official index, not sold-price averages): Manchester. Series: Flats and maisonettes. As of March 2026.

1y (index) -1.4%
5y (index) 9.1%
10y (index) 58.9%

Rental Range

Estimated market rent for Manchester. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,214/mo
Realistic £1,349/mo
Optimistic £1,484/mo

Based on Local Authority from postcode lookup → Manchester.

LHA (30th percentile) floor for West Pennine: £449/mo (Apr 2025 – Mar 2026)

Location

Address

Chester Street

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Shop Ivy Nails 0.0 miles
Shop Manchester Souvenirs & Convenience 0.0 miles
Bus stop Chester Street/Oxford Road 0.0 miles
Bus stop Manchester City Centre, Oxford Road / Chester Street (Stop C) 0.0 miles
Train station Manchester Oxford Road 0.1 miles
University Manchester School of Art 0.3 miles
University UCEN Manchester (Shena Simon Campus) 0.4 miles
Train station Deansgate 0.5 miles
Hospital The Ailsa Craig Medical Practise 1.8 miles
Hospital Shiv Lodge Medical Centre 1.9 miles

Street-level crime

Category Count
Violence and sexual offences 3
Other crime 1
Other theft 1
Total incidents 5

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
The Manchester Metropolitan University Other 0.1 miles (No rating)
Royal Northern College of Music Other 0.3 miles (No rating)
St Philip's Church of England Primary School Primary 0.3 miles Good — 5 Feb 2014
University of Manchester Other 0.4 miles (No rating)
Martenscroft Nursery School & Children's Centre Nursery 0.4 miles Outstanding — 22 Jul 2024

Rental Comparables

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Rent-driven metrics

Based on Area rent estimate.

Rent ratio 0.31%
Max investor price (0.8%) £168,625
Target investor price (1%) £134,900
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).

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