2 Bed Flat, Single Let, Manchester, M27 8HN, £140,000

Cumberland Avenue, Clifton, Swinton, M27 8HN - 3 views - 9 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~63 m²
+15 photos

ValuationOvervalued

Sold Prices£76K - £200K
Sold Prices/m²£1.3K/m² - £2.9K/m²

 

 

Square Metres

~62.62 m²
Price/m²£2.2K/m²

Value Estimate

£135,347

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£5,400

Total Cash In

£40,400

 

 

Cash Out

 

Rent Range

£695 - £1,300

Rent Estimate

£709

Running Costs/mo

£599

Cashflow/mo

£110

Cashflow/yr

£1,316

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £76K to £200K, average is £124.3K. £1.3K/m² to £2.9K/m², average is £2.2K/m².

PriceDateDistanceAddressBeds 
£117K01/230.09 mi39, Mere Drive, Clifton, Manchester, Greater Manchester M27 8SD2
£76K04/210.09 mi11, Mere Drive, Clifton, Manchester, Greater Manchester M27 8SD2
£76K04/210.09 mi11, Mere Drive, Clifton, Manchester, Greater Manchester M27 8SD2
£115K02/230.09 mi14, Mere Drive, Clifton, Manchester, Greater Manchester M27 8SD2
£112K02/230.1 mi2, Denning Place, Clifton, Manchester, Greater Manchester M27 8AB2
£105K07/230.11 mi17, Denning Place, Clifton, Manchester, Greater Manchester M27 8AB2
£96K01/230.11 mi5, Denning Place, Clifton, Manchester, Greater Manchester M27 8AB2
£125K07/230.16 mi16, Mossfield Road, Pendlebury, Manchester, Greater Manchester M27 6EN2
£90K01/210.23 mi6, Eppleworth Rise, Clifton, Manchester, Greater Manchester M27 8LD2
£110K11/220.23 mi6, Eppleworth Rise, Clifton, Manchester, Greater Manchester M27 8LD2
£150K05/230.66 miFlat 14, Clifton Court, Manchester Road, Clifton, Manchester, Greater Manchester M27 6PD2
£105K04/210.72 mi23, Kirkstile Place, Clifton, Manchester, Greater Manchester M27 6WT2
£117K07/210.73 mi28, Kirkstile Place, Clifton, Manchester, Greater Manchester M27 6WT2
£125K11/220.78 mi29, Clifton Park, Clifton, Manchester, Greater Manchester M27 6YD2
£140K11/220.79 mi28, Clifton Park, Clifton, Manchester, Greater Manchester M27 6YD2
£110K04/210.97 mi94, Partington Lane, Swinton, Manchester, Greater Manchester M27 5YW2
£105K04/211.04 miFlat 8, Copplestone Court, Longview Drive, Wardley, Manchester, Greater Manchester M27 9GJ2
£110K11/201.04 miFlat 4, Longview Court, Longview Drive, Wardley, Manchester, Greater Manchester M27 9GJ2
£115K11/201.04 miFlat 18, Copplestone Court, Longview Drive, Wardley, Manchester, Greater Manchester M27 9GJ2
£110K05/211.04 miFlat 3, Longview Court, Longview Drive, Wardley, Manchester, Greater Manchester M27 9GJ2
£135K03/231.05 mi11, Wayfarers Way, Swinton, Manchester, Greater Manchester M27 5UZ2
£140K05/231.05 mi50, Wayfarers Way, Swinton, Manchester, Greater Manchester M27 5UZ2
£115K10/211.11 mi5, Lyon Street, Swinton, Manchester, Greater Manchester M27 5SG2
£104.7K11/201.13 mi563, Manchester Road, Wardley, Manchester, Greater Manchester M27 9QL2
£104.7K11/201.13 mi563, Manchester Road, Wardley, Manchester, Greater Manchester M27 9QL2
£143K10/221.14 mi79, Brattice Drive, Pendlebury, Manchester, Greater Manchester M27 8WE2
£130K10/221.14 mi103, Brattice Drive, Pendlebury, Manchester, Greater Manchester M27 8WE2
£125K05/211.15 mi5, Bellam Court, Wardley, Manchester, Greater Manchester M27 9GD2
£115K12/201.15 mi16, Bellam Court, Wardley, Manchester, Greater Manchester M27 9GD2
£125K01/211.15 mi25, Bellam Court, Wardley, Manchester, Greater Manchester M27 9GD2
£120K05/231.15 mi1, Bellam Court, Wardley, Manchester, Greater Manchester M27 9GD2
£125K05/211.16 mi112, Brattice Drive, Pendlebury, Manchester, Greater Manchester M27 8WG2
£145K12/221.17 mi122, Brattice Drive, Pendlebury, Manchester, Greater Manchester M27 8WG2
£126K02/211.17 mi84, Brattice Drive, Pendlebury, Manchester, Greater Manchester M27 8WG2
£163K09/211.35 mi43, Moorside Road, Swinton, Manchester, Greater Manchester M27 0HH2
£200K10/221.37 miFlat 3, White Court, Moorside Road, Swinton, Manchester, Greater Manchester M27 0HQ2
£150K04/211.37 miFlat 2, White Court, Moorside Road, Swinton, Manchester, Greater Manchester M27 0HQ2
£113.7K08/231.38 miFlat 14, Manor Lodge, Agecroft Road, Pendlebury, Manchester, Greater Manchester M27 8UF2
£137K11/221.45 mi33, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£152K04/221.47 mi57, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£136K05/221.47 mi3, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£122K09/211.47 mi1, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£133K09/211.47 mi6, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£150K03/231.47 mi7, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£133K02/241.47 mi9, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£124.5K12/201.47 mi75, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£130K09/211.47 mi61, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£116K10/211.47 mi12, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£124K11/211.47 mi42, Pinhigh Place, Salford, Greater Manchester M6 8ND2
£130K02/211.47 mi5, Pinhigh Place, Salford, Greater Manchester M6 8ND2

