2 Bed Flat, Single Let, Manchester, M14 6RZ, £175,000

Kingswood Road, Ladybarn, M14 6RZ - 6 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~58 m²
+6 photos

ValuationOvervalued

Sold Prices£70K - £450K
Sold Prices/m²£1.7K/m² - £3.4K/m²

 

 

Square Metres

~58.40 m²
Price/m²£3K/m²

Value Estimate

£156,119

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£10,950

Total Cash In

£54,700

 

 

Cash Out

 

Rent Range

£650 - £2,600

Rent Estimate

£980

Running Costs/mo

£763

Cashflow/mo

£217

Cashflow/yr

£2,606

ROI

5%

Gross Yield

7%

Local Sold Prices

40 sold prices from £70K to £450K, average is £147.3K. £1.7K/m² to £3.4K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£130.5K03/210.29 miFlat 3, Lees Hall Court, Lees Hall Crescent, Manchester, Greater Manchester M14 6YP2
£129K05/230.4 miFlat 7, Delamere House, Brook Road, Manchester, Greater Manchester M14 6UJ2
£71.5K10/200.41 miFlat 232, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£85K09/220.41 miFlat 231, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£80K03/210.41 miFlat 238, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£70K03/230.42 miFlat 246, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£155K12/200.48 miFlat 4, Willow Court, Willow Bank, Manchester, Greater Manchester M14 6XP2
£202K12/220.51 mi30, Willow Bank, Manchester, Greater Manchester M14 6XT2
£213K10/210.51 mi32, Willow Bank, Manchester, Greater Manchester M14 6XT2
£135.5K01/210.52 mi14 Agnes Court, Wilmslow Road, Manchester, Greater Manchester M14 6AJ2
£142K10/210.52 mi146a, Burnage Lane, Manchester, Greater Manchester M19 1EF2
£168K01/230.53 mi22, Whimberry Way, Withington, Manchester, Greater Manchester M20 4SG2
£75K02/230.53 mi5, Moorton Avenue, Manchester, Greater Manchester M19 2NQ2
£147.5K12/200.55 mi93, Parrs Wood Road, Manchester, Greater Manchester M20 4SH2
£152.5K12/200.55 mi51, Parrs Wood Road, Manchester, Greater Manchester M20 4SH2
£191K12/220.57 mi72, Briarfield Road, Manchester, Greater Manchester M20 4SS2
£115K03/210.59 mi1a, Avon Road, Manchester, Greater Manchester M19 1HP2
£176.6K02/230.63 mi20, Gwynant Place, Manchester, Greater Manchester M20 4AE2
£147K09/210.66 mi66, Chervil Close, Manchester, Greater Manchester M14 7DP2
£162K08/230.66 mi66, Chervil Close, Manchester, Greater Manchester M14 7DP2
£149.9K06/230.66 mi10, Chervil Close, Manchester, Greater Manchester M14 7DP2
£131K05/210.66 mi74, Chervil Close, Manchester, Greater Manchester M14 7DP2
£188K09/230.71 mi145, Parrs Wood Road, Manchester, Greater Manchester M20 4RS2
£103K01/210.71 mi77, Broadlea Road, Manchester, Greater Manchester M19 1EG2
£155K10/210.77 miFlat 65, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£125K06/230.77 miFlat 12, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£168.8K11/220.77 miFlat 26, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£187.5K12/220.77 miFlat 18, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£450K07/210.77 mi1, Parsonage Road, Manchester, Greater Manchester M20 4PB2
£185K12/220.77 miFlat 46, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£203K12/220.78 miFlat 68, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£165K05/210.8 miFlat 95, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HG2
£169K12/200.81 mi50, Strathblane Close, Manchester, Greater Manchester M20 3FZ2
£130K03/230.83 miFlat 4, Park Lodge, Park Avenue, Levenshulme, Manchester, Greater Manchester M19 2EE2
£250K12/220.83 miFlat 56, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HY2
£128K08/210.84 mi9, Alston Gardens, Manchester, Greater Manchester M19 1DW2
£123K03/230.91 miFlat 28, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£135K04/220.92 miFlat 36, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£113K01/230.98 mi22, Kinderton Avenue, Manchester, Greater Manchester M20 1AL2
£128K08/220.99 mi15, Oakland Avenue, Manchester, Greater Manchester M19 1LB2

