2 Bed Terraced House, Refurb/BRRR, Manchester, M11 4LW, £130,000

15 Bristowe Street, Manchester, Greater Manchester, M11 4LW - 11 views - 8 months ago

Sold STC
Leasehold
Refurb/BRRR
111 m²
+4 photos

ValuationFair Value

Sold Prices£40K - £240K
Sold Prices/m²£513/m² - £4.4K/m²

 

 

Square Metres

110.50 m²
Price/m²£1.2K/m²

Value Estimate

£130,000

 

 

End Value (After Refurb)

£252,839

Uplift in Value

+94%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£32,500

Stamp Duty & Legal Fees

£5,100

Refurb Costs

£46,724

Bridging Loan Interest

£3,413

Total Cash In

£89,486

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£252,839

Agent Fees (1%)

£2,528

Bridging Loan

£97,500

Bridging Loan Interest

£3,413

Flip Profit

£63,324

Local Sold Prices

50 sold prices from £40K to £240K, average is £142.5K. £513/m² to £4.4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£176.2K12/220.08 mi528, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JQ2
£240K05/210.1 mi6, Chatsworth Close, Droylsden, Manchester, Greater Manchester M43 6BZ2
£178K10/230.11 mi3, Godfrey Avenue, Droylsden, Manchester, Greater Manchester M43 6JR2
£165K05/230.18 mi512, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JW2
£132K07/210.19 mi469, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JN2
£170K10/220.2 mi114, Seymour Road South, Manchester, Greater Manchester M11 4PS2
£125K04/210.24 mi30, Glenolden Street, Manchester, Greater Manchester M11 4PT2
£181.5K06/230.25 mi114, Lewis Road, Droylsden, Manchester, Greater Manchester M43 6NP2
£100K05/230.3 mi31, Powell Street, Clayton, Manchester, Greater Manchester M11 4GA2
£40K03/210.31 mi33, Stokes Street, Manchester, Greater Manchester M11 4SJ2
£113K03/210.32 mi348, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JJ2
£121K11/200.32 mi350, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JJ2
£175K06/230.32 mi36, North Road, Manchester, Greater Manchester M11 4NG2
£150K04/210.33 mi25, Sutton Drive, Droylsden, Manchester, Greater Manchester M43 7RX2
£147K03/210.34 mi22, Holmlea Road, Droylsden, Manchester, Greater Manchester M43 6WG2
£175K02/230.37 mi28, Vale Street, Manchester, Greater Manchester M11 4WG2
£135K03/210.37 mi31, Dargai Street, Manchester, Greater Manchester M11 4PW2
£125K08/230.37 mi51, Dargai Street, Manchester, Greater Manchester M11 4PW2
£173K02/230.37 mi60, Hamnett Street, Droylsden, Manchester, Greater Manchester M43 6LW2
£117.5K04/210.39 mi34, Buckingham Road, Droylsden, Manchester, Greater Manchester M43 6WF2
£179K08/210.4 mi3, Fraternitas Terrace, Droylsden, Manchester, Greater Manchester M43 7SU2
£150K08/210.42 mi317, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6LU2
£145K08/230.43 mi13, Stanton Street, Manchester, Greater Manchester M11 4NH2
£146K01/230.43 mi7, Stanton Street, Manchester, Greater Manchester M11 4NH2
£117.5K07/230.43 mi29, Stanton Street, Manchester, Greater Manchester M11 4NH2
£88K03/210.43 mi16, Tottington Street, Manchester, Greater Manchester M11 4WT2
£160K08/230.45 mi460, Manchester Road, Droylsden, Manchester, Greater Manchester M43 6QZ2
£163K06/230.45 mi665, Ashton New Road, Manchester, Greater Manchester M11 4QJ2
£110K02/210.46 mi174, Barrington Street, Manchester, Greater Manchester M11 4ED2
£130K09/230.46 mi166, Barrington Street, Manchester, Greater Manchester M11 4ED2
£135K01/240.47 mi35, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£137.5K05/210.47 mi22, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£140K10/230.47 mi37, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£137.5K05/210.47 mi22, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£130K09/210.47 mi149, Barrington Street, Manchester, Greater Manchester M11 4FB2
£107K11/200.47 mi177, Barrington Street, Manchester, Greater Manchester M11 4FB2
£157.5K02/230.47 mi201, Barrington Street, Manchester, Greater Manchester M11 4FB2
£115K09/230.47 mi189, Barrington Street, Manchester, Greater Manchester M11 4FB2
£110K03/230.47 mi193, Barrington Street, Manchester, Greater Manchester M11 4FB2
£137K10/230.48 mi9, Coatbridge Street, Manchester, Greater Manchester M11 4RL2
£152K10/200.48 mi6, Briarwood Avenue, Droylsden, Manchester, Greater Manchester M43 7RG2
£185K08/230.52 mi7, Strathfield Drive, Manchester, Greater Manchester M11 4HB2
£115K12/200.53 mi203, Manor Road, Droylsden, Manchester, Greater Manchester M43 6JA2
£216K12/220.53 mi36, Graver Lane, Manchester, Greater Manchester M40 1QL2
£94.5K11/200.56 mi40, Clayton Street, Manchester, Greater Manchester M11 4HA2
£200K01/240.57 mi13, Assheton Road, Manchester, Greater Manchester M40 1UB2
£179K06/210.58 mi14, Derbyshire Road, Manchester, Greater Manchester M40 1QN2
£145K06/230.58 mi14, Christopher Street, Manchester, Greater Manchester M40 1WA2
£130K07/230.59 mi15, Ballantine Street, Manchester, Greater Manchester M40 1RT2
£180K07/230.59 mi19, St Kildas Avenue, Droylsden, Manchester, Greater Manchester M43 7SE2

