2 Bed Flat, Single Let, Manchester, M15 4GT, £200,000





ValuationFair Value
Sold Prices | £102K - £430K |
Sold Prices/m² | £1.7K/m² - £4.4K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £2.9K/m² |
Value Estimate | £199,980£199,980 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £50,000£50,000 |
Stamp Duty & Legal Fees | £7,200£7,200 |
Total Cash In | £57,200£57,200 |
| |
Cash Out | |
Rent Range | £1,050 - £2,100£1,050 - £2,100 |
Rent Estimate | £1,200 |
Running Costs/mo | £885£885 |
Cashflow/mo | £315£315 |
Cashflow/yr | £3,780£3,780 |
ROI | 7%7% |
Gross Yield | 7%7% |
Local Sold Prices
50 sold prices from £102K to £430K, average is £163K. £1.7K/m² to £4.4K/m², average is £2.9K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£180K | 12/22 | 0.14 mi | Apartment 47, Slater House, Woden Street, Salford, Greater Manchester M5 4UE | - | - | 2 | Flat | |
£250K | 07/21 | 0.16 mi | Flat 301, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ | - | - | 2 | Flat | |
£260K | 06/23 | 0.16 mi | Flat 108, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ | - | - | 2 | Flat | |
£153K | 12/23 | 0.19 mi | Renolds House, Apartment 19, Everard Street, Salford, Greater Manchester M5 4UB | £2,550 | 60 | 2 | Flat | |
£114K | 11/23 | 0.19 mi | Apartment 1, Renolds House, Everard Street, Salford, Greater Manchester M5 4UB | - | - | 2 | Flat | |
£210K | 09/21 | 0.19 mi | Flat 202, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ | - | - | 2 | Flat | |
£173K | 11/21 | 0.21 mi | Apartment 72, Irwell Building, Derwent Street, Salford, Greater Manchester M5 4SS | £2,932 | 59 | 2 | Flat | |
£171.5K | 07/21 | 0.21 mi | Apartment 49, Irwell Building, Derwent Street, Salford, Greater Manchester M5 4SS | £2,858 | 60 | 2 | Flat | |
£130K | 01/21 | 0.23 mi | Flat 29, Thomas Court, Beattock Close, Manchester, Greater Manchester M15 4JA | £3,570 | 36 | 2 | Flat | |
£110K | 11/20 | 0.23 mi | Flat 41, Cassandra Court, Asgard Drive, Salford, Greater Manchester M5 4TW | £1,746 | 63 | 2 | Flat | |
£150K | 11/22 | 0.23 mi | Flat 42, Cassandra Court, Asgard Drive, Salford, Greater Manchester M5 4TW | - | - | 2 | Flat | |
£136.1K | 01/23 | 0.24 mi | Flat 66, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ | - | - | 2 | Flat | |
£138K | 03/23 | 0.24 mi | Flat 102, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ | - | - | 2 | Flat | |
£102K | 03/21 | 0.24 mi | Flat 101, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ | - | - | 2 | Flat | |
£138K | 07/23 | 0.24 mi | Flat 90, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ | - | - | 2 | Flat | |
£127.5K | 07/23 | 0.25 mi | Flat 11, Miranda Court, Asgard Drive, Salford, Greater Manchester M5 4TN | - | - | 2 | Flat | |
£130K | 05/23 | 0.25 mi | Flat 2, Miranda Court, Asgard Drive, Salford, Greater Manchester M5 4TN | - | - | 2 | Flat | |
£128K | 02/21 | 0.25 mi | Flat 19, Miranda Court, Asgard Drive, Salford, Greater Manchester M5 4TN | - | - | 2 | Flat | |
£400K | 04/21 | 0.33 mi | Apartment 310, Middle Warehouse, Castle Quay, Manchester, Greater Manchester M15 4NT | - | - | 2 | Flat | |
£350K | 04/21 | 0.33 mi | Apartment 301, Middle Warehouse, Castle Quay, Manchester, Greater Manchester M15 4NT | - | - | 2 | Flat | |
£430K | 01/23 | 0.33 mi | Suite 509, Middle Warehouse, Castle Quay, Manchester, Greater Manchester M15 4NT | - | - | 2 | Flat | |
£215K | 12/22 | 0.34 mi | 326, City Road, Manchester, Greater Manchester M15 4FA | £3,209 | 67 | 2 | Flat | |
£230K | 08/21 | 0.37 mi | 32, Potato Wharf, Manchester, Greater Manchester M3 4NB | £3,829 | 60 | 2 | Flat | |
£212K | 09/21 | 0.37 mi | 28, Potato Wharf, Manchester, Greater Manchester M3 4NB | - | - | 2 | Flat | |
£210K | 03/21 | 0.38 mi | 19, Woollam Place, Manchester, Greater Manchester M3 4JJ | £3,591 | 58 | 2 | Flat | |
