2 Bed Terraced House, Single Let, Manchester, M16 0PG, £249,999

Apartment , Insignia, Talbot Road, Old Trafford, Manchester, M16 0PG - 8 views - 10 months ago

Leasehold
BTL
~68 m²
+14 photos

ValuationOvervalued

Sold Prices£139K - £419.1K
Sold Prices/m²£1.7K/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.7K/m²

Value Estimate

£184,654

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£9,500

Total Cash In

£72,000

 

 

Cash Out

 

Rent Range

£950 - £2,900

Rent Estimate

£994

Running Costs/mo

£1,000

Cashflow/mo

£-6

Cashflow/yr

£-73

Gross Yield

5%

Local Sold Prices

50 sold prices from £139K to £419.1K, average is £219.8K. £1.7K/m² to £4.4K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£332K10/220.32 mi105, Skerton Road, Manchester, Greater Manchester M16 0NG2
£230K06/210.47 mi39, Gorse Crescent, Stretford, Manchester, Greater Manchester M32 0UP2
£315K12/200.61 mi89, Merchants Quay, Salford, Greater Manchester M50 3XQ2
£320K03/210.62 mi53, Merchants Quay, Salford, Greater Manchester M50 3XF2
£238K01/240.64 mi13, Treelands Walk, Salford, Greater Manchester M5 3FU2
£235K12/220.65 mi13, Weedall Avenue, Salford, Greater Manchester M5 3DG2
£345K12/220.66 mi8, Merchants Quay, Salford, Greater Manchester M50 3XR2
£215K12/220.66 mi17, Warburton Street, Salford, Greater Manchester M5 3FX2
£242K01/230.67 mi22, Northumberland Road, Manchester, Greater Manchester M16 9DP2
£218.5K06/210.68 mi3, Burleigh Road, Stretford, Manchester, Greater Manchester M32 0PF2
£247.5K12/220.68 mi58, Cavendish Road, Stretford, Manchester, Greater Manchester M32 0PS2
£225K07/210.69 mi78, Taylorson Street, Salford, Greater Manchester M5 3EX2
£208.8K03/210.69 mi92, Taylorson Street, Salford, Greater Manchester M5 3EX2
£208K08/230.7 mi78, Langshaw Street, Manchester, Greater Manchester M16 9LD2
£155K04/210.7 mi78, Langshaw Street, Manchester, Greater Manchester M16 9LD2
£225K05/240.73 mi2, Farwood Close, Manchester, Greater Manchester M16 9DQ2
£213K08/230.74 mi57, Pemberton Street, Manchester, Greater Manchester M16 9JY2
£225K12/230.74 mi47, Pemberton Street, Manchester, Greater Manchester M16 9JY2
£258K09/220.75 mi23, Beever Street, Manchester, Greater Manchester M16 9JR2
£218.5K04/230.75 mi79, Worthington Street, Old Trafford, Manchester, Greater Manchester M16 9LB2
£180K04/210.75 mi21, Worthington Street, Old Trafford, Manchester, Greater Manchester M16 9LB2
£186.3K03/210.75 mi5, Worthington Street, Old Trafford, Manchester, Greater Manchester M16 9LB2
£199K08/210.75 mi65, Langshaw Street, Manchester, Greater Manchester M16 9LE2
£207K08/210.76 mi16, Darley Street, Stretford, Manchester, Greater Manchester M32 0PW2
£210K02/230.77 mi79, Stanley Road, Old Trafford, Manchester, Greater Manchester M16 9BQ2
£221.1K10/210.77 mi2, Sudbury Close, Manchester, Greater Manchester M16 9DG2
£139K04/230.78 mi32, Lee Crescent, Stretford, Manchester, Greater Manchester M32 0TN2
£235.7K11/220.78 mi24, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9JU2
£185K02/210.78 mi26, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9JU2
£179K03/210.79 mi10, Prestage Street, Old Trafford, Manchester, Greater Manchester M16 9LH2
£186K11/200.8 mi34, Norway Street, Stretford, Manchester, Greater Manchester M32 0JW2
£215K08/230.8 mi18, Norway Street, Stretford, Manchester, Greater Manchester M32 0JW2
£200K06/210.81 mi51, Nansen Street, Stretford, Manchester, Greater Manchester M32 0JQ2
£245.1K05/230.81 mi11, Nansen Street, Stretford, Manchester, Greater Manchester M32 0JQ2
£190K03/210.81 mi120, Taylors Road, Stretford, Manchester, Greater Manchester M32 0JP2
£240K02/220.82 mi11, Vancouver Quay, Salford, Greater Manchester M50 3TT2
£246.5K02/230.82 mi12, Nansen Street, Stretford, Manchester, Greater Manchester M32 0JG2
£200K01/210.82 mi28, Nansen Street, Stretford, Manchester, Greater Manchester M32 0JG2
£212K03/210.83 mi25, Stanway Street, Stretford, Manchester, Greater Manchester M32 0JL2
£190K11/200.83 mi24, Stanway Street, Stretford, Manchester, Greater Manchester M32 0JL2
£208K03/210.83 mi19, Stanway Street, Stretford, Manchester, Greater Manchester M32 0JL2
£245K11/220.83 mi6, Stanway Street, Stretford, Manchester, Greater Manchester M32 0JL2
£236K12/220.83 mi14, Ashover Street, Stretford, Manchester, Greater Manchester M32 0HG2
£178K11/200.84 mi6, Ashover Street, Stretford, Manchester, Greater Manchester M32 0HG2
£168K04/210.84 mi39, Ashover Street, Stretford, Manchester, Greater Manchester M32 0HG2
£260K11/200.85 mi7, Khartoum Street, Manchester, Greater Manchester M16 9WE2
£230K06/210.85 mi11, Dearne Drive, Stretford, Manchester, Greater Manchester M32 0JU2
£419.1K11/200.87 mi29, Grange Road, Manchester, Greater Manchester M21 9NZ2
£245K02/230.88 mi44, St Lawrence Quay, Salford, Greater Manchester M50 3XT2
£375K03/210.88 mi40, Vancouver Quay, Salford, Greater Manchester M50 3TU2

