2 Bed Flat, Single Let, Manchester, M16 0PG, £255,000
Insignia, 86 TALBOT ROAD, STRETFORD, M16 0PG - 2 views - 10 months ago
Leasehold
BTL
~68 m²





+9 photos
ValuationOvervalued
Sold Prices | £65K - £263K |
Sold Prices/m² | £1K/m² - £4.4K/m² |
| |
Square Metres | ~68.11 m² |
Price/m² | £3.7K/m² |
Value Estimate | £211,908 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £63,750 |
Stamp Duty & Legal Fees | £9,100 |
Total Cash In | £72,850 |
| |
Cash Out | |
Rent Range | £950 - £2,900 |
Rent Estimate | £991 |
Running Costs/mo | £1,015 |
Cashflow/mo | £-24 |
Cashflow/yr | £-289 |
Gross Yield | 5% |
Local Sold Prices
31 sold prices from £65K to £263K, average is £199.9K. £1K/m² to £4.4K/m², average is £3.2K/m².
Local Rents
51 rents from £950/mo to £2.9K/mo, average is £1.3K/mo.
Local Area Statistics
Population in M16 | 35,559 |
Population in Manchester | 920,095 |
Town centre distance | 1.48 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.16 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +36% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +80% |
Property History
Listed for £255,000
July 3, 2024
Floor Plans

Description
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