£148K | 05/21 | 0.41 mi | 94, Jackson Crescent, Manchester, Greater Manchester M15 5AA | £2,596 | 57 | 2 | Flat | |
£172.5K | 06/23 | 0.41 mi | 94, Jackson Crescent, Manchester, Greater Manchester M15 5AA | £3,026 | 57 | 2 | Flat | |
£173.5K | 12/22 | 0.41 mi | 86, Jackson Crescent, Manchester, Greater Manchester M15 5AA | £3,044 | 57 | 2 | Flat | |
£240K | 04/21 | 0.41 mi | 127f, Liverpool Road, Manchester, Greater Manchester M3 4JN | £4,138 | 58 | 2 | Flat | |
£208K | 02/21 | 0.41 mi | 133d, Liverpool Road, Manchester, Greater Manchester M3 4JN | £3,925 | 53 | 2 | Flat | |
£170K | 12/22 | 0.42 mi | 44, Jackson Crescent, Manchester, Greater Manchester M15 5AA | £2,936 | 58 | 2 | Flat | |
£172K | 03/24 | 0.45 mi | 7, St Wilfrids Street, Manchester, Greater Manchester M15 5XE | £3,266 | 53 | 2 | Flat | |
£157.5K | 04/21 | 0.51 mi | 15, Shawgreen Close, Manchester, Greater Manchester M15 4DR | £2,074 | 76 | 2 | Flat | |
£138K | 07/21 | 0.52 mi | 324a, Stretford Road, Manchester, Greater Manchester M15 5TP | £2,556 | 54 | 2 | Flat | |
£122.5K | 05/21 | 0.53 mi | 377a, Stretford Road, Manchester, Greater Manchester M15 4AW | £2,207 | 56 | 2 | Flat | |
£155K | 09/20 | 0.54 mi | 37, Greenwood Terrace, Salford, Greater Manchester M5 3GH | £2,464 | 63 | 2 | Flat | |
£153.5K | 03/21 | 0.54 mi | 41, Greenwood Terrace, Salford, Greater Manchester M5 3GH | £2,440 | 63 | 2 | Flat | |
£137K | 08/21 | 0.55 mi | 28, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4AU | £2,446 | 56 | 2 | Flat | |
£142K | 05/21 | 0.55 mi | 56, Chorlton Road, Manchester, Greater Manchester M15 4AU | £1,919 | 74 | 2 | Flat | |
£137.5K | 11/20 | 0.55 mi | 60, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4AU | £2,371 | 58 | 2 | Flat | |
£220K | 06/21 | 0.56 mi | 29, Rozel Square, Manchester, Greater Manchester M3 4FQ | £4,284 | 51 | 2 | Flat | |
£160K | 08/23 | 0.56 mi | 1d, Rolls Crescent, Manchester, Greater Manchester M15 5JZ | £2,963 | 54 | 2 | Flat | |
£142K | 05/21 | 0.57 mi | 56, Chorlton Road, Manchester, Greater Manchester M15 4AU | £1,919 | 74 | 2 | Flat | |
£165K | 06/23 | 0.57 mi | 296b, Stretford Road, Manchester, Greater Manchester M15 5TN | £2,619 | 63 | 2 | Flat | |
£277K | 07/21 | 0.58 mi | 1, Culvercliffe Walk, Manchester, Greater Manchester M3 4FL | £4,123 | 67 | 2 | Flat | |
£294K | 12/20 | 0.58 mi | 11, Culvercliff Walk, Manchester, Greater Manchester M3 4FL | £4,361 | 67 | 2 | Flat | |
£285K | 06/21 | 0.58 mi | 28, Porchfield Square, Manchester, Greater Manchester M3 4FG | £4,279 | 67 | 2 | Flat | |
£157.5K | 05/23 | 0.59 mi | 22, Yew Street, Hulme, Manchester, Greater Manchester M15 5YW | £2,582 | 61 | 2 | Flat | |
£161K | 02/24 | 0.63 mi | 104, Royce Road, Hulme, Manchester, Greater Manchester M15 5LA | £3,220 | 50 | 2 | Flat | |
£170K | 02/23 | 0.64 mi | 17, Radclyffe Mews, Salford, Greater Manchester M5 3GD | £2,982 | 57 | 2 | Flat |
Local Rents
50 rents from £1.1K/mo to £2.1K/mo, average is £1.3K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,100 | 06/24 | 0 mi | Kelso Place, Castlefield, Manchester, M15 | 2 | Flat | |
£1,250 | 03/25 | 0 mi | - | 2 | Flat | |
£1,125 | 03/25 | 0 mi | - | 2 | Flat | |
£1,100 | 05/24 | 0 mi | St Georges Island, Kelso Place, M15 4GT | 2 | Flat | |
£1,300 | 05/24 | 0.01 mi | - | 2 | Flat | |
£1,300 | 05/24 | 0.01 mi | 4 Kelso Place, St Georges Island, Castlefield | 2 | Flat | |
£1,250 | 12/24 | 0.01 mi | - | 2 | Flat | |
£1,250 | 05/24 | 0.01 mi | St Georges Island, 2 Kelso Place, Castlefield | 2 | Flat | |
£1,150 | 05/24 | 0.02 mi | St Georges Island, 3 Kelso Place, Manchester City Centre, Manchester, M15 | 2 | Flat | |
£1,350 | 05/24 | 0.02 mi | Excelsior Works, Castlefield | 2 | Flat | |
£1,195 | 05/24 | 0.03 mi | St. Georges Island, Kelso Place, Castlefield, Manchester, M15 | 2 | Flat | |
£1,150 | 05/24 | 0.03 mi | Kelso Place, Manchester, M15 | 2 | Flat | |
