2 Bed Terraced House, Single Let, Manchester, M11 1WS, £120,000

10 Mattison Street, Manchester, Greater Manchester, M11 1WS - 2 views - 9 months ago

Sold STC
BTL
ROI: 10%
67 m²
+2 photos

ValuationOvervalued

Sold Prices£69K - £222K
Sold Prices/m²£1.1K/m² - £4.7K/m²

 

 

Square Metres

67 m²
Price/m²£1.8K/m²

Value Estimate

£107,510

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£30,000

Stamp Duty & Legal Fees

£4,800

Total Cash In

£34,800

 

 

Cash Out

 

Rent Range

£825 - £1,350

Rent Estimate

£865

Running Costs/mo

£568

Cashflow/mo

£297

Cashflow/yr

£3,564

ROI

10%

Gross Yield

9%

Local Sold Prices

50 sold prices from £69K to £222K, average is £130K. £1.1K/m² to £4.7K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£105K01/210.04 mi28, Vine Street, Manchester, Greater Manchester M11 1LJ2
£110.5K06/210.04 mi70, Ackroyd Street, Manchester, Greater Manchester M11 1WT2
£161K11/220.1 mi20, Tinningham Close, Manchester, Greater Manchester M11 1NB2
£222K02/230.13 mi15, Brinklow Close, Manchester, Greater Manchester M11 1NH2
£155K01/240.15 mi89, Lees Street, Openshaw, Manchester, Greater Manchester M11 1NW2
£144K04/210.2 mi46, Delamere Street, Manchester, Greater Manchester M11 1JY2
£140K02/240.21 mi47, Courier Street, Manchester, Greater Manchester M18 8SY2
£138K07/220.24 mi7, Franklyn Road, Manchester, Greater Manchester M18 8QX2
£129K06/230.25 mi43, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SW2
£105K02/240.25 mi29, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SW2
£132.1K01/230.26 mi54, Wheler Street, Manchester, Greater Manchester M11 1DF2
£138K05/240.27 mi46, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SN2
£112K12/210.27 mi20, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SN2
£115K01/230.27 mi19, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£141K07/230.28 mi8, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£125K07/210.28 mi36, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£130K03/240.28 mi13, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£160.2K06/230.28 mi4, Ernocroft Grove, Manchester, Greater Manchester M18 8GB2
£118.5K10/220.28 mi77, Wheler Street, Manchester, Greater Manchester M11 1DT2
£100K11/200.3 mi46, Butman Street, Manchester, Greater Manchester M18 8TG2
£100K11/200.3 mi46, Butman Street, Manchester, Greater Manchester M18 8TG2
£155K02/230.3 mi3, Kenyon Street, Manchester, Greater Manchester M18 8SH2
£110K12/200.3 mi105, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TJ2
£145K12/230.3 mi41, Corrigan Street, Manchester, Greater Manchester M18 8QS2
£80K06/240.32 mi34, Longford Street, Manchester, Greater Manchester M18 8GQ2
£69K12/200.32 mi70, Longford Street, Manchester, Greater Manchester M18 8GQ2
£108K04/210.34 mi208, Lees Street, Abbey Hey, Manchester, Greater Manchester M18 8QN2
£145K12/200.34 mi16, Bendall Street, Manchester, Greater Manchester M11 1GE2
£160K05/230.34 mi201, Lees Street, Abbey Hey, Manchester, Greater Manchester M18 8GA2
£135K03/230.34 mi18, Gidlow Street, Manchester, Greater Manchester M18 8GE2
£102.5K11/200.35 mi52, Madison Street, Manchester, Greater Manchester M18 8SD2
£150K02/230.35 mi94, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6BA2
£145K01/230.35 mi126, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6BA2
£90K12/230.35 mi12, Bread Street, Manchester, Greater Manchester M18 8QF2
£115K12/200.38 mi24, Sandown Street, Manchester, Greater Manchester M18 8SA2
£108K10/200.39 mi328, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RP2
£95K04/210.39 mi290, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RP2
£89K11/200.4 mi4, Burman Street, Manchester, Greater Manchester M11 1EY2
£110K01/210.41 mi213, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TN2
£135K03/230.41 mi297, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RH2
£174K12/220.42 mi19, Aysgarth Avenue, Manchester, Greater Manchester M18 8RA2
£125K05/210.44 mi2, Violet Street, Manchester, Greater Manchester M18 8TU2
£125K05/210.44 mi2, Violet Street, Manchester, Greater Manchester M18 8TU2
£135K03/210.44 mi1, Copperas Lane, Droylsden, Manchester, Greater Manchester M43 6HP2
£150K10/220.45 mi53, Harrop Street, Manchester, Greater Manchester M18 8RN2
£130K12/200.45 mi26, Ewan Street, Manchester, Greater Manchester M18 8WS2
£130K12/200.45 mi26, Ewan Street, Manchester, Greater Manchester M18 8WS2
£192K11/230.46 mi2, Mere Avenue, Droylsden, Manchester, Greater Manchester M43 6BF2
£90K12/230.46 mi12, Hollybush Street, Manchester, Greater Manchester M18 8PS2
£145K07/230.47 mi47, Carberry Road, Manchester, Greater Manchester M18 8PR2

