3 Bed Terraced House, Single Let, Manchester, M4 6EE, £290,000

126 Old Mill Street, Manchester, Greater Manchester, M4 6EE - a year ago

Sold STC
BTL
ROI: 4%
69 m²
+4 photos

ValuationOvervalued

Sold Prices£90K - £490K
Sold Prices/m²£999/m² - £4.3K/m²

 

 

Square Metres

69 m²
Price/m²£4.2K/m²

Value Estimate

£216,799

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Total Cash In

£84,400

 

 

Cash Out

 

Rent Range

£1,300 - £3,000

Rent Estimate

£1,525

Running Costs/mo

£1,231

Cashflow/mo

£294

Cashflow/yr

£3,525

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £90K to £490K, average is £237.3K. £999/m² to £4.3K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£270K12/210.03 mi112, Old Mill Street, Manchester, Greater Manchester M4 6EE3
£300K02/240.05 mi102, Old Mill Street, Manchester, Greater Manchester M4 6EE3
£297.5K05/230.05 mi120, Old Mill Street, Manchester, Greater Manchester M4 6EE3
£236.5K10/210.09 mi36, Chippenham Road, Manchester, Greater Manchester M4 7JR3
£236.5K10/210.09 mi36, Chippenham Road, Manchester, Greater Manchester M4 7JR3
£315K07/230.09 mi5, Saltford Avenue, Manchester, Greater Manchester M4 6EL3
£285K09/200.11 mi14, Weybridge Road, Manchester, Greater Manchester M4 6EN3
£242K03/210.12 mi13, Weybridge Road, Manchester, Greater Manchester M4 6FD3
£297K09/220.12 mi10, Woodward Street, Manchester, Greater Manchester M4 7JS3
£170K05/210.17 mi6, Badby Close, Manchester, Greater Manchester M4 7EY3
£230K08/210.18 mi130, Butler Street, Manchester, Greater Manchester M4 7JJ3
£223K02/230.2 mi7, Maidford Close, Manchester, Greater Manchester M4 7EG3
£340K11/220.2 mi17, Kingham Drive, Manchester, Greater Manchester M4 7JT3
£195K02/210.2 mi39, Bradford Road, Manchester, Greater Manchester M40 7EY3
£225K08/210.22 mi59, Ridgway Street, Manchester, Greater Manchester M40 7FY3
£490K09/220.23 mi12, Spindle Mews, Manchester, Greater Manchester M4 6DB3
£265K03/230.23 mi16, Blisworth Close, Manchester, Greater Manchester M4 7DT3
£220K12/200.24 mi9, Gurney Street, Manchester, Greater Manchester M4 7DZ3
£168K05/210.27 mi32, Bollington Road, Manchester, Greater Manchester M40 7HE3
£235K12/200.27 mi19, Pattishall Close, Manchester, Greater Manchester M4 7DU3
£281K09/230.27 mi19, Pattishall Close, Manchester, Greater Manchester M4 7DU3
£270K03/230.28 mi25, Bollington Road, Manchester, Greater Manchester M40 7DX3
£242K06/210.36 mi137, Ridgway Street, Manchester, Greater Manchester M40 7DS3
£134.8K12/200.45 mi2, Blakemore Walk, Manchester, Greater Manchester M12 6PH3
£405K06/230.46 mi15, Thomas Telford Basin, Manchester, Greater Manchester M1 2NH3
£175K10/200.48 mi14, Alderman Square, Manchester, Greater Manchester M12 6WL3
£90K06/210.49 mi1, Stanbury Walk, Manchester, Greater Manchester M40 7LY3
£226K08/230.51 mi26, Nuneaton Drive, Manchester, Greater Manchester M40 7WH3
£220K12/200.52 mi169, Varley Street, Manchester, Greater Manchester M40 7EJ3
£235K05/240.53 mi6, Markham Close, Manchester, Greater Manchester M12 6WR3
£226K10/230.57 mi17, Rimmer Close, Manchester, Greater Manchester M11 3AD3
£210K07/230.58 mi298, Viaduct Street, Manchester, Greater Manchester M12 6NE3
£238K06/210.59 mi10, Holly Street, Manchester, Greater Manchester M11 3BN3
£276.5K02/230.59 mi6, Athletes Way, Manchester, Greater Manchester M11 3NE3
£225K06/210.61 mi41, Commonwealth Avenue, Manchester, Greater Manchester M11 3NN3
£185K09/210.65 mi116, Sandal Street, Manchester, Greater Manchester M40 7EF3
£275K04/220.66 mi23, Silver Jubilee Walk, Manchester, Greater Manchester M4 1LD3
£230K01/210.66 mi34, Paxton Place, Manchester, Greater Manchester M11 3NL3
£270K11/220.67 mi2, Energy Street, Manchester, Greater Manchester M40 7ZQ3
£268K09/210.67 mi1, Stadium Drive, Manchester, Greater Manchester M11 3NB3
£240K06/210.68 mi10, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£280K01/230.68 mi16, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£240K10/230.69 mi29, Droitwich Road, Manchester, Greater Manchester M40 8ED3
£90K12/200.7 mi4, Bednal Avenue, Manchester, Greater Manchester M40 8DW3
£248K11/210.7 mi23, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£235K12/200.71 mi50, Rylance Street, Manchester, Greater Manchester M11 3NP3
£205K08/210.74 mi11, Wren Way, Manchester, Greater Manchester M11 3NH3
£265K04/210.75 mi2, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£238K11/230.77 mi4, Carbis Avenue, Manchester, Greater Manchester M11 3DP3
£220K12/220.8 mi4, Kirkhaven Square, Manchester, Greater Manchester M40 8DA3

