Manchester’s real estate scene in May witnessed interesting transactions, notably homes that sold below their initial listing prices.

Among the 77 flats changing hands, a select few stood out for their significant price differences, offering buyers advantageous deals in the market. Here’s an exclusive look at the top 10 homes that fetched prices notably lower than their initial asking rates.

The properties listed below encompass flats, with their deeds filed with the Land Registry during the month of May, even if the sales were conducted earlier.

7. £5000 (2%) below asking – Dudley Road, Whalley Range

A flat at 30 Dudley Road in the M16 postcode area also has new owners. Initially listed for £275,000, it settled at £270,000, marking a 2% price reduction to reach its eventual selling price. It remained on the market for a duration of eight months and 14 days. Covering 581 sqft, the property’s price per sqft ended up at £465. The property has two bedrooms and one bathroom and the energy efficiency of the building is rated D. The sale was settled on 4 April.

6. £5000 (3%) below asking – Clothorn Road, Didsbury East

This flat in Souchay Court, 1 Clothorn Road in the M20 postcode area has new owners. It was initially listed for £175,000 and settled at £170,000 after it had been on the market for nine months and 14 days, undergoing a 3% price reduction to reach its eventual selling price. The living area totals 505 sqft and the price per sqft ended up at £337. The property consists of one bedroom and one bathroom, and the building has an energy efficiency rating of C. The sale was completed on 20 March.

5. £7000 (4%) below asking – Alexandra Road South, Whalley Range

Featuring two bedrooms and one bathroom and a C energy efficiency rating, this flat at Park Lodge, 7 – 9 Alexandra Road South in the M16 postcode area, changed hands. Originally listed for £200,000, it sold at £193,000 after a 4% reduction in price after it had been on the market for 21 days. The transfer of ownership was completed on 2 April. The home has a living area of 753 sqft and the eventual price per sqft was £256.

4. £10,000 (6%) below asking – Colin Murphy Road, Hulme

The sale of a flat at 9 Colin Murphy Road in the M15 postcode area was finalised on March 30. It was originally listed for £180,000 and was sold for £170,000, displaying a 6% price reduction. The home has a living area of 570 sqft and the price per sqft settled at £298. The property comprises three bedrooms and one bathroom, and the building holds a C energy efficiency rating.

3. £15,000 (7%) below asking – Advent Way, Ancoats & Beswick

Listed at £230,000, this detached house at 2 Advent Way in the M4 postcode area settled at £215,000 after 11 months and 17 days on the market, reflecting a 7% price reduction. Spanning 699 sqft, the property’s price per sqft was £308. With two bedrooms and two bathrooms and a C energy efficiency rating, the transfer of ownership was completed on 27 March.

2. £15,000 (7%) below asking – Princess Street, Piccadilly

With two bedrooms and two bathrooms and a D energy efficiency rating, this flat at 48 Princess Street in the M1 postcode area, changed hands. Originally listed for £225,000, it sold at £210,000 after a 7% reduction in price after it had been on the market for four months and 12 days. The transfer of ownership was completed on 30 March. The home has a living area of 667 sqft and the eventual price per sqft was £315.

1. £45,000 (13%) below asking – Ducie Street, Piccadilly

This flat at Junction Works, 40 Ducie Street in the M1 postcode area has new owners. It was initially listed for £350,000 and settled at £305,000 after it had been on the market for one month and 26 days, undergoing a 13% price reduction to reach its eventual selling price. The living area totals 914 sqft and the price per sqft ended up at £334. The property offers two bedrooms and one bathroom and the energy efficiency of the building is rated C. The sale was settled on 10 April.