2 Bed Flat, Single Let, Manchester, M11 4TE, £135,000

3 Stillwater Drive, Sports City, Manchester, M11, M11 4TE - 1 views - 7 months ago

Leasehold
BTL
ROI: 10%
~59 m²
+13 photos

ValuationFair Value

Sold Prices£53K - £487K
Sold Prices/m²£778/m² - £4.2K/m²

 

 

Square Metres

~59.10 m²
Price/m²£2.3K/m²

Value Estimate

£136,385

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,750

Stamp Duty & Legal Fees

£5,250

Total Cash In

£39,000

 

 

Cash Out

 

Rent Range

£875 - £2,700

Rent Estimate

£944

Running Costs/mo

£631

Cashflow/mo

£313

Cashflow/yr

£3,760

ROI

10%

Gross Yield

8%

Local Sold Prices

37 sold prices from £53K to £487K, average is £156K. £778/m² to £4.2K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£59.5K05/211.12 mi5, Crosby Road, Manchester, Greater Manchester M40 1QB2
£220K01/241.18 miBlock D, Apartment 59, Pollard Street, Manchester, Greater Manchester M4 7AT2
£85K12/231.22 mi67, Gorton Lane, Manchester, Greater Manchester M12 5WF2
£80K09/231.23 miFlat 12, Hayden Court, Sedgeford Road, Manchester, Greater Manchester M40 8QW2
£105K07/221.24 mi250a, Manor Road, Droylsden, Manchester, Greater Manchester M43 6JD2
£160K12/211.27 mi16, Kent Avenue, Droylsden, Manchester, Greater Manchester M43 6BW2
£270K05/231.38 mi17, William Jessop Court, Manchester, Greater Manchester M1 2NE2
£270K03/211.39 mi4, John Smeaton Court, Manchester, Greater Manchester M1 2NR2
£107K07/211.41 mi79, Crammond Close, Manchester, Greater Manchester M40 1PL2
£86.5K12/201.41 mi73, Crammond Close, Manchester, Greater Manchester M40 1PL2
£140K06/211.43 mi396, Greenside Lane, Droylsden, Manchester, Greater Manchester M43 7RZ2
£257K10/211.45 miFlat 50, M M2 Apartments, Pickford Street, Manchester, Greater Manchester M4 5BS2
£53K11/201.48 mi8, Ketton Close, Manchester, Greater Manchester M11 1NA2
£130K09/231.49 mi36, Tinningham Close, Manchester, Greater Manchester M11 1NB2
£150K03/211.53 mi11, Faversham Street, Manchester, Greater Manchester M40 5AR2
£160K08/211.65 mi11, Old Farm Crescent, Droylsden, Manchester, Greater Manchester M43 6EU2
£487K03/231.65 mi11, Marshall Street, Manchester, Greater Manchester M4 5FU2
£215K07/211.71 mi5, Lindrick Close, Manchester, Greater Manchester M40 3WB2
£70K02/211.73 mi2, Edale Avenue, Manchester, Greater Manchester M40 9HU2
£120K05/241.8 mi9, Mount Road, Manchester, Greater Manchester M18 7BG2
£160K03/231.81 mi22, Devonshire Street South, Manchester, Greater Manchester M13 9HA2
£130K04/211.83 mi18, Lock Keepers Court, Droylsden, Manchester, Greater Manchester M43 6GG2
£170K03/211.83 mi10, Hursthead Walk, Manchester, Greater Manchester M13 9UT2
£130K09/211.87 mi65, Abbeydale Road, Manchester, Greater Manchester M40 0AJ2
£250K11/231.88 miFlat 25, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£213K03/211.88 miFlat 51, Sackville Place, Bombay Street, Manchester, Greater Manchester M1 7AT2
£207.5K12/201.89 miFlat 21, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£203K02/231.89 miFlat 31, Granby House, Granby Row, Manchester, Greater Manchester M1 7AR2
£156K02/221.91 mi16, Clapham Street, Manchester, Greater Manchester M40 0BA2
£95K10/201.91 mi108, Stanley Grove, Manchester, Greater Manchester M12 5GF2
£115K01/221.91 mi11, Mitchells Quay, Failsworth, Manchester, Greater Manchester M35 0QD2
£220K12/221.94 miApartment 39, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£180K10/201.94 miApartment 30, Venice Court, Samuel Ogden Street, Manchester, Greater Manchester M1 7AX2
£197.5K09/211.96 mi8, Bridgewater Wharf, Droylsden, Manchester, Greater Manchester M43 7ZA2
£197.5K09/211.96 mi8, Bridgewater Wharf, Droylsden, Manchester, Greater Manchester M43 7ZA2
£120K06/231.99 mi3, Egerton Mews, Droylsden, Manchester, Greater Manchester M43 6TS2
£137K09/211.99 mi16, Worthington Street, Moston, Manchester, Greater Manchester M40 0BB2

