3 Bed Semi-Detached House, Planning Permission, Manchester, M40 1QW, £270,000
ValuationOvervalued
| Sold Prices | £124K - £340K |
| Sold Prices/m² | £1K/m² - £4K/m² |
| |
Square Metres | 80 m² |
| Price/m² | £3.4K/m² |
Value Estimate | £171,824£171,824 |
| |
End Value (After Refurb) | £235,000£235,000 |
Investment Opportunity
Cash In | |
Purchase Finance | Bridging LoanBridging Loan |
Deposit (25%) | £67,500£67,500 |
Stamp Duty & Legal Fees | £10,300£10,300 |
Refurb Costs | £33,827£33,827 |
Bridging Loan Interest | £7,088£7,088 |
Total Cash In | £120,465£120,465 |
| |
Cash Out | |
Monetisation | FlipRefinance & RentRefinance & Rent |
Revaluation | £235,000£235,000 |
Mortgage (After Refinance) | £176,250£176,250 |
Mortgage LTV | 75%75% |
Cash Left In | £120,465£120,465 |
Equity | £58,750£58,750 |
Rent Range | £795 - £3,534£795 - £3,534 |
Rent Estimate | £1,767 |
Running Costs/mo | £1,108£1,108 |
Cashflow/mo | £659£659 |
Cashflow/yr | £7,911£7,911 |
ROI | 7%7% |
Gross Yield | 8%8% |
Local Sold Prices
50 sold prices from £124K to £340K, average is £190K. £1K/m² to £4K/m², average is £2.1K/m².
| Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
| £151K | 06/21 | 0.04 mi | 59a, Graver Lane, Manchester, Greater Manchester M40 1GQ | £1,987 | 76 | 3 | Detached House | |
| £280K | 01/23 | 0.04 mi | 73, Graver Lane, Manchester, Greater Manchester M40 1GQ | £2,353 | 119 | 3 | Semi-Detached House | |
| £180K | 11/20 | 0.04 mi | 1, Elsma Road, Manchester, Greater Manchester M40 1QG | £1,856 | 97 | 3 | Terraced House | |
| £235K | 06/22 | 0.04 mi | 66, Graver Lane, Manchester, Greater Manchester M40 1QW | £3,406 | 69 | 3 | Detached House | |
| £210K | 08/23 | 0.05 mi | 10, Windsor Street, Newton Heath, Manchester, Greater Manchester M40 1GU | £1,963 | 107 | 3 | Semi-Detached House | |
| £157K | 06/21 | 0.07 mi | 43, Ashfield Drive, Manchester, Greater Manchester M40 1WJ | £2,354 | 67 | 3 | Semi-Detached House | |
| £227K | 06/23 | 0.07 mi | 16, Ingham Street, Manchester, Greater Manchester M40 1GW | £2,389 | 95 | 3 | Terraced House | |
| £185K | 04/21 | 0.07 mi | 24, Ingham Street, Manchester, Greater Manchester M40 1GW | - | - | 3 | Terraced House | |
| £230K | 05/23 | 0.07 mi | 2, Court Drive, Manchester, Greater Manchester M40 1QX | £3,182 | 72 | 3 | Terraced House | |
| £124K | 11/20 | 0.09 mi | 2, Holyrood Street, Manchester, Greater Manchester M40 1QP | £1,550 | 80 | 3 | Terraced House | |
| £151.3K | 12/22 | 0.12 mi | 41, Derbyshire Road, Manchester, Greater Manchester M40 1QN | £1,441 | 105 | 3 | Terraced House | |
