3 Bed Semi-Detached House, Single Let, Manchester, M11 4HG, £180,000

Homebury Drive, Clayton, M11 4HG - 5 views - 10 months ago

Sold STC
BTL
ROI: 6%
~93 m²
+6 photos

ValuationFair Value

Sold Prices£110K - £240K
Sold Prices/m²£1.1K/m² - £2.9K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£179,277

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

£960 - £3,600

Rent Estimate

£1,029

Running Costs/mo

£788

Cashflow/mo

£241

Cashflow/yr

£2,888

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £110K to £240K, average is £155.5K. £1.1K/m² to £2.9K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£197.5K11/220.08 mi5, Whiteley Street, Manchester, Greater Manchester M11 4HF3
£170K06/220.08 mi11, Whiteley Street, Manchester, Greater Manchester M11 4HF3
£140K04/210.09 mi2, Thirsfield Drive, Manchester, Greater Manchester M11 4BF3
£156K07/210.09 mi5, Ravensbury Street, Manchester, Greater Manchester M11 4GG3
£182K09/220.12 mi18, Ashurst Avenue, Manchester, Greater Manchester M11 4FP3
£130K01/210.12 mi124, Clayton Street, Manchester, Greater Manchester M11 4HU3
£170K11/230.14 mi30, Tartan Street, Manchester, Greater Manchester M11 4EG3
£140K04/240.14 mi49, John Heywood Street, Manchester, Greater Manchester M11 4BG3
£180K10/220.15 mi19, Hartington Drive, Manchester, Greater Manchester M11 4BR3
£180.9K10/220.15 mi17, Hartington Drive, Manchester, Greater Manchester M11 4BR3
£145K10/210.16 mi15, East Grange Avenue, Manchester, Greater Manchester M11 4JB3
£145K01/210.17 mi19, Ben Street, Manchester, Greater Manchester M11 4EW3
£128.5K07/210.18 mi18, Vale Street, Manchester, Greater Manchester M11 4WG3
£180K06/230.18 mi42, John Heywood Street, Manchester, Greater Manchester M11 4FN3
£145K01/210.18 mi19, Ben Street, Manchester, Greater Manchester M11 4EW3
£187K12/220.19 mi6, Easthaven Avenue, Manchester, Greater Manchester M11 4RN3
£185K02/230.2 mi3, Gleneagles Avenue, Manchester, Greater Manchester M11 4JU3
£140K10/220.2 mi13, Tartan Street, Manchester, Greater Manchester M11 4GD3
£150K07/210.21 mi24, Himley Road, Manchester, Greater Manchester M11 4JF3
£155K09/210.22 mi23, Himley Road, Manchester, Greater Manchester M11 4JE3
£110K03/230.23 mi76, Lingfield Road, Manchester, Greater Manchester M11 4ND3
£141K05/210.23 mi30, Clayton Hall Road, Manchester, Greater Manchester M11 4WH3
£145K03/210.23 mi36, Clayton Hall Road, Manchester, Greater Manchester M11 4WH3
£160K12/200.23 mi42, Clayton Hall Road, Manchester, Greater Manchester M11 4WH3
£132.6K05/210.23 mi12, Clayton Hall Road, Manchester, Greater Manchester M11 4WH3
£165K01/240.23 mi77, Pioneer Street, Manchester, Greater Manchester M11 4FR3
£145.4K02/210.24 mi15, Goldenhill Avenue, Manchester, Greater Manchester M11 4NS3
£140K11/200.24 mi18, Tottington Street, Manchester, Greater Manchester M11 4WT3
£134.5K08/210.25 mi61, Vale Street, Manchester, Greater Manchester M11 4RR3
£170K10/220.26 mi19, Walsden Street, Manchester, Greater Manchester M11 4NJ3
£132K12/200.27 mi11, Fourth Avenue, Manchester, Greater Manchester M11 4LZ3
£190K05/220.28 mi87, Bank Street, Manchester, Greater Manchester M11 4DF3
£137K11/200.31 mi11, Folkestone Road West, Manchester, Greater Manchester M11 4LS3
£190K12/230.31 mi2, Lingfield Road, Manchester, Greater Manchester M11 4JZ3
£200K10/220.33 mi25, Folkestone Road West, Manchester, Greater Manchester M11 4LS3
£135K12/200.33 mi18, Kingsbury Road, Manchester, Greater Manchester M11 4NN3
£125K01/210.34 mi16, Second Avenue, Manchester, Greater Manchester M11 4LX3
£240K03/240.36 mi311, North Road, Manchester, Greater Manchester M11 4LB3
£125.1K04/210.38 mi10, Coatbridge Street, Manchester, Greater Manchester M11 4RD3
£160K03/230.39 mi134, North Road, Manchester, Greater Manchester M11 4LD3
£175K09/220.39 mi96, North Road, Manchester, Greater Manchester M11 4LD3
£200K12/220.41 mi16, Folkestone Road, Manchester, Greater Manchester M11 4LJ3
£205K03/240.42 mi1, Minorca Avenue, Manchester, Greater Manchester M11 4RZ3
£166K03/210.44 mi62, Powell Street, Clayton, Manchester, Greater Manchester M11 4GY3
£130K04/210.47 mi45, Coatbridge Street, Manchester, Greater Manchester M11 4QZ3
£210K10/220.47 mi32, North Crescent, Manchester, Greater Manchester M11 4LR3
£149.5K11/210.48 mi1, Lavenham Avenue, Manchester, Greater Manchester M11 4GB3
£150K10/210.48 mi11, Bob Massey Close, Openshaw, Manchester, Greater Manchester M11 2GF3
£194K06/230.48 mi109, Seymour Road South, Manchester, Greater Manchester M11 4PS3
£175K03/230.48 mi85, Seymour Road South, Manchester, Greater Manchester M11 4PS3

