4 Bed Terraced House, Motivated Seller, Manchester, M11 3NU, £310,000

Commonwealth Avenue, Manchester, Greater Manchester, M11 3NU - 2 views - 7 months ago

Sold STC
Leasehold
Motivated
BTL
ROI: 1%
~129 m²
+13 photos

ValuationFair Value

Sold Prices£160K - £415K
Sold Prices/m²£1.6K/m² - £3.8K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.4K/m²

Value Estimate

£308,479

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£77,500

Stamp Duty & Legal Fees

£13,500

Total Cash In

£91,000

 

 

Cash Out

 

Rent Range

£1,350 - £5,000

Rent Estimate

£1,350

Running Costs/mo

£1,259

Cashflow/mo

£91

Cashflow/yr

£1,095

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £160K to £415K, average is £257.5K. £1.6K/m² to £3.8K/m², average is £2.4K/m².

PriceDateDistanceAddressBeds 
£310K10/230.11 mi4, Rylance Street, Manchester, Greater Manchester M11 3NP4
£235K10/230.29 mi9, Doric Close, Manchester, Greater Manchester M11 3QL4
£305K11/230.33 mi26, Metcombe Way, Manchester, Greater Manchester M11 3BY4
£252K11/210.46 mi11, Falconwood Way, Manchester, Greater Manchester M11 3LN4
£198K03/230.52 mi2, Hornsea Walk, Manchester, Greater Manchester M11 3BJ4
£195K06/210.71 mi26, Troutbeck Avenue, Manchester, Greater Manchester M4 7JG4
£260K05/230.75 mi13, Eastfield Avenue, Manchester, Greater Manchester M40 7DP4
£280K12/230.85 mi118, Stockport Road, Manchester, Greater Manchester M13 9DZ4
£290K09/230.85 mi23, Sable Way, Manchester, Greater Manchester M11 4SZ4
£195K10/220.87 mi6, Polygon Avenue, Manchester, Greater Manchester M13 9FX4
£220K12/200.88 mi9, Jevington Walk, Manchester, Greater Manchester M13 9FL4
£310K08/220.96 mi34, Lauderdale Crescent, Manchester, Greater Manchester M13 9DP4
£345K05/240.97 mi12, Aspull Walk, Manchester, Greater Manchester M13 9ER4
£320K07/230.97 mi28, Aspull Walk, Manchester, Greater Manchester M13 9ER4
£310K09/220.98 mi2, Torquay Close, Manchester, Greater Manchester M13 9DJ4
£181.5K11/200.98 mi36, Winstanley Road, Manchester, Greater Manchester M40 7WN4
£297.5K12/220.99 mi9, Hitchen Street, Manchester, Greater Manchester M13 9EZ4
£320K11/221 mi21, Haymarket Street, Manchester, Greater Manchester M13 9JD4
£190K09/231.03 mi36, Bamford Street, Manchester, Greater Manchester M11 4FE4
£205K11/201.05 mi6, Plymouth Grove West, Manchester, Greater Manchester M13 0AG4
£265K06/241.13 mi17, Mull Avenue, Manchester, Greater Manchester M12 4PY4
£200K07/241.19 mi15, Upper West Grove, Manchester, Greater Manchester M13 0BB4
£255K02/211.26 mi47, Hathersage Road, Manchester, Greater Manchester M13 0EJ4
£350K03/231.35 mi1, Peel Grove, Manchester, Greater Manchester M12 4WE4
£300.5K07/211.48 mi52, Scarsdale Road, Manchester, Greater Manchester M14 5PR4
£300K03/241.56 mi24, Meade Grove, Manchester, Greater Manchester M13 0SG4
£180K05/211.57 mi15, Goring Avenue, Manchester, Greater Manchester M18 8WW4
£215K01/211.59 mi77, Cornwall Street, Manchester, Greater Manchester M11 2EN4
£368K02/241.62 mi23, Birch Hall Lane, Manchester, Greater Manchester M13 0XJ4
£331K09/231.62 mi3, Cherry Avenue, Manchester, Greater Manchester M11 2LW4
£160K12/231.65 mi20, Glencastle Road, Manchester, Greater Manchester M18 7QH4
£350K04/211.65 mi94, Conyngham Road, Manchester, Greater Manchester M14 5EA4
£203K03/211.65 mi133, Ogden Lane, Manchester, Greater Manchester M11 2LR4
£335K10/231.66 mi87, Schuster Road, Manchester, Greater Manchester M14 5LX4
£285K01/211.66 mi17, Schuster Road, Rusholme, Manchester, Greater Manchester M14 5LX4
£335K06/211.66 mi150, North Road, Manchester, Greater Manchester M11 4LE4
£321.5K09/221.66 mi46, Paprika Close, Manchester, Greater Manchester M11 2LS4
£295K01/231.67 mi23, Paprika Close, Manchester, Greater Manchester M11 2LS4
£415K06/231.69 mi27, Park Range, Manchester, Greater Manchester M14 5HR4
£232K06/211.71 mi12, Varna Street, Manchester, Greater Manchester M11 1WP4
£210K01/231.72 mi67, Windsor Road, Droylsden, Manchester, Greater Manchester M43 6WB4
£240K11/231.73 mi110, Heald Grove, Manchester, Greater Manchester M14 4AJ4
£250K06/231.73 mi68, Windsor Road, Droylsden, Manchester, Greater Manchester M43 6NB4
£220K06/211.76 mi8, Rusholme Grove, Manchester, Greater Manchester M14 5AR4
£225K03/241.77 mi7, Farrer Road, Manchester, Greater Manchester M13 0QX4
£180K01/231.79 mi3, Elm Grove, Droylsden, Manchester, Greater Manchester M43 6LP4
£205K08/231.8 mi61, Pinnington Road, Manchester, Greater Manchester M18 8NR4
£220K09/211.81 mi207, Northmoor Road, Manchester, Greater Manchester M12 5RU4
£350K08/231.81 mi215, Northmoor Road, Manchester, Greater Manchester M12 5RU4
£165K04/211.81 mi3, Wallace Avenue, Manchester, Greater Manchester M14 5HH4