Local Rents

29 rents from £795/mo to £2.4K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£92512/240.04 mi-2
£79505/240.17 miEdge Lane, Manchester2
£99505/240.26 miStokes Street, Manchester, M112
£85004/240.26 mi-2
£1,02503/250.33 mi-2
£1,10001/250.36 mi-2
£97508/240.39 miHamnett Street, Droylsden, Manchester, M432
£97503/250.39 mi-2
£1,15005/240.41 miRonald Street, Manchester, M112
£1,05012/240.42 mi-2
£92503/250.43 mi-2
£1,90005/240.44 mi-2
£1,30003/250.44 mi-2
£99505/240.44 miAshton New Road, Manchester, M112
£1,00006/240.44 mi-2
£89505/240.44 mi-2
£95010/240.5 mi-2
£95010/240.5 mi-2
£80003/250.52 mi-2
£90010/240.52 mi-2
£2,40003/250.56 mi-2
£95005/240.56 miParvet Avenue, Droylsden, Manchester2
£1,00011/240.58 mi-2
£90006/240.59 mi-2
£90005/240.59 miSt. Andrews Avenue, Droylsden, Manchester, M432
£90006/240.59 miSt. Andrews Avenue, Droylsden, Manchester, M432
£1,20005/240.61 miEastwood Avenue, Droyslden, M432
£90008/240.61 miBuxton Lane, Droylsden, Manchester, Greater Manchester, M432
£1,10011/240.61 mi-2

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

4 miles away

Nearest school

0.30 miles away

Nearest train station

0.50 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £130,000

August 23, 2024

Sold for £90,000

2009

Sold for £72,000

2009

Sold for £85,000

2004

Sold for £35,000

2004

Floor Plans

Description

  • TWO DOUBLE BEDROOMED +
  • MID TERRACED +
  • TWO RECEPTION ROOMS +
  • DOWNSTAIRS W/C +
  • GOOD SIZED BATHROOM +
  • REAR YARD +
  • LOFT SPACE +
  • POPULAR LOCATION +
  • NO VENDOR CHAIN +
  • MUST BE VIEWED +

* IN NEED OF MODERNISATION * SLEIGH AND SON are delighted to welcome to the open market this traditional brick built slated roof MID TERRACED property for sale with NO VENDOR CHAIN. This SPACIOUS property is situated in a POPULAR residential area in Clayton along with having the benefits of two reception rooms, two double bedrooms and office/dressing room, downstairs w/c, rear yard and many more, making it the ideal purchase for a wide range of buyers. Located close to local schools, amenities, transport links into Manchester City centre and a short distance from the M60 motorway. This property is in need of full refurbishment and is perfect for somebody looking to find their forever home. The property is warmed via gas central heating. uPVC double glazing is partially installed. Street parking only.
Briefly the accommodation comprises:- entrance hallway, lounge, second reception, kitchen and downstairs w/c to the ground floor. Two bedrooms and bathroom to the first floor.

LEASEHOLD 999YRS from 29/09/1897. £3.00 per annum fixed. COUNCILTAX BAND A. Mains gas, electricity, sewerage and water (unmetered)

ENTRANCE HALL: Hardwood glazed entrance door to the front elevation. Doors into the dining room and lounge. Radiator. Light and power points. Staircase to the first floor.

DINING ROOM: 4.61m x 3.01m (15'1" x 9'11"), uPVC double glazed bay window to the front elevation. Radiator. Electric meter. Light and power points.

LOUNGE: 4.58m x 4.23m (15'0" x 13'11"), uPVC double glazed window to the rear elevation. Radiator. Under the stairs storage cupboard. Light and power points. Door into the kitchen.

KITCHEN: 4.11m x 2.12m (13'6" x 6'11"), uPVC double glazed window to the rear elevation. A range a wall and base units with role edge worktops. Integrated oven and electric hobs. Space for a washing machine and under counter fridge. Stainless steel sink and drainer with a mixer tap. Tiled splashbacks. Light and power points. Hardwood door into the downstairs w/c.

INNER HALLWAY: Door into the downstairs w/c. Light point. uPVC double glazed exit door to the side elevation.

DOWNSTAIRS W/C: 2.07m x 0.93m (6'9" x 3'1"), uPVC double glazed privacy window to the side elevation. Low level w/c. Light point.

STAIRCASE: Hand rail. Door into the master bedroom and second room.

LANDING: Doors into the master bedroom, second bedroom, loft room and office/dressing room. Light point.

MASTER BEDROOM: 4.23m x 3.94m (13'11" x 12'11"), uPVC double glazed window to the front elevation. Radiator. Light and power points. Door into the landing.

BEDROOM TWO: 3.62m x 3.13m (11'11" x 10'3"), uPVC double glazed window to the rear elevation. Radiator. Light and power points. Door into the landing.

OFFICE/DRESSING ROOM: 2.12m x 1.88m (6'11" x 6'2"), uPVC double glazed window to the side elevation. Radiator. Light and power points. Door into the bathroom.

BATHROOM: 2.14m x 1.67m (7'0" x 5'6"), uPVC double glazed privacy window to the rear elevation. Panel bathtub with and overhead shower. Glazed shower screen. Handwash basin. Low level w/c. Part tiled. Light point.

EXTERNAL: To the front - Paved front garden with tree and shrub borders.
To the rear - Concrete rear yard fully enclosed with brick walls.

Agent Details

Sleigh & Son, Droylsden

0161 524 7581

Next Steps?

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