2 Bed Terraced House, Single Let, Manchester, M43 7SU, £220,000

Fraternitas Terrace, Droylsden, M43 7SU - 10 months ago

Leasehold
BTL
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£112K - £240K
Sold Prices/m²£1.2K/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£166,741

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£8,100

Total Cash In

£63,100

 

 

Cash Out

 

Rent Range

£795 - £2,170

Rent Estimate

£900

Running Costs/mo

£888

Cashflow/mo

£13

Cashflow/yr

£150

ROI

0%

Gross Yield

5%

Local Sold Prices

50 sold prices from £112K to £240K, average is £161.5K. £1.2K/m² to £4.4K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£179K08/210 mi3, Fraternitas Terrace, Droylsden, Manchester, Greater Manchester M43 7SU2
£150K04/210.08 mi25, Sutton Drive, Droylsden, Manchester, Greater Manchester M43 7RX2
£152K10/200.13 mi6, Briarwood Avenue, Droylsden, Manchester, Greater Manchester M43 7RG2
£195K07/230.21 mi37, St Kildas Avenue, Droylsden, Manchester, Greater Manchester M43 7SE2
£180K07/230.21 mi19, St Kildas Avenue, Droylsden, Manchester, Greater Manchester M43 7SE2
£155K10/230.21 mi30, Parvet Avenue, Droylsden, Manchester, Greater Manchester M43 7SB2
£165K12/200.22 mi3, Parvet Avenue, Droylsden, Manchester, Greater Manchester M43 7SD2
£178K10/230.3 mi3, Godfrey Avenue, Droylsden, Manchester, Greater Manchester M43 6JR2
£240K05/210.31 mi6, Chatsworth Close, Droylsden, Manchester, Greater Manchester M43 6BZ2
£216K12/220.36 mi36, Graver Lane, Manchester, Greater Manchester M40 1QL2
£165K06/210.36 mi16, Coronation Road, Droylsden, Manchester, Greater Manchester M43 7RL2
£181.5K06/230.37 mi114, Lewis Road, Droylsden, Manchester, Greater Manchester M43 6NP2
£176.2K12/220.37 mi528, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JQ2
£230K10/230.38 mi14, Rupert Street, Manchester, Greater Manchester M40 1QU2
£170K12/210.4 mi18, Abbey Road, Droylsden, Manchester, Greater Manchester M43 7RJ2
£145K11/200.4 mi16, Abbey Road, Droylsden, Manchester, Greater Manchester M43 7RJ2
£145K05/210.41 mi58, Springfield Road, Droylsden, Manchester, Greater Manchester M43 7RH2
£187K02/230.41 mi38, Springfield Road, Droylsden, Manchester, Greater Manchester M43 7RH2
£147K03/210.42 mi22, Holmlea Road, Droylsden, Manchester, Greater Manchester M43 6WG2
£137.5K12/200.43 mi99, Sunnyside Road, Droylsden, Manchester, Greater Manchester M43 7GF2
£138K06/230.43 mi113, Sunnyside Road, Droylsden, Manchester, Greater Manchester M43 7GF2
£179K06/210.44 mi14, Derbyshire Road, Manchester, Greater Manchester M40 1QN2
£142K06/230.44 mi192, Sunnyside Road, Droylsden, Manchester, Greater Manchester M43 7GE2
£165K05/230.49 mi512, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JW2
£200K12/200.49 mi51, Wyndale Drive, Failsworth, Manchester, Greater Manchester M35 0PY2
£159.9K05/210.5 mi17, Essex Avenue, Droylsden, Manchester, Greater Manchester M43 7PS2
£160K09/230.51 mi42, Shrewsbury Road, Droylsden, Manchester, Greater Manchester M43 7NJ2
£138K07/230.51 mi25, Shrewsbury Road, Droylsden, Manchester, Greater Manchester M43 7WH2
£132K07/210.51 mi469, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JN2
£140K06/210.53 mi64, Alan Avenue, Failsworth, Manchester, Greater Manchester M35 0PT2
£190K11/200.53 mi61, Alan Avenue, Failsworth, Manchester, Greater Manchester M35 0PT2
£129.9K11/200.53 mi297, Droylsden Road, Manchester, Greater Manchester M40 1GJ2
£156.2K12/220.53 mi283, Droylsden Road, Manchester, Greater Manchester M40 1GJ2
£112K12/200.53 mi8, Sussex Drive, Droylsden, Manchester, Greater Manchester M43 7PD2
£128.5K03/210.53 mi34, Sussex Drive, Droylsden, Manchester, Greater Manchester M43 7PD2
£200K12/220.54 mi43, Prospect Drive, Failsworth, Manchester, Greater Manchester M35 0WX2
£188K08/220.54 mi1, Sparth Road, Manchester, Greater Manchester M40 1QH2
£190.1K11/230.56 mi15, Keats Avenue, Droylsden, Manchester, Greater Manchester M43 7WJ2
£152K07/210.56 mi9, Keats Avenue, Droylsden, Manchester, Greater Manchester M43 7WJ2
£117.5K04/210.57 mi34, Buckingham Road, Droylsden, Manchester, Greater Manchester M43 6WF2
£137K03/210.57 mi34, Cypress Road, Droylsden, Manchester, Greater Manchester M43 7PB2
£200K01/240.57 mi13, Assheton Road, Manchester, Greater Manchester M40 1UB2
£145K06/230.58 mi14, Christopher Street, Manchester, Greater Manchester M40 1WA2
£170K10/220.59 mi114, Seymour Road South, Manchester, Greater Manchester M11 4PS2
£140K04/210.59 mi3, Cosgrove Road, Failsworth, Manchester, Greater Manchester M35 0TF2
£163K12/200.59 mi2, Bradshaw Avenue, Failsworth, Manchester, Greater Manchester M35 0JY2
£113K03/210.6 mi348, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JJ2
£121K11/200.6 mi350, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JJ2
£200K06/230.6 mi13, Cosgrove Crescent, Failsworth, Manchester, Greater Manchester M35 0JX2
£189K05/230.61 mi17, Essex Close, Failsworth, Manchester, Greater Manchester M35 0QZ2

Local Rents

21 rents from £795/mo to £2.2K/mo, average is £995/mo.