£1,300 | 12/24 | 0.03 mi | - | 2 | Flat | |
£1,430 | 03/25 | 0.03 mi | - | 2 | Flat | |
£1,200 | 05/24 | 0.03 mi | - | 2 | Flat | |
£1,200 | 05/24 | 0.03 mi | Kelso Place, Manchester, M15 | 2 | Flat | |
£1,195 | 05/24 | 0.03 mi | St Georges Island Block 3, 3 Kelsoe Place, Castlefield, Manchester City Center, M15 | 2 | Flat | |
£1,100 | 05/24 | 0.03 mi | St Georges Island, 4 Kelsoe Place, Manchester, M15 | 2 | Flat | |
£1,125 | 05/24 | 0.03 mi | St Georges Island, 4 Kelso Place, Manchester City Centre, M15 | 2 | Flat | |
£1,100 | 05/24 | 0.03 mi | St Georges Island, 4 Kelsoe Place, Manchester City Centre, M15 | 2 | Flat | |
£1,050 | 06/24 | 0.03 mi | St Georges Island, 4 Kelso Place, Manchester City Centre, M15 | 2 | Flat | |
£1,200 | 05/24 | 0.03 mi | St Georges Island, 3 Kelso Place, Castlefield, Manchester, M15 | 2 | Flat | |
£1,350 | 05/24 | 0.04 mi | St Georges Island , 2 Kelso Place , Manchester | 2 | Flat | |
£1,175 | 05/24 | 0.04 mi | St Georges Island, 5 Kelso Place, Castlefield, Manchester, M15 | 2 | Flat | |
£1,500 | 05/24 | 0.04 mi | Kelso Place, Manchester, Greater Manchester, M15 | 2 | Flat | |
£1,295 | 05/24 | 0.04 mi | - | 2 | Flat | |
£1,295 | 05/24 | 0.04 mi | Britannia Mills, Manchester, M15 | 2 | Flat | |
£1,495 | 05/24 | 0.05 mi | Albert Mill, 50 Ellesmere Street, Castlefield | 2 | Flat | |
£1,550 | 06/24 | 0.05 mi | Britannia Mills, 11 Hulme Hall Road, Castlefield | 2 | Flat | |
£1,295 | 03/25 | 0.05 mi | - | 2 | Flat | |
£1,600 | 03/25 | 0.05 mi | - | 2 | Flat | |
£1,550 | 02/25 | 0.05 mi | - | 2 | Flat | |
£1,499 | 06/24 | 0.05 mi | Excelsior works, Hulme Hall Road, Manchester | 2 | Flat | |
£1,300 | 05/24 | 0.05 mi | St Georges Island, 2 Kelso Place, Castlefield, Manchester, M15 | 2 | Flat | |
£1,395 | 05/24 | 0.06 mi | St Georges Island, 2 Kelso Place, Castlefield, Manchester, M15 | 2 | Flat | |
£1,395 | 05/24 | 0.06 mi | Kelso Place, Manchester, Greater Manchester, M15 | 2 | Flat | |
£1,500 | 05/24 | 0.08 mi | Excelsior Works, Hulme Hall Road, Manchester | 2 | Flat | |
£1,350 | 05/24 | 0.08 mi | Hulme Hall Road, Manchester, Greater Manchester, M15 | 2 | Flat | |
£1,300 | 05/24 | 0.08 mi | Excelsior Works, Hulme Hall Road, Manchester | 2 | Flat | |
£1,595 | 05/24 | 0.08 mi | Excelsior Works, Castlefield, Manchester | 2 | Flat | |
£1,400 | 06/24 | 0.08 mi | Excelsior Works, Hulme Hall Road, Manchester | 2 | Flat | |
£1,550 | 06/24 | 0.08 mi | Excelsior Works, Hulme Hall Road, Manchester | 2 | Flat | |
£1,400 | 06/24 | 0.08 mi | Hulme Hall Road, Castlefield | 2 | Flat | |
£1,150 | 05/24 | 0.08 mi | Lake House, 66 Ellesmere Street, Castlefield, Manchester, M15 | 2 | Flat | |
£1,400 | 06/24 | 0.09 mi | Downtown (Block A) 9 Woden Street, Salford | 2 | Flat | |
£1,200 | 05/24 | 0.09 mi | Mere House, Castlefield Locks, Ellesmere Street, Castlefield | 2 | Flat | |
£2,100 | 01/25 | 0.09 mi | Albert Mill, 50 Ellesmere Street, Castlefield, Manchester, M15 4JY | 2 | Flat | |
£1,325 | 05/24 | 0.09 mi | Downtown, 9 Woden Street, Salford | 2 | Flat | |
£1,300 | 06/24 | 0.09 mi | Downtown, 9 Woden Street, Salford | 2 | Flat | |
£1,150 | 05/24 | 0.09 mi | Burton Place, Castlefield, Manchester, M15 | 2 | Flat |
Local Area Statistics
Population in M15 | 20,05020,050 |
Population in Manchester | 920,095920,095 |
Town centre distance | 1.29 miles away1.29 miles away |
Nearest school | 0.40 miles away0.40 miles away |
Nearest train station | 0.22 miles away0.22 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +14%+14% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +39%+39% |
Property History
Listed for £200,000
July 18, 2023
Description
- Well-Presented Ground Floor Apartment +
- Offered with No Onward Chain - Ready to Move In or Let +
- Two Double Bedrooms +
- Dual Aspect Open Plan Living Space +
- Modern Kitchen with Integral Appliances +
