3 Bed Semi-Detached House, Single Let, Manchester, M19 2RH, £260,000

1 Kirk Road, Manchester, Greater Manchester, M19 2RH - 3 views - 8 months ago

BTL

ROI: 3%

84 m²

+7 photos

ValuationFair Value

Sold Prices	£80K - £515K
Sold Prices/m²	£513/m² - £5K/m²

Square Metres	84 m²
Price/m²	£3.1K/m²
Value Estimate	£257,929£257,929

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£65,000£65,000
Stamp Duty & Legal Fees	£9,500£9,500
Total Cash In	£74,500£74,500

Cash Out
Rent Range	£1,050 - £2,200£1,050 - £2,200
Rent Estimate	£1,238
Running Costs/mo	£1,080£1,080
Cashflow/mo	£158£158
Cashflow/yr	£1,895£1,895
ROI	3%3%
Gross Yield	6%6%

Local Sold Prices

50 sold prices from £80K to £515K, average is £250K. £513/m² to £5K/m², average is £3.1K/m².

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£80K	06/21	0.06 mi	43, Cringle Road, Manchester, Greater Manchester M19 2RP	£513	156	3	Semi-Detached House
£258K	10/21	0.13 mi	1, Westholm Avenue, Stockport, Greater Manchester SK4 5BE	-	-	3	Semi-Detached House
£240K	06/21	0.13 mi	118, Cringle Road, Manchester, Greater Manchester M19 2RT	-	-	3	Semi-Detached House
£232K	01/21	0.14 mi	4, Crossley Road, Stockport, Greater Manchester SK4 5BB	£3,093	75	3	Semi-Detached House
£139.9K	01/23	0.16 mi	1138, Stockport Road, Manchester, Greater Manchester M19 2TJ	-	-	3	Terraced House
£265K	12/22	0.17 mi	119, Henderson Street, Manchester, Greater Manchester M19 2QT	-	-	3	Terraced House
£190K	11/20	0.17 mi	117, Henderson Street, Manchester, Greater Manchester M19 2QT	£2,235	85	3	Terraced House
£256.6K	06/21	0.17 mi	85, Henderson Street, Manchester, Greater Manchester M19 2QT	£2,883	89	3	Terraced House
£248K	10/23	0.17 mi	131, Henderson Street, Manchester, Greater Manchester M19 2QT	£2,638	94	3	Terraced House
£287.5K	08/21	0.18 mi	61, Milford Drive, Manchester, Greater Manchester M19 2RY	£2,995	96	3	Semi-Detached House
£210.5K	01/21	0.18 mi	83, Milford Drive, Manchester, Greater Manchester M19 2RY	-	-	3	Semi-Detached House
£295K	12/22	0.19 mi	11, Eastholme Drive, Manchester, Greater Manchester M19 2QU	£4,155	71	3	Semi-Detached House
£380K	06/21	0.2 mi	19, Highbury Road, Stockport, Greater Manchester SK4 5AZ	-	-	3	Semi-Detached House
£261K	02/23	0.2 mi	99, Henderson Street, Manchester, Greater Manchester M19 2QT	£3,071	85	3	Terraced House
£242K	03/21	0.2 mi	16, Eastholme Drive, Manchester, Greater Manchester M19 2QU	£2,305	105	3	Semi-Detached House
£207K	02/21	0.2 mi	27, Eastholme Drive, Manchester, Greater Manchester M19 2QU	£2,724	76	3	Semi-Detached House
£230K	03/23	0.22 mi	11, Tonbridge Road, Manchester, Greater Manchester M19 2TQ	£3,485	66	3	Terraced House
£220K	10/20	0.23 mi	97, Bowler Street, Levenshulme, Manchester, Greater Manchester M19 2UA	£3,056	72	3	Terraced House
£267K	06/21	0.24 mi	1, Poplar Avenue, Manchester, Greater Manchester M19 2GS	£3,423	78	3	Terraced House
£209K	11/23	0.24 mi	36, Bowler Street, Levenshulme, Manchester, Greater Manchester M19 2TY	£2,986	70	3	Terraced House
£367K	02/21	0.25 mi	456, Wellington Road North, Stockport, Greater Manchester SK4 5AU	£3,598	102	3	Semi-Detached House
£454.5K	12/22	0.26 mi	16, Roxton Road, Stockport, Greater Manchester SK4 5AY	-	-	3	Semi-Detached House
