# 2 bedroom flat for sale (M1 5QE) ## Property Details | Key | Value | |-----|-------| | Address | APARTMENT 226, THE QUADRANGLE, 1, LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER M1 5QE | | Price | £430,000 | | Bedrooms | 2 | | Bathrooms | 2 | | Council tax | TBC | | Last sold | £410,000 Dec 2025 | ## 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 ## Property Photos - ![Picture No. 99](/listings/photos/160838300/518295) - Picture No. 99 - ![Picture No. 87](/listings/photos/160838300/518296) - Picture No. 87 - ![Picture No. 75](/listings/photos/160838300/518297) - Picture No. 75 - ![Picture No. 04](/listings/photos/160838300/518298) - Picture No. 04 - ![Picture No. 98](/listings/photos/160838300/518299) - Picture No. 98 - ![Picture No. 02](/listings/photos/160838300/518300) - Picture No. 02 - ![Picture No. 91](/listings/photos/160838300/518301) - Picture No. 91 - ![Picture No. 85](/listings/photos/160838300/518302) - Picture No. 85 - ![Picture No. 76](/listings/photos/160838300/518303) - Picture No. 76 - ![Picture No. 96](/listings/photos/160838300/518304) - Picture No. 96 - ![Picture No. 92](/listings/photos/160838300/518305) - Picture No. 92 - ![Picture No. 79](/listings/photos/160838300/518306) - Picture No. 79 - ![Picture No. 83](/listings/photos/160838300/518307) - Picture No. 83 - ![Picture No. 01](/listings/photos/160838300/518308) - Picture No. 01 - ![Picture No. 08](/listings/photos/160838300/518309) - Picture No. 08 - ![Picture No. 82](/listings/photos/160838300/518311) - Picture No. 82 - ![Picture No. 95](/listings/photos/160838300/518313) - Picture No. 95 - ![Picture No. 80](/listings/photos/160838300/518314) - Picture No. 80 - ![Picture No. 78](/listings/photos/160838300/518317) - Picture No. 78 - ![Picture No. 97](/listings/photos/160838300/518318) - Picture No. 97 - ![Picture No. 88](/listings/photos/160838300/518320) - Picture No. 88 - ![Picture No. 77](/listings/photos/160838300/518323) - Picture No. 77 - ![Picture No. 81](/listings/photos/160838300/518324) - Picture No. 81 - ![Picture No. 84](/listings/photos/160838300/518327) - Picture No. 84 - ![Picture No. 89](/listings/photos/160838300/518328) - Picture No. 89 - ![Picture No. 74](/listings/photos/160838300/518330) - Picture No. 74 - ![Google Maps Image](/listings/photos/160838300/518331) - Google Maps Image ## Floorplans - ![Floorplan](/listings/photos/160838300/518332) - Floorplan ## EPC Graphs - ![EPC Rating Graph](/listings/photos/160838300/518334) - EPC Rating Graph ## Sales History *Recorded sales for this property. Data from Land Registry Price Paid.* | Address | Price | Date | Type | |---------|-------|------|------| | THE QUADRANGLE, 1 APARTMENT 226 LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER, M1 5QE | £410,000 | 05/12/2025 | Flat | | THE QUADRANGLE, 1 APARTMENT 226 LOWER ORMOND STREET, MANCHESTER, GREATER MANCHESTER, M1 5QE | £435,000 | 11/10/2018 | Flat | ## Sold Comparables *Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.* | 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) ## Price vs local average *Outcode + property type (HousePrices, last 2 years).* - **Local average:** £291,831 (53 Flat, M1, 2024–2026) - **Deviation:** +47.3% ## Rental Range *ONS Price Index of Private Rents (Manchester). Low / Realistic / Optimistic = conservative / average / best case.* - **Low:** £1,214/mo - **Realistic:** £1,349/mo - **Optimistic:** £1,484/mo ## LHA (Local Housing Allowance) *VOA 30th percentile rent floor for West Pennine (Apr 2025 – Mar 2026).* - **LHA floor (this property size):** £449/mo ## 1% Rule - **Rent ratio:** 0.31% (weak for cashflow) - **Max investor price (0.8%):** £168,625 - **Target investor price (1%):** £134,900 *Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on Area rent estimate.* ## Capital growth trend *Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.* - **5y growth:** -5.6% - **10y growth:** 30.8% ## House Price Index (HM Land Registry) *Official index for Manchester; Flats and maisonettes series; as of March 2026.* - **1y growth (index):** -1.4% - **5y growth (index):** 9.1% - **10y growth (index):** 58.9% ## Flood risk - **Zone:** 1 - **Risk:** Low - **Source:** Job (default Low) [Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)