Local Rents

49 rents from £875/mo to £2.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£95005/240 mi3 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£97506/240 mi3 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£1,09505/240 mi3 Stillwater Drive, Sportcity , Manchester, M11 4TE2
£92505/240 miStillwater Drive,Clayton,Manchester,M11 4TE2
£95005/240.03 mi5 Stillwater Drive, Openshaw, Sports City, Manchester, M112
£97505/240.03 mi5 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£95005/240.03 miStillwater Drive, Sports City, Manchester, M112
£1,05006/240.04 miStillwater Drive, Sports City, Macnhester, M112
£1,05006/240.04 miStillwater Drive, 5 Stillwater Drive, Manchester2
£97505/240.04 miStillwater Drive, SportCity, Manchester, M112
£95012/240.04 mi-2
£1,25012/240.04 mi-2
£1,00005/240.04 miStillwater Drive, Stillwater Drive, Manchester, M112
£1,00006/240.04 miStillwater Drive, Stillwater Drive, Manchester, M112
£97506/240.04 mi1 Stillwater Drive, Openshaw, Sports City, Manchester, M112
£1,10006/240.05 miThe Drum, Stillwater Drive, M112
£2,70012/240.07 mi-2
£2,10001/250.07 mi-2
£1,15005/240.08 mi2 The Waterfront, Sports City, Openshaw, Manchester, M112
£1,10005/240.08 miThe Waterfront, Openshaw, Manchester, M112
£1,10005/240.09 mi2 The Waterfront, Sports City, Openshaw, Manchester, M112
£1,30005/240.1 miWesham Road, Manchester, M112
£1,30012/240.1 mi-2
£1,30012/240.1 mi-2
£1,10012/240.12 mi-2
£1,10003/250.14 mi-2
£1,20001/240.14 mi-2
£1,00005/240.15 miThe Waterfront, Manchester, M112
£1,10005/240.15 miApt 10, 2 Stuart Street, Clayton M11 4DQ2
£1,05005/240.16 miThe Drum, 2 Stuart Street, Sport City2
£1,20012/240.16 mi-2
£97502/250.16 mi-2
£1,20003/250.26 mi-2
£1,20002/250.26 mi-2
£87512/240.3 mi-2
£97505/240.32 mi-2
£1,00003/250.32 mi-2
£95001/240.32 mi-2
£1,00008/240.54 miThe Mews, Manchester, M402
£89505/240.56 mi-2
£1,15005/240.58 miDarley Street, Manchester, M112
£1,10006/240.59 miSaxon Street, Manchester, M402
£1,90005/240.6 mi-2
£1,30003/250.6 mi-2
£1,10006/240.6 miSaxon Street, Manchester, M402
£1,30008/240.6 miSaxon Street, Manchester, M402
£1,05012/240.62 mi-2
£92503/250.62 mi-2
£2,25011/240.62 mi-2

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

3.15 miles away

Nearest school

0.20 miles away

Nearest train station

0.88 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £135,000

September 9, 2024

Floor Plans

Description

  • Mortgage Buyers Welcome +
  • EWS1 Form In Place +
  • Secure Parking +
  • Balcony +
  • Open Plan Lounge/Diner +
  • Two Double Bedrooms +
  • Modern Bathroom Suite +
  • Third Floor +
  • Corner Unit +
  • Close to Metrolink Station +

EWS1 Form In Place - Mortgage Buyers Welcome.

This fantastic corner apartment in Sports City is positioned is easily accessible to the City Centre via road links or the nearby Metrolink Station. There are local conveniences available with a large Asda Superstore adjacent and also the iconic Etihad Stadium. Well presented throughout, the accommodation briefly comprises: entrance hallway, open plan living room with decked balcony, integrated kitchen, master bedroom with fitted wardrobes, second double bedroom and large four piece bathroom suite. Secure Allocated Parking.

Agent Details

Thornley Groves, Manchester Southern Gateway

0161 524 4726

Next Steps?

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