4 Bed Semi-Detached House, Single Let, Manchester, M35 9HT, £405,000

8 Hampton Road, Failsworth - 2 years ago

BTL
93 m²
+10 photos

ValuationOvervalued

Sold Prices£160K - £650K
Sold Prices/m²£1.6K/m² - £5.8K/m²

 

 

Square Metres

93 m²
Price/m²£4.4K/m²

Value Estimate

£263,091

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£101,250

Stamp Duty & Legal Fees

£29,200

Total Cash In

£130,450

 

 

Cash Out

 

Rent Range

£995 - £3,000

Rent Estimate

£1,031

Running Costs/mo

£1,492

Cashflow/mo

£-461

Cashflow/yr

£-5,530

Gross Yield

3%

Local Sold Prices

50 sold prices from £160K to £650K, average is £328.8K. £1.6K/m² to £5.8K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£365K07/230 mi6, Hampton Road, Failsworth, Manchester, Greater Manchester M35 9HT4
£235K04/210.07 mi3, Mayfair Crescent, Failsworth, Manchester, Greater Manchester M35 9HY4
£238K06/210.1 mi33, Richmond Road, Failsworth, Manchester, Greater Manchester M35 9HZ4
£160K04/230.13 mi66, Westminster Road, Failsworth, Manchester, Greater Manchester M35 9HW4
£280K10/200.15 mi2, Tavern Court Avenue, Failsworth, Manchester, Greater Manchester M35 9WT4
£250K02/210.22 mi49, Landsberg Road, Failsworth, Manchester, Greater Manchester M35 9LR4
£235K10/200.23 mi23, Grimshaw Avenue, Failsworth, Manchester, Greater Manchester M35 9JT4
£265K02/210.23 mi8, Grimshaw Avenue, Failsworth, Manchester, Greater Manchester M35 9JT4
£425K08/220.24 mi9, Langton Close, Failsworth, Manchester, Greater Manchester M35 9UJ4
£375K07/220.26 mi14, Langton Close, Failsworth, Manchester, Greater Manchester M35 9UJ4
£382K09/210.26 mi5, Stockburn Drive, Failsworth, Manchester, Greater Manchester M35 9SD4
£370K02/210.26 mi1, Stockburn Drive, Failsworth, Manchester, Greater Manchester M35 9SD4
£385K12/200.26 mi9, Langton Close, Failsworth, Manchester, Greater Manchester M35 9UJ4
£320K02/210.27 mi3, Yewdale Drive, Failsworth, Manchester, Greater Manchester M35 9XE4
£320K02/210.27 mi3, Yewdale Drive, Failsworth, Manchester, Greater Manchester M35 9XE4
£372.5K02/210.28 mi3, Lime Lane, Failsworth, Manchester, Greater Manchester M35 9WA4
£373K02/230.28 mi5, Yewdale Drive, Failsworth, Manchester, Greater Manchester M35 9XE4
£382K09/210.28 mi5, Stockburn Drive, Failsworth, Manchester, Greater Manchester M35 9SD4
£377K05/220.29 mi3, Yewdale Drive, Failsworth, Manchester, Greater Manchester M35 9XE4
£360K03/220.29 mi11, New Oak Close, Failsworth, Manchester, Greater Manchester M35 9XD4
£425K06/220.32 mi7, Arkendale Close, Failsworth, Manchester, Greater Manchester M35 9AR4
£360K10/230.36 mi8, Whitewillow Close, Failsworth, Manchester, Greater Manchester M35 9GG4
£330K04/210.36 mi2, Whitewillow Close, Failsworth, Manchester, Greater Manchester M35 9GG4
£244.9K01/210.4 mi23, Mabel Road, Failsworth, Manchester, Greater Manchester M35 9EW4
£318K04/210.42 mi5, Silverbirch Way, Failsworth, Manchester, Greater Manchester M35 9NZ4
£310K10/200.42 mi22, Waterfield Way, Failsworth, Manchester, Greater Manchester M35 9GE4
£344.5K01/210.42 mi17, Waterfield Way, Failsworth, Manchester, Greater Manchester M35 9GE4
£350K09/210.47 mi2, Lane End Close, Failsworth, Manchester, Greater Manchester M35 9GS4
£350K09/210.47 mi2, Lane End Close, Failsworth, Manchester, Greater Manchester M35 9GS4
£181.5K06/230.51 mi661, Oldham Road, Failsworth, Manchester, Greater Manchester M35 9AS4
£599K08/220.51 mi80, Medlock Road, Failsworth, Manchester, Greater Manchester M35 9WN4
£470K03/210.52 mi5, Withins Hall Road, Failsworth, Manchester, Greater Manchester M35 9SA4
£265K05/230.53 mi100, Montgomery Street, Oldham, Greater Manchester OL8 3PS4
£350K01/210.56 mi136, Medlock Road, Failsworth, Manchester, Greater Manchester M35 9WP4
£425K10/220.57 mi28, Stamford Drive, Failsworth, Manchester, Greater Manchester M35 9WS4
£410K06/210.66 mi31, Leicester Road, Failsworth, Manchester, Greater Manchester M35 0GW4
£265K11/210.67 mi24, Day Drive, Failsworth, Manchester, Greater Manchester M35 0RY4
£205K12/200.73 mi6, Fox Park Road, Oldham, Greater Manchester OL8 3NB4
£400K01/230.8 mi43, Belgrave Road, Manchester, Greater Manchester M40 3SR4
£300K05/210.8 mi31, Belgrave Road, Manchester, Greater Manchester M40 3SR4
£260K04/210.81 mi9, Birch Avenue, Failsworth, Manchester, Greater Manchester M35 0SE4
£327.5K07/230.82 mi6, Chauncy Road, New Moston, Manchester, Greater Manchester M40 3QR4
£282.5K06/210.88 mi27, Thorn Avenue, Failsworth, Manchester, Greater Manchester M35 0WP4
£256K04/210.88 mi8, Dorset Road, Failsworth, Manchester, Greater Manchester M35 0NG4
£225K01/210.9 mi14, Devon Road, Failsworth, Manchester, Greater Manchester M35 0NR4
£650K08/220.93 miThe Barn, Medlock Hall, Daisy Nook, Failsworth, Manchester, Greater Manchester M35 9WJ4
£160K09/210.94 mi105, Elm Road, Oldham, Greater Manchester OL8 3LB4
£320K09/230.95 mi149, Moston Lane East, Manchester, Greater Manchester M40 3GJ4
£380K04/230.95 mi84, Somerset Road, Failsworth, Manchester, Greater Manchester M35 0WR4
£185K02/210.96 mi69, Dean Street, Failsworth, Manchester, Greater Manchester M35 0DQ4