Local Rents

50 rents from £1.3K/mo to £3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,59505/240.01 miOld Mill Street, Manchester3
£1,30005/240.04 miTidworth Avenue, Manchester, M43
£1,80005/240.09 mi7 Munday Street, Manchester, M43
£1,95005/240.1 miThe Hatbox, New Islington3
£1,59505/240.12 miWeybridge Road :: New Islington3
£1,55005/240.12 miWeybridge Road :: New Islington3
£1,85005/240.13 miThe Hatbox, New Islington3
£2,60005/240.14 mi1 Finders Quay, Manchester, Greater Manchester, M43
£2,39005/240.15 miOld Mill Street, Manchester, Greater Manchester, M43
£1,90005/240.17 mihoUSe, New Islington, Manchester3
£2,30012/240.18 mi-3
£1,65005/240.18 miDanesdale Drive, Manchester, Greater Manchester, M43
£1,85005/240.19 mi-3
£1,85012/240.19 mi-3
£2,55001/230.2 mi2 Keepers Quay, Manchester, M4 6JN3
£2,45006/240.2 mi2 Keepers Quay, Manchester, M4 6JN3
£2,45012/240.2 mi-3
£2,20001/250.2 mi-3
£2,50001/250.25 mi-3
£1,65001/250.25 mi-3
£2,29505/240.25 miLockgate Mews, Manchester3
£2,40006/240.25 miLockgate Mews, Manchester3
£2,40006/240.25 miLockgate Mews, Manchester3
£2,25012/240.26 mi-3
£2,29505/240.26 miLockgate Mews Manchester M43
£1,50007/240.26 mi-3
£1,50006/240.26 miPattishall Close, Manchester, M43
£1,95006/240.28 mi-3
£1,90006/240.28 miIslington Wharf, Ancoats, Manchester, M43
£1,85005/240.29 miApt 6.02 :: Flint Glass Wharf3
£1,85005/240.31 miThe Plaza, Advent Way, Ancoats, Manchester, M43
£1,70006/240.32 miChapeltown Street, Manchester, M13
£1,70006/240.32 mi-3
£1,70005/240.32 miAdvent Way, Manchester, M43
£1,60002/240.33 mi-3
£3,00012/240.34 mi-3
£1,75005/240.34 mi1 Advent Way, Manchester, M43
£1,70005/240.35 miThe Plaza, 1 Advent Way, Ancoats, Manchester, M43
£1,80005/240.35 miThe Plaza, 1 Advent Way, Ancoats, Manchester, M43
£1,80005/240.35 miThe Plaza, 1 Advent Way, Ancoats, Manchester, M43
£1,90006/240.35 miThe Plaza, 1 Advent Way, Ancoats, Manchester, M43
£1,80005/240.35 miKingsheath Street, Manchester3
£1,55005/240.36 miQuantum, 2 Chapeltown Street, M13
£2,90005/240.36 miRoyal Mills, 2 Cotton Street3
£1,60001/250.36 mi-3
£1,55005/240.37 miQuantum, Piccadilly, M13
£1,60006/240.37 miQuantum, Manchester, M13
£1,65005/240.38 miRoper Court, 109 George Leigh Street, Manchester, Greater Manchester, M43
£1,95005/240.38 miMurray Street, Manchester, Greater Manchester, M43
£1,79506/240.38 miMurray Street, Manchester, Greater Manchester, M43

Local Area Statistics

Population in M4

10,600

Population in Manchester

920,095

Town centre distance

2.34 miles away

Nearest school

0.10 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

-17%

Sales demand

Buyer's market

Capital growth (5yrs)

+3%

Property History

Listed for £290,000

January 12, 2024

Sold for £14,820

1998

Floor Plans

Description

  • Spacious Three Bedroom Terraced House +
  • Private Garden Area +
  • Short Walk Into Ancoats / New Islington +
  • City Centre Right On Your Doorstep +
  • Close To All Local Amenities +
  • Close To Piccadilly Train Station +
  • Open To Owner Occupiers +
  • Invesotrs Welcomed +
  • EPC Rating C +
  • Council Tax Band A +

*WELCOMING ALL INVESTORS/FAMILIES*FREEHOLD*CHAIN FREE*

Introducing a stunning terraced house boasting three bedrooms, situated in a highly sought-after location. This charming property offers a perfect blend of comfort and style, ideal for families and professionals alike.

Upon entering, you will be greeted by a welcoming hallway leading to a spacious living room, adorned with natural light and tastefully decorated. The modern kitchen is equipped with high-end appliances, ample storage, and a dining area, perfect for hosting dinner parties or casual family meals.

The first floor comprises three well-proportioned bedrooms, each offering a peaceful retreat to unwind after a long day. The contemporary bathroom features sleek fixtures and fittings, adding a touch of luxury to your daily routine.

Externally, a well-maintained garden awaits, offering a tranquil space to relax or entertain guests during the warmer months. Conveniently located near local amenities, schools, and transport links, this property ensures easy access to all necessities.

Don't miss out on this fantastic opportunity to own a beautiful terraced house, with its modern features and desirable location. Call now to arrange a viewing and make this house your dream home.

FREEHOLD
EPC Rating C
Council Tax Band A

Agent Details

Bentley Hurst, Manchester

0161 524 6179

Next Steps?

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