3 Bed Semi-Detached House, Planning Permission, Manchester, M19 3EF, £290,000

104 Barlow Road, Manchester, Greater Manchester, M19 3EF - 3 views - 7 months ago

Sold STC
Leasehold
Planning
ROI: 2%
108 m²
+13 photos

ValuationOvervalued

Sold Prices£54K - £420.3K
Sold Prices/m²£551/m² - £4K/m²

 

 

Square Metres

108 m²
Price/m²£2.7K/m²

Value Estimate

£269,297

 

 

End Value (After Refurb)

£283,279

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£72,500

Stamp Duty & Legal Fees

£11,900

Refurb Costs

£45,523

Bridging Loan Interest

£7,613

Total Cash In

£139,285

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£283,279

Mortgage (After Refinance)

£212,459

Mortgage LTV

75%

Cash Left In

£139,285

Equity

£70,820

Rent Range

£1,050 - £2,700

Rent Estimate

£1,365

Running Costs/mo

£1,178

Cashflow/mo

£187

Cashflow/yr

£2,241

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £54K to £420.3K, average is £229K. £551/m² to £4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£162K10/210.03 mi58, Barlow Road, Levenshulme, Manchester, Greater Manchester M19 3EF3
£242.5K06/230.04 mi26, Rushmere Avenue, Levenshulme, Manchester, Greater Manchester M19 3EH3
£219K12/200.04 mi26, Rushmere Avenue, Levenshulme, Manchester, Greater Manchester M19 3EH3
£215K10/230.04 mi34, Rushmere Avenue, Levenshulme, Manchester, Greater Manchester M19 3EH3
£217.5K06/210.05 mi117, Barlow Road, Levenshulme, Manchester, Greater Manchester M19 3FF3
£210K10/230.05 mi16, King Edward Street, Manchester, Greater Manchester M19 3FY3
£176K12/200.08 mi4, Rushmere Avenue, Levenshulme, Manchester, Greater Manchester M19 3EH3
£255K05/230.09 mi20, Emley Street, Manchester, Greater Manchester M19 3BZ3
£300K05/210.09 mi52, Cromwell Grove, Manchester, Greater Manchester M19 3QN3
£243.8K07/230.09 mi58, Cromwell Grove, Manchester, Greater Manchester M19 3QN3
£270K12/230.09 mi10, Manor Road, Levenshulme, Manchester, Greater Manchester M19 3EE3
£239.5K04/210.13 mi45, Barlow Road, Levenshulme, Manchester, Greater Manchester M19 3DB3
£200K11/200.13 mi32, Carrill Grove East, Manchester, Greater Manchester M19 3BT3
£250K02/210.15 mi35, Cromwell Grove, Manchester, Greater Manchester M19 3QD3
£168K10/210.16 mi1, Balleratt Street, Manchester, Greater Manchester M19 3DF3
£228K05/210.18 mi8, Gordon Avenue, Manchester, Greater Manchester M19 3WG3
£216K06/210.18 mi12, Gordon Avenue, Manchester, Greater Manchester M19 3WG3
£270K01/230.18 mi5, Lincoln Avenue, Manchester, Greater Manchester M19 3LA3
£163K01/230.18 mi35, Portville Road, Manchester, Greater Manchester M19 3DN3
£160K01/240.19 mi23, Portville Road, Manchester, Greater Manchester M19 3DN3
£239.7K01/240.19 mi18, Portville Road, Manchester, Greater Manchester M19 3DN3
£233K04/210.19 mi29, Stanhope Street, Manchester, Greater Manchester M19 3WQ3
£248K03/210.19 mi3, Stanhope Street, Manchester, Greater Manchester M19 3WQ3
£230K11/200.19 mi24, Stanhope Street, Manchester, Greater Manchester M19 3WQ3
£210K03/210.19 mi34, Garfield Avenue, Manchester, Greater Manchester M19 3LF3
£234K06/230.19 mi16, Garfield Avenue, Manchester, Greater Manchester M19 3LF3
£263K08/230.2 mi38, Lonsdale Road, Manchester, Greater Manchester M19 3FL3
£150K04/230.2 mi81, Hornbeam Road, Manchester, Greater Manchester M19 3EN3
£170K03/210.21 mi227, Broom Lane, Manchester, Greater Manchester M19 3LX3
£247.6K06/210.21 mi82, Delamere Road, Manchester, Greater Manchester M19 3WR3
£230K03/210.21 mi30, St Oswalds Road, Levenshulme, Manchester, Greater Manchester M19 3DR3
£325K02/230.22 mi40, Langdale Avenue, Manchester, Greater Manchester M19 3WS3
£247K10/200.23 mi178, Broom Lane, Manchester, Greater Manchester M19 3LY3
£190K11/210.23 mi19, Lostock Avenue, Manchester, Greater Manchester M19 3QJ3
£160K12/200.24 mi29, Guildford Road, Manchester, Greater Manchester M19 3FP3
£238.8K03/210.24 mi48, Delamere Road, Manchester, Greater Manchester M19 3NQ3
£210K11/200.25 mi118, Broom Lane, Manchester, Greater Manchester M19 3LJ3
£207.5K05/230.25 mi44, Agnes Street, Manchester, Greater Manchester M19 3AZ3
£325K08/230.25 mi7, Worsley Grove, Levenshulme, Manchester, Greater Manchester M19 3AF3
£317.5K08/230.25 mi20, Langdale Avenue, Manchester, Greater Manchester M19 3NT3
£218K01/210.25 mi33, Langdale Avenue, Manchester, Greater Manchester M19 3NT3
£250K12/230.26 mi12, Eltham Street, Manchester, Greater Manchester M19 3AL3
£217K02/210.26 mi8, Eltham Street, Manchester, Greater Manchester M19 3AL3
£54K05/230.27 mi47, Dorset Road, Manchester, Greater Manchester M19 3NB3
£244.6K06/210.27 mi17, Dorset Road, Manchester, Greater Manchester M19 3NB3
£227.5K01/230.27 mi27, Dorset Road, Manchester, Greater Manchester M19 3NB3
£215K06/210.27 mi5, Baslow Avenue, Manchester, Greater Manchester M19 3GG3
£150K12/220.28 mi7, Newdale Road, Manchester, Greater Manchester M12 4GG3
£250K04/210.28 mi8, Bristol Avenue, Manchester, Greater Manchester M19 3NU3
£420.3K07/230.29 mi2, Gloucester Avenue, Manchester, Greater Manchester M19 3WT3

