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2 Bed Flat, Single Let, Manchester, M19 2HF, £149,950

Rushford Avenue, Levenshulme, Manchester, M19 2HF - 2 views - 2 years ago

Sold STC
Leasehold
BTL
ROI: 2%
~68 m²

ValuationUndervalued

Sold Prices£70K - £250K
Sold Prices/m²£2.2K/m² - £3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£155,471
BMV4%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,488

Stamp Duty & Legal Fees

£5,699

Total Cash In

£43,186

 

 

Cash Out

 

Rent Range

£699 - £1,358

Rent Estimate

£717

Running Costs/mo

£632

Cashflow/mo

£85

Cashflow/yr

£1,020

ROI

2%

Gross Yield

6%

Local Sold Prices

27 sold prices from £70K to £250K, average is £157.5K. £2.2K/m² to £3K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£123K03/230.04 miFlat 28, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£135K04/220.05 miFlat 36, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£130K03/230.07 miFlat 4, Park Lodge, Park Avenue, Levenshulme, Manchester, Greater Manchester M19 2EE2
£70K03/230.58 miFlat 246, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£71.5K10/200.58 miFlat 232, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£85K09/220.58 miFlat 231, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£80K03/210.58 miFlat 238, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£103K11/200.64 mi32, Totland Close, Manchester, Greater Manchester M12 5RY2
£145K06/220.8 mi2, Higher Meadows, Levenshulme, Manchester, Greater Manchester M19 3BQ2
£75K02/230.88 mi5, Moorton Avenue, Manchester, Greater Manchester M19 2NQ2
£165K05/210.91 miFlat 95, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HG2
£155K10/210.92 miFlat 65, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£125K06/230.92 miFlat 12, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£168.8K11/220.92 miFlat 26, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£187.5K12/220.92 miFlat 18, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£203K12/220.92 miFlat 68, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£170K01/230.93 mi90, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£172.5K12/220.94 mi62, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£160K02/210.94 mi14, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K04/230.94 mi84, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£175.5K03/230.94 mi60, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£172K03/230.94 mi4, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£171K06/230.94 mi36, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K08/230.94 mi92, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£250K12/220.94 miFlat 56, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HY2
£185K12/220.97 miFlat 46, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£142K10/210.98 mi146a, Burnage Lane, Manchester, Greater Manchester M19 1EF2

Local Rents

50 rents from £699/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,05004/250.22 mi-2
£1,00005/240.25 miAgnes Street, Levenshulme, Manchester, M192
£97512/240.25 mi-2
£1,09506/240.25 miDelafield Avenue, Manchester, M122
£1,27505/240.25 miAlbert Road, Manchester, Greater Manchester, M192
£85005/240.26 mi4 Farmside Place, Levenshulme2
£1,32505/240.26 miAlbert Road, Levenshulme, M19 2FP2
£1,00006/240.27 mi-2
£77512/240.27 mi-2
£77512/240.27 mi-2
£69912/240.27 mi-2
£69912/240.27 mi-2
£85012/240.27 mi-2
£80012/240.27 mi-2
£69912/240.27 mi-2
£69912/240.27 mi-2
£1,20002/250.27 mi-2
£1,20012/240.27 mi-2
£1,20012/240.27 mi-2
£1,20001/250.27 mi-2
£69912/240.28 mi-2
£77504/250.28 mi-2
£95005/240.28 mi1 Kingsway, Manchester, M192
£1,09505/240.3 miDamien Street, Manchester, M122
£1,25005/240.32 mi-2
£1,25012/240.32 mi-2
£1,00003/250.37 mi-2
£72012/240.41 mi-2
£72012/240.41 mi-2
£1,09504/250.42 mi-2
£1,09502/240.45 mi-2
£1,00002/250.45 mi-2
£1,09505/240.45 miRatcliffe Street, Manchester, M192
£1,20002/250.46 mi-2
£1,00002/250.47 mi-2
£1,19505/240.47 miBickerdike Avenue, Manchester, M122
£1,35812/240.5 mi-2
£1,20005/240.51 miGrasmere Street, Longsight2
£99505/240.51 miGuildford Road, Levenshulme2
£99505/240.51 miGrasmere Street, Longsight, Manchester, M122
£1,09506/240.52 miGrasmere Street, Manchester, M122
£1,05005/240.52 miGrasmere Street, Manchester, M122
£1,09505/240.53 miSantley Street, Manchester, M122
£1,20005/240.54 miManor Road, Manchester2
£1,00012/240.56 mi-2
£1,10001/240.56 mi-2
£1,10002/250.57 mi-2
£1,05005/240.58 miSherrington Street, Manchester, Greater Manchester, M122
£1,10004/250.58 mi-2
£1,15012/240.58 mi-2

Links

Local Area Statistics

Population in M19

34,838

Population in Manchester

920,095

Town centre distance

2.30 miles away

Nearest school

0.30 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £149,950

November 3, 2022

Description

  • Two large double bedrooms +
  • Spacious Apartment +
  • Fully Furnished +
  • Garage included +
  • Currently let at £1,040 per month +
  • Council tax band A +

Let for £1,040 per month until 30.06.2024 and £1,213.33 per month from 01.07.2024 to 30.06.2025.

We are pleased to offer for sale a lovely light and spacious two bedroomed apartment, situated on the top floor of this purpose built block set in a quiet leafy location with well tended communal gardens and secure garage.

The flat comprises of; spacious entrance hall, a lounge with dining area including a dining table and chairs, two double bedrooms, a fitted kitchen with dishwasher, washing machine and dryer and a large attractive bathroom with a bath and separate enclosed shower cubicle.

Council tax band A
Leasehold 999 years from 29 September 1975
Service charge £161 per month

Agent Details

Townhouse, Manchester

0161 401 1788

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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