| £189K | 05/21 | 0.12 mi | 41, Derbyshire Road, Manchester, Greater Manchester M40 1QN | £1,800 | 105 | 3 | Terraced House | |
| £245K | 07/23 | 0.12 mi | 22, Derbyshire Road, Manchester, Greater Manchester M40 1QN | £3,025 | 81 | 3 | Semi-Detached House | |
| £233.5K | 11/22 | 0.14 mi | 1, Greenwich Close, Manchester, Greater Manchester M40 1NH | - | - | 3 | Terraced House | |
| £176K | 02/23 | 0.15 mi | 14, Marguerita Road, Manchester, Greater Manchester M40 1QJ | - | - | 3 | Semi-Detached House | |
| £180K | 06/21 | 0.15 mi | 10, Graver Lane, Manchester, Greater Manchester M40 1QL | £1,782 | 101 | 3 | Semi-Detached House | |
| £190K | 12/20 | 0.15 mi | 4, Greenwich Close, Manchester, Greater Manchester M40 1NH | £2,184 | 87 | 3 | Semi-Detached House | |
| £192K | 01/23 | 0.17 mi | 14, Shaldon Drive, Manchester, Greater Manchester M40 1GS | - | - | 3 | Semi-Detached House | |
| £220K | 04/23 | 0.17 mi | 22, Assheton Crescent, Manchester, Greater Manchester M40 1NN | £3,099 | 71 | 3 | Semi-Detached House | |
| £200K | 10/23 | 0.17 mi | 45, Berry Brow, Manchester, Greater Manchester M40 1GR | - | - | 3 | Semi-Detached House | |
| £190K | 12/20 | 0.18 mi | 3, Carnwood Close, Manchester, Greater Manchester M40 1RJ | £2,346 | 81 | 3 | Semi-Detached House | |
| £210K | 12/20 | 0.18 mi | 1, Brookdale Avenue, Manchester, Greater Manchester M40 1GH | £2,258 | 93 | 3 | Semi-Detached House | |
| £169.9K | 08/21 | 0.19 mi | 60, Assheton Road, Manchester, Greater Manchester M40 1NL | £2,266 | 75 | 3 | Semi-Detached House | |
| £240K | 12/23 | 0.21 mi | 47, Stansfield Street, Manchester, Greater Manchester M40 1NF | £2,759 | 87 | 3 | Semi-Detached House | |
| £190K | 12/20 | 0.22 mi | 22, Sparth Road, Manchester, Greater Manchester M40 1QH | £2,184 | 87 | 3 | Semi-Detached House | |
| £340K | 01/23 | 0.23 mi | 20, Sparth Road, Manchester, Greater Manchester M40 1QH | £4,000 | 85 | 3 | Semi-Detached House | |
| £205K | 03/23 | 0.24 mi | 22, Hulmes Road, Failsworth, Manchester, Greater Manchester M35 0PL | - | - | 3 | Semi-Detached House | |
| £160K | 05/21 | 0.25 mi | 11, Hulmes Road, Failsworth, Manchester, Greater Manchester M35 0QX | £2,105 | 76 | 3 | Semi-Detached House | |
| £156K | 06/21 | 0.26 mi | 5, Alminstone Close, Manchester, Greater Manchester M40 1PR | £1,753 | 89 | 3 | Terraced House | |
| £165.6K | 01/21 | 0.28 mi | 2, Assheton Road, Manchester, Greater Manchester M40 1NB | £1,003 | 165 | 3 | Terraced House | |
| £132K | 10/20 | 0.3 mi | 43, Terence Street, Manchester, Greater Manchester M40 1QD | £1,784 | 74 | 3 | Semi-Detached House | |
