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3 Bed Flat, Single Let, Manchester, M14 5RH, £190,000

ELLERSLIE COURT Upper Park Road, Manchester, Greater Manchester, M14 5RH - 4 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 7%
88 m²
+12 photos

ValuationUndervalued

Sold Prices£150K - £650K
Sold Prices/m²£2.1K/m² - £5K/m²

 

 

Square Metres

87.60 m²
Price/m²£2.2K/m²

Value Estimate

£235,600
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£602 - £2,500

Rent Estimate

£1,164

Running Costs/mo

£847

Cashflow/mo

£317

Cashflow/yr

£3,809

ROI

7%

Gross Yield

7%

Local Sold Prices

40 sold prices from £150K to £650K, average is £269K. £2.1K/m² to £5K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£250K01/231.02 mi3, Croasdale Avenue, Manchester, Greater Manchester M14 6GU3
£279K09/231.05 mi35, Croasdale Avenue, Manchester, Greater Manchester M14 6GU3
£170K05/211.1 miFlat 1, Willow Court, Willow Bank, Manchester, Greater Manchester M14 6XP3
£225K04/231.22 mi22, Betsham Street, Manchester, Greater Manchester M15 5JN3
£242.5K08/231.24 mi15, Lockton Close, Manchester, Greater Manchester M1 7JG3
£200K12/221.25 mi27, Lockton Close, Manchester, Greater Manchester M1 7JG3
£290K08/221.48 mi4, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£275K12/201.49 miApartment 21, Velvet Court, Granby Row, Manchester, Greater Manchester M1 7AB3
£275K09/221.49 mi30, Bell Crescent, Manchester, Greater Manchester M11 3UA3
£277.5K02/231.5 mi4, Calverley Avenue, Manchester, Greater Manchester M19 2JR3
£225K12/221.52 mi11, Humberstone Avenue, Manchester, Greater Manchester M15 5EE3
£230K04/231.52 mi27, Humberstone Avenue, Manchester, Greater Manchester M15 5EE3
£213K06/231.57 mi6, Queensland Road, Manchester, Greater Manchester M18 8BL3
£500K07/231.73 mi16, Spindle Mews, Manchester, Greater Manchester M4 6DB3
£227.5K04/241.95 mi40, Woodlawn Court, Manchester, Greater Manchester M16 9RJ3
£337.5K01/231.96 miFlat 112, Former St. Georges Church, Arundel Street, Manchester, Greater Manchester M15 4JZ3
£298.3K01/242.01 mi2, Fulford Street, Manchester, Greater Manchester M16 9PU3
£312.5K03/232.06 mi33, Martlesham Walk, Manchester, Greater Manchester M4 1LY3
£320K08/232.06 mi11, Martlesham Walk, Manchester, Greater Manchester M4 1LY3
£365K09/212.07 mi135, Cavendish Road, Manchester, Greater Manchester M20 1LS3
£310K02/212.07 mi24, Anita Street, Manchester, Greater Manchester M4 5DU3
£273K09/212.07 mi31, Anita Street, Manchester, Greater Manchester M4 5DU3
£245K03/212.08 mi32, Len Cox Walk, Manchester, Greater Manchester M4 5LA3
£410K10/212.15 mi29, Robert Harrison Avenue, Manchester, Greater Manchester M20 1LW3
£157.5K06/212.18 miFlat 6, Stanley Court, Stanley Road, Old Trafford, Manchester, Greater Manchester M16 9DL3
£260K02/232.45 mi27, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ3
£273K08/222.45 mi48, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ3
£178.5K11/202.52 mi25, Bevill Square, Salford, Greater Manchester M3 6BB3
£235K07/232.52 mi25, Bevill Square, Salford, Greater Manchester M3 6BB3
£219.9K02/212.53 miApartment 45, Central Court, Melville Street, Salford, Greater Manchester M3 6DH3
£177K07/212.63 mi34, Lockett Gardens, Salford, Greater Manchester M3 6BJ3
£443K02/212.65 mi18, Atwood Road, Manchester, Greater Manchester M20 6TD3
£352.5K06/232.73 mi36a, Crossway, Manchester, Greater Manchester M20 6TT3
£150K10/202.86 mi42, Linen Court, Salford, Greater Manchester M3 6JG3
£205K05/212.9 miFlat 24, Viceroy Court, Wilmslow Road, Manchester, Greater Manchester M20 2RJ3
£260K03/212.9 miFlat 28, Viceroy Court, Wilmslow Road, Manchester, Greater Manchester M20 2RJ3
£265K03/232.9 miFlat 4, Viceroy Court, Wilmslow Road, Manchester, Greater Manchester M20 2RJ3
£290K04/232.9 miFlat 24, Viceroy Court, Wilmslow Road, Manchester, Greater Manchester M20 2RJ3
£295K12/232.9 miFlat 19, Viceroy Court, Wilmslow Road, Manchester, Greater Manchester M20 2RJ3
£650K04/232.92 miFlat 2, Dene Manor, Dene Park, Manchester, Greater Manchester M20 2GF3