Local Rents

50 rents from £1.4K/mo to £5K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,40003/240 miCommonwealth Avenue, Manchester, Greater Manchester, M113
£3,50012/240.01 mi-3
£3,50001/250.01 mi-3
£2,40003/250.04 mi-3
£1,35005/240.04 mi-3
£1,35006/240.04 mi-3
£1,35003/250.04 mi-3
£1,45005/240.04 miLloyd Wright Avenue, Manchester, M113
£1,35005/240.04 miLloyd Wright Avenue, Manchester, M113
£1,35005/240.04 miLloyd Wright Avenue, Manchester, M113
£2,50002/250.05 mi-3
£1,60003/250.05 miCommonwealth Avenue, Manchester, M113
£1,45005/240.05 miCommonwealth Avenue, Manchester, Greater Manchester, M113
£3,50005/240.06 mi-3
£3,50012/240.06 mi-3
£1,35005/240.06 miHolly Street, Beswick, Manchester, M113
£1,40005/240.06 mi-3
£1,60005/240.06 miStadium Drive, Manchester, M113
£1,64501/250.07 mi-3
£1,59503/250.07 mi-3
£4,00005/240.08 mi-3
£3,60012/240.08 mi-3
£3,20001/250.08 mi-3
£3,60005/240.08 mi-4
£3,60012/240.08 mi-4
£3,60012/240.08 mi-4
£1,50005/240.08 miOlympic Street, Manchester, Greater Manchester, M113
£1,50005/240.09 miHolly Street, Manchester, M113
£3,60005/240.09 mi-3
£3,50005/240.09 mi-3
£3,60005/240.09 mi-3
£3,60005/240.09 mi-3
£3,60012/240.09 mi-3
£3,60003/250.09 mi-3
£1,45006/240.1 mi-3
£1,45005/240.1 miPaxton Place, Manchester, M113
£1,45006/240.1 miPaxton Place, Manchester, M113
£1,45005/240.1 miRylance Street, Manchester, Greater Manchester, M113
£3,97503/250.1 mi-4
£2,12505/240.11 miOlympic Street, Openshaw, Manchester. M11 3BH4
£5,00012/240.11 mi-3
£4,60001/250.11 mi-3
£2,95003/250.12 mi-3
£1,50002/240.13 mi-3
£2,00003/250.13 mi-3
£1,45005/240.15 miCarbis Avenue, Beswick, Manchester, M113
£1,85006/240.15 mi-3
£1,50005/240.16 mi-3
£1,90005/240.16 miBell Crescent, Manchester4
£1,70012/240.17 mi-3

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

2.32 miles away

Nearest school

0.10 miles away

Nearest train station

0.41 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £310,000

September 18, 2024

Floor Plans

Description

  • Council Tax Band C, Leasehold. 250 years (less 10 days) from 1 Jan 2004 +
  • Ground Rent - £272 per year. Service Charge - £400 per annum +
  • Modern 3 Storey Townhouse +
  • Living Room with Balcony +
  • Three Bedroom with Master En-Suite +
  • Kitchen/Diner +
  • Rear garden +
  • Integral garage & Driveway parking +
  • Popular Beswick Location +
  • Viewing Advised +

This immaculate three story house is the ideal family home. With stunning presentation throughout this property really is one of a kind.
Boasting four bedrooms, three bathrooms and a balcony view.
Viewing is highly recommended

This three storey town house is located in Beswick area of Manchester with close proximity to a range of amenities, schools, shopping facilities, food/drink establishments and more. The area also offers excellent road and transport links for travel both locally and further afield.

