2 Bed Flat, Single Let, Manchester, M16 0UG, £264,800

86 Talbot Road, Old Trafford - M16 0UG - 6 views - 7 months ago

Leasehold
BTL
ROI: 1%
~68 m²
+7 photos

ValuationOvervalued

Sold Prices£65K - £263K
Sold Prices/m²£1K/m² - £4.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.9K/m²

Value Estimate

£215,163

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£66,200

Stamp Duty & Legal Fees

£9,884

Total Cash In

£76,084

 

 

Cash Out

 

Rent Range

£950 - £2,900

Rent Estimate

£1,156

Running Costs/mo

£1,079

Cashflow/mo

£77

Cashflow/yr

£928

ROI

1%

Gross Yield

5%

Local Sold Prices

43 sold prices from £65K to £263K, average is £198K. £1K/m² to £4.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£210K10/200.61 mi88, Merchants Quay, Salford, Greater Manchester M50 3XG2
£210K10/200.61 mi88, Merchants Quay, Salford, Greater Manchester M50 3XG2
£250K10/210.61 mi62, Merchants Quay, Salford, Greater Manchester M50 3XG2
£106.5K03/210.62 mi31, Beresford Road, Stretford, Manchester, Greater Manchester M32 0PZ2
£263K12/230.63 mi44, Merchants Quay, Salford, Greater Manchester M50 3XR2
£128K03/210.67 mi20, Nansen Close, Stretford, Manchester, Greater Manchester M32 0PX2
£65K11/230.67 mi4, Broseley Road, Manchester, Greater Manchester M16 0EZ2
£178K03/230.7 mi15, Radclyffe Mews, Salford, Greater Manchester M5 3GD2
£170K02/230.7 mi17, Radclyffe Mews, Salford, Greater Manchester M5 3GD2
£150K12/200.78 mi69, Lee Crescent, Stretford, Manchester, Greater Manchester M32 0TN2
£144.8K01/210.78 mi73, Lee Crescent, Stretford, Manchester, Greater Manchester M32 0TN2
£210K03/240.8 miImperial Point, Apartment 812, The Quays, Salford, Greater Manchester M50 3RB2
£228K05/210.83 mi16, Winnipeg Quay, Salford, Greater Manchester M50 3TY2
£260K12/200.83 mi53, Winnipeg Quay, Salford, Greater Manchester M50 3TY2
£200K06/210.83 mi24, Winnipeg Quay, Salford, Greater Manchester M50 3TY2
£230K05/210.83 mi41, Winnipeg Quay, Salford, Greater Manchester M50 3TY2
£190K04/210.83 mi49, Winnipeg Quay, Salford, Greater Manchester M50 3TY2
£188K10/200.84 mi76, St Lawrence Quay, Salford, Greater Manchester M50 3XU2
£238.5K10/230.84 mi70, St Lawrence Quay, Salford, Greater Manchester M50 3XU2
£198K10/230.84 mi76, St Lawrence Quay, Salford, Greater Manchester M50 3XU2
£240K12/220.85 mi15, St Lawrence Quay, Salford, Greater Manchester M50 3XT2
£240K09/210.86 mi44, Vancouver Quay, Salford, Greater Manchester M50 3TU2
£205K09/210.86 mi71, Vancouver Quay, Salford, Greater Manchester M50 3TU2
£209.5K11/200.86 mi70, Vancouver Quay, Salford, Greater Manchester M50 3TU2
£185K10/200.86 miFlat 11, Queens Court, Manchester Road, Manchester, Greater Manchester M16 0EA2
£188K10/200.86 mi76, St Lawrence Quay, Salford, Greater Manchester M50 3XU2
£196K10/200.9 mi25, Labrador Quay, Salford, Greater Manchester M50 3YH2
£208K05/210.9 mi111, Labrador Quay, Salford, Greater Manchester M50 3YH2
£197K12/200.9 mi107, Labrador Quay, Salford, Greater Manchester M50 3YH2
£192K01/210.9 mi153, Labrador Quay, Salford, Greater Manchester M50 3YH2
£204K03/210.9 mi141, Labrador Quay, Salford, Greater Manchester M50 3YH2
£255K11/220.9 mi119, Labrador Quay, Salford, Greater Manchester M50 3YH2
£210K05/230.9 mi171, Labrador Quay, Salford, Greater Manchester M50 3YH2
£187K05/230.9 mi61, Woodlawn Court, Manchester, Greater Manchester M16 9RL2
£212K12/220.9 mi43, Labrador Quay, Salford, Greater Manchester M50 3YH2
£195K01/230.92 mi145, Labrador Quay, Salford, Greater Manchester M50 3YH2
£167.5K11/220.92 mi91, Wardle Close, Stretford, Manchester, Greater Manchester M32 0TF2
£205.5K12/220.92 mi53, Woodlawn Court, Manchester, Greater Manchester M16 9RL2
£199.9K03/210.92 mi48, Woodlawn Court, Manchester, Greater Manchester M16 9RJ2
£153.5K03/210.92 mi41, Greenwood Terrace, Salford, Greater Manchester M5 3GH2
£112K05/210.92 mi93, Wardle Close, Stretford, Manchester, Greater Manchester M32 0TF2
£195K06/210.95 mi2, Woodlawn Court, Manchester, Greater Manchester M16 9RH2
£180K05/230.96 mi32, Abbotside Close, Manchester, Greater Manchester M16 7RP2

