2 Bed Terraced House, Single Let, Leigh, WN7 5AF, £110,000

18 Cotton Street, Leigh, Greater Manchester, WN7 5AF - 3 views - 8 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+6 photos

ValuationOvervalued

Sold Prices£55K - £203K
Sold Prices/m²£737/m² - £2.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.6K/m²

Value Estimate

£92,928

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£27,500

Stamp Duty & Legal Fees

£4,500

Total Cash In

£32,000

 

 

Cash Out

 

Rent Range

£625 - £1,650

Rent Estimate

£634

Running Costs/mo

£491

Cashflow/mo

£143

Cashflow/yr

£1,721

ROI

5%

Gross Yield

7%

Local Sold Prices

48 sold prices from £55K to £203K, average is £105K. £737/m² to £2.8K/m², average is £1.4K/m².

PriceDateDistanceAddressBeds 
£103K05/210.05 mi1, Clifton Street, Leigh, Greater Manchester WN7 5AD2
£107K12/210.08 mi234, Twist Lane, Leigh, Greater Manchester WN7 4EL2
£109K11/210.08 mi21c, Scott Street, Leigh, Greater Manchester WN7 5AL2
£105K09/230.08 mi10, Scott Street, Leigh, Greater Manchester WN7 5AL2
£85K05/210.1 mi229, Twist Lane, Leigh, Greater Manchester WN7 4EH2
£115K09/230.1 mi3, Siddeley Street, Leigh, Greater Manchester WN7 5AZ2
£105K08/230.1 mi21, Siddeley Street, Leigh, Greater Manchester WN7 5AZ2
£85K02/240.1 mi13, Kearsley Street, Leigh, Greater Manchester WN7 4EP2
£123K08/240.12 mi31, Firs Lane, Leigh, Greater Manchester WN7 4SA2
£55K03/210.14 mi34, Pilling Street, Leigh, Greater Manchester WN7 4ET2
£122.5K10/230.14 mi35, Pilling Street, Leigh, Greater Manchester WN7 4ET2
£127K05/230.14 mi22, Pilling Street, Leigh, Greater Manchester WN7 4ET2
£100K08/210.16 mi3, Lostock Walk, Leigh, Greater Manchester WN7 5BB2
£125K10/210.16 mi7, Peacock Fold, Leigh, Greater Manchester WN7 5BG2
£97K05/210.2 mi57, Findlay Street, Leigh, Greater Manchester WN7 4EQ2
£100K12/210.23 mi47, Fairhurst Street, Leigh, Greater Manchester WN7 4EE2
£90K06/230.23 mi34, Fairhurst Street, Leigh, Greater Manchester WN7 4EE2
£125K12/230.23 mi30, Fairhurst Street, Leigh, Greater Manchester WN7 4EE2
£55K04/210.3 mi56, Thirlmere Street, Leigh, Greater Manchester WN7 4DX2
£105K07/210.3 mi58, Thirlmere Street, Leigh, Greater Manchester WN7 4DX2
£91.6K09/230.3 mi46, Thirlmere Street, Leigh, Greater Manchester WN7 4DX2
£154.4K09/230.31 mi118, Windermere Grove, Leigh, Greater Manchester WN7 1XQ2
£160K02/240.31 mi15, Langdale Street, Leigh, Greater Manchester WN7 1XP2
£100K04/230.32 mi11, Peel Street, Leigh, Greater Manchester WN7 1XF2
£70K03/210.32 mi20, Twist Lane, Leigh, Greater Manchester WN7 4DA2
£180K06/230.32 mi6, Firvale Close, Leigh, Greater Manchester WN7 4TG2
£142K09/230.33 mi135, Twist Lane, Leigh, Greater Manchester WN7 4DW2
£86K11/200.34 mi5, Ulleswater Street, Leigh, Greater Manchester WN7 4DZ2
£129K08/230.37 mi40, Poets Nook, Leigh, Greater Manchester WN7 4DL2
£87.5K07/210.37 mi29, Organ Street, Leigh, Greater Manchester WN7 4DS2
£82K02/210.37 mi56, Organ Street, Leigh, Greater Manchester WN7 4DS2
£100K03/230.39 mi6, Buchanan Street, Leigh, Greater Manchester WN7 1XT2
£103.5K03/230.4 mi22, Nangreaves Street, Leigh, Greater Manchester WN7 4TN2
£105K01/240.4 mi4, Nangreaves Street, Leigh, Greater Manchester WN7 4TN2
£203K11/230.4 mi13a, Nangreaves Street, Leigh, Greater Manchester WN7 4TN2
£115K12/230.4 mi55, Rydal Street, Leigh, Greater Manchester WN7 4DR2
£105K09/230.4 mi9, Rydal Street, Leigh, Greater Manchester WN7 4DR2
£77K02/210.4 mi3, Rydal Street, Leigh, Greater Manchester WN7 4DR2
£88K02/230.4 mi11, Rydal Street, Leigh, Greater Manchester WN7 4DR2
£140K05/230.4 mi10, Lilford Street, Leigh, Greater Manchester WN7 4JN2
£105K10/210.4 mi13, Jaffrey Street, Leigh, Greater Manchester WN7 1XX2
£75K01/210.4 mi18, Jaffrey Street, Leigh, Greater Manchester WN7 1XX2
£135K12/200.41 mi8, Overton Street, Leigh, Greater Manchester WN7 4HZ2
£150K05/230.41 mi42, Wilkinson Street, Leigh, Greater Manchester WN7 4DQ2
£90K12/200.42 mi7, Overton Street, Leigh, Greater Manchester WN7 4HZ2
£160K06/230.42 mi9, May Avenue, Leigh, Greater Manchester WN7 5DQ2
£77.5K06/210.42 mi223, Wigan Road, Leigh, Greater Manchester WN7 5DW2
£78K01/210.43 mi69, Glebe Street, Leigh, Greater Manchester WN7 1RF2

Local Rents

44 rents from £625/mo to £1.6K/mo, average is £840/mo.

