2 Bed Flat, Single Let, Manchester, M16 9HU, £200,000

Westpoint, Chester Road, Manchester, Greater Manchester, M16 9HU - 1 views - 8 months ago

Leasehold
BTL
ROI: 3%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£102K - £540K
Sold Prices/m²£1.7K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£184,708

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£950 - £1,655

Rent Estimate

£998

Running Costs/mo

£845

Cashflow/mo

£153

Cashflow/yr

£1,841

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £102K to £540K, average is £163.5K. £1.7K/m² to £3.8K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£178K03/230.51 mi15, Radclyffe Mews, Salford, Greater Manchester M5 3GD2
£170K02/230.51 mi17, Radclyffe Mews, Salford, Greater Manchester M5 3GD2
£215K12/220.58 mi326, City Road, Manchester, Greater Manchester M15 4FA2
£122.5K05/210.58 mi377a, Stretford Road, Manchester, Greater Manchester M15 4AW2
£137K08/210.6 mi28, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4AU2
£142K05/210.6 mi56, Chorlton Road, Manchester, Greater Manchester M15 4AU2
£137.5K11/200.6 mi60, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4AU2
£134K10/210.61 mi143c, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4JG2
£174K12/230.61 mi159b, Chorlton Road, Manchester, Greater Manchester M15 4JG2
£157.5K04/210.61 mi15, Shawgreen Close, Manchester, Greater Manchester M15 4DR2
£142K05/210.61 mi56, Chorlton Road, Manchester, Greater Manchester M15 4AU2
£162K03/230.64 mi24, Bankwell Street, Hulme, Manchester, Greater Manchester M15 5LN2
£157.5K05/230.66 mi22, Yew Street, Hulme, Manchester, Greater Manchester M15 5YW2
£144K02/210.67 mi71, Drayton Street, Hulme, Manchester, Greater Manchester M15 5LL2
£144K02/210.67 mi71, Drayton Street, Hulme, Manchester, Greater Manchester M15 5LL2
£159.5K11/220.67 mi75, Drayton Street, Manchester, Greater Manchester M15 5LL2
£138K07/210.68 mi324a, Stretford Road, Manchester, Greater Manchester M15 5TP2
£153.5K03/210.68 mi41, Greenwood Terrace, Salford, Greater Manchester M5 3GH2
£180K05/230.69 mi32, Abbotside Close, Manchester, Greater Manchester M16 7RP2
£160K03/230.69 mi98, Bold Street, Hulme, Manchester, Greater Manchester M15 5QH2
£263K12/230.69 mi44, Merchants Quay, Salford, Greater Manchester M50 3XR2
£160K08/230.72 mi1d, Rolls Crescent, Manchester, Greater Manchester M15 5JZ2
£210K10/200.73 mi88, Merchants Quay, Salford, Greater Manchester M50 3XG2
£210K10/200.73 mi88, Merchants Quay, Salford, Greater Manchester M50 3XG2
£250K10/210.73 mi62, Merchants Quay, Salford, Greater Manchester M50 3XG2
£180K12/220.73 miApartment 47, Slater House, Woden Street, Salford, Greater Manchester M5 4UE2
£540K02/210.73 mi15, Whalley Road, Manchester, Greater Manchester M16 8AD2
£153K12/230.75 miRenolds House, Apartment 19, Everard Street, Salford, Greater Manchester M5 4UB2
£114K11/230.75 miApartment 1, Renolds House, Everard Street, Salford, Greater Manchester M5 4UB2
£187K05/230.77 mi61, Woodlawn Court, Manchester, Greater Manchester M16 9RL2
£205.5K12/220.78 mi53, Woodlawn Court, Manchester, Greater Manchester M16 9RL2
£250K07/210.79 miFlat 301, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ2
£260K06/230.79 miFlat 108, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ2
£165K06/230.8 mi296b, Stretford Road, Manchester, Greater Manchester M15 5TN2
£195K06/210.81 mi2, Woodlawn Court, Manchester, Greater Manchester M16 9RH2
£199.9K03/210.81 mi48, Woodlawn Court, Manchester, Greater Manchester M16 9RJ2
£130K01/210.81 miFlat 29, Thomas Court, Beattock Close, Manchester, Greater Manchester M15 4JA2
£210K09/210.82 miFlat 202, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ2
£148K05/210.83 mi94, Jackson Crescent, Manchester, Greater Manchester M15 5AA2
£172.5K06/230.83 mi94, Jackson Crescent, Manchester, Greater Manchester M15 5AA2
£173.5K12/220.83 mi86, Jackson Crescent, Manchester, Greater Manchester M15 5AA2
£172K03/240.84 mi7, St Wilfrids Street, Manchester, Greater Manchester M15 5XE2
£142.5K10/230.85 mi26, Chichester Road South, Hulme, Manchester, Greater Manchester M15 5QQ2
£136.1K01/230.86 miFlat 66, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ2
£138K03/230.86 miFlat 102, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ2
£102K03/210.86 miFlat 101, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ2
£138K07/230.86 miFlat 90, Imogen Court, Asgard Drive, Salford, Greater Manchester M5 4TQ2
£170K12/220.86 mi44, Jackson Crescent, Manchester, Greater Manchester M15 5AA2
£173K11/210.86 miApartment 72, Irwell Building, Derwent Street, Salford, Greater Manchester M5 4SS2
£171.5K07/210.86 miApartment 49, Irwell Building, Derwent Street, Salford, Greater Manchester M5 4SS2

