This property was removed from Dealsourcr.
2 Bed Flat, Single Let, Leigh, WN7 1UG £110,000

ValuationUndervalued
| Sold Prices | £67K - £165K |
| Sold Prices/m² | £1.1K/m² - £2.7K/m² |
| |
Square Metres | ~89 m² |
| Price/m² | £1.2K/m² |
Value Estimate | £137,500£137,500 |
| BMV | 25% |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £27,500£27,500 |
Stamp Duty & Legal Fees | £6,700£6,700 |
Total Cash In | £34,200£34,200 |
| |
Cash Out | |
Rent Range | £540 - £900£540 - £900 |
Rent Estimate | £850 |
Running Costs/mo | £534£534 |
Cashflow/mo | £316£316 |
Cashflow/yr | £3,795£3,795 |
ROI | 11%11% |
Gross Yield | 9%9% |
Local Sold Prices
50 sold prices from £67K to £165K, average is £100K. £1.1K/m² to £2.7K/m², average is £1.9K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | ||
| £94K | 09/24 | 0 mi | 11, Brentwood Grove, Leigh, Greater Manchester WN7 1UG | £1,880 | 50 | 2 | Flat | ||
| £107K | 12/23 | 0 mi | 4, Brentwood Grove, Leigh, Greater Manchester WN7 1UG | £2,277 | 47 | 2 | Flat | ||
| £75K | 09/21 | 0 mi | 36, Brentwood Grove, Leigh, Greater Manchester WN7 1UG | £1,497 | 50 | 2 | Flat | ||
| £103K | 12/23 | 0 mi | 82, Brentwood Grove, Leigh, Greater Manchester WN7 1UG | £2,060 | 50 | 2 | Flat | ||
| £100K | 01/23 | 0 mi | 2, Brentwood Grove, Leigh, Greater Manchester WN7 1UG | £2,273 | 44 | 2 | Flat | ||
| £100K | 08/23 | 0 mi | 28, Brentwood Grove, Leigh, Greater Manchester WN7 1UG | - | - | 2 | Flat | ||
| £95K | 10/22 | 0.01 mi | 50, Brentwood Grove, Leigh, Greater Manchester WN7 1UG | £1,696 | 56 | 2 | Flat | ||
| £94K | 09/24 | 0.04 mi | 11, Brentwood Grove, Leigh WN7 1UG | £1,880 | 50 | 2 | Flat | ||
| £72.5K | 12/24 | 0.05 mi | 83, Brentwood Grove, Leigh WN7 1UG | £1,450 | 50 | 2 | Flat | ||
| £72.5K | 12/24 | 0.05 mi | 83, Brentwood Grove, Leigh WN7 1UG | - | - | 2 | Flat | ||
| £79K | 03/23 | 0.16 mi | 37, Orchard Close, Leigh, Greater Manchester WN7 1NY | £1,411 | 56 | 2 | Flat | ||
| £67K | 09/21 | 0.34 mi | 14, Oxford Street, Leigh, Greater Manchester WN7 1NE | £1,110 | 60 | 2 | Flat | ||
| £92K | 03/23 | 0.34 mi | 26, Oxford Street, Leigh, Greater Manchester WN7 1NE | £1,373 | 67 | 2 | Flat | ||
| £85K | 12/23 | 0.34 mi | 24, Oxford Street, Leigh, Greater Manchester WN7 1NE | £1,434 | 59 | 2 | Flat | ||
| £90K | 08/23 | 0.34 mi | 28, Oxford Street, Leigh, Greater Manchester WN7 1NE | - | - | 2 | Flat | ||
| £94K | 02/23 | 0.34 mi | 2, Oxford Street, Leigh, Greater Manchester WN7 1NE | £1,589 | 59 | 2 | Flat | ||
| £75K | 11/22 | 0.36 mi | 16, Oxford Street, Leigh, Greater Manchester WN7 1NE | £1,262 | 59 | 2 | Flat | ||
| £135K | 10/24 | 0.42 mi | 12, Kings Park, Leigh, Greater Manchester WN7 1UE | £2,250 | 60 | 2 | Flat | ||
| £118K | 09/21 | 0.42 mi | 24, Kings Park, Leigh, Greater Manchester WN7 1UE | £1,710 | 69 | 2 | Flat | ||
| £133K | 03/23 | 0.42 mi | 14, Kings Park, Leigh, Greater Manchester WN7 1UE | £1,985 | 67 | 2 | Flat | ||
| £115K | 08/23 | 0.43 mi | 10, Inglenook Court, Leigh, Greater Manchester WN7 2BQ | £2,035 | 57 | 2 | Flat | ||
| £128K | 06/25 | 0.43 mi | 10, Inglenook Court, Leigh WN7 2BQ | - | - | 2 | Flat | ||
| £125K | 03/25 | 0.44 mi | 70a, The Avenue, Leigh WN7 1ET | £1,959 | 64 | 2 | Flat | ||