Local Rents

38 rents from £995/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10008/240.1 miAshton Road East, Failsworth, Manchester3
£1,29503/250.13 mi-3
£1,10005/240.19 miGlenmore Drive, Failsworth3
£1,25003/250.24 mi-3
£1,20008/240.24 miAshton Road East, Manchester, M353
£1,20008/240.24 mi-3
£1,20002/250.26 mi-3
£1,25003/250.31 mi-3
£1,80007/240.35 miTatchbury Road, Failsworth, Manchester3
£1,80007/240.35 miTatchbury Road, Failsworth, Manchester3
£1,40005/240.36 miPaulden Drive, Manchester, M353
£1,40005/240.36 miPaulden Drive, Many, M353
£1,40006/240.36 mi-3
£1,40002/250.36 mi-3
£1,30002/250.36 mi-3
£1,30002/250.36 mi-3
£1,40008/240.37 miClifton Street, Failsworth, Manchester, Greater Manchester, M353
£1,20001/250.38 mi-3
£1,77503/250.38 mi-4
£1,27505/240.41 miByron Terrace, Partington Street, Failsworth3
£1,39805/240.42 miMarston Close, Failsworth, Manchester, Greater Manchester, M353
£1,30009/240.43 mi-3
£1,50005/240.47 miPole Lane, Failsworth3
£1,70006/240.47 mi-3
£1,15008/240.48 miMinor Street, Failsworth, Manchester, M35 9EL3
£1,30005/240.48 miMedlock Road, Woodhouses3
£99508/240.49 miPole Lane, Failsworth, Manchester3
£1,50006/240.49 miAshton Road, Failsworth, Manchester3
£1,05006/240.52 mi-3
£1,00006/240.53 mi-3
£1,09511/240.53 mi-3
£1,50005/240.54 mi-3
£1,80006/240.54 mi-4
£1,90003/250.54 mi-4
£1,80005/240.54 miHartshead Crescent, Manchester, M354
£1,50005/240.55 miDurham Crescent, Failsworth, Manchester3
£3,00011/240.6 mi-3
£2,50002/250.6 mi-3

Local Area Statistics

Population in M35

20,671

Population in Manchester

920,095

Town centre distance

5.80 miles away

Nearest school

0.20 miles away

Nearest train station

0.75 miles away

 

 

Rental growth (12m)

+90%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £405,000

October 7, 2022

Floor Plans

Description

Mixed use investment property and business for sale:

Situated in a popular and highly regarded residential location is this largely extended semi detached property which combines high quality living accommodation and a retail shop and business opportunity. Ideal for the owner-occupier or investor looking to generate multiple incomes, the property leads itself to subdivision or a purchaser looking for a business opportunity.

The Freehold property, comprises of recently renovated, immaculate residential accommodation which includes spacious living/dining area, fitted kitchen with separate utility room, 3 large double bedrooms and a single bedroom/office space plus family bathroom with separate shower and bath. The commercial aspect comprises of retail lock-up shop with own entrance, WC provisions and storeroom/kitchenette area.  The property also benefits from a garden area and off road parking/forecourt to the front which can be utilised by customers/delivery drivers/owners/tenants. .  

The news agency/convenience store was established approximately 40 years ago and has a turnover of circa £120,000/annum which could be expanded with a liquor licence or by extending the opening hours (S.A.V). All fixtures are included in the sale including shelving, fridges and CCTV Equipment. 

Room Measurements:

Shop - 23'7 x 12'0
Stock Room/Kitchenette - 11'9 x 5'10
Downstairs WC - 3'0 x 5'10
Living/Dining Area - 34'4 x 9'2 
Kitchen - 9'9 x 8'7
Utility Room - 6'6 x 7'11
Master Bedroom - 20'4 x 13'1
Bedroom 2 - 11'11 x 9'5
Bedroom 3  -11'11 x 9'5  
Bedroom 4/Office - 6'9 x 5'9
Bathroom - 8'11 x 8'9 

For further information and viewing requests please contact Kirkham Property. AGENTS NOTE Whilst every care has been taken to prepare these sales particulars they are for guidance purposes only. Potential buyers should fully investigate any issues that maybe personally important to them prior to completion. All measurements are approximate and are for general guidance purposes only and whilst every care has been taken to ensure their accuracy, they should not be relied upon and potential buyers are advised to recheck the measurements. Fixtures and Fittings stated as included in the property are based on achieving the asking price.

Agent Details

Kirkham Property, Chadderton

0161 524 9694

Next Steps?

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