| £165K | 11/20 | 0.3 mi | 173, Culcheth Lane, Manchester, Greater Manchester M40 1WB | £1,473 | 112 | 3 | Terraced House | |
| £235K | 08/21 | 0.3 mi | 22, Newton Road, Failsworth, Manchester, Greater Manchester M35 0PH | £2,798 | 84 | 3 | Semi-Detached House | |
| £195K | 07/21 | 0.31 mi | 3, Mount Terrace, Droylsden, Manchester, Greater Manchester M43 7SR | - | - | 3 | Terraced House | |
| £257K | 11/22 | 0.32 mi | 3, Sutton Drive, Droylsden, Manchester, Greater Manchester M43 7RX | - | - | 3 | Detached House | |
| £270K | 08/23 | 0.33 mi | 286, Lord Lane, Failsworth, Manchester, Greater Manchester M35 0PG | - | - | 3 | Semi-Detached House | |
| £170K | 09/20 | 0.34 mi | 15, Bradshaw Avenue, Failsworth, Manchester, Greater Manchester M35 0JY | £2,394 | 71 | 3 | Detached House | |
| £190K | 08/21 | 0.35 mi | 275, Lord Lane, Failsworth, Manchester, Greater Manchester M35 0PQ | £2,115 | 90 | 3 | Semi-Detached House | |
| £149.3K | 01/21 | 0.35 mi | 299, Lord Lane, Failsworth, Manchester, Greater Manchester M35 0PQ | £1,843 | 81 | 3 | Semi-Detached House | |
| £220K | 07/23 | 0.35 mi | 10, Grove Avenue, Failsworth, Manchester, Greater Manchester M35 0JU | - | - | 3 | Semi-Detached House | |
| £265K | 04/23 | 0.35 mi | 5, Grove Avenue, Failsworth, Manchester, Greater Manchester M35 0JU | £2,690 | 99 | 3 | Semi-Detached House | |
| £215K | 09/23 | 0.36 mi | 16, Summerfield Avenue, Droylsden, Manchester, Greater Manchester M43 7RT | - | - | 3 | Terraced House | |
| £220K | 03/23 | 0.37 mi | 109, Miriam Street, Failsworth, Manchester, Greater Manchester M35 0JZ | - | - | 3 | Semi-Detached House | |
| £138K | 02/21 | 0.37 mi | 86, Miriam Street, Failsworth, Manchester, Greater Manchester M35 0JZ | - | - | 3 | Semi-Detached House | |
| £150K | 12/20 | 0.37 mi | 52, Miriam Street, Failsworth, Manchester, Greater Manchester M35 0JZ | £1,807 | 83 | 3 | Semi-Detached House | |
| £157K | 02/23 | 0.38 mi | 16, Ballantine Street, Manchester, Greater Manchester M40 1RT | £2,013 | 78 | 3 | Terraced House | |
| £195K | 02/23 | 0.39 mi | 21, Verona Drive, Manchester, Greater Manchester M40 2RL | - | - | 3 | Terraced House | |
| £160K | 06/21 | 0.39 mi | 10, Verona Drive, Manchester, Greater Manchester M40 2RL | £1,667 | 96 | 3 | Terraced House | |
| £133.2K | 05/21 | 0.42 mi | 77, Farm Street, Failsworth, Manchester, Greater Manchester M35 0JT | £2,019 | 66 | 3 | Semi-Detached House | |
| £290K | 09/21 | 0.42 mi | 3, Lowfield Avenue, Droylsden, Manchester, Greater Manchester M43 7SG | - | - | 3 | Detached House |
Local Rents
50 rents from £795/mo to £3.5K/mo, average is £1.3K/mo.
