3 Bed Terraced House, Refurb/BRRR, Manchester, M34 3GY, £125,000

Ruby Street, Denton, M34 3GY - 4 views - 8 months ago

Sold STC
Refurb/BRRR
ROI: 6%
~93 m²
+1 photos

ValuationFair Value

Sold Prices£100K - £326K
Sold Prices/m²£1.2K/m² - £4.2K/m²

 

 

Square Metres

~93 m²
Price/m²£1.3K/m²

Value Estimate

£126,250

 

 

End Value (After Refurb)

£188,818

Uplift in Value

+51%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£31,250

Stamp Duty & Legal Fees

£4,950

Refurb Costs

£39,200

Bridging Loan Interest

£3,281

Total Cash In

£80,431

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£188,818

Agent Fees (1%)

£1,888

Bridging Loan

£93,750

Bridging Loan Interest

£3,281

Flip Profit

£12,749

Local Sold Prices

50 sold prices from £100K to £326K, average is £172.5K. £1.2K/m² to £4.2K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£143K09/210.06 mi72, Victoria Street, Denton, Manchester, Greater Manchester M34 3QZ3
£158K03/210.06 mi88, Victoria Street, Denton, Manchester, Greater Manchester M34 3QZ3
£260K03/230.06 mi112, Victoria Street, Denton, Manchester, Greater Manchester M34 3QZ3
£185K02/240.07 mi29, Victoria Street, Denton, Manchester, Greater Manchester M34 3GU3
£250K07/230.07 mi25, Victoria Street, Denton, Manchester, Greater Manchester M34 3GU3
£170K03/230.07 mi5, Victoria Street, Denton, Manchester, Greater Manchester M34 3GU3
£318K08/240.09 mi3, Maple Avenue, Denton, Manchester, Greater Manchester M34 3QU3
£100K06/230.12 mi29, Willow Grove, Denton, Manchester, Greater Manchester M34 3GX3
£162.5K04/210.12 mi1, Willow Grove, Denton, Manchester, Greater Manchester M34 3GX3
£165K06/230.14 mi12, Birch Grove, Denton, Manchester, Greater Manchester M34 3QY3
£196.5K11/230.15 mi100, Acre Street, Denton, Manchester, Greater Manchester M34 2AL3
£106K06/210.15 mi106, Acre Street, Denton, Manchester, Greater Manchester M34 2AL3
£137K06/230.16 mi6, Gould Street, Denton, Manchester, Greater Manchester M34 2AD3
£121.5K08/230.18 mi1, Cedar Grove, Denton, Manchester, Greater Manchester M34 2BD3
£272.2K02/240.18 mi41, Lees Avenue, Denton, Manchester, Greater Manchester M34 2BL3
£206K03/240.18 mi3, Lees Avenue, Denton, Manchester, Greater Manchester M34 2BL3
£257K05/240.19 mi38, Ruby Street, Denton, Manchester, Greater Manchester M34 2BY3
£157.5K10/210.21 mi69, Seymour Street, Denton, Manchester, Greater Manchester M34 3PF3
£220K02/240.22 mi74, Grosvenor Street, Denton, Manchester, Greater Manchester M34 3GA3
£165K01/210.25 mi64, Belmont Avenue, Denton, Manchester, Greater Manchester M34 3QB3
£238K01/230.25 mi16, Keswick Avenue, Denton, Manchester, Greater Manchester M34 3QD3
£170K07/210.25 mi13, Keswick Avenue, Denton, Manchester, Greater Manchester M34 3QD3
£147K11/210.25 mi37, Duke Street, Denton, Manchester, Greater Manchester M34 2AN3
£220K05/230.25 mi35, Duke Street, Denton, Manchester, Greater Manchester M34 2AN3
£175K02/240.26 mi76, Taylor Lane, Denton, Manchester, Greater Manchester M34 3NG3
£212K02/230.27 mi11, Kendon Grove, Denton, Manchester, Greater Manchester M34 2AZ3
£160K11/200.3 mi19, Longmeadow Grove, Denton, Manchester, Greater Manchester M34 2DA3
£182K03/240.3 mi148, Acre Street, Denton, Manchester, Greater Manchester M34 2AY3
£176K04/240.31 mi121, Heaton Street, Denton, Manchester, Greater Manchester M34 3RY3
£303.5K12/220.31 mi36, Foxhall Road, Denton, Manchester, Greater Manchester M34 3GB3
£260K06/230.31 mi30, Foxhall Road, Denton, Manchester, Greater Manchester M34 3GB3
£150K01/210.31 mi99, Taylor Lane, Denton, Manchester, Greater Manchester M34 3WQ3
£142K05/210.31 mi87, Taylor Lane, Denton, Manchester, Greater Manchester M34 3WQ3
£256.5K02/240.31 mi27, Foxhall Road, Denton, Manchester, Greater Manchester M34 3GD3
£175K11/230.31 mi23, Foxhall Road, Denton, Manchester, Greater Manchester M34 3GD3
£162K04/240.32 mi7, Brooklands Close, Denton, Manchester, Greater Manchester M34 3PL3
£246K01/240.32 mi20, Chestnut Gardens, Denton, Manchester, Greater Manchester M34 6AE3
£148K12/200.32 mi20, Chestnut Gardens, Denton, Manchester, Greater Manchester M34 6AE3
£225K10/230.32 mi30, Chestnut Gardens, Denton, Manchester, Greater Manchester M34 6AE3
£155K01/240.33 mi5, Kynder Street, Denton, Manchester, Greater Manchester M34 2AR3
£148K08/210.36 mi1, Cooke Street, Denton, Manchester, Greater Manchester M34 2AG3
£210K10/230.36 mi22, Boundary Green, Denton, Manchester, Greater Manchester M34 3BY3
£223K02/230.37 mi4, Boundary Green, Denton, Manchester, Greater Manchester M34 3BY3
£152K04/210.37 mi121, Stockport Road, Denton, Manchester, Greater Manchester M34 6DH3
£140K08/230.37 mi191, Holland Street, Denton, Manchester, Greater Manchester M34 3GE3
£162K03/230.37 mi3, Town Lane, Denton, Manchester, Greater Manchester M34 6AF3
£170K12/200.38 mi53a, York Road, Denton, Manchester, Greater Manchester M34 3HF3
£142K11/210.38 mi48, Palatine Street, Denton, Manchester, Greater Manchester M34 3LY3
£193K07/230.38 mi10, Leaford Avenue, Denton, Manchester, Greater Manchester M34 3QE3
£326K03/210.4 mi132, Town Lane, Denton, Manchester, Greater Manchester M34 2BS3

