2 Bed Terraced House, Single Let, Manchester, M30 8AZ, £175,000

109 Parrin Lane, Eccles, Manchester, M30 8AZ - 1 views - 7 months ago

Sold STC
BTL
ROI: 2%
~95 m²
+8 photos

ValuationUndervalued

Sold Prices£110K - £296.4K
Sold Prices/m²£1.2K/m² - £5.3K/m²

 

 

Square Metres

~94.80 m²
Price/m²£1.8K/m²

Value Estimate

£211,750
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£6,450

Total Cash In

£50,200

 

 

Cash Out

 

Rent Range

£800 - £2,728

Rent Estimate

£800

Running Costs/mo

£727

Cashflow/mo

£73

Cashflow/yr

£878

ROI

2%

Gross Yield

5%

Local Sold Prices

50 sold prices from £110K to £296.4K, average is £190K. £1.2K/m² to £5.3K/m², average is £2.8K/m².

PriceDateDistanceAddressBeds 
£152.5K12/200.04 mi92, Anson Street, Eccles, Manchester, Greater Manchester M30 8HB2
£165K12/230.04 mi98, Anson Street, Eccles, Manchester, Greater Manchester M30 8HB2
£175K01/240.04 mi100, Anson Street, Eccles, Manchester, Greater Manchester M30 8HB2
£206K12/220.06 mi140, Anson Street, Eccles, Manchester, Greater Manchester M30 8HD2
£221K02/230.1 mi2, Bradgreen Road, Eccles, Manchester, Greater Manchester M30 8BZ2
£195K02/210.1 mi5, Bradgreen Road, Eccles, Manchester, Greater Manchester M30 8BZ2
£180K08/210.14 mi31, Montonfields Road, Eccles, Manchester, Greater Manchester M30 8AW2
£235K06/210.14 mi33, Montonfields Road, Eccles, Manchester, Greater Manchester M30 8AW2
£229K07/240.17 mi172, Anson Street, Eccles, Manchester, Greater Manchester M30 8HH2
£210K12/200.17 mi58, Montonmill Gardens, Eccles, Manchester, Greater Manchester M30 8BG2
£159K01/210.17 mi16, Montonmill Gardens, Eccles, Manchester, Greater Manchester M30 8BG2
£185K10/200.17 mi18, Montonmill Gardens, Eccles, Manchester, Greater Manchester M30 8BG2
£158K03/210.22 mi13, Gee Lane, Eccles, Manchester, Greater Manchester M30 8WH2
£183K08/210.23 mi245, Worsley Road, Eccles, Manchester, Greater Manchester M30 8BW2
£164K12/220.25 mi28, Catherine Street, Eccles, Manchester, Greater Manchester M30 8JB2
£207K07/230.27 mi185, Worsley Road, Eccles, Manchester, Greater Manchester M30 8BP2
£185K02/240.27 mi20, Catherine Street, Eccles, Manchester, Greater Manchester M30 8JB2
£210K11/200.27 mi34, Woodford Avenue, Eccles, Manchester, Greater Manchester M30 8WF2
£190K10/200.27 mi45, Lulworth Road, Eccles, Manchester, Greater Manchester M30 8WP2
£230K06/230.29 mi9, Sutherland Street, Eccles, Manchester, Greater Manchester M30 8BR2
£129K12/200.33 mi369, Worsley Road, Eccles, Manchester, Greater Manchester M30 8HU2
£183K01/210.33 mi389, Worsley Road, Eccles, Manchester, Greater Manchester M30 8HU2
£160K04/210.33 mi379, Worsley Road, Eccles, Manchester, Greater Manchester M30 8HU2
£157K02/210.35 mi9, Kearsley Street, Eccles, Manchester, Greater Manchester M30 8NU2
£196K03/210.36 mi6, Bromsgrove Avenue, Eccles, Manchester, Greater Manchester M30 8WB2
£154K07/230.38 mi482, Worsley Road, Eccles, Manchester, Greater Manchester M30 8HQ2
£155K08/210.38 mi404, Worsley Road, Eccles, Manchester, Greater Manchester M30 8HQ2
£110K04/210.39 mi434, Worsley Road, Eccles, Manchester, Greater Manchester M30 8HQ2
£180K01/230.42 mi474, Worsley Road, Eccles, Manchester, Greater Manchester M30 8HQ2
£220K01/210.43 mi39, Algernon Street, Eccles, Manchester, Greater Manchester M30 9PG2
£280K08/230.45 mi22, Francis Street, Eccles, Manchester, Greater Manchester M30 9PR2
£141K01/210.45 mi10, Annisdale Close, Eccles, Manchester, Greater Manchester M30 8NG2
£190K03/240.46 mi5, Cambell Road, Eccles, Manchester, Greater Manchester M30 8LZ2
£155.5K11/200.47 mi6, Brodie Close, Eccles, Manchester, Greater Manchester M30 8LQ2
£235K09/230.49 mi56, Lansdowne Road, Eccles, Manchester, Greater Manchester M30 9PE2
£157K03/210.5 mi7, Corran Close, Eccles, Manchester, Greater Manchester M30 8LP2
£241.5K09/210.51 mi18, Lansdowne Road, Eccles, Manchester, Greater Manchester M30 9PF2
£252.7K10/230.51 mi50, Lansdowne Road, Eccles, Manchester, Greater Manchester M30 9PF2
£296.4K08/230.51 mi44, Lansdowne Road, Eccles, Manchester, Greater Manchester M30 9PF2
£286K12/230.54 mi13, Lansdowne Road, Eccles, Manchester, Greater Manchester M30 9PA2
£250K01/230.55 mi4, Belmont Street, Eccles, Manchester, Greater Manchester M30 9NZ2
£235K02/210.56 mi14, Belmont Street, Eccles, Manchester, Greater Manchester M30 9NZ2
£246K10/210.56 mi7, Belmont Street, Eccles, Manchester, Greater Manchester M30 9NZ2
£280K10/230.56 mi10, Belmont Street, Eccles, Manchester, Greater Manchester M30 9NZ2
£235K11/230.56 mi35, Waterslea, Eccles, Manchester, Greater Manchester M30 0SR2
£275.5K08/230.56 mi151, Monton Road, Eccles, Manchester, Greater Manchester M30 9GS2
£261.7K12/220.57 mi21, Dalton Street, Eccles, Manchester, Greater Manchester M30 9PB2
£154K08/210.57 mi3, Queen Victoria Street, Eccles, Manchester, Greater Manchester M30 0RE2
£145K04/210.58 mi119, Cromwell Road, Eccles, Manchester, Greater Manchester M30 0RB2
£148K04/230.58 mi160, Cromwell Road, Eccles, Manchester, Greater Manchester M30 0RB2