Local Rents

51 rents from £825/mo to £1.4K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£1,20003/250.01 mi-2
£1,00005/240.07 miCampbell House, Ashton Road, Openshaw2
£1,02505/240.07 miCampbell House, Ashton Road, Openshaw2
£1,29912/240.08 mi-2
£1,00005/240.1 miAshton Old Road, Manchester, Greater Manchester, M112
£95005/240.17 mi-2
£95005/240.17 miMontana Square, Manchester, M112
£90012/240.21 mi-2
£1,15005/240.24 miGrapevine Avenue, Manchester, Greater Manchester, M182
£1,35005/240.26 mi-2
£90002/240.27 mi-2
£90002/240.27 mi-2
£95005/240.28 mi-2
£95006/240.28 mi-2
£95012/240.28 mi-2
£87012/240.3 mi-2
£87012/240.3 mi-2
£90012/240.3 mi-2
£92510/240.31 mi-2
£95005/240.31 miLongford Street, Manchester, M182
£95005/240.31 miJetson Street, Manchester2
£1,00005/240.31 mi-2
£87512/240.31 mi-2
£82505/240.32 mi4 Maybury Street, Manchester, Greater Manchester, M18 8GP2
£1,25012/240.32 mi-2
£97506/240.34 miOld Lane, Manchester, M112
£97512/240.34 mi-2
£89505/240.35 miMadison Street, Abbey Hey, Manchester, Greater Manchester, M182
£1,20005/240.35 mi-2
£1,05002/250.36 mi-2
£1,05003/250.36 mi-2
£1,05012/240.41 mi-2
£1,10012/240.44 mi-2
£1,20003/250.45 mi-2
£90005/240.46 miHawthorn Street, Gorton, MANCHESTER, M182
£85005/240.47 mi-2
£95005/240.52 mi-2
£1,30004/240.54 mi-2
£97505/240.56 miKeston Avenue, Manchester, Greater Manchester, M92
£1,20005/240.56 miEastwood Avenue, Droyslden, M432
£1,20012/240.56 mi-2
£1,20003/250.57 miEccles Close, Manchester, M112
£95006/240.58 miAcheson Street, Manchester2
£99501/250.58 mi-2
£90008/240.59 miBuxton Lane, Droylsden, Manchester, Greater Manchester, M432
£1,10011/240.6 mi-2
£90006/240.6 mi-2
£90005/240.6 miSt. Andrews Avenue, Droylsden, Manchester, M432
£90006/240.6 miSt. Andrews Avenue, Droylsden, Manchester, M432
£1,00005/240.61 miAshkirk Street, Manchester2
£1,15005/240.62 miHigh Bank Road, Droylsden, Manchester, M432

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

3.75 miles away

Nearest school

0.10 miles away

Nearest train station

0.26 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £120,000

July 15, 2024

Sold for £69,000

2011

Floor Plans

Description

  • Two bedroom mid terrace. +
  • Ideal BTL Investment. +
  • GCH & Double glazed. +
  • 2 x Reception rooms. +
  • Close to local amenities. +
  • Popular location. +

Well-presented Two-bedroom mid terrace which is at present tenanted is being offered for sale and represent an excellent opportunity for a BTL investor. Located in the popular residential location of Openshaw close to local amenities such as shops, schools, transport links into MANCHESTER CITY centre and also within walking distance of Lime Square retail park. The accommodation benefits from having gas central heated, PVCu double glazing, modern kitchen and bathroom. Viewings are highly recommended.

Agent Details

Edward Mellor Ltd, Droylsden

0161 524 2800

Next Steps?

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