| Rent | Date | Distance | Address | Beds | Type | |
| £1,150 | 01/24 | 0.05 mi | - | 3 | Terraced House | |
| £795 | 05/24 | 0.06 mi | - | 3 | Flat | |
| £1,100 | 03/25 | 0.07 mi | - | 3 | Semi-Detached House | |
| £1,195 | 05/24 | 0.08 mi | Assheton Road, Newton Heath, Manchester, M40 1NJ | 3 | Detached House | |
| £1,300 | 08/24 | 0.09 mi | - | 3 | Terraced House | |
| £1,300 | 08/24 | 0.09 mi | Derbyshire Road, Manchester, M40 | 3 | Terraced House | |
| £1,340 | 01/25 | 0.14 mi | - | 3 | Semi-Detached House | |
| £1,430 | 12/24 | 0.14 mi | - | 3 | Semi-Detached House | |
| £1,200 | 05/24 | 0.16 mi | Assheton Road, Newton Heath, Manchester | 3 | Flat | |
| £1,295 | 09/24 | 0.18 mi | - | 3 | Semi-Detached House | |
| £1,295 | 08/24 | 0.18 mi | Assheton Road, Manchester, M40 | 3 | Semi-Detached House | |
| £1,200 | 07/24 | 0.2 mi | - | 3 | Semi-Detached House | |
| £1,300 | 07/24 | 0.2 mi | Woodlands, Failsworth, Manchester, M35 | 3 | Semi-Detached House | |
| £1,150 | 05/24 | 0.22 mi | Woodlands, Failsworth | 3 | Detached House | |
| £1,500 | 09/24 | 0.25 mi | - | 3 | Semi-Detached House | |
| £1,200 | 03/25 | 0.25 mi | - | 3 | Terraced House | |
| £1,200 | 05/24 | 0.29 mi | - | 3 | Terraced House | |
| £1,495 | 05/24 | 0.31 mi | - | 3 | Terraced House | |
| £1,495 | 05/24 | 0.31 mi | Culcheth Lane, Manchester, M40 | 3 | Terraced House | |
| £1,200 | 05/24 | 0.31 mi | Lord Lane, Failsworth, Manchester | 3 | Semi-Detached House | |
| £1,150 | 05/24 | 0.32 mi | Lord Lane, Failsworth | 3 | Detached House | |
| £1,225 | 03/25 | 0.4 mi | - | 3 | Terraced House | |
| £1,250 | 05/24 | 0.42 mi | - | 3 | Semi-Detached House | |
| £1,250 | 03/25 | 0.42 mi | - | 3 | Semi-Detached House | |
| £1,300 | 08/24 | 0.43 mi | Peakdale Road, Droylsden, M43 | 3 | Semi-Detached House | |
| £1,350 | 07/24 | 0.43 mi | Frank Birchall Close, Manchester | 3 | Semi-Detached House | |
| £1,450 | 05/24 | 0.43 mi | Greenside Lane, Manchester, Greater Manchester, M43 | 3 | Detached House | |
| £1,200 | 08/24 | 0.43 mi | Briarwood Avenue, Droylsden, Manchester, M43 | 3 | Terraced House | |
| £1,150 | 12/24 | 0.44 mi | - | 3 | Terraced House | |
| £1,050 | 05/24 | 0.44 mi | St. Kildas Avenue, Droylsden, Manchester, M43 | 3 | Semi-Detached House | |
| £1,050 | 06/24 | 0.44 mi | St. Kildas Avenue, Droylsden, Manchester, M43 | 3 | Semi-Detached House | |
| £1,050 | 06/24 | 0.44 mi | - | 3 | Semi-Detached House | |
| £1,300 | 01/25 | 0.45 mi | - | 3 | Semi-Detached House | |
| £1,300 | 02/24 | 0.45 mi | - | 3 | Detached House | |
| £1,150 | 12/24 | 0.46 mi | - | 3 | Semi-Detached House | |
| £2,800 | 06/24 | 0.46 mi | - | 3 | Semi-Detached House | |
| £2,600 | 02/25 | 0.46 mi | - | 3 | Semi-Detached House | |
| £1,440 | 05/24 | 0.47 mi | - | 3 | Semi-Detached House | |
| £1,200 | 03/25 | 0.48 mi | - | 3 | Semi-Detached House | |
| £1,295 | 07/24 | 0.5 mi | Lydgate Road, Droylsden, Manchester, M43 | 3 | Detached House | |
| £900 | 05/24 | 0.5 mi | - | 3 | Terraced House | |
| £900 | 05/24 | 0.5 mi | Droylsden Road, Manchester, M40 | 3 | Terraced House | |
| £1,200 | 07/24 | 0.51 mi | Loring Street, M40 | 3 | Terraced House | |