| £116K | 06/21 | 0.62 mi | 48, Redfield Croft, Leigh, Greater Manchester WN7 1EN | £1,933 | 60 | 2 | Flat | ||
| £124.5K | 12/22 | 0.62 mi | 45, Redfield Croft, Leigh, Greater Manchester WN7 1EN | £2,110 | 59 | 2 | Flat | ||
| £112K | 11/24 | 0.64 mi | 167a, Wigan Road, Leigh WN7 5DF | £2,732 | 41 | 2 | Flat | ||
| £112K | 11/24 | 0.64 mi | 167a, Wigan Road, Leigh WN7 5DF | - | - | 2 | Flat | ||
| £165K | 05/23 | 0.65 mi | 167a, Wigan Road, Leigh, Greater Manchester WN7 5DF | - | - | 2 | Flat | ||
| £82.5K | 07/22 | 0.67 mi | 12, Phaeton Close, Atherton, Manchester, Greater Manchester M46 0SF | £1,331 | 62 | 2 | Flat | ||
| £85K | 11/23 | 0.7 mi | 38, Phaeton Close, Atherton, Manchester, Greater Manchester M46 0SF | £1,518 | 56 | 2 | Flat | ||
| £100K | 06/21 | 0.7 mi | 60, Phaeton Close, Atherton, Manchester, Greater Manchester M46 0SF | £2,082 | 48 | 2 | Flat | ||
| £95K | 11/21 | 0.7 mi | 18, Phaeton Close, Atherton, Manchester, Greater Manchester M46 0SF | £1,687 | 56 | 2 | Flat | ||
| £107K | 03/23 | 0.7 mi | 54, Phaeton Close, Atherton, Manchester, Greater Manchester M46 0SF | £1,883 | 57 | 2 | Flat | ||
| £120K | 09/23 | 0.7 mi | 42, Phaeton Close, Atherton, Manchester, Greater Manchester M46 0SF | - | - | 2 | Flat | ||
| £100K | 05/22 | 0.7 mi | 16, Phaeton Close, Atherton, Manchester, Greater Manchester M46 0SF | £1,639 | 61 | 2 | Flat | ||
| £115K | 10/22 | 0.7 mi | 28, Phaeton Close, Atherton, Manchester, Greater Manchester M46 0SF | £1,139 | 101 | 2 | Flat | ||
| £74K | 12/24 | 0.71 mi | 23, Apartment 5, Wilkinson Street, Leigh WN7 4EY | - | - | 2 | Flat | ||
| £90K | 03/23 | 0.71 mi | 18, Johnson Street, Atherton, Manchester, Greater Manchester M46 0RB | £1,500 | 60 | 2 | Flat | ||
| £117K | 09/23 | 0.71 mi | 20, Johnson Street, Atherton, Manchester, Greater Manchester M46 0RB | £1,182 | 99 | 2 | Flat | ||
| £115K | 03/25 | 0.86 mi | Apartment 2, 19, Ledgard Avenue, Leigh Sports Village, Leigh WN7 4BG | £2,054 | 56 | 2 | Flat | ||
| £115K | 03/25 | 0.86 mi | Apartment 2, 19, Ledgard Avenue, Leigh Sports Village, Leigh WN7 4BG | - | - | 2 | Flat | ||
| £115K | 03/25 | 0.86 mi | 19, Apartment 2, Ledgard Avenue, Leigh Sports Village, Leigh WN7 4BG | £2,054 | 56 | 2 | Flat | ||
| £89K | 07/24 | 0.86 mi | 44, Water View Park, Leigh, Greater Manchester WN7 4JS | - | - | 2 | Flat | ||
| £93K | 12/24 | 0.86 mi | 21, Apartment 7, Ledgard Avenue, Leigh Sports Village, Leigh WN7 4BG | £1,898 | 49 | 2 | Flat | ||
| £93K | 12/24 | 0.86 mi | Apartment 7, 21, Ledgard Avenue, Leigh Sports Village, Leigh WN7 4BG | £1,898 | 49 | 2 | Flat | ||
| £93K | 12/24 | 0.86 mi | Apartment 7, 21, Ledgard Avenue, Leigh Sports Village, Leigh WN7 4BG | - | - | 2 | Flat | ||
| £96.5K | 12/22 | 0.86 mi | 12, Water View Park, Leigh, Greater Manchester WN7 4JS | £1,856 | 52 | 2 | Flat | ||
| £100K | 10/24 | 0.86 mi | 17, Apartment 1, Ledgard Avenue, Leigh Sports Village, Leigh WN7 4BG | £1,587 | 63 | 2 | Flat | ||
| £115K | 12/24 | 0.88 mi | Manley Park, 47, Guest Street, Leigh WN7 2RW | £2,130 | 54 | 2 | Flat | ||
| £115K | 12/24 | 0.88 mi | 47, Manley Park, Guest Street, Leigh WN7 2RW | - | - | 2 | Flat |
Local Rents
50 rents from £540/mo to £900/mo, average is £800/mo.
