2 Bed Flat, Single Let, Manchester, M18 7GA, £115,000
149 Rawsthorne Avenue, Manchester - 4 views - 7 months ago
Sold STC
Leasehold
BTL
ROI: 7%
56 m²





+10 photos
ValuationOvervalued
Sold Prices | £71.3K - £200K |
Sold Prices/m² | £1.6K/m² - £2.9K/m² |
| |
Square Metres | 56.07 m² |
Price/m² | £2.1K/m² |
Value Estimate | £107,431 |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £28,750 |
Stamp Duty & Legal Fees | £4,650 |
Total Cash In | £33,400 |
| |
Cash Out | |
Rent Range | £695 - £2,201 |
Rent Estimate | £727 |
Running Costs/mo | £525 |
Cashflow/mo | £202 |
Cashflow/yr | £2,427 |
ROI | 7% |
Gross Yield | 8% |
Local Sold Prices
24 sold prices from £71.3K to £200K, average is £123K. £1.6K/m² to £2.9K/m², average is £2.1K/m².
Local Rents
48 rents from £695/mo to £2.2K/mo, average is £995/mo.
Local Area Statistics
Population in M18 | 23,432 |
Population in Manchester | 920,095 |
Town centre distance | 3.25 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 0.45 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | +69% |
Sales demand | Seller's market |
Capital growth (5yrs) | +74% |
Property History
Listed for £115,000
August 9, 2024
Floor Plans

Description
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