| £1,300 | 09/24 | 0.51 mi | Somerset Road, Manchester | 3 | Terraced House | |
| £3,534 | 05/24 | 0.51 mi | - | 3 | Semi-Detached House | |
| £3,534 | 02/24 | 0.51 mi | - | 3 | Semi-Detached House | |
| £3,460 | 02/24 | 0.51 mi | - | 3 | Semi-Detached House | |
| £3,460 | 06/24 | 0.51 mi | - | 3 | Semi-Detached House | |
| £3,534 | 06/24 | 0.51 mi | - | 3 | Semi-Detached House | |
| £3,460 | 05/24 | 0.51 mi | - | 3 | Semi-Detached House |
Local Area Statistics
Population in M40 | 40,88840,888 |
Population in Manchester | 920,095920,095 |
Town centre distance | 4.38 miles away4.38 miles away |
Nearest school | 0.30 miles away0.30 miles away |
Nearest train station | 0.97 miles away0.97 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +28%+28% |
Sales demand | Seller's marketSeller's market |
Capital growth (5yrs) | +73%+73% |
Property History
Listed for £270,000
September 10, 2024
Sold for £77,000
2002
Floor Plans
Description
- EXTENDED MODERN HOME +
- THREE BEDROOMS +
- OFF ROAD PARKING +
- GARAGE +
- GARDENS FRONT AND REAR +
- IDEAL FAMILY HOME +
- COUNCIL TAX BAND: B +
- PLANNING APPROVAL TO EXTEND FURTHER +
- GREAT LOCATION +
*EXTENDED*THREE BEDROOMS***SEMI DETACHED***GREAT FAMILY HOME***OFF ROAD PARKING***GARAGE/CARPORT***POPULAR LOCATION*** Cousins Estate Agents are delighted to present this spacious three-bedroom extended semi-detached family home, ideally situated in the sought-after area of Clayton Bridge, Manchester.
This well-designed property features a ground floor extension that creates a light and airy living space. The accommodation includes an entrance vestibule, front living room, and large, modern open-plan kitchen/diner with an additional family area. This unique living zone boasts a raised ceiling with skylights, filling the space with natural light; French doors lead to a neatly paved rear garden, complete with potted plants, a garden shed/workshop, and a lovely green outlook.
Upstairs, you'll find three well-proportioned bedrooms and a contemporary family bathroom. The front of the property offers ample off-road parking, with a side garage/carport featuring an electric door. Planning permission has already been granted for further side extension, offering even more potential.
Conveniently located near local shops, schools, and amenities, this home also benefits from excellent public transport links, including the Metrolink to Manchester City Centre and surrounding areas. Additionally, it's within walking distance of Brookdale Park and Clayton Vale, perfect for outdoor activities and family time.
Vestibule -
Living Room - 4.93 x 4.39 (16'2" x 14'4") -
Sitting Room - 4.39 x 2.60 (14'4" x 8'6") -
Kitchen/Dining Space - 5.67 x 2.99 (18'7" x 9'9") -
Lean Too - 2.99 x 108 (9'9" x 354'3") -
Bedroom One - 3.95 x 3.53 (12'11" x 11'6") -
Bedroom Two - 3.53 x 2.68 (11'6" x 8'9") -
Bedroom Three - 3.10 x 1.62 (10'2" x 5'3") -
Bathroom - 1.93 x 1.70 (6'3" x 5'6") -
Garage/Carport - 8.04 x 2.36 (26'4" x 7'8") -
Tenure - LEASEHOLD
GROUND RENT: £30 per annum
POSSIBILITY TO PURCHASE FREEHOLD
Planning - PLANNING APPROVAL HAS BEEN GIVEN FOR A FURTHER EXTENSION.
FURTHER DETAILS ON THE MANCHESTER PLANNING PORTAL Reference: 098431/FH/2012/N1