2 Bed Terraced House, Single Let, Manchester, M14 7PX, £225,000

18 Redruth Street, Manchester, Greater Manchester, M14 7PX - 3 views - a year ago

Under Offer

BTL

~74 m²

+6 photos

ValuationOvervalued

Sold Prices	£123K - £254K
Sold Prices/m²	£1K/m² - £3.5K/m²

Square Metres	~73.90 m²
Price/m²	£3K/m²
Value Estimate	£184,477£184,477

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£56,250£56,250
Stamp Duty & Legal Fees	£7,950£7,950
Total Cash In	£64,200£64,200

Cash Out
Rent Range	£776 - £1,600£776 - £1,600
Rent Estimate	£879
Running Costs/mo	£899£899
Cashflow/mo	£-20£-20
Cashflow/yr	£-239£-239
Gross Yield	5%5%

Local Sold Prices

50 sold prices from £123K to £254K, average is £172K. £1K/m² to £3.5K/m², average is £2.5K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£196K	11/23	0.01 mi	109, Parkfield Street, Manchester, Greater Manchester M14 7PT	£2,450	80	2	Terraced House
£177K	08/21	0.01 mi	127, Parkfield Street, Manchester, Greater Manchester M14 7PT	-	-	2	Terraced House
£220K	11/23	0.03 mi	162, Heald Place, Manchester, Greater Manchester M14 5WJ	£2,660	83	2	Terraced House
£140K	05/21	0.04 mi	38, Lowestoft Street, Manchester, Greater Manchester M14 7PU	£1,892	74	2	Terraced House
£185K	09/23	0.06 mi	3, Worthing Street, Manchester, Greater Manchester M14 7PR	£2,762	67	2	Terraced House
£145K	02/21	0.06 mi	15, Worthing Street, Manchester, Greater Manchester M14 7PR	£1,933	75	2	Terraced House
£135K	12/20	0.07 mi	3, Chilworth Street, Manchester, Greater Manchester M14 7PL	£2,109	64	2	Terraced House
£123K	11/20	0.07 mi	25, Chilworth Street, Manchester, Greater Manchester M14 7PL	£2,016	61	2	Terraced House
£169.5K	11/20	0.09 mi	54, Yew Tree Road, Manchester, Greater Manchester M14 7PP	£2,322	73	2	Terraced House
£163.5K	07/21	0.09 mi	60, Yew Tree Road, Manchester, Greater Manchester M14 7PP	£2,019	81	2	Terraced House
£184K	09/21	0.09 mi	88, Ealing Avenue, Manchester, Greater Manchester M14 5WF	£2,706	68	2	Terraced House
£190K	03/21	0.09 mi	79, Ealing Avenue, Manchester, Greater Manchester M14 5WF	£2,836	67	2	Terraced House
£174.9K	11/20	0.09 mi	86, Ealing Avenue, Manchester, Greater Manchester M14 5WF	£2,499	70	2	Semi-Detached House
£202.7K	10/23	0.13 mi	10, Rosford Avenue, Manchester, Greater Manchester M14 7BW	£2,855	71	2	Terraced House
£150.5K	04/21	0.14 mi	21, Brompton Road, Manchester, Greater Manchester M14 7QA	£2,427	62	2	Terraced House
£210K	12/22	0.14 mi	35, Brompton Road, Manchester, Greater Manchester M14 7QA	£3,016	70	2	Terraced House
£140K	07/23	0.14 mi	53, Horton Road, Manchester, Greater Manchester M14 7QB	-	-	2	Terraced House
£224K	07/23	0.14 mi	55, Horton Road, Manchester, Greater Manchester M14 7QB	£3,246	69	2	Terraced House
£174K	07/21	0.15 mi	69, Thornton Road, Manchester, Greater Manchester M14 7NU	-	-	2	Terraced House
£182K	11/20	0.15 mi	9, Thornton Road, Manchester, Greater Manchester M14 7NU	£2,889	63	2	Terraced House
£180K	11/23	0.15 mi	70, Horton Road, Manchester, Greater Manchester M14 7GB	£2,727	66	2	Terraced House
