2 Bed Flat, Single Let, Manchester, M11 2DJ, £170,000

401 Ashton Old Road, Manchester, M11, M11 2DJ - 5 views - a year ago

Leasehold
BTL
ROI: 6%
42 m²
+10 photos

ValuationOvervalued

Sold Prices£53K - £487K
Sold Prices/m²£905/m² - £4.2K/m²

 

 

Square Metres

41.61 m²
Price/m²£4.1K/m²

Value Estimate

£107,130

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£950 - £2,950

Rent Estimate

£1,013

Running Costs/mo

£754

Cashflow/mo

£259

Cashflow/yr

£3,110

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £53K to £487K, average is £170K. £905/m² to £4.2K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£220K01/240.67 miBlock D, Apartment 59, Pollard Street, Manchester, Greater Manchester M4 7AT2
£85K12/230.85 mi67, Gorton Lane, Manchester, Greater Manchester M12 5WF2
£270K03/210.88 mi4, John Smeaton Court, Manchester, Greater Manchester M1 2NR2
£270K05/230.89 mi17, William Jessop Court, Manchester, Greater Manchester M1 2NE2
£160K03/230.92 mi22, Devonshire Street South, Manchester, Greater Manchester M13 9HA2
£170K03/211.07 mi10, Hursthead Walk, Manchester, Greater Manchester M13 9UT2
£257K10/211.11 miFlat 50, M M2 Apartments, Pickford Street, Manchester, Greater Manchester M4 5BS2
£207.5K12/201.26 miFlat 21, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£203K02/231.26 miFlat 31, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£250K11/231.27 miFlat 25, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£213K03/211.27 miFlat 51, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£95K10/201.27 mi108, Stanley Grove, Manchester, Greater Manchester M12 5GF2
£220K12/221.32 miApartment 39, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£180K10/201.33 miApartment 30, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£180K07/211.36 miFlat 5, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF2
£158K10/201.36 miFlat 1, Ashburne House, Oxford Place, Manchester, Greater Manchester M14 5SF2
£139K09/211.38 miFlat 14, Egerton Court, Upper Park Road, Manchester, Greater Manchester M14 5SL2
£120K05/241.4 mi9, Mount Road, Manchester, Greater Manchester M18 7BG2
£487K03/231.43 mi11, Marshall Street, Manchester, Greater Manchester M4 5FU2
£146.5K12/201.46 miApartment 30, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH2
£160K02/211.46 miApartment 6, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH2
£175K12/201.46 miApartment 7, Ellerslie Court, Upper Park Road, Manchester, Greater Manchester M14 5RH2
£172.5K12/221.47 mi62, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£160K02/211.48 mi14, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K04/231.48 mi84, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£175.5K03/231.48 mi60, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£172K03/231.48 mi4, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£171K06/231.48 mi36, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K08/231.48 mi92, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£170K01/231.48 mi90, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£103K11/201.49 mi32, Totland Close, Manchester, Greater Manchester M12 5RY2
£196K05/211.51 mi18, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£180K10/201.51 mi4, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£204K08/211.51 mi68, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£142.5K02/211.51 mi2, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£190K11/231.51 mi42, Burlington Street, Manchester, Greater Manchester M15 6HQ2
£173K07/211.58 mi31, Conmere Square, Manchester, Greater Manchester M15 6DE2
£175K12/221.61 mi7, Valerie Walk, Manchester, Greater Manchester M15 6DB2
£165K12/231.62 mi57, Newcastle Street, Manchester, Greater Manchester M15 6HF2
£130K09/231.63 mi36, Tinningham Close, Manchester, Greater Manchester M11 1NB2
£53K11/201.65 mi8, Ketton Close, Manchester, Greater Manchester M11 1NA2
£110K04/211.67 mi21, Clarendon Street, Manchester, Greater Manchester M15 5ED2
£80K09/231.69 miFlat 12, Hayden Court, Sedgeford Road, Manchester, Greater Manchester M40 8QW2
£160K12/211.72 mi16, Kent Avenue, Droylsden, Manchester, Greater Manchester M43 6BW2
£105K07/221.74 mi250a, Manor Road, Droylsden, Manchester, Greater Manchester M43 6JD2
£155K10/211.78 mi16, Rockdove Avenue, Manchester, Greater Manchester M15 5FH2
£171K09/211.78 mi34, Rockdove Avenue, Manchester, Greater Manchester M15 5FH2
£141.7K06/211.8 mi57, Rockdove Avenue, Manchester, Greater Manchester M15 5EH2
£71.3K09/211.8 miFlat 6, Brookfield Court, Kirkman Close, Manchester, Greater Manchester M18 7EA2
£165K01/211.82 mi56, Stretford Road, Manchester, Greater Manchester M15 5JH2