Local Rents

17 rents from £900/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,00005/240.24 miKendon Grove, Denton, Manchester, M343
£1,20011/230.25 mi-3
£2,54003/250.27 mi-3
£1,20001/250.3 mi-3
£1,20002/250.3 mi-3
£90003/240.33 mi-3
£95004/250.34 mi-3
£1,20005/240.39 miCoronation Street, Denton, Manchester3
£1,35005/240.42 mi-3
£1,35005/240.42 mi-3
£1,35009/240.42 mi-3
£1,00004/240.45 mi-3
£1,35004/240.45 mi-3
£1,00011/230.47 mi-3
£1,09902/240.52 mi-3
£1,25010/240.6 mi-3
£1,20010/240.62 mi-3

Local Area Statistics

Population in M34

46,114

Population in Manchester

920,095

Town centre distance

5.37 miles away

Nearest school

0.30 miles away

Nearest train station

0.49 miles away

 

 

Rental growth (12m)

+29%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £125,000

August 13, 2024

Floor Plans

Description

  • MID TERRACED PROPERTY +
  • THREE BEDROOMS +
  • TWO RECEPTION ROOMS +
  • UPVC DOUBLE GLAZING +
  • CLOSE TO LOCAL AMENITIES +
  • REQUIRES UPDATE +
  • NO VENDOR CHAIN +
  • ON STREET PARKING +
  • CENTRAL DENTON +

Sleigh and Son Property Sales welcome to the Open Market this three bedroomed mid terraced property situated within central Denton and ideally offered with No Vendor Chain. The property is close to all local amenities to include and array of shops and restaurants, Crown Point North Retail Park and Denton Wellness and Fitness Centre. Reputable schools, local transport and motorway links are also within close proximity.

In brief the property comprises of: entrance vestibule, two reception rooms, kitchen, three bedrooms and a family bathroom (that offers direct access from two bedrooms).

The property is in need of some update which has been reflected generously within the asking price.

Council Tax Band A

Tenure: Unregistered

Traditionally brick built property with tiled roof. Mains: Electric, water, sewerage.

IN BRIEF THE PROPERTY COMPRISES OF:

ENTRANCE VESTIBULE
Door to entrance vestibule, wooden effect laminate flooring, original coving to ceiling and door to lounge.

LOUNGE 13'5" x 12'1" (4.09m x 3.68m)
Wall mounted electric fire, original coving to ceiling, built in storage cupboard, uPVC double glazed window to front aspect and door to inner hallway. Ceiling light fan point, two wall light points, power points. Measurements to maximum points.

INNER HALLWAY
Access to stairs and landing and door to dining room.

DINING ROOM 13'5" x 12'2" (4.09m x 3.71m)
Door to understairs storage cupboard, wooden effect laminate flooring, coving to ceiling, uPVC double glazed window to rear aspect and door to kitchen. Ceiling light point, two wall light points, power points. Measurements to maximum points.

KITCHEN 7'4" x 7'1" (2.24m x 2.16m)
Ceramic sink on base drawer unit with further wall mounted wall units. Wooden effect laminate flooring, part tiled walls, uPVC double glazed window to rear aspect and door providing access to rear yard. Ceiling light point, power points.

LANDING AREA
Providing access to bedrooms and bathroom. Wall mounted electric storage heater.

BEDROOM ONE 9'0" x 7'6" (2.74m x 2.29m)
Fitted wardrobe and wall mounted unit, wall mounted electric storage heater and uPVC double glazed window to front aspect. Ceiling light point, power points. Measurements to maximum points.

BEDROOM TWO 12'2" x 8'6" (3.71m x 2.59m)
Fitted wardrobe and units, wall mounted electric storage heater, uPVC double glazed window to rear aspect and door to bathroom. Ceiling light point, power points. Measurements to maximum points.

BEDROOM THREE 12'1" x 5'6" (3.68m x 1.68m)
Fitted wardrobe and base units, wall mounted electric storage heater and uPVC double glazed window to front aspect, door to bathroom. Ceiling light point, power points. Measurements to maximum points.

BATHROOM
Comprising of bath with side panel, wall mounted shower to bath, sink wash basin on pedestal and low level wc. Part tiled walls, fitted units to wall, wall mounted electric storage heater and uPVC double glazed obscure glass window to rear aspect. Ceiling light point. This bathroom offers direct access to two bedrooms.

YARD
Brick boundary surround, attached brick built outhouse with further storage area, gate access to rear.

Agent Details

Sleigh & Son, Denton

0161 524 6550

Next Steps?

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