3 Bed Terraced House, Single Let, Manchester, M11 3JE, £180,000

34 Havana Close, Manchester, Greater Manchester, M11 3JE - 6 views - 10 months ago

Sold STC
Auction
BTL
ROI: 11%
~75 m²
+10 photos

ValuationUndervalued

Sold Prices£107K - £315K
Sold Prices/m²£1.1K/m² - £4.3K/m²

 

 

Square Metres

~75.10 m²
Price/m²£2.4K/m²

Value Estimate

£203,212
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£1,200 - £5,000

Rent Estimate

£1,313

Running Costs/mo

£845

Cashflow/mo

£468

Cashflow/yr

£5,615

ROI

11%

Gross Yield

9%

Local Sold Prices

50 sold prices from £107K to £315K, average is £228K. £1.1K/m² to £4.3K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£134.8K12/200.23 mi2, Blakemore Walk, Manchester, Greater Manchester M12 6PH3
£226K10/230.26 mi17, Rimmer Close, Manchester, Greater Manchester M11 3AD3
£276.5K02/230.27 mi6, Athletes Way, Manchester, Greater Manchester M11 3NE3
£235K12/200.31 mi50, Rylance Street, Manchester, Greater Manchester M11 3NP3
£225K06/210.33 mi41, Commonwealth Avenue, Manchester, Greater Manchester M11 3NN3
£238K11/230.34 mi4, Carbis Avenue, Manchester, Greater Manchester M11 3DP3
£268K09/210.34 mi1, Stadium Drive, Manchester, Greater Manchester M11 3NB3
£197.5K12/200.35 mi3, Hartwell Close, Manchester, Greater Manchester M11 3TW3
£170K07/210.35 mi48, Hartwell Close, Manchester, Greater Manchester M11 3TW3
£210K12/200.35 mi8, Hartwell Close, Manchester, Greater Manchester M11 3TW3
£248K11/230.36 mi12, Brennock Close, Manchester, Greater Manchester M11 3LD3
£265K04/210.38 mi2, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£248K11/210.38 mi23, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£240K06/210.38 mi10, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£280K01/230.38 mi16, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£238K06/210.39 mi10, Holly Street, Manchester, Greater Manchester M11 3BN3
£201K04/230.42 mi6, Barleywood Drive, Manchester, Greater Manchester M11 3LP3
£205K08/210.42 mi11, Wren Way, Manchester, Greater Manchester M11 3NH3
£175K10/200.43 mi14, Alderman Square, Manchester, Greater Manchester M12 6WL3
£230K01/210.43 mi34, Paxton Place, Manchester, Greater Manchester M11 3NL3
£235K05/240.45 mi6, Markham Close, Manchester, Greater Manchester M12 6WR3
£220K12/200.46 mi9, Gurney Street, Manchester, Greater Manchester M4 7DZ3
£235K12/200.47 mi19, Pattishall Close, Manchester, Greater Manchester M4 7DU3
£281K09/230.47 mi19, Pattishall Close, Manchester, Greater Manchester M4 7DU3
£210K07/230.47 mi298, Viaduct Street, Manchester, Greater Manchester M12 6NE3
£265K03/230.5 mi16, Blisworth Close, Manchester, Greater Manchester M4 7DT3
£180K04/210.5 mi33, Stuart Street, Manchester, Greater Manchester M11 4DU3
£170K05/210.51 mi6, Badby Close, Manchester, Greater Manchester M4 7EY3
£223K02/230.51 mi7, Maidford Close, Manchester, Greater Manchester M4 7EG3
£242K06/210.6 mi137, Ridgway Street, Manchester, Greater Manchester M40 7DS3
£195K02/210.61 mi39, Bradford Road, Manchester, Greater Manchester M40 7EY3
£225K08/210.62 mi59, Ridgway Street, Manchester, Greater Manchester M40 7FY3
£270K11/220.63 mi2, Energy Street, Manchester, Greater Manchester M40 7ZQ3
£270K03/230.64 mi25, Bollington Road, Manchester, Greater Manchester M40 7DX3
£185K09/210.64 mi116, Sandal Street, Manchester, Greater Manchester M40 7EF3
£220K12/200.65 mi169, Varley Street, Manchester, Greater Manchester M40 7EJ3
£107K10/200.66 mi135, Clayton Lane, Manchester, Greater Manchester M11 2AS3
£190K05/220.67 mi87, Bank Street, Manchester, Greater Manchester M11 4DF3
£168K05/210.69 mi32, Bollington Road, Manchester, Greater Manchester M40 7HE3
£270K12/210.69 mi112, Old Mill Street, Manchester, Greater Manchester M4 6EE3
£300K02/240.71 mi102, Old Mill Street, Manchester, Greater Manchester M4 6EE3
£297.5K05/230.71 mi120, Old Mill Street, Manchester, Greater Manchester M4 6EE3
£145K01/210.72 mi19, Ben Street, Manchester, Greater Manchester M11 4EW3
£180K06/230.72 mi42, John Heywood Street, Manchester, Greater Manchester M11 4FN3
£236.5K10/210.73 mi36, Chippenham Road, Manchester, Greater Manchester M4 7JR3
£236.5K10/210.73 mi36, Chippenham Road, Manchester, Greater Manchester M4 7JR3
£145K01/210.74 mi19, Ben Street, Manchester, Greater Manchester M11 4EW3
£230K08/210.75 mi130, Butler Street, Manchester, Greater Manchester M4 7JJ3
£140K10/220.77 mi13, Tartan Street, Manchester, Greater Manchester M11 4GD3
£315K07/230.77 mi5, Saltford Avenue, Manchester, Greater Manchester M4 6EL3