The accommodation briefly comprises a welcoming entrance way, a spacious open plan living room, kitchen/diner and ground floor W.C

To the first floor is an inviting landing area through to two well-proportioned bedrooms, the master bedroom having a balcony area and the second bedroom an en-suite.

To the second floor another two good sized bedrooms and shower room.

Externally, the property benefits from a low maintenance garden, a driveway and integral garage are to the front.

This home is an excellent find. We anticipate a high amount of interest and as such we would recommend that any interested buyers inquire to arrange a viewing at the earliest convenience to ensure the opportunity is not missed.

Premium Fast Sale

The innovative Premium Fast Sale Plus method from Springbok Properties is a secure and straightforward way to buy property. It works like a typical sale, with a number of added benefits to the buyer.

Benefits

o Carefully implemented security measures
o A speedy process
o Realistically priced properties
o A Buy it Now option (ask for further information on this feature from our advisors)
o A significantly reduced chance of fall-throughs
o No risk of being "gazumped"
o The full focus of our highly motivated team

Springbok Properties' Premium Fast Sale Plus puts you in the driving seat thanks to our fast and secure methods.

All properties are competitively priced and carefully managed by motivated sellers for a quick, stress-free transaction.

Deposit

Sales can be secured with a reservation deposit of £5,000. This forms part of the final purchase price and is NOT an extra cost.

This deposit ensures that the property is taken off the market as soon as a sale is agreed. It is then exclusively reserved for you, eliminating gazumping, time wasting and financial loss.

An administration fee of £396 is required in order to draw up an exclusive legally binding contract between the buyer and seller. This gives the buyer exclusive rights to purchase within a pre-agreed timeframe.

Exclusivity

Following the payment of the above amount, Springbok Properties will facilitate a fixed exclusivity period (approximately 12 weeks). During this time, surveys should be arranged and preparations made for the exchange of contracts. The property will be reserved, so there will be no risk of gazumping.

Process

Our Premium Fast Sale Plus follows the below process:

STEP 1 - Register your interest
STEP 2 - Prepare your finances for the purchase
STEP 3 - Arrange a viewing
STEP 4 - Make an offer
STEP 5 - Secure your sale using our secure system
STEP 6 - Exchange and complete

Don't miss out on the chance to purchase this property. Call us today for further information and to arrange a viewing.

If you're interested in this property, we urge you to contact us immediately to arrange an early viewing and get the process started. This will help you to avoid missing out on this opportunity.

Springbok Properties' innovative Premium Fast Sale Plus is a secure and straightforward way to buy property.

Please note: to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Please call us now to book an appointment.

We highly recommend early viewing as this property is priced relatively low and is likely to generate quite an interest.

Please call us now to book an appointment.

Call Recording

Please note to ensure the highest level of customer service, all calls may be recorded and monitored for training and quality purposes.

Disclaimer

Springbok Properties for itself and the Vendors or lessors of properties for whom they act give notice that:

The details shown on this website are a general outline for the guidance of intending purchasers, and do not constitute, nor constitute part of, an offer or contract or sales particulars. All descriptions, dimensions, references to condition and other details are given in good faith and are believed to be correct but any intending purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection, searches, survey, enquiries or otherwise as to their correctness. We have not been able to test any of the building service installations and recommend that prospective purchasers arrange for a qualified person to check them before entering into any commitment. Further, any reference to, or use of any part of the properties is not a statement that any necessary planning, building regulations or other consent has been obtained. All photographs shown are indicative and cannot be guaranteed to represent the complete interior scheme or items included in the sale. No person in our employment has any authority to make or give any representation or warranty whatsoever in relation to this property.

TENURE

To be confirmed by the Vendor's Solicitors

Note

The price given is a marketing price and not an indication of the property's market value. The vendor like any seller is looking to achieve the maximum price possible. Hence, by making an enquiry on this property, you recognise and understand that this property is strictly offers in excess of the marketing price provided.

How to View this Property

Viewing is strictly by appointment please call us now for bookings.

AML REGULATIONS & PROOF OF FUNDING: Any proposed purchasers will be asked to provide identification and proof of funding before any offer is accepted. We would appreciate your co-operation with this to ensure there are no delays in agreeing the sale.

Agent Details

Springbok Properties, Nationwide

0161 416 6302

Next Steps?

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