RentDateDistanceAddressBeds 
£85002/250.02 mi-2
£79504/250.04 mi-2
£95002/250.06 mi-2
£82504/250.12 mi-2
£85012/240.14 mi-2
£85003/250.27 mi-2
£69511/240.28 mi15 Ledgard Avenue, Leigh, WN72
£81502/250.29 mi-2
£80012/240.34 mi-2
£62511/240.34 miUlleswater Street, Leigh2
£95004/250.37 mi-2
£89504/250.37 mi-2
£90004/250.38 mi-2
£75012/240.4 mi-2
£85011/240.42 mi-2
£85011/240.42 mi-2
£85004/250.42 mi-2
£79511/240.46 miEtherstone Street, Leigh, Lancashire, WN7 4HY2
£75011/240.46 mi-2
£87511/240.46 miHilton Park, Leigh, WN7 1RL2
£80011/240.46 mi-2
£81003/250.47 mi-2
£85011/240.48 mi-2
£83004/250.49 mi-2
£70002/250.49 mi-2
£90004/250.49 mi-2
£85012/240.49 mi-2
£75002/250.49 mi-2
£75012/230.5 mi-2
£99512/240.5 mi-2
£65011/240.52 miEtherstone Street, Leigh, WN7 4JB2
£88009/240.53 mi-2
£89503/250.53 mi-2
£80011/240.54 mi-2
£75011/240.55 mi-2
£89512/240.56 mi-2
£89502/250.56 mi-2
£70011/240.56 miLeigh Road, Leigh2
£75011/240.57 mi-2
£82502/250.59 mi-2
£90003/250.59 mi-2
£75011/230.6 mi-2
£95011/240.6 mi-2
£1,65011/240.6 mi-2

Local Area Statistics

Population in WN7

47,819

Town centre distance

189.51 miles away

Nearest school

0.30 miles away

Nearest train station

2.87 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+39%

Sales demand

Seller's market

Capital growth (5yrs)

+22%

Property History

Listed for £110,000

September 4, 2024

Sold for £79,950

2007

Sold for £55,000

2004

Floor Plans

Description

  • VERY POPULAR RESIDENTAIL LOCATION +
  • MUST BE VIEWED +
  • NO CHAIN INVOLVED +

In further details the property includes:- On the ground floor: entrance hall, lounge dining room and kitchen. Whilst on the first floor there are two bedrooms and bathroom/WC. The property is heated by gas central heating and benefits double glazing.

The property is pavement fronted with an enclosed courtyard to the rear.

Most day to day requirements can be found close by whilst the more comprehensive needs such
as shopping and recreational facilities can be found just a short distance away in the town centre of Leigh.
Local retail facilities include The Loom Retail Park and Parsonage Retail Park. Leisure attractions include: Pennington Country Park, Leigh Sports Village and Leigh Centurions Rugby Ground, Leigh Rugby Union, whilst larger sporting attractions include Haydock Park Racecourse, Manchester United and Liverpool Football Clubs, plus many more. Leigh is convenient for both Liverpool, Manchester and Salford Quays, with many attractions including the new Liverpool One shopping experience and Manchester boasts some of the Country's finest restaurants, shopping and leisure facilities and on its outskirts lies the Trafford Centre and Media City.

DIRECTIONS Sat Nav ref; WN7 55AF

In further the accommodation comprises:-

GROUND FLOOR:

ENTRANCE HALL Radiator.

LOUNGE 11'3 (max) x 13'3 (max) Radiator

DINING ROOM 14'9 (max) x 11'3 (max) Radiator.

KITCHEN 10'3 (max) x 7'8 (max) Fully fitted with wall and base cupboards. Sink unit with mixer taps. Plumbing for washing machine. Radiator. Door to outside rear.

FIRST FLOOR:

LANDING

BEDROOM 13'3 (max) x 14'8 (max) Attractive fireplace with surround. Radiator.

BEDROOM 7'1 (max) x 13'6 (max) Radiator.

BATHROOM Large shower cubicle. Vanity wash hand basin. Low level WC. Radiator.

OUTSIDE:

The property is pavement fronted with an enclosed courtyard style area to the rear.

TENURE Leasehold. 999 years approx. £2.00pa

PRICE £110,000.

VIEIWNG By appointment with the agents overleaf.

COUNCIL TAX BAND A

PLEASE NOTE No tests have been made of mains services, heating systems or associated appliances and neither has confirmation been obtained from the statutory bodies of the presence of these services. We cannot therefore confirm that they are in working order and any prospective purchaser is advised to obtain verification from their solicitor or surveyor.

OPENING TIMES: MON-FRI 9.00AM - 5.30PM, SAT 9.00AM - 4.00PM, SUN CLOSED
E-mail: Web-site: /

Agent Details

Cooke & Company, Leigh

01942 925627

Next Steps?

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