- Modern Bathroom & Master En-Suite Shower Room +
- Spacious Enclosed Balcony +
- Excellent Shops, Amenities & Transport Links with Nearby Tram Stop +
- Walking Distance into Manchester City Centre +
- Good Rental Yield - Around £1,200pcm +
INTERNAL: Entrance Hall - The ground floor entrance door from the communal hall opens to the entrance hall, with wood laminate flooring, a walk-in storage cupboard and doors to the living space, the bedrooms and the bathroom. Lounge/Kitchen/Diner - Bright and spacious room offering generous space for furniture for both living and dining with a fitted kitchen, having a double glazed window, wood laminate flooring and a sliding double glazed door to the balcony. The kitchen is fitted with a range of modern wall and base units with complementing worktops, an inset stainlesss teel sink basin and an integrated fridge-freezer, dishwasher and electric oven with a countertop ceramic electric hob, a glass splashback and an overhead extractor hood. Bedroom One - Double sized bedroom with carpeted flooring, good space for furniture, a double glazed window and door to the balcony and a door to the en-suite. En-Suite - Modern suite comprising a push-button WC, a wash hand basin, an insert shower enclosure with a glass door, tiled flooring and splashbacks and a recessed mirror with a vanity shelf, overhead cupboards and spotlights. Bedroom Two - Double sized bedroom with wood laminate flooring, a double glazed window and door to the balcony and good space for furniture. Bathroom - Modern suite comprising a push-button WC, a wash hand basin, a panelled bath with an overhead shower and glass screen, tiled flooring and splashbacks and a recessed mirror with a vanity shelf, overhead cupboards and spotlights. EXTERNAL: The property has an enclosed balcony providing good space for sitting and dining, laid with wood decking and having windows with views. The building is set within a cul-de-sac with other apartment blocks and is a short walk from the city centre having a good range of shops, amenities and transport links, and there is a nearby tram stop with links into the city and beyond. ADDITIONAL INFORMATION: Council Tax Band: C Local Authority: Manchester Lease: 125 years from 1 May 2006 Ground Rent: £259.31 per annum Service Charge Water Charges: £2541 per annum *This information is to be confirmed by the vendor's solicitor* Early viewing is highly recommended due to the property being realistically priced.
Disclaimer: These particulars, whilst believed to be accurate are set out as a general guideline and do not constitute any part of an offer or contract. Intending Purchasers should not rely on them as statements of representation of fact, but must satisfy themselves by inspection or otherwise as to their accuracy. Please note that we have not tested any apparatus, equipment, fixtures, fittings or services including gas central heating and so cannot verify they are in working order or fit for their purpose. Furthermore, Solicitors should confirm moveable items described in the sales particulars and, in fact, included in the sale since circumstances do change during the marketing or negotiations. Although we try to ensure accuracy, if measurements are used in this listing, they may be approximate. Therefore if intending Purchasers need accurate measurements to order carpeting or to ensure existing furniture will fit, they should take such measurements themselves. Photographs are reproduced general information and it must not be inferred that any item is included for sale with the property. TENURE To be confirmed by the Vendor’s Solicitors POSSESSION Vacant possession upon completion VIEWING Viewing strictly by appointment through The Express Estate Agency
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