Local Rents

51 rents from £1.2K/mo to £5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£2,37506/240.17 mi-3
£2,37512/240.17 mi-3
£2,59902/250.23 mi-3
£3,00005/240.25 mi-3
£2,95003/250.26 mi-3
£1,40005/240.26 mi-3
£4,00005/240.26 mi-3
£3,60012/240.26 mi-3
£3,20001/250.26 mi-3
£3,50005/240.27 mi-3
£3,50012/240.27 mi-3
£2,00003/250.27 mi-3
£1,50005/240.29 mi-3
£1,45005/240.31 miRylance Street, Manchester, Greater Manchester, M113
£5,00012/240.31 mi-3
£4,60001/250.31 mi-3
£1,80002/240.32 mi-3
£1,69905/240.32 mi-3
£1,69905/240.32 mi-3
£1,40003/240.32 miCommonwealth Avenue, Manchester, Greater Manchester, M113
£1,64501/250.32 mi-3
£1,59503/250.32 mi-3
£3,50012/240.33 mi-3
£3,50001/250.33 mi-3
£1,35005/240.33 miHolly Street, Beswick, Manchester, M113
£3,50005/240.33 mi-3
£3,50005/240.33 mi-3
£3,10005/240.33 mi-3
£1,45005/240.33 miCarbis Avenue, Beswick, Manchester, M113
£1,60005/240.34 miStadium Drive, Manchester, M113
£1,45005/240.34 miCommonwealth Avenue, Manchester, Greater Manchester, M113
£2,40003/250.35 mi-3
£2,50002/250.36 mi-3
£1,60003/250.36 miCommonwealth Avenue, Manchester, M113
£1,35005/240.36 mi-3
£1,35006/240.36 mi-3
£1,35003/250.36 mi-3
£1,45005/240.36 miLloyd Wright Avenue, Manchester, M113
£1,35005/240.36 miLloyd Wright Avenue, Manchester, M113
£1,35005/240.36 miLloyd Wright Avenue, Manchester, M113
£1,30005/240.36 miWynne Close, Beswick, Manchester, M113
£1,20005/240.38 mi-3
£1,85006/240.39 mi-3
£1,50005/240.4 miOlympic Street, Manchester, Greater Manchester, M113
£1,50005/240.4 miHolly Street, Manchester, M113
£1,45006/240.41 mi-3
£1,45005/240.41 miPaxton Place, Manchester, M113
£1,45006/240.41 miPaxton Place, Manchester, M113
£3,60005/240.41 mi-3
£3,50005/240.41 mi-3
£3,60005/240.41 mi-3

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

2.63 miles away

Nearest school

0.20 miles away

Nearest train station

0.47 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Price changed to £180,000

September 26, 2024

Listed for £220,000

June 18, 2024

Sold for £102,000

2007

Floor Plans

Description

  • Being Sold By GOTO Online Auction +
  • Buy-It-Now Option Available +
  • Buyer's Fees Apply +
  • Chain Free +
  • Driveway +
  • Excellent Access To Manchester City Centre +
  • Ideal Investment +
  • Located Over The Road From The Etihad Stadium +
  • Well Presented +
  • Three Bedrooms +

The Property
We are delighted to offer this well-presented three bedroom mid terraced property, located just over the road from the iconic Etihad Football Stadium. This property is offered to the market chain-free and, due to its prime location, would make a fantastic investment opportunity or a lovely home to live in.

The ground floor comprises an inviting entrance hall leading to a bright and spacious living room, perfect for relaxation and entertaining. The well-equipped kitchen provides ample space for cooking and dining, ensuring a comfortable living experience.

Upstairs, you will find three generously sized bedrooms, each offering a peaceful retreat for rest and relaxation. The modern family bathroom is stylish and functional, catering to the needs of a contemporary household.

Externally, the property features a garden and driveway to the front, providing convenient off-road parking and outdoor space for leisure activities.

Located in an area that has recently undergone significant local investment, this property benefits from enhanced amenities and infrastructure. Its proximity to the Etihad Stadium and excellent transport links ensures easy access into Manchester City Centre, making it ideal for commuters and city enthusiasts.

This well-located and charming home offers a rare opportunity to invest in a thriving area. Don’t miss the chance to make this fantastic property your new home or investment.

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.

Specification
Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.

Property Description
Being Sold by GOTO Online Auction

Starting Bids from £180,000

Buy it now option available

Please call or visit Purplebricks Online Auctions for more information.

This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.

Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.

To book a viewing visit Purplebricks.

General Information
Auctioneer's Comments

This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.

The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.

Buyer Fees
• Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £372 including VAT. This secures the transaction and takes the property off the market.
• Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.

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?

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