£311K	02/23	0.26 mi	31, Hawley Street, Levenshulme, Manchester, Greater Manchester M19 2QS	£3,987	78	3	Terraced House
£315K	05/21	0.26 mi	34, Roxton Road, Stockport, Greater Manchester SK4 5AY	£3,424	92	3	Semi-Detached House
£165K	12/21	0.26 mi	47, Henderson Street, Manchester, Greater Manchester M19 2QR	-	-	3	Terraced House
£240K	06/21	0.27 mi	8, Red Rose Crescent, Manchester, Greater Manchester M19 2WT	£3,478	69	3	Semi-Detached House
£95K	12/20	0.27 mi	19, Red Rose Crescent, Manchester, Greater Manchester M19 2WT	£941	101	3	Semi-Detached House
£200K	02/24	0.27 mi	5, Wellgate Avenue, Manchester, Greater Manchester M19 2UG	£2,381	84	3	Semi-Detached House
£200K	03/23	0.28 mi	60, Livesey Street, Levenshulme, Manchester, Greater Manchester M19 2GU	£2,667	75	3	Terraced House
£235K	08/21	0.28 mi	10, Wellgate Avenue, Manchester, Greater Manchester M19 2UG	-	-	3	Semi-Detached House
£230K	06/21	0.28 mi	17, Bowler Street, Levenshulme, Manchester, Greater Manchester M19 2TZ	£3,485	66	3	Semi-Detached House
£240K	06/23	0.28 mi	15, Bowler Street, Levenshulme, Manchester, Greater Manchester M19 2TZ	-	-	3	Semi-Detached House
£250K	01/23	0.28 mi	21, Bowler Street, Levenshulme, Manchester, Greater Manchester M19 2TZ	£3,521	71	3	Semi-Detached House
£286.5K	02/23	0.29 mi	3, Danforth Grove, Manchester, Greater Manchester M19 2TD	£3,474	82	3	Terraced House
£198K	04/21	0.29 mi	10, Danforth Grove, Manchester, Greater Manchester M19 2TD	-	-	3	Terraced House
£305K	10/23	0.29 mi	21, Danforth Grove, Manchester, Greater Manchester M19 2TD	£2,480	123	3	Terraced House
£300K	12/22	0.29 mi	35, Woodland Road, Burnage, Manchester, Greater Manchester M19 2GW	-	-	3	Semi-Detached House
£280K	02/23	0.29 mi	37, Woodland Road, Burnage, Manchester, Greater Manchester M19 2GW	-	-	3	Semi-Detached House
£370K	11/20	0.31 mi	36, Woodland Road, Burnage, Manchester, Greater Manchester M19 2QP	£3,333	111	3	Semi-Detached House
£339K	05/21	0.31 mi	20, Woodland Road, Burnage, Manchester, Greater Manchester M19 2QP	-	-	3	Semi-Detached House
£210K	01/21	0.32 mi	27, Wilsthorpe Close, Manchester, Greater Manchester M19 2WD	£3,182	66	3	Semi-Detached House
£450K	04/23	0.32 mi	1, Langdale Road, Stockport, Greater Manchester SK4 5AP	£3,982	113	3	Semi-Detached House
£515K	07/23	0.32 mi	47, Langdale Road, Stockport, Greater Manchester SK4 5AP	£5,000	103	3	Semi-Detached House
£370K	06/21	0.32 mi	41, Langdale Road, Stockport, Greater Manchester SK4 5AP	£3,936	94	3	Semi-Detached House
£260K	04/23	0.33 mi	7, Kersh Avenue, Manchester, Greater Manchester M19 2SW	£2,832	92	3	Semi-Detached House
£212K	10/21	0.33 mi	3, Kersh Avenue, Manchester, Greater Manchester M19 2SW	£2,280	93	3	Terraced House
£235.5K	11/20	0.34 mi	27, Henderson Street, Manchester, Greater Manchester M19 2GQ	£2,872	82	3	Terraced House
£450K	11/21	0.34 mi	52, Langdale Road, Stockport, Greater Manchester SK4 5AR	-	-	3	Detached House
£408K	11/23	0.35 mi	3, Davenhill Road, Manchester, Greater Manchester M19 2JU	£4,800	85	3	Semi-Detached House
£250K	04/21	0.39 mi	8, Bristol Avenue, Manchester, Greater Manchester M19 3NU	£2,551	98	3	Semi-Detached House

Local Rents

32 rents from £1.1K/mo to £2.2K/mo, average is £1.4K/mo.