Local Rents

51 rents from £950/mo to £2.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£2,90012/240 mi-2
£2,90005/240 mi-2
£2,90005/240 mi-2
£1,25005/240.02 miApartment 208 Insignia, 86 Talbot Road , Old Trafford, Manchester, M16 0UF2
£1,25005/240.02 mi86 Talbot Road , Manchester, M16 0UF2
£1,20006/240.03 mi88-92 Talbot Road , Old Trafford , Manchester, M16 0UE2
£1,20004/250.03 mi-2
£1,30005/240.06 mi-2
£1,25005/240.06 miAlexander House, Talbot Road, Old Trafford, Manchester. M16 0PJ2
£1,35005/240.06 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,35005/240.06 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,30005/240.07 mi-2
£1,30005/240.07 miTalbot Road, Old Trafford, Manchester, M162
£1,10012/240.07 mi-2
£1,10005/240.07 miTalbot Road, Old Trafford, Manchester, M162
£1,35005/240.07 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,35005/240.07 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,25005/240.07 miAlexander House2
£1,35005/240.07 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,35006/240.07 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,35006/240.07 miTalbot Road, Manchester, Greater Manchester, M162
£99505/240.08 mi17 Montague Road, M16 0QT2
£99505/240.08 miApartment , Bowdon Court, Montague Road, Manchester2
£2,25005/240.11 mi-2
£1,30005/240.11 miWarwick Road, Manchester, Greater Manchester, M162
£1,30003/240.11 miWarwick Road,Old Trafford,Manchester,M162
£1,25003/240.11 miWarwick Road, Manchester, Greater Manchester, M162
£1,20005/240.11 miWarwick Road, Manchester, Greater Manchester, M162
£1,30002/250.11 mi-2
£1,50004/250.11 mi-2
£2,59901/250.16 mi-2
£2,59902/250.16 mi-2
£2,59901/250.16 mi-2
£2,29504/250.17 mi-2
£2,00007/240.29 mi-2
£2,34501/250.29 mi-2
£1,15005/240.3 mi41 Grove House, Skerton Road2
£95012/240.3 mi-2
£1,15004/250.3 mi-2
£1,32503/240.31 miNo. 1 Old Trafford2
£1,22503/240.31 miNo. 1 Old Trafford2
£1,25003/240.31 miNo. 1 Old Trafford2
£1,32503/240.31 miNo. 1 Old Trafford2
£1,20005/240.32 miPomona Strand, Manchester, Greater Manchester, M162
£1,32505/240.32 miPomona Strand, Manchester, Greater Manchester, M162
£1,25005/240.34 miTrafford Park, Manchester, Greater Manchester, M172
£1,35005/240.35 miNo 1 Old Trafford, Salford Quays, M17 1GW2
£1,20005/240.36 miUrban Green , 75 Seymour Grove, Old Trafford2
£1,25005/240.36 miMadison Apartments, Manchester, M16 0NB2
£98503/240.36 miPark Rise, Trafford Plaza2
£1,15005/240.36 miSeymour Grove, Manchester, Greater Manchester, M162

Local Area Statistics

Population in M16

35,559

Population in Manchester

920,095

Town centre distance

1.41 miles away

Nearest school

0.40 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Buyer's market

Capital growth (5yrs)

+80%

Property History

Price changed to £249,999

December 4, 2024

Listed for £260,000

June 4, 2024

Description

Located within a highly accessible location in close proximity to Metrolink services, Manchester City Centre, Media City and the University Quarter.

Insignia is a 10 storey residential development setting a new standard for affordable urban living.

Designed with modern athletic living in mind, each apartment has been designed in a modular way, so that every space can be morphed into the lifestyle of the tenants, especially those with an athletic spirit.

Surrounded by green space, sporting landmarks and a view of the city- the roof terrace comes with a full service gym available to all residents.

Apartment 507 is a fifth floor apartment comprising of 2 bedrooms, 2 bathrooms, spacious open plan lounge/kitchen.

Tenure: Leasehold (205 years)
Ground Rent: £218.5 per year
Service Charge: £918 per year

Agent Details

Residential Estates, Chester

01241 468142

Next Steps?

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