Local Rents

50 rents from £650/mo to £2.6K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.09 mi-2
£1,30002/250.09 mi-2
£1,15006/240.13 miShippey Street, Ladybarn, M142
£1,15005/240.14 miBeverly Road, Fallowfield, M142
£1,15005/240.14 miBeverly Road, Fallowfield2
£1,15012/240.18 mi-2
£1,15005/240.18 miThorn Grove, Manchester, M142
£1,15005/240.18 miThorn Grove, Manchester, M142
£1,10005/240.19 miDerby Road, Fallowfield, M142
£1,56505/240.19 miColwyn Avenue, Fallowfield, Manchester, M142
£2,60005/240.2 miEgerton, Manchester M14 6UZ2
£1,30001/250.21 mi-2
£1,05005/240.21 miBrailsford Road, Fallowfield, Manchester2
£1,20012/240.21 mi-2
£1,20002/250.21 mi-2
£1,54505/240.22 miBrailsford Road, Fallowfield, Manchester, M142
£97105/240.22 miEgerton Road, Manchester M14 6NQ2
£1,20003/250.22 mi-2
£1,15012/240.22 mi-2
£1,00005/240.23 miLadybarn Lane, Fallowfield, Manchester, M142
£1,25012/240.23 mi-2
£1,19505/240.23 mi-2
£65005/240.23 miEgerton Road, Manchester, 2
£1,02305/240.23 miEgerton Road, 2 Bed, Fallowfield, Manchester2
£1,25005/240.23 mi28 Ladybarn Lane, Fallowfield, Manchester, Greater Manchester, M142
£1,20005/240.23 miLadybarn Court, Ladybarn Lane, Fallowfield, Manchester, M142
£1,25005/240.23 miLadybarn Lane , Fallowfield2
£1,19501/250.24 mi-2
£1,19503/250.24 mi-2
£99503/250.24 mi-2
£99503/250.24 mi-2
£1,12705/240.24 miBalmoral Road, Fallowfield, Manchester, M142
£1,12705/240.24 miBalmoral Road, Fallowfield, Manchester, M142
£99503/250.24 mi-2
£99506/240.25 miEgerton Road, Manchester, M142
£1,54505/240.25 miBrailsford Road, Fallowfield, Manchester, M142
£1,05005/240.25 miLadybarn Lane, Manchester, M142
£99705/240.26 miEgerton Road, Fallowfield, Manchester2
£97105/240.26 miEgerton Road, Fallowfield, Manchester2
£1,00005/240.26 miBrailsford Road, Fallowfield, M142
£1,20003/240.26 mi4 Egerton Road, Fallowfield. M14 6YB2
£1,10012/240.26 mi-2
£1,10005/240.26 miMauldeth Road, Manchester, Greater Manchester, M142
£1,05005/240.27 miBooth Avenue, Manchester, M142
£99903/240.27 miBrook Road, Manchester, M14 6UE2
£1,02512/240.27 mi-2
£1,02503/240.29 miLees Hall Crescent, Manchester, Greater Manchester, M142
£2,00005/240.31 miLadybarn Road, Manchester, M14 6WN2
£1,13005/240.31 miLadybarn Road, Manchester, Greater Manchester, M142
£1,49505/240.31 miLadybarn Road, Manchester, M14 6WN2

Local Area Statistics

Population in M14

52,853

Population in Manchester

920,095

Town centre distance

2.02 miles away

Nearest school

0.30 miles away

Nearest train station

0.31 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Price changed to £175,000

January 7, 2025

Listed for £185,000

September 23, 2024

Floor Plans

Description

  • Two double bedroom +
  • First floor +
  • Large private garden +
  • Gas central heating +
  • Double glazed throughout +
  • Ideal first time purchase +
  • Close to amenities +
  • No chain +

A particularly well presented, first floor, two double bedroom apartment being set back from a quiet residential road in Fallowfield with good sized gardens and easy access to Withington Village and Manchester City Centre. The living space is warmed by gas fired central heating, which is further complemented by uPVC double glazing and in outline comprises:- Ground floor entrance hall, first floor landing area, living room, modern dining kitchen, two double bedrooms and bathroom. Externally, there is a good sized garden to the side of property, with a further, fully enclosed lawned garden to the rear.

Agent Details

Jordan Fishwick, Didsbury

0161 524 8937

Next Steps?

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