Local Rents

50 rents from £950/mo to £1.7K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,46005/240 miWestpoint, Chester Road2
£99503/250.08 mi-2
£1,25006/240.13 miChester Road, Old Trafford, Manchester2
£1,05005/240.15 miMetropolitan House, Brindley Road, Manchester, Greater Manchester, M162
£95005/240.15 miMetropolitan House, Brindley Road, Manchester, Greater Manchester, M162
£1,05005/240.16 miThe Pulse, 25 Chorlton Street, Old Trafford, Manchester, M162
£1,10005/240.19 mi78 Northumberland Road, Old Trafford2
£1,30005/240.21 mi-2
£1,42505/240.21 mi-2
£1,20003/240.22 miPulse Apartments, Manchester Street, M162
£1,00005/240.22 miManchester Road, Trafford2
£1,10005/240.22 miManchester Street, Manchester, Greater Manchester, M162
£1,09503/240.22 miThe Pulse, 50 Manchester Street, Manchester, M162
£1,40005/240.22 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,40005/240.22 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,45005/240.22 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,35005/240.22 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,35005/240.22 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,35005/240.22 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,40005/240.22 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,05005/240.22 miHulme, Manchester, M162
£1,25005/240.22 miMadison Apartments, Manchester, M16 0NB2
£1,10005/240.22 miPulse apartments, 50 Manchester Street, Manchester2
£1,10006/240.22 miPulse apartments, 50 Manchester Street, Manchester2
£1,10002/240.22 mi-2
£1,45005/240.23 miTower C, X1 Manchester Waters, 5 Pomona Strand , Old Trafford2
£1,20005/240.24 miUrban Green, Old Trafford2
£1,65005/240.24 miUrban Green, 75 Seymour Grove, Old Trafford, Manchester2
£1,55012/240.25 mi-2
£1,20005/240.25 mi-2
£1,30006/240.25 mi-2
£1,55012/240.26 mi-2
£1,15005/240.26 miPark Rise, Trafford Plaza, 73 Seymour Grove, Manchester, M162
£1,30005/240.26 miUrban Green, Old Trafford, Manchester, M162
£1,35005/240.26 miUrban Green, 75 Seymour Grove, Old Trafford2
£1,65505/240.26 miUrban Green, 75 Seymour Grove , Old Trafford 2
£1,40005/240.26 miUrban Green, 75 Seymour Grove, Old Trafford2
£1,30005/240.26 miUrban Green , 75 Seymour Grove, Old Trafford2
£1,44505/240.26 miUrban Green , 75 Seymour Grove, Old Trafford2
£1,20005/240.26 miUrban Green, Old Trafford, M162
£1,30005/240.26 miUrban Green, Old Trafford, M162
£1,24505/240.26 miUrban Green, 75 Seymour Grove, Old Trafford2
£1,50005/240.26 miUrban Green, 75 Seymour Grove, Old Trafford2
£1,20005/240.26 miUrban Green , 75 Seymour Grove, Old Trafford2
£1,25005/240.26 miUrban Green, MN162
£1,30005/240.26 miUrban Green, 75 Seymour Grove, Manchester, M162
£1,25005/240.26 miUrban Green , 75 Seymour Grove, Old Trafford2
£1,20005/240.26 miUrban Green, 75 Seymour Grove, Old Trafford2
£1,35006/240.26 miUrban Green , 75 Seymour Grove, Old Trafford2
£1,15005/240.26 miSeymour Grove, Manchester,M162

Local Area Statistics

Population in M16

35,559

Population in Manchester

920,095

Town centre distance

1.05 miles away

Nearest school

0.30 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Buyer's market

Capital growth (5yrs)

+80%

Property History

Listed for £200,000

August 1, 2024

Floor Plans

Description

  • Floors 7 th floor +
  • 2 Bedroom 1 Bathroom +
  • Service Charge 2500/annum +
  • Ground Rent approx £250 PA +

Introducing Westpoint, designed meticulously to the highest standard offering residents a luxury modern living experience. By combining excellent connectivity, world class sporting venues, retail destinations and home to the UK's most prestigious and Ofsted rated "outstanding" schools.

Trafford is firmly on the map as one of Manchester's compelling locations for young professionals, students and young families to live. Surrounded by world famous sporting landmarks such as Man United Football stadium.

Westpoint comprising of 317 studio and 1-2 bed apartments located in the heart of a huge regeneration area which offers exclusive features such as concierge service, on-site gym, co-working space and residents lounge. This one bedroom apartment is well positioned on the 13th floor with unrivalled views across Manchester City Center.

The project is located between Manchester Center and UK Media City
6 mins walk to Trafford Bar light rail station
12 mins walk to White City Retail Park, meeting daily needs
8-10 mins drive to University of Manchester and University of Salford respectively
10 mins drive or 17 mins by metro to Media City, there?re many media and technology companies, with a wide range of tenants

Location is everything. Westpoint is within a highly accessible area with close proximity to Trafford Bar metrolink services, which takes you straight to Manchester City Centre, Salford Quays and Media City, Trafford Park Industrial estate and Manchester Airport. It is close to the A56 and less than a mile from the M60 Manchester's outer ring road. It is also situated just around the corner from Chorlton which offers an array of artisan eateries, independent coffee shops and quirky bars, all on your doorstep and also falls within the Trafford schools catchment area.

Agent Details

LANSHA LTD, Covering London

020 3988 4368

Next Steps?

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