Local Rents

46 rents from £695/mo to £1.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£92505/240 miAsh Court, Cumberland Point, 46a Cumberland Avenue, Clifton, M272
£90005/240.09 miMere Drive Swinton Manchester Greater Manchester2
£90005/240.09 miMere Drive, Manchester, M272
£99512/240.1 mi-2
£99512/240.1 mi-2
£99512/240.1 mi-2
£92512/240.11 mi-2
£75005/240.13 miLittle Moss Court, Little Moss Lane, Swinton 2
£80005/240.14 miLittle Moss Lane, Clifton, Swinton, Manchester, M272
£90012/240.14 mi2A Police Street, Eccles, Manchester, M302
£82505/240.14 miLittle Moss Lane, Clifton, Swinton, Manchester, M272
£80005/240.14 miLittle Moss Lane, Clifton, Swinton, Manchester, M272
£75005/240.19 miBuckingham Road, Swinton, Manchester, M272
£69506/240.19 miBolton Road, Swinton, M272
£93512/240.22 mi-2
£1,05012/240.24 mi-2
£1,00005/240.24 miChendre Close, Pendlebury, Swinton, Manchester, M272
£99501/250.29 mi-2
£1,05004/250.31 mi-2
£1,25001/250.33 mi-2
£1,30002/250.34 mi-2
£85012/240.37 mi-2
£95012/240.4 mi-2
£99505/240.42 miHeron Street, Manchester, M272
£97501/250.43 mi-2
£97503/250.43 mi-2
£90006/240.49 miCollegiate Way, Swinton, Manchester, Greater Manchester, M272
£95005/240.49 mi-2
£1,00012/240.49 mi-2
£1,20006/240.49 miCollegiate Way, Swinton, Manchester, M272
£1,00004/250.49 mi-2
£80005/240.51 miScholars Court, Clifton, Manchester2
£82512/240.53 mi-2
£82501/250.53 mi-2
£82503/250.53 mi-2
£1,10005/240.55 miWhitehead Road, Manchester2
£98002/250.55 mi-2
£99505/240.56 miNormanby Street, Swinton, Manchester, Greater Manchester, M272
£1,10012/240.57 mi-2
£1,10005/240.57 miNormanby Street, Swinton, Manchester, M272
£82504/250.57 mi-2
£95005/240.59 mi-2
£80003/250.59 mi-2
£95003/250.6 mi-2
£95006/240.6 miWesley Street, Salford, M272
£1,10006/240.61 miFalcon Crescent, Clifton, Salford, M272

Local Area Statistics

Population in M27

41,624

Population in Manchester

920,095

Town centre distance

5.66 miles away

Nearest school

0.20 miles away

Nearest train station

0.51 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+47%

Sales demand

Seller's market

Capital growth (5yrs)

+36%

Property History

Listed for £140,000

August 2, 2024

Floor Plans

Description

  • First Time Buyers +
  • Two Bedroom +
  • Secure Parking +
  • Well Maintained Gardens +
  • Second Floor +
  • Well Presented Throughout +

Introducing this second floor well maintained two bedroom apartment for sale at Ash Court, Cumberland Point with allocated parking!

The property is located in the desirable location of Clifton, a stone throw from the main high street and excellent transport links to Manchester and further afield.

The property itself in brief comprises, hallway leading through to all main rooms of the apartment, two double bedrooms, well-portioned living area and adjoining modern kitchen, with a peaceful balcony overlooking ht egrounds pf teh property.

The bathroom offers a family sized bathroom and three peice suite with over the shower bath.

The rpoeprty offers ample storage throughout and since owned the property remains well maintained throughout and ready to be moved into.

The parking is situated within the grounds of the development behind secure gates and an alloctaed apace.

Contact us today to arrnage a viewing!

Leasehold - 983 years remaining
Service Charge - £840 PA
Ground Rent - £125 PA
Council Tax - B
EPC - C

Agent Details

Leaders Sales, Fallowfield

0161 524 9116

Next Steps?

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