Local Rents

51 rents from £950/mo to £2.9K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£2,90005/240.03 mi-2
£2,90005/240.03 mi-2
£2,90012/240.04 mi-2
£1,20006/240.04 mi88-92 Talbot Road , Old Trafford , Manchester, M16 0UE2
£1,25005/240.04 miApartment 208 Insignia, 86 Talbot Road , Old Trafford, Manchester, M16 0UF2
£1,25005/240.04 mi86 Talbot Road , Manchester, M16 0UF2
£99505/240.04 mi17 Montague Road, M16 0QT2
£1,20003/250.05 mi-2
£1,35005/240.06 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,35005/240.06 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,25005/240.06 miAlexander House2
£1,35005/240.06 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,35006/240.06 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,35006/240.06 miTalbot Road, Manchester, Greater Manchester, M162
£1,30005/240.06 mi-2
£99505/240.06 miApartment , Bowdon Court, Montague Road, Manchester2
£1,25005/240.06 miAlexander House, Talbot Road, Old Trafford, Manchester. M16 0PJ2
£1,35005/240.07 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£1,35005/240.07 miAlexander House, Talbot Road, Manchester, Greater Manchester, M162
£2,25005/240.08 mi-2
£1,30005/240.08 miWarwick Road, Manchester, Greater Manchester, M162
£1,30003/240.08 miWarwick Road,Old Trafford,Manchester,M162
£1,25003/240.08 miWarwick Road, Manchester, Greater Manchester, M162
£1,20005/240.08 miWarwick Road, Manchester, Greater Manchester, M162
£1,30002/250.08 mi-2
£1,30005/240.09 mi-2
£1,30005/240.09 miTalbot Road, Old Trafford, Manchester, M162
£1,10012/240.09 mi-2
£1,10005/240.09 miTalbot Road, Old Trafford, Manchester, M162
£2,59901/250.13 mi-2
£2,59902/250.13 mi-2
£2,59901/250.13 mi-2
£2,39503/250.14 mi-2
£2,00007/240.26 mi-2
£2,34501/250.26 mi-2
£1,32503/240.29 miNo. 1 Old Trafford2
£1,22503/240.29 miNo. 1 Old Trafford2
£1,25003/240.29 miNo. 1 Old Trafford2
£1,32503/240.29 miNo. 1 Old Trafford2
£1,35005/240.32 miNo 1 Old Trafford, Salford Quays, M17 1GW2
£1,25005/240.33 miTrafford Park, Manchester, Greater Manchester, M172
£95012/240.33 mi-2
£1,15005/240.33 mi41 Grove House, Skerton Road2
£1,35005/240.34 miB.. Block B, Wharfside, M172
£1,35012/240.34 mi-2
£1,35001/250.34 mi-2
£1,40005/240.34 miWharf End, Trafford Park, Manchester, M172
£1,30005/240.35 miNo.1 Old Trafford, Manchester2
£1,30002/240.35 miWharf End, Trafford Park, Manchester, Greater Manchester, M172
£1,25005/240.35 miNo. 1 Old Trafford2
£1,09505/240.35 miNo. 1, Old Trafford, Manchester, M172