£185K	01/23	0.15 mi	6, Horton Road, Manchester, Greater Manchester M14 7GB	-	-	2	Terraced House
£168K	11/20	0.16 mi	56, Thornton Road, Manchester, Greater Manchester M14 7WT	£2,679	63	2	Terraced House
£220K	06/23	0.16 mi	32, Thornton Road, Manchester, Greater Manchester M14 7WT	£3,529	62	2	Terraced House
£143K	01/21	0.16 mi	62, Thornton Road, Manchester, Greater Manchester M14 7WT	£2,014	71	2	Terraced House
£155K	02/23	0.16 mi	44, Carnforth Street, Manchester, Greater Manchester M14 7PD	£2,095	74	2	Terraced House
£162K	12/21	0.21 mi	3, Carlton Avenue, Rusholme, Manchester, Greater Manchester M14 7WL	-	-	2	Semi-Detached House
£195K	02/23	0.22 mi	520, Claremont Road, Manchester, Greater Manchester M14 5WA	£2,461	79	2	Terraced House
£128K	03/21	0.24 mi	16, Brunt Street, Manchester, Greater Manchester M14 4BD	£1,049	122	2	Terraced House
£162.5K	08/21	0.25 mi	153, Horton Road, Manchester, Greater Manchester M14 7QD	£2,448	66	2	Terraced House
£210K	03/23	0.25 mi	107, Horton Road, Manchester, Greater Manchester M14 7QD	£3,281	64	2	Terraced House
£187K	05/23	0.25 mi	123, Horton Road, Manchester, Greater Manchester M14 7QD	£2,493	75	2	Terraced House
£189.3K	02/23	0.25 mi	121, Horton Road, Manchester, Greater Manchester M14 7QD	-	-	2	Terraced House
£195K	02/23	0.25 mi	118, Horton Road, Manchester, Greater Manchester M14 7GD	£3,000	65	2	Terraced House
£142K	04/21	0.25 mi	90, Horton Road, Manchester, Greater Manchester M14 7GD	£2,219	64	2	Terraced House
£160K	03/21	0.25 mi	146, Horton Road, Manchester, Greater Manchester M14 7GD	£2,388	67	2	Terraced House
£189.5K	10/20	0.25 mi	103, Thornton Road, Manchester, Greater Manchester M14 7NT	-	-	2	Terraced House
£170K	03/21	0.25 mi	83, Thornton Road, Manchester, Greater Manchester M14 7NT	-	-	2	Terraced House
£165K	11/20	0.26 mi	76, Carlton Avenue, Rusholme, Manchester, Greater Manchester M14 7NL	£2,500	66	2	Terraced House
£157K	09/21	0.26 mi	50, Parkfield Avenue, Manchester, Greater Manchester M14 4FZ	£3,019	52	2	Terraced House
£157K	09/21	0.26 mi	50, Parkfield Avenue, Manchester, Greater Manchester M14 4FZ	£3,019	52	2	Terraced House
£155K	11/20	0.27 mi	130, Thornton Road, Manchester, Greater Manchester M14 7WS	£2,385	65	2	Terraced House
£137.5K	09/21	0.27 mi	138, Thornton Road, Manchester, Greater Manchester M14 7WS	-	-	2	Semi-Detached House
£242K	11/22	0.27 mi	137, Horton Road, Manchester, Greater Manchester M14 7QD	-	-	2	Terraced House
£200K	12/22	0.28 mi	39, Viscount Street, Manchester, Greater Manchester M14 5UH	£2,320	86	2	Terraced House
£254K	11/22	0.28 mi	17, Bredbury Road, Manchester, Greater Manchester M14 7AG	£3,432	74	2	Semi-Detached House
£160K	07/23	0.29 mi	59, Crofton Street, Rusholme, Manchester, Greater Manchester M14 7WD	-	-	2	Terraced House
£157.5K	12/20	0.29 mi	174, Thornton Road, Manchester, Greater Manchester M14 7WS	£2,283	69	2	Terraced House
£190K	10/23	0.29 mi	9, Eva Street, Manchester, Greater Manchester M14 5NX	£2,754	69	2	Terraced House
£146K	11/20	0.3 mi	38, Rawcliffe Street, Manchester, Greater Manchester M14 7NH	-	-	2	Terraced House

