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

Among the 65 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 February, even if the sales were conducted earlier.

10. £11,000 (16%) below asking – Birch Lane, Rusholme

Featuring one bedroom and one bathroom and a D energy efficiency rating, this flat at Birch Lane in Rusholme, has been purchased. Originally listed for £69,000, it sold at £58,000 after a 16% reduction in price after it had been on the market for 21 days. The transfer of ownership was completed on 23 January. The home has a living area of 301 sqft and the eventual price per sqft was £193.

9. £12,500 (9%) below asking – Beamsley Drive, Woodhouse Park

Listed at £137,500, this detached house at Beamsley Drive in Woodhouse Park settled at £125,000 after four months and 24 days on the market, reflecting a 9% price reduction. Spanning 567 sqft, the property’s price per sqft was £220. With two bedrooms and one bathroom and a D energy efficiency rating, the transfer of ownership was completed on 15 December.

8. £14,950 (3%) below asking – Watson Street, Deansgate

A flat at Watson Street in Deansgate also has new owners. Initially listed for £499,950, it settled at £485,000, marking a 3% price reduction to reach its eventual selling price. It was on the market for six months and 19 days. Covering 970 sqft, the property’s price per sqft ended up at £500. The property consists of two bedrooms and two bathrooms, and the building has an energy efficiency rating of D. The sale was settled on 16 December.

7. £15,000 (6%) below asking – Worsley Street, Hulme

With two bedrooms and one bathroom and a C energy efficiency rating, this flat at Worsley Street in Hulme, changed hands. Originally listed for £245,000, it sold at £230,000 after a 6% reduction in price after it had been on the market for seven months and 20 days. The transfer of ownership was completed on 15 December. The home has a living area of 721 sqft and the eventual price per sqft was £319.

6. £15,000 (7%) below asking – Jordan Street, Deansgate

This flat at Jordan Street in Deansgate has new owners. It was initially listed for £225,000 and settled at £210,000 after it had been on the market for one month and 12 days, undergoing a 7% price reduction to reach its eventual selling price. The living area totals 516 sqft and the price per sqft ended up at £407. The property offers two bedrooms and two bathrooms and the energy efficiency of the building is rated D. The sale was finalised on 19 December.

5. £19,500 (8%) below asking – New Century Park, Cheetham

The sale of a flat in New Century Park in Cheetham was finalised on January 16. It was originally listed for £249,500 and was sold for £230,000 after it had been on the market for one month and seven days, displaying a 8% price reduction. The home has a living area of 430 sqft and the price per sqft settled at £535. The property comprises two bedrooms and two bathrooms, and the building holds a C energy efficiency rating.

4. £20,000 (4%) below asking – Houseman Crescent, Didsbury West

The sale of a flat in Houseman Crescent in Didsbury West was finalised on December 18. It was originally listed for £490,000 and was sold for £470,000 after it had been on the market for one month and 18 days, displaying a 4% price reduction. The home has a living area of 1,199 sqft and the price per sqft settled at £392. The property has three bedrooms and three bathrooms and the energy efficiency of the building is rated D.

3. £23,000 (11%) below asking – Store Street, Piccadilly

Featuring one bedroom and one bathroom and a B energy efficiency rating, this flat at Store Street in Piccadilly, changed hands. Originally listed for £218,000, it sold at £195,000 after a 11% reduction in price. The transfer of ownership was completed on 16 December. The home has a living area of 504 sqft and the eventual price per sqft was £387.

2. £26,000 (11%) below asking – Potato Wharf, Deansgate

A flat in Potato Wharf in Deansgate also has new owners. Initially listed for £230,000, it settled at £204,000, marking a 11% price reduction to reach its eventual selling price. It remained on the market for a duration of four months and four days. Covering 709 sqft, the property’s price per sqft ended up at £288. The property comprises two bedrooms and two bathrooms, and the building holds a B energy efficiency rating. The sale was completed on 14 January.

1. £84,500 (14%) below asking – St Marys Parsonage, Deansgate

This flat in St Marys Parsonage in Deansgate has new owners. It was initially listed for £600,000 and settled at £515,500 after it had been on the market for two months and 10 days, undergoing a 14% price reduction to reach its eventual selling price. The living area totals 1,326 sqft and the price per sqft ended up at £389. The property offers three bedrooms and two bathrooms and the energy efficiency of the building is rated D. The sale was settled on 5 January.