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2 Bed Flat, Single Let, Manchester, M14 5LY, £175,000

66 Hadfield Close, Manchester, M14 5LY - 5 views - a year ago

Leasehold
BTL
ROI: 5%
~62 m²
+2 photos

ValuationOvervalued

Sold Prices£95K - £250K
Sold Prices/m²£905/m² - £3K/m²

 

 

Square Metres

~62.20 m²
Price/m²£2.8K/m²

Value Estimate

£144,465

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£950 - £2,200

Rent Estimate

£950

Running Costs/mo

£757

Cashflow/mo

£193

Cashflow/yr

£2,318

ROI

5%

Gross Yield

7%

Local Sold Prices

34 sold prices from £95K to £250K, average is £159.8K. £905/m² to £3K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£172.5K12/220.01 mi62, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£160K02/210.02 mi14, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K04/230.02 mi84, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£175.5K03/230.02 mi60, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£172K03/230.02 mi4, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£171K06/230.02 mi36, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K08/230.02 mi92, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£170K01/230.02 mi90, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£146.5K12/200.2 miApartment 30, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH2
£160K02/210.2 miApartment 6, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH2
£175K12/200.2 miApartment 7, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH2
£180K07/210.22 miFlat 5, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF2
£158K10/200.22 miFlat 1, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF2
£139K09/210.23 miFlat 14, Egerton Court, Upper Park Road, Manchester, Greater Manchester M14 5SL2
£250K12/220.4 miFlat 56, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HY2
£165K05/210.41 miFlat 95, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HG2
£203K12/220.44 miFlat 68, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£155K10/210.45 miFlat 65, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£125K06/230.45 miFlat 12, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£168.8K11/220.45 miFlat 26, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£187.5K12/220.45 miFlat 18, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£185K12/220.49 miFlat 46, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£160K03/230.67 mi22, Devonshire Street South, Manchester, Greater Manchester M13 9HA2
£135K02/230.87 mi19, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£159.5K12/230.89 mi14, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£131K12/200.89 mi14, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£147K09/210.95 mi66, Chervil Close, Manchester, Greater Manchester M14 7DP2
£162K08/230.95 mi66, Chervil Close, Manchester, Greater Manchester M14 7DP2
£149.9K06/230.95 mi10, Chervil Close, Manchester, Greater Manchester M14 7DP2
£131K05/210.95 mi74, Chervil Close, Manchester, Greater Manchester M14 7DP2
£95K10/200.95 mi108, Stanley Grove, Manchester, Greater Manchester M12 5GF2
£130K03/230.97 miFlat 4, Park Lodge, Park Avenue, Levenshulme, Manchester, Greater Manchester M19 2EE2
£123K03/230.99 miFlat 28, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£135K04/220.99 miFlat 36, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2

Local Rents

50 rents from £950/mo to £2.2K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,20005/240.01 miHadfield Close, Fallowfield, Manchester, M142
£1,40005/240.02 miManchester , M142
£1,20005/240.05 miSchuster Road, Victoria Park, M142
£1,25005/240.08 miSchuster Road, Manchester, Greater Manchester, M142
£1,05006/240.1 miFitzwilliam Court, Anson Road, Victoria Park, Manchester, M142
£1,35003/250.11 mi-2
£1,20003/250.12 mi-2
£2,20003/250.12 mi-2
£1,00005/240.16 miHope Road, Manchester, M142
£1,00005/240.16 miHope Road, Manchester, M142
£1,30005/240.17 mi-2
£1,30005/240.17 mi-2
£1,30002/250.17 mi-2
£1,10002/240.18 mi-2
£1,45012/240.18 mi-2
£1,20002/250.18 mi-2
£1,10001/250.18 mi-2
£1,25003/250.18 mi-2
£1,20003/250.19 mi-2
£1,35005/240.2 mi-2
£1,35003/250.2 mi-2
£1,15005/240.2 miUpper Park Road, Manchester, Greater Manchester, M142
£1,30005/240.2 miEllerslie Court, Upper Park Road, M142
£1,10005/240.22 miAshburne House, Rusholme, M142
£99506/240.22 mi-2
£99505/240.22 miNew Carfax Court, Manchester, M142
£1,31705/240.22 miBirchfields Road, Victoria Park, Manchester2
£1,20005/240.23 mi-2
£1,08305/240.24 miBirchfields Road, Rusholme, Manchester, M132
£95003/250.26 mi-2
£95005/240.26 mi-2
£95003/250.27 mi-2
£1,29506/240.28 miDaisy Bank Road, Victoria Park, Manchester2
£1,10006/240.28 mi-2
£1,00005/240.31 miWilmslow Road, Rusholme, Manchester, M142
£1,20005/240.31 miFairfield Court, Manchester, M142
£1,20006/240.31 miFairfield Court, Manchester, M142
£1,20012/240.31 mi-2
£1,15012/240.32 miDickenson Road, Manchester, M132
£1,15006/240.32 mi-2
£1,15006/240.32 miDickenson Road, Manchester, M132
£95005/240.32 miBrighton Grove, Manchester, Greater Manchester, M142
£95005/240.32 miBrighton Grove, Manchester, Greater Manchester, M142
£95003/240.32 miBrighton Grove, Manchester, Greater Manchester, M142
£95005/240.32 miBrighton Grove, Manchester, Greater Manchester, M142
£1,30005/240.32 miPark Crescent, Rusholme2
£1,50005/240.33 miWilmslow Road, Manchester, Greater Manchester, M142
£1,00005/240.33 miBankfield Avenue, Longsight, Manchester, M132
£97505/240.33 miApartment 16 23, Laindon Road, Manchester2
£95003/240.33 miBrighton Grove Manchester, M142

Links

Local Area Statistics

Population in M14

52,853

Population in Manchester

920,095

Town centre distance

1.42 miles away

Nearest school

0.50 miles away

Nearest train station

1.14 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £175,000

December 6, 2023

Sold for £112,365

2002

Floor Plans

Description

  • NO CHAIN +
  • ALLOCATED PARKING SPACE +
  • IDEAL FOR STUDENTS AND PROFESSIONALS +
  • EASY ACCESS TO MANCHESTER ROYAL INFIRMARY +
  • INVESTMENT OPPORTUNITY +
  • GROUND FLOOR APARTMENT +
  • DOUBLE GLAZED THROUGHOUT +
  • CONTACT US NOW TO ARRANGE YOUR VIEWING +

*NO CHAIN* *IDEAL INVESTMENT OPPORTUNITY* Park Lane Estate Agents are delighted to offer For Sale this well-presented two-bedroom apartment, on the ground floor of the popular Hadfield Close development. The apartment is perfectly positioned for access to a wealth of amenities including Manchester Royal Infirmary, Birchfields Park, schools, shops, restaurants, bars and transport links. The apartment is double-glazed throughout. In summary, the internal accommodation comprises; an entrance hallway, master bedroom, second bedroom, storage cupboard, family bathroom and kitchen diner. Externally, the property boasts an allocated car parking space. Contact us now to arrange your viewing!

Agent Details

Park Lane Estate Agents, Urmston

0161 524 7533

Next Steps?

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

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