RentDateDistanceAddressBeds 
£1,00006/240.12 mi-2
£95005/240.17 miParvet Avenue, Droylsden, Manchester2
£1,10011/240.23 mi-2
£92512/240.42 mi-2
£1,09003/250.42 mi-2
£95001/240.43 mi-2
£1,00001/240.47 mi-2
£79505/240.48 miEdge Lane, Manchester2
£1,00011/240.5 mi-2
£1,15005/240.51 mi-2
£99509/240.52 mi-2
£95005/240.53 mi-2
£95010/240.54 mi-2
£95010/240.54 mi-2
£1,04003/250.55 mi-2
£90007/240.58 mi-2
£90009/240.58 mi-2
£90009/240.58 mi-2
£2,17007/240.58 mi-2
£1,15005/240.58 mi-2
£1,05002/250.6 mi-2

Local Area Statistics

Population in M43

23,037

Population in Manchester

920,095

Town centre distance

4.40 miles away

Nearest school

0.50 miles away

Nearest train station

0.72 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Price changed to £220,000

December 4, 2024

Listed for £230,000

June 20, 2024

Floor Plans

Description

  • TWO DOUBLE BEDROOMS +
  • MID TERRACED PROPERTY +
  • TWO RECEPTION ROOMS +
  • NEWLY FITTED KITCHEN +
  • DOWNSTAIRS W/C +
  • CONSERVATORY +
  • SMALL CELLAR +
  • POPULAR LOCATION +
  • NO VENDOR CHAIN +
  • MUST BE VIEWED +

* DROP YOUR BAGS AND MOVE STRAIGHT IN * SLEIGH AND SON are delighted to welcome to the open market this traditional brick built, slate roof TWO DOUBLE BEDROOMED mid terraced property for sale with NO VENDOR CHAIN! This well presented home has many benefits to it including TWO RECEPTION ROOMS, newly fitted kitchen, conservatory, family sized bathroom, cellar, detached garage and many more, making this property the ideal purchase for a wide range of buyers. There is a large garden to the rear with a detached garage and driveway. This potential home is located in a sought after location with local schools, amenities and transport links into Manchester city centre a short distance away.

Briefly the accommodation comprises:- two reception rooms, fitted kitchen and conservatory to the ground floor. Two bedrooms and bathroom to the first floor.

LEASEHOLD 970YEARS from 24th July 1920. Chief rent fixed £2.50 per annum. There is mains electric, gas, water and sewerage at the property. Council tax band A.

ENTRANCE HALL: Hardwood glazed entrance door to the front elevation. Radiator. Light and power points. Door into the dining room. Staircase to the first floor.

LOUNGE: 4.49m x 3.32m (14'9" x 10'11"), uPVC double glazed bay window to the front elevation. Log burner. Two radiators. Light and power points. Hardwood glazed double doors to the dining room.

DINING ROOM: 3.89m x 3.42m (12'9" x 11'3"), uPVC double glazed window to the rear elevation. Radiator. Light and power points. Door into the cellar. Door into the kitchen.

KITCHEN: 2.87m x 2.56m (9'5" x 8'5"), uPVC double glazed window to the side elevation. A range of wall and base units with roll edge worktops. Integrated oven, gas hobs and extractor fan. Space for a washing machine and fridge freezer. Combi boiler. Stainless steel sink and drainer with a mixer tap. Tiled splashbacks. Light and power points. uPVC double glazed door into the inner hallway.

DOWNSTAIRS W/C: 1.35m x 0.89m (4'5" x 2'11"), Low level w/c. Light and power points.

CONSERVATORY: 2.86m x 2.51m (9'5" x 8'3"), uPVC double glazed windows. uPVC double glazed roof. Radiator. Light and power points. uPVC double glazed french doors to the garden.

STARICASE AND LANDING: Loft hatch. Light and power points. Doors into the bedrooms and bathroom.

MASTER BEDROOM: 4.33m x 3.58m (14'2" x 11'9"), uPVC double glazed windows to the front elevation. Radiator. Light and power points.

BEDROOM TWO: 3.93m x 2.92m (12'11" x 9'7"), uPVC double glazed window to the rear elevation. Radiator. Light and power points.

BATHROOM: 2.85m x 2.63m (9'4" x 8'8"), uPVC double glazed privacy window to the rear elevation. Walk in shower cubicle with mixer showerhead. Panel bathtub with hot and cold taps. Hand wash basin with a mixer tap. Low level w/c. Dado rail. Part tiled. Radiator. Light point.

GARAGE: 7.40m x 2.51m (24'3" x 8'3"), Up and over door to the front elevation. Light and power points.

EXTERNAL: To the front - Stairs leading to the front entrance. Gravel Garden.

To the rear - Tiered patio garden with raised beds, fully enclosed via fence panels. Gated access leading to driveway and detached garage. Gated access leading to lawned garden enclosed via fence panels.

Agent Details

Sleigh & Son, Droylsden

0161 524 7581

Next Steps?

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