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

Among the 87 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 in the list below concern flats, where the deeds were filed with the Land Registry during the month of January, even if the properties may have been sold earlier.

10. £10,000 (3%) below asking – Owen Street, Deansgate

Featuring two bedrooms and two bathrooms and a B energy efficiency rating, this flat at 9 Owen Street in the M15 postcode area, has been purchased. Originally listed for £310,000, it sold at £300,000 after a 3% reduction in price after it had been on the market for four months and 20 days. The transfer of ownership was completed on 21 November. The home has a living area of 527 sqft and the eventual price per sqft was £569.

9. £10,000 (3%) below asking – Tib Street, Piccadilly

With two bedrooms and two bathrooms and a C energy efficiency rating, this flat in Smithfield Buildings, 44 Tib Street in the M4 postcode area, changed hands. Originally listed for £300,000, it sold at £290,000 after a 3% reduction in price after it had been on the market for four months and 20 days. The transfer of ownership was completed on 28 November. The home has a living area of 1,065 sqft and the eventual price per sqft was £272.

8. £11,000 (8%) below asking – Waterloo Road, Cheetham

This flat at 93 Waterloo Road in the M8 postcode area has new owners. It was initially listed for £145,000 and settled at £134,000 after it had been on the market for one month and 26 days, undergoing a 8% price reduction to reach its eventual selling price. The living area totals 645 sqft and the price per sqft ended up at £208. The property consists of three bedrooms and two bathrooms, and the building has an energy efficiency rating of C. The sale was completed on 3 December.

7. £12,000 (3%) below asking – Chester Road, Deansgate

A flat at 141 Chester Road in the M15 postcode area also has new owners. Initially listed for £369,000, it settled at £357,000, marking a 3% price reduction to reach its eventual selling price. It was on the market for 11 months and two days. Covering 796 sqft, the property’s price per sqft ended up at £448. The property has two bedrooms and two bathrooms and the energy efficiency of the building is rated B. The sale was completed on 2 December.

6. £12,000 (5%) below asking – School Lane, Didsbury East

Listed at £235,000, this detached house at 126 School Lane in the M20 postcode area settled at £223,000 after seven days on the market, reflecting a 5% price reduction. Spanning 753 sqft, the property’s price per sqft was £296. Featuring two bedrooms and one bathroom and a C energy efficiency rating, the transfer of ownership was completed on 18 December.

5. £15,000 (5%) below asking – Aspin Lane, Piccadilly

The sale of a flat at 21 Aspin Lane in the M4 postcode area was finalised on December 19. It was originally listed for £310,000 and was sold for £295,000 after it had been on the market for four months and 26 days, displaying a 5% price reduction. The home has a living area of 775 sqft and the price per sqft settled at £381. The property comprises two bedrooms and two bathrooms, and the building holds a B energy efficiency rating.

4. £15,000 (5%) below asking – Little John Street, Deansgate

A flat at 2 Little John Street in the M3 postcode area also has new owners. Initially listed for £300,000, it settled at £285,000, marking a 5% price reduction to reach its eventual selling price. It remained on the market for a duration of three months and 13 days. Covering 613 sqft, the property’s price per sqft ended up at £465. The property offers two bedrooms and two bathrooms and the energy efficiency of the building is rated C. The sale was settled on 10 December.

3. £15,000 (6%) below asking – Lakeside Rise, Higher Blackley

With three bedrooms and two bathrooms and a C energy efficiency rating, this flat at 12 Lakeside Rise in the M9 postcode area, changed hands. Originally listed for £240,000, it sold at £225,000 after a 6% reduction in price after it had been on the market for 29 days. The transfer of ownership was completed on 20 November. The home has a living area of 818 sqft and the eventual price per sqft was £275.

2. £20,000 (9%) below asking – Summerfield Court, Edge Lane, Chorlton

This flat in Summerfield Court, Edge Lane in the M21 postcode area has new owners. It was initially listed for £220,000 and settled at £200,000 after it had been on the market for one month and 13 days, undergoing a 9% price reduction to reach its eventual selling price. The living area totals 473 sqft and the price per sqft ended up at £423. The property consists of two bedrooms and one bathroom, and the building has an energy efficiency rating of D. The sale was settled on 17 December.

1. £65,000 (14%) below asking – Bengal Street, Ancoats & Beswick

Listed at £450,000, this detached house at 19, Murrays Mills, 50 Bengal Street in the M4 postcode area settled at £385,000 after one month and 19 days on the market, reflecting a 14% price reduction. Spanning 1,323 sqft, the property’s price per sqft was £291. With three bedrooms and two bathrooms and a C energy efficiency rating, the transfer of ownership was completed on 9 December.