Rent | Date | Distance | Address | Beds | Type | ||
| £850 | 08/25 | 0 mi | - | 2 | Flat | ||
| £800 | 07/25 | 0 mi | Brentwood Grove, Leigh, WN7 | 2 | Flat | ||
| £825 | 07/25 | 0 mi | Brentwood Grove, Leigh, WN7 | 2 | Flat | ||
| £650 | 08/25 | 0 mi | Brentwood Grove, Leigh, WN7 1UG | 2 | Flat | ||
| £850 | 07/25 | 0.02 mi | Selbourne Street, Leigh, Greater Manchester. **AVAILABLE NOW** | 2 | Terraced House | ||
| £825 | 11/24 | 0.03 mi | - | 2 | Terraced House | ||
| £800 | 08/25 | 0.04 mi | Brentwood Grove, Leigh, WN7 1UG | 2 | Flat | ||
| £750 | 08/25 | 0.08 mi | Apartment Chatham House | 2 | Terraced House | ||
| £695 | 07/25 | 0.11 mi | Orchard Lane, Leigh, Greater Manchester, WN7 | 2 | Flat | ||
| £825 | 04/25 | 0.12 mi | - | 2 | Terraced House | ||
| £900 | 11/25 | 0.14 mi | - | 2 | Terraced House | ||
| £800 | 07/25 | 0.14 mi | - | 2 | Terraced House | ||
| £800 | 09/25 | 0.14 mi | - | 2 | Terraced House | ||
| £850 | 06/25 | 0.14 mi | - | 2 | Terraced House | ||
| £600 | 05/25 | 0.16 mi | - | 2 | Flat | ||
| £850 | 10/25 | 0.18 mi | Kirkhall Lane, Leigh, Greater Manchester, WN7 5Q | 2 | House | ||
| £800 | 11/25 | 0.18 mi | Oxford Street, Leigh | 2 | Terraced House | ||
| £775 | 11/25 | 0.18 mi | Oxford Street, Leigh | 2 | Terraced House | ||
| £825 | 09/25 | 0.18 mi | Gordon Street, Leigh | 2 | Terraced House | ||
| £895 | 10/25 | 0.19 mi | Houghton Street, Leigh, Greater Manchester, WN7 | 2 | Detached House | ||
| £875 | 07/25 | 0.19 mi | Orchard Lane, Leigh, WN7 | 2 | Terraced House | ||
| £750 | 11/24 | 0.19 mi | - | 2 | Terraced House | ||
| £800 | 06/25 | 0.2 mi | Selwyn Street, Leigh, WN7 | 2 | Terraced House | ||
| £725 | 03/24 | 0.2 mi | 93 Oxford Street, Leigh, WN7 | 2 | Terraced House | ||
| £725 | 11/24 | 0.2 mi | Oxford Street, Leigh, Greater Manchester, WN7 | 2 | Terraced House | ||
| £795 | 11/25 | 0.2 mi | Oxford Street, Leigh | 2 | Terraced House | ||
| £675 | 08/25 | 0.2 mi | Robertshaw Street, Leigh, WN7 5SB | 2 | Terraced House | ||
| £725 | 08/25 | 0.2 mi | Robertshaw Street, Leigh, WN7 5SB | 2 | Terraced House | ||
| £675 | 08/25 | 0.2 mi | Robertshaw Street, Leigh, WN7 5SB | 2 | Detached House | ||
| £890 | 09/25 | 0.2 mi | Glebe Street, Leigh, WN7 1RJ | 2 | House | ||
| £800 | 08/25 | 0.2 mi | Glebe Street, Leigh, Greater Manchester, WN7 1RH | 2 | Terraced House | ||
| £540 | 08/25 | 0.21 mi | Hope Street, Leigh, WN7 | 2 | Terraced House | ||
| £825 | 11/25 | 0.21 mi | Hope Street, Leigh | 2 | Terraced House | ||
| £750 | 12/24 | 0.21 mi | - | 2 | Flat | ||
| £750 | 12/24 | 0.21 mi | - | 2 | Flat | ||
| £750 | 04/25 | 0.21 mi | - | 2 | Flat | ||
| £775 | 08/25 | 0.22 mi | Hope Street, Leigh | 2 | Terraced House | ||
| £750 | 11/24 | 0.22 mi | - | 2 | Terraced House | ||
| £800 | 08/25 | 0.22 mi | - | 2 | Terraced House | ||
| £800 | 08/25 | 0.22 mi | Leigh, Leigh, WN7 | 2 | Terraced House | ||
| £875 | 07/25 | 0.22 mi | Westbourne Avenue, Leigh, Greater Manchester, WN7 | 2 | Terraced House | ||
| £800 | 09/25 | 0.22 mi | Gordon Street, Leigh | 2 | Terraced House | ||
| £800 | 07/25 | 0.22 mi | Maple Crescent, Leigh, WN7 5TA | 2 | Terraced House | ||
| £800 | 11/24 | 0.23 mi | - | 2 | Terraced House | ||