Local Rents

50 rents from £950/mo to £3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,15005/240 miCampbell House, 403, Ashton Old Road, Manchester, M112
£1,05005/240 miRadcliffe House, Manchester, M112
£2,60005/240 mi-2
£1,90012/240 mi-2
£2,80001/250 mi-2
£1,15005/240 miRadcliffe House, 401 Ashton Old Road, Manchester, M112
£2,79012/240 mi-2
£97502/250.01 mi-2
£1,05005/240.01 miCampbell House, 403 Ashton Old Road, Beswick2
£1,55005/240.08 mi-2
£1,50002/240.08 mi-2
£1,55005/240.08 mi-2
£1,05002/250.11 mi-2
£2,95012/240.13 mi-2
£1,80012/240.13 mi-2
£1,09505/240.13 miSynergy 1, 425 Ashton Old Road, Beswick, Manchester, M11 2DL2
£1,29505/240.13 miSynergy 2, 427 Ashton Old Road, Beswick, Manchester, M11 2DL2
£1,09505/240.13 miSynergy 2, 427 Ashton Old Road, Beswick, Manchester, M11 2DL2
£1,09505/240.13 miSynergy 2, 427 Ashton Old Road, Beswick, Manchester, M11 2DL2
£1,00005/240.14 miBurcot Road, Manchester, M112
£1,27512/240.19 mi-2
£1,40001/250.19 mi-2
£2,95001/240.22 mi-2
£1,35001/250.22 mi-2
£1,40005/240.22 mi-2
£1,20005/240.25 mi-2
£1,20005/240.25 miChassen Close, Manchester, M112
£1,10012/240.28 mi-2
£1,50005/240.31 mi-2
£1,15005/240.37 miDarley Street, Manchester, M112
£1,10006/240.38 miWalshaw Street, Manchester, M112
£1,29502/240.48 mi-2
£1,20005/240.53 miKelsall Street, Manchester, Greater Manchester, M122
£1,00002/240.54 mi-2
£1,25006/240.55 miAdvent 3, Isaac Way, M42
£1,05005/240.57 miHemisphere, Every Street, M42
£95005/240.58 miAinsdale St, Gorton2
£1,25007/240.59 mi-2
£1,25006/240.59 miGurney Street, Manchester, M42
£1,20005/240.59 miClowes Street, Manchester, M122
£1,20005/240.6 mi-2
£1,25005/240.6 mi-2
£1,25005/240.6 miEvery Street, Manchester, M42
£1,20012/240.6 mi1 Isaac Way, Manchester, M42
£1,35006/240.6 miThe Plaza, 1 Advent Way, Ancoats, M42
£1,05006/240.6 miThe Plaza, 1 Advent Way, Ancoats, Manchester, M42
£1,20005/240.61 mi-2
£1,25005/240.61 miIsaac Way, Manchester, M42
£1,10003/250.61 mi-2
£1,09505/240.61 miAdvent 2/3, Manchester City Centre, Manchester, M42

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

2.31 miles away

Nearest school

0.20 miles away

Nearest train station

0.42 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £170,000

May 15, 2024

Floor Plans

Description

  • City Views +
  • Two Double Bedrooms +
  • Jack And Jill Bathroom +
  • Modern, Open Plan Living +
  • Well Presented Throughout +
  • Easy Access To Manchester City Centre +
  • Allocated Parking +

The Property
Experience urban living at its finest with this stunning two-bedroom apartment, boasting floor-to-ceiling windows that frame breathtaking city views. Situated just outside Manchester City Centre, this modern residence offers a perfect blend of style, comfort, and convenience, making it the ultimate retreat or investment opportunity.

Key Features:

Spectacular City Views: Enjoy panoramic views of the iconic Manchester skyline from the comfort of your own home, thanks to the floor-to-ceiling windows that flood the apartment with natural light.

Two Double Bedrooms: Retreat to two generously sized double bedrooms, providing ample space for rest and relaxation. The unique jack and jill bathroom offers convenience and privacy, making it perfect for modern living.

Open Plan Living: Embrace the contemporary lifestyle in the sleek open plan kitchen/dining/living area, where style meets functionality. Whether it's cooking gourmet meals, entertaining guests, or simply unwinding after a long day, this versatile space caters to every need.

Allocated Parking: Enjoy the convenience and peace of mind of allocated parking.

Easy Access to Manchester City Centre: With seamless transport links just moments away, commuting into Manchester City Centre is a breeze, allowing you to explore the vibrant cultural scene, shopping destinations, and dining hotspots with ease.

Additional Details:

Impeccably presented throughout, with modern finishes and attention to detail that elevate the living experience.

Perfectly suited for professionals, couples, or investors seeking a stylish urban retreat in a prime location.

Located in close proximity to a range of amenities, including shops, restaurants, bars, and public transport options, ensuring a lifestyle of convenience and connectivity.

Book viewings 24 hours a day 7 days a week by clicking the brochure link below, visiting our website or alternatively you can arrange by calling our office.

Property ownership information

Ground rent review period: No review period

Service charge review period: No review period

Lease end date: 01/01/2254

Disclaimer for virtual viewings

Some or all information pertaining to this property may have been provided solely by the vendor, and although we always make every effort to verify the information provided to us, we strongly advise you to make further enquiries before continuing. If you book a viewing or make an offer on a property that has had its valuation conducted virtually, you are doing so under the knowledge that this information may have been provided solely by the vendor, and that we may not have been able to access the premises to confirm the information or test any equipment. We therefore strongly advise you to make further enquiries before completing your purchase of the property to ensure you are happy with all the information provided.

Agent Details

Purplebricks, covering Manchester

0161 524 9265

Next Steps?

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