Local Rents

50 rents from £776/mo to £1.6K/mo, average is £1.2K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,200	05/24	0.05 mi	Wincombe Street, Manchester	2	Flat
£880	03/24	0.06 mi	Boscombe Street, Manchester, Greater Manchester, M14	2	Terraced House
£1,100	05/24	0.07 mi	Lynton Street, Manchester	2	Terraced House
£1,340	05/24	0.07 mi	Camborne Street, Rusholme, Manchester, M14	2	Terraced House
£1,340	05/24	0.07 mi	Camborne Street, Rusholme, Manchester, M14	2	Terraced House
£1,000	05/24	0.08 mi	Camborne Street, Rusholme, M14	2	Flat
£1,200	05/24	0.1 mi	-	2	Terraced House
£1,300	05/24	0.11 mi	Eileen Grove, Manchester	2	Flat
£1,385	05/24	0.13 mi	Letchworth Street, Rusholme, Manchester, M14	2	Terraced House
£1,200	12/24	0.14 mi	-	2	Terraced House
£1,100	06/24	0.14 mi	-	2	Terraced House
£1,200	12/24	0.14 mi	-	2	Terraced House
£1,250	03/25	0.14 mi	-	2	Terraced House
£1,350	03/25	0.14 mi	-	2	Terraced House
£1,100	05/24	0.16 mi	Thornton Road, Fallowfield, M14	2	Terraced House
£1,100	02/24	0.16 mi	-	2	Terraced House
£1,000	05/24	0.16 mi	Carnforth Street, Rusholme, M14	2	Terraced House
£1,200	05/24	0.17 mi	Brockley Avenue, Fallowfield, Manchester	2	Terraced House
£900	05/24	0.19 mi	Newport Street, Manchester, M14	2	Terraced House
£1,075	05/24	0.19 mi	PLATT LANE, RUSHOLME, Manchester M14 5WH	2	Flat
£1,000	05/24	0.21 mi	Thornton Road, Manchester	2	Terraced House
£1,100	05/24	0.21 mi	Carlton Avenue, Manchester, M14	2	Terraced House
£995	05/24	0.22 mi	Lindum Street, Manchester, M14 4BJ	2	Terraced House
£950	05/24	0.23 mi	Lindum Street, Manchester, Greater Manchester, M14	2	Terraced House
£1,000	06/24	0.25 mi	Thornton Road, Manchester	2	Terraced House
£1,400	05/24	0.25 mi	Horton Road, Rusholme, Manchester, M14	2	Terraced House
£875	06/24	0.27 mi	Parkfield Avenue, Manchester	2	House
£1,150	05/24	0.27 mi	Parkfield Avenue, Rusholme, Manchester	2	Flat
£1,200	05/24	0.27 mi	Blue Moon Way, Manchester, M14	2	Terraced House
£1,500	05/24	0.27 mi	Manchester , M14	2	Flat
£1,500	03/24	0.27 mi	M14 5ND, M14	2	Flat
£1,150	12/24	0.28 mi	-	2	Terraced House
£1,400	05/24	0.3 mi	Bluemoonway, Manchester, M14	2	Flat
£1,500	03/25	0.3 mi	-	2	Flat
£1,400	12/24	0.3 mi	-	2	Flat
£1,400	05/24	0.31 mi	Seedley Street, Rusholme, Manchester, M14	2	Detached House
£1,400	05/24	0.31 mi	Seedley Street, Manchester, M14	2	Terraced House
£1,400	06/24	0.31 mi	-	2	Terraced House
£1,000	05/24	0.33 mi	Wilmslow Road, Rusholme, Manchester, M14	2	Flat
£1,300	05/24	0.35 mi	Park Crescent, Rusholme	2	Flat
£1,600	12/24	0.35 mi	-	2	Terraced House
£1,100	05/24	0.35 mi	Horton Road, Fallowfield, Manchester, M14	2	Terraced House
£1,000	05/24	0.36 mi	Thornton Road, Fallowfield, Manchester, M14	2	Terraced House
£1,300	05/24	0.37 mi	Thornton Road, Manchester M14	2	House
£1,000	05/24	0.37 mi	Lloyd Street South, Manchester, M14 7HS	2	Flat
£1,500	05/24	0.37 mi	Wilmslow Road, Manchester, Greater Manchester, M14	2	Flat
£1,175	05/24	0.37 mi	Dorset Avenue, Manchester, Greater Manchester, M14	2	Terraced House
£1,100	06/24	0.37 mi	Dorset Avenue, Manchester, Greater Manchester, M14	2	Terraced House
£776	05/24	0.37 mi	Flat 2, 36, CARLTON AVENUE, Manchester	2	Flat
£1,250	05/24	0.38 mi	Thornton Road, Manchester, Greater Manchester, M14	2	Terraced House

Local Area Statistics

Population in M14	52,85352,853
Population in Manchester	920,095920,095
Town centre distance	0.94 miles away0.94 miles away
Nearest school	0.10 miles away0.10 miles away
Nearest train station	1.42 miles away1.42 miles away

Rental demand	Balanced marketBalanced market
Rental growth (12m)	-42%-42%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+49%+49%

Property History

Listed for £225,000

November 23, 2023

Floor Plans

Description

Mid terrace +
Newly modernised +
2 bedrooms +
2 reception rooms +
Modern fitted kitchen with appliances +
Modern bathroom +
Gas central heating +
uPVC double glazed +
Attractive yard to rear +
TO BE SOLD TO OWNER/OCCUPIERS ONLY +

HALL - Entrance hall with laminate floor and radiator.

RECEPTION - 3.28m x 3.23m (into bay) To front of property. Laminate floor. Radiator. uPVC double glazed window.

RECEPTION - 4.66m (into bay) x 3.23m. To rear of property. Under stairs store. Laminate floor. Radiator. uPVC double glazed window. Open plan to:-

KITCHEN - 2.31m x 2.43m. Modern fitted kitchen with a range of matching wall and base units. Built in oven, hob, microwave and extractor. Integrated dishwasher & dryer. Part tiled. Laminate floor. uPVC double glazed window and door.

LANDING - With access to loft.

BEDROOM - 4.24m x 3.28m (to front of property) Radiator. uPVC double glazed window.

BEDROOM - 4.66m x 2.64m. (to rear of property) Radiator. uPVC double glazed window.

BATHROOM/WC - Modern fitted bathroom with 3 piece white suite. Shower attachment. Gas central heating boiler. Radiator. uPVC double glazed window.

GARDEN - Small garden to front with an attractive paved yard to rear.

PRICE - £225,000 subject to contract

COUNCIL TAX BAND - A

Agent Details

Aubrey Lee & Co, Blackley

0161 524 3119

Next Steps?

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

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2 Bed Terraced House, Single Let, Manchester, M14 7PX, £225,000

ValuationOvervalued

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Local Rents