Local Rents

50 rents from £1.1K/mo to £2.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,39505/240.03 miWestminster Street, Levenshulme, Manchester3
£1,35005/240.04 miRushmere Avenue, Levenshulme, Manchester, M193
£1,45012/240.05 mi-3
£2,70003/250.05 mi-3
£1,40002/250.06 mi-3
£1,30006/240.06 miKing Edward Street, Manchester3
£1,40005/240.06 miMontreal Street, M19 3BY3
£1,59505/240.09 miCromwell Grove, Manchester, Greater Manchester, M193
£1,50008/240.13 mi-3
£1,05012/240.18 mi-3
£1,40002/240.19 mi-3
£1,30005/240.19 miGarfield Avenue, Manchester, Greater Manchester, M193
£1,25005/240.2 miLonsdale Road, Manchester, M193
£1,30005/240.22 mi-3
£1,68006/240.23 mi-3
£1,68005/240.23 miDelamere Road, Manchester, M193
£1,51712/240.24 mi-3
£1,50005/240.24 miDelamere Road, Manchester, M193
£1,25006/240.25 miLangdale Avenue, Levenshulme, Manchester, M193
£1,50005/240.26 mi-3
£1,40005/240.26 miAudley Road, Manchester M19 3EG3
£1,50004/250.27 mi-3
£1,19505/240.31 miBelvoir Avenue, Manchester, Greater Manchester, M193
£1,19505/240.31 miSt Marks Street, Levenshulme3
£1,30005/240.31 miSt. Marks Street, Levenshulme, Manchester, M193
£1,39512/240.32 mi-3
£1,30012/240.33 mi-3
£1,19502/240.34 mi-3
£1,30005/240.34 miAlbert Road, Manchester, M19 2FP3
£1,20001/240.34 mi-3
£1,49505/240.35 miAlbert Road, Manchester, Greater Manchester, M193
£1,35005/240.36 miStovell Avenue, Manchester, M123
£1,25005/240.38 mi-3
£1,35004/250.38 mi-3
£1,25005/240.38 miForest Range, Manchester, M193
£1,50012/240.39 mi-3
£1,10012/240.39 mi-3
£1,25012/240.41 mi-3
£1,25012/240.41 mi-3
£1,25005/240.41 miAlbert Road, Manchester, M193
£1,25006/240.41 miAlbert Road, Manchester, M193
£1,50012/240.44 mi-3
£1,40005/240.45 miPeter Moss Way, Manchester, M193
£1,35005/240.48 mi-3
£1,35005/240.48 miAlbert Road, Manchester, M193
£1,40012/240.48 mi-3
£1,65006/240.5 miWoodland Road, Manchester3
£1,60005/240.51 miLytham Road, Fallowfield3
£1,30011/240.52 mi-3
£1,30011/240.52 mi-3

Local Area Statistics

Population in M19

34,838

Population in Manchester

920,095

Town centre distance

2.72 miles away

Nearest school

0.10 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £290,000

September 4, 2024

Sold for £86,000

2013

Floor Plans

Description

*3 BED SEMI WITH APPROVED PLANNING TO EXTEND*This fantastic three-bedroom semi-detached house in the heart of Levenshulme offers a perfect blend of comfort and convenience, making it an ideal choice for families and professionals alike. Located on Barlow Road, a highly sought-after area where off-road parking is a rare find, the property boasts its own driveway, ensuring hassle-free parking right at your doorstep. This property comes with approved planning permission for significant enhancements, including a two-storey side extension, a two-storey rear extension, and the addition of a dormer to the existing roof. These extensions provide an excellent opportunity to expand the living space, offering potential for additional bedrooms, a larger kitchen, or a home office. This makes the property ideal for buyers looking to create their dream home with plenty of room for growth. As you step inside, you'll be greeted by two spacious reception rooms, perfect for entertaining guests or simply relaxing with family. Both rooms are bathed in natural light, creating a warm and inviting atmosphere. The well-proportioned kitchen offers ample space for cooking and dining, making it a central hub of the home where culinary creativity can thrive. The property features three bedrooms, including two generously sized double bedrooms and a smaller double bedroom that could serve as a cozy guest room, nursery, or home office. While the house is in good condition, it presents an exciting opportunity for new owners to put their personal stamp on it. Situated in a prime location, the property benefits from excellent transport links including Levenshulme Train station and the A6, making commuting into Manchester city center quick and convenient. Additionally, the area is known for its good schools, making it a popular choice for families looking to settle in a vibrant and friendly community. Don’t miss out on the chance to make it your own.

Agent Details

Jacob Knight, Manchester

0161 524 8470

Next Steps?

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