Local Rents

50 rents from £602/mo to £2.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,35005/240 miEllerslie Court, Upper Park Road, Manchester, M143
£1,50005/240 miEllerslie Court, Upper Park Road, M143
£1,12805/240.15 miSchuster Road, Manchester, M143
£1,65006/240.18 miSchuster Rd, Rusholme, M143
£1,65012/240.18 mi-3
£1,60005/240.18 miSchuster Road, Victoria Park, M143
£1,58605/240.2 miFlat 7, 301 Upper Brook Street, Manchester, Greater Manchester, M133
£1,63505/240.21 miDaisy Bank Road, Manchester, M143
£1,87505/240.23 miAnson Road, Manchester, M143
£1,87505/240.23 miAnson Road, Manchester, M143
£1,39105/240.24 miHibbert Street, Rusholme3
£1,62505/240.24 miGrandale Street, Rusholme, Manchester3
£1,20005/240.25 miMilverton Road, Manchester, Greater Manchester, M143
£1,56005/240.25 miHanover Crescent, Rusholme3
£1,53405/240.26 miDickenson Road, Manchester M14 5HF3
£1,56005/240.26 miHibbert Street, Rusholme3
£1,20005/240.26 miHibbert Street, Manchester, Greater Manchester, M143
£2,14505/240.27 miClaremont Road, Rusholme, Manchester3
£1,65006/240.27 miRusholme Place, Manchester, M14 5TG3
£1,49505/240.27 miDickenson Road, Fallowfield, Manchester, M143
£1,49505/240.27 miDickenson Road, Rusholme, Manchester, M143
£1,82005/240.28 miDickenson Road, Fallowfield, Manchester, M143
£1,80005/240.29 mi£139 pp/pwk, Welby Street, Victoria Park, Manchester, M13
£60205/240.29 mi£1800 PCM, Welby Street, Victoria Park, Manchester, M13
£1,36505/240.3 miStanley Avenue, Manchester, Greater Manchester, M143
£1,36505/240.3 miStanley Avenue, Rusholme3
£1,40006/240.3 miMarcus Grove, Rusholme, Manchester3
£1,36505/240.31 miOlivia Grove, Rusholme, M143
£1,36505/240.31 miOlivia Grove, M143
£1,80005/240.33 mi£139 pp/pwk, Denham Street,Victoria Park,Manchester,M133
£1,97605/240.33 miGreat Western Street, Manchester, Greater Manchester, M143
£1,97605/240.33 miGreat Western Street, Manchester, Greater Manchester, M143
£1,80003/240.34 mi£139 pp/pwk, Eston St., Victoria Park, Manchester, M133
£1,82005/240.34 miDaisy Bank Road, Manchester, Greater Manchester, M143
£1,82005/240.34 miDaisy Bank Road, Manchester, Greater Manchester, M143
£1,39505/240.37 miTrinity Walk, Manchester, M143
£1,45005/240.37 miWest Grove, Manchester, M133
£2,50005/240.41 mi7 , M143
£1,97605/240.43 miBirchfields Road, 3 bed, Victoria Park, Manchester3
£1,97605/240.43 miBirchfields Road, 3 bed, Victoria Park, Manchester3
£1,25003/250.43 mi-3
£1,97605/240.44 miBirchfields Road, Rusholme, Manchester, M133
£1,56005/240.44 miEileen Grove, Fallowfield, Manchester, M143
£1,69512/240.46 mi-3
£1,59512/240.46 mi-3
£1,25006/240.47 miEaling Avenue. Fallowfield, M14 5WF3
£1,29505/240.47 miNewport Street, Manchester, M143
£1,36505/240.48 miCamborne Street, Rusholme, M143
£1,37503/240.48 miCamborne Street, Rusholme, Manchester, M143
£1,69005/240.49 miLetchworth Street, 3 Bed, Rusholme, Manchester3

Links

Local Area Statistics

Population in M14

52,853

Population in Manchester

920,095

Town centre distance

1.24 miles away

Nearest school

0.40 miles away

Nearest train station

1.09 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £190,000

August 1, 2024

Sold for £123,950

2002

Floor Plans

Description

A well presented three bedroom apartment offered to the market with no onward vendor chain. Internally there is a hallway with storage cupboard, a large open plan living/dining room and a modern kitchen with integrated appliances. The master bedroom boasts a provate en-suite shower room with two further bedrooms and a modern family bathroom.

Externally there are communal gardens and residents parking.

Ellerslie Court is a quiet development close to Manchester City Centre with great public transport links. The Universities and Hospitals are within commuting distance and there are lots of local shops, bars and restaurants nearby with the famous Curry Mile just a short walk away.

Agent Details

Bridgfords, Withington

0161 524 2534

Next Steps?

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

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