Local Rents

48 rents from £960/mo to £3.6K/mo, average is £1.5K/mo.

RentDateDistanceAddressBeds 
£1,50004/250.01 mi-3
£1,05011/240.03 mi-3
£1,49504/240.05 mi-3
£1,60012/240.09 mi-3
£2,78105/240.09 miThirsfield Drive, Manchester, Greater Manchester, M113
£2,75005/240.1 mi-3
£1,49512/240.13 mi-3
£1,49506/240.14 miHalton Road, Manchester, Greater Manchester, M113
£1,20012/240.14 mi-3
£1,15012/240.14 mi-3
£1,50005/240.17 miGlamis Avenue, M113
£1,39501/250.17 mi-3
£1,29904/250.17 mi-3
£1,49504/250.17 mi-3
£3,09912/240.19 mi-3
£2,69902/250.19 mi-3
£1,65005/240.19 miMidville Road, Manchester, M113
£1,65012/240.19 mi-3
£1,65004/250.19 mi-3
£3,60012/240.19 mi-3
£3,00012/240.19 mi-3
£3,00012/240.19 mi-3
£2,70002/250.19 mi-3
£1,65012/240.2 mi-3
£1,10005/240.22 miHimley Road, Manchester, M113
£1,50005/240.23 mi-3
£1,45004/240.23 mi-3
£2,50012/240.24 mi-3
£1,50004/250.24 mi-3
£1,19505/240.25 miPioneer Street, Manchester, M113
£96012/240.25 mi-3
£99505/240.27 miFolkestone Road West, Clayton, Manchester, M11 4QP3
£1,10002/250.27 mi-3
£1,30012/240.28 mi-3
£1,25012/240.28 mi-3
£1,20005/240.34 miCoatbridge Street, Clayton3
£1,20012/240.39 mi-3
£1,30001/240.42 mi-3
£2,80012/240.46 mi-3
£2,80012/240.46 mi-3
£1,25003/250.53 mi-3
£1,29505/240.55 miAmos Avenue, Manchester, M403
£2,40005/240.56 mi-3
£1,32503/250.56 mi-3
£1,30012/240.61 mi-3
£2,80006/240.61 mi-3
£2,60003/250.61 mi-3
£1,20003/250.62 mi-3

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

3.51 miles away

Nearest school

0.20 miles away

Nearest train station

0.82 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £180,000

June 21, 2024

Floor Plans

Description

  • Spacious Corner plot. +
  • Gardens and Parking. +
  • Chain free. +
  • GCH & Double Glazed. +
  • Close to local amenities. +
  • Popular location. +

IDEAL FAMILY HOME - FIRST TIME BUY OR BTL INVESTMENT . We are delighted to bring to the market this Semi Detached family home which is being sold chain free and is located within this spacious corner plot. The property offers off road parking and a large garden offering excellent potential to extend if required. The property additionally benefits from, gas central heating and PVCu double glazing. Located in this ever-popular residential location close to great amenities such as shops, schools transport links, including the Metro link network, the property is also close to Medlock, Clayton and Sunnybank vales. Viewings are highly recommended.

Agent Details

Edward Mellor Ltd, Droylsden

0161 524 2800

Next Steps?

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