Local Area Statistics

Population in M16

35,559

Population in Manchester

920,095

Town centre distance

1.45 miles away

Nearest school

0.40 miles away

Nearest train station

0.27 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Buyer's market

Capital growth (5yrs)

+80%

Property History

Listed for £264,800

September 6, 2024

Floor Plans

Description

  • Expansive Open-Plan Living +
  • Gourmet Kitchen +
  • Tranquil Bedrooms +
  • Luxurious Bathrooms +
  • Prime Location +
  • Ideal for Young Professionals, Couples, or Small Families +
  • High Rental Demand +
  • Capital Appreciation Potential +
  • Secure Allocated Parking +

Exquisite 2-Bed, 2-Bath Apartment in the Heart of Old Trafford: Ideal for Self-Use or Investment 86 Talbot Road, Old Trafford - M16 0UG Nestled within a sought-after Old Trafford locale, this impeccably presented 2-bedroom, 2-bathroom apartment epitomizes modern living at its finest. Combining contemporary design with a prime location, this residence presents an exceptional opportunity for both discerning homeowners and astute investors. Property Features:

  • Expansive Open-Plan Living: The generously proportioned open-plan living/dining/kitchen area serves as the heart of this home, creating an inviting space to relax and entertain. Abundant natural light streams through large windows, further enhancing the sense of space and airiness.

  • Gourmet Kitchen: The state-of-the-art kitchen boasts high-quality fixtures and appliances, ample storage, sleek countertops, a breakfast bar, and integrated appliances, providing a perfect environment for culinary creativity and casual dining.

  • Tranquil Bedrooms: Both bedrooms are generously sized, featuring plush carpeting, built-in wardrobes, and large windows that offer scenic views and fill the rooms with natural light. The master bedroom boasts an ensuite bathroom for added privacy and convenience.

  • Luxurious Bathrooms: Two beautifully appointed bathrooms feature modern fixtures, elegant tiling, a spa-like ambiance, underfloor heating, and a rainfall shower in the ensuite.

  • Secure Allocated Parking: Enjoy the peace of mind that comes with a designated parking space within a secure gated complex.

  • Prime Location: Situated in the vibrant heart of Old Trafford, residents are within easy reach of a plethora of amenities, including shops, restaurants, cafes, parks, and entertainment options. Excellent transport links provide seamless access to Manchester city center and beyond.

Ideal for Self-Use:

  • Young Professionals and Couples: This apartment offers a stylish and low-maintenance lifestyle in a vibrant community with easy access to work and leisure activities.

  • Small Families: The two well-proportioned bedrooms and spacious living areas provide ample room for a growing family, while the secure complex and nearby parks offer a safe and family-friendly environment.

Investment Potential:

  • High Rental Demand: The property's desirable location, modern features, and secure parking make it highly attractive to potential tenants, ensuring a consistent rental income stream.

  • Capital Appreciation: Old Trafford's continued growth and development, coupled with the property's prime location, suggest strong potential for capital appreciation over time.

Additional Benefits:

  • Secure Entry System

  • On-Site Bicycle Storage

  • Energy-Efficient Design

  • Double Glazing Throughout

  • Communal Landscaped Gardens

  • Video Intercom System

This exceptional apartment represents an outstanding opportunity for both homeowners and investors alike. Contact us today to arrange a private viewing and discover the limitless potential of this remarkable Old Trafford residence.

Agent Details

The Goat Residential Ltd, Covering Manchester

0161 524 1253

Next Steps?

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