| £895 | 03/25 | 0.23 mi | - | 2 | Terraced House | ||
| £795 | 08/25 | 0.23 mi | Leigh, Leigh, WN7 | 2 | Terraced House | ||
| £695 | 07/25 | 0.23 mi | Robertshaw Street, Leigh, Greater Manchester, WN7 | 2 | Terraced House | ||
| £695 | 08/25 | 0.23 mi | Robertshaw Street,Leigh,WN7 | 2 | Terraced House | ||
| £895 | 11/24 | 0.23 mi | - | 2 | Terraced House | ||
| £850 | 11/25 | 0.23 mi | Hope Street, Leigh, WN7 | 2 | Terraced House |
Local Area Statistics
Population in WN7 | 47,81947,819 |
Town centre distance | 189.54 miles away189.54 miles away |
Nearest school | 0.10 miles away0.10 miles away |
Nearest train station | 2.16 miles away2.16 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | -2%-2% |
Sales demand | Balanced marketBalanced market |
Capital growth (5yrs) | +47%+47% |
Property History
Listed for £110,000
August 16, 2024
Floor Plans
Description
- Ground Floor Apartment +
- Own Access Door +
- Allocated Parking Space +
- Two Double Bedrooms +
- Two Bathrooms +
- Ensuite Shower Room +
- Suitable For Owner Occupiers +
- Quiet Residential Area +
yieldit are delighted to present to the market this wonderful ground floor apartment which benefits from its own entrance, in the attractive new build development of Brentwood Grove. Having recently benefited from redecoration throughout the property would be suited to both owner occupiers looking to move straight in and a fantastic opportunity for investors, with a return close to 8% NET at market rate rent of £850pcm.
Internally consisting of, open plan living area featuring fully-fitted kitchen, breakfast bar and lounge; two double bedrooms; master with ensuite and family bathroom. An allocated parking space is also included.
Brentwood Grove is perfectly situated in the quiet and safe residential neighbourhood of Leigh. It has easy access to the town centre providing all the necessary everyday amenities, shopping and leisure facilities as well as offering good local schools, outdoor spaces and transport links such as the guided busway provides high quality travel to Manchester, Salford, Atherton, Tyldesley and Ellenbrook. The location of Leigh is ideal for travel to Liverpool, Manchester and Media City making it a great choice of location for commuters.
Leigh is quickly earning a reputation for being a desirable place to live and is fast becoming a property investor hotspot thanks to the reasonable property prices and lifestyle on offer for residents. Regeneration projects such as The Loom, a £50million retail and leisure complex and the £83million Leigh Sports Village which is home to a 25-metre swimming pool, gymnasium and a sports hall have all contributed to its desirability. NB. In accordance with Section 21 of the Estate Agent Act 1979, we declare that there is a personal interest in the sale of this property. The property is being sold by an employee of Yieldit Ltd.
Financial Breakdown
Gross Rent: £10,200.00
Net income: £8,784.48
Gross yield: 8.87%
Net yield: 7.64%
Please contact agent for full financial breakdown.
IMPORTANT NOTE TO PURCHASERS: These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
yieldit ref: YL-07906
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