Rent	Date	Distance	Address	Beds	Type
£1,300	05/24	0.16 mi	Milford Drive, M19 2RY	3	Flat
£1,650	12/24	0.19 mi	-	3	Semi-Detached House
£1,300	11/24	0.21 mi	-	3	Terraced House
£1,300	11/24	0.21 mi	-	3	Terraced House
£1,650	06/24	0.33 mi	Woodland Road, Manchester	3	Semi-Detached House
£1,500	04/25	0.4 mi	-	3	Semi-Detached House
£1,200	01/24	0.44 mi	-	3	Terraced House
£1,250	08/24	0.45 mi	Blackbrook Road, Heaton Chapel, Stockport, SK4	3	Terraced House
£1,300	12/24	0.46 mi	-	3	Terraced House
£1,250	06/24	0.47 mi	Langdale Avenue, Levenshulme, Manchester, M19	3	Terraced House
£1,250	09/24	0.47 mi	Holcombe Walk, Stockport, SK4	3	Terraced House
£1,500	05/24	0.47 mi	-	3	Terraced House
£1,400	08/24	0.48 mi	-	3	Semi-Detached House
£1,400	08/24	0.48 mi	Harrow Drive, Stockport, SK4	3	Detached House
£1,400	02/24	0.49 mi	-	3	Terraced House
£1,680	06/24	0.51 mi	-	3	Terraced House
£1,680	05/24	0.51 mi	Delamere Road, Manchester, M19	3	Terraced House
£1,800	03/25	0.51 mi	-	3	Semi-Detached House
£1,517	12/24	0.51 mi	-	3	Terraced House
£1,500	05/24	0.51 mi	Delamere Road, Manchester, M19	3	Terraced House
£1,375	09/24	0.52 mi	4Weston Grove, Stockport, Greater Manchester, SK4	3	Semi-Detached House
£1,250	12/24	0.53 mi	-	3	Semi-Detached House
£1,300	05/24	0.54 mi	Garfield Avenue, Manchester, Greater Manchester, M19	3	Terraced House
£1,050	12/24	0.54 mi	-	3	Terraced House
£1,500	02/20	0.56 mi	Keswick Road, Stockport, SK4	3	Semi-Detached House
£1,550	04/25	0.57 mi	-	3	Semi-Detached House
£1,300	12/24	0.59 mi	-	3	Semi-Detached House
£1,300	12/24	0.59 mi	-	3	Semi-Detached House
£1,250	05/24	0.6 mi	-	3	Terraced House
£1,350	04/25	0.6 mi	-	3	Terraced House
£1,250	05/24	0.6 mi	Forest Range, Manchester, M19	3	Terraced House
£2,200	04/25	0.62 mi	-	3	Terraced House

Local Area Statistics

Population in M19	34,83834,838
Population in Manchester	920,095920,095
Town centre distance	3.07 miles away3.07 miles away
Nearest school	0.30 miles away0.30 miles away
Nearest train station	0.69 miles away0.69 miles away

Rental demand	Landlord's marketLandlord's market
Rental growth (12m)	+13%+13%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+30%+30%

Property History

Listed for £260,000

August 13, 2024

Sold for £107,000

2004

Floor Plans

Description

Virtual Tour and Video Walk Through +
Three Bedrooms +
Two Reception Rooms +
Good Sized Garden To Three Sides +
Great Location +
Freehold & Chain Free +
Viewing Essential +

A superb opportunity to purchase this great three bedroom two reception room semi-detached property which has a good sized rear garden and is ideally situated in a sought after location in Levenshulme close to the border with Heaton Chapel and offers excellent access to local amenities and transport links.

The property briefly comprises: Entrance hall, living room, dining room, fitted kitchen, two double bedroom, single bedroom and bathroom with shower over bath.

This freehold property is being sold chain free and benefits from part double glazing, gas central heating and good sized gardens to three sides.

It has to be viewed to fully appreciate and is ideal for first time buyer!

Agent Details

Peter Anthony, Manchester

0161 524 5916

Next Steps?

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

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ValuationFair Value

CashflowsOpen in Analyser

Local Sold PricesDownload Show map

Local RentsDownload Show map

Links

Local Area Statistics

Property History

Floor Plans

Description

Agent Details

Next Steps?

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Cashflows

Local Sold Prices

Local Rents