Local Rents

28 rents from £800/mo to £2.7K/mo, average is £998/mo.

RentDateDistanceAddressBeds 
£95012/240.04 miAnson Street, Eccles, Manchester, M302
£1,00005/240.05 miAnson Street, Eccles2
£1,29512/240.11 mi-2
£1,05012/240.11 mi-2
£99501/250.11 mi-2
£94003/250.17 mi-2
£1,30003/250.21 mi-2
£89512/240.29 mi-2
£89512/240.32 miWorsley Road, Eccles, Greater Manchester2
£1,20004/250.32 mi-2
£1,19512/240.33 miWorsley Road, Eccles, Manchester, Greater Manchester, M302
£1,10012/240.41 mi-2
£82512/240.46 mi-2
£1,28002/250.46 mi-2
£2,72812/240.49 mi-2
£1,09512/240.5 miLansdowne Road, Monton2
£1,05001/250.51 mi-2
£1,10012/240.54 mi-2
£1,10004/250.54 mi-2
£80001/240.55 mi-2
£80005/240.55 mi-2
£87512/240.58 miApartment at Monton Green, Monton, Manchester2
£85005/240.6 miClifton House, Monton2
£1,08504/250.6 mi-2
£90005/240.6 mi2A Police Street, Eccles, Manchester, M302
£80012/240.61 mi-2
£87512/240.61 miWinifred Street, Eccles, Manchester, M302
£85004/240.62 mi-2

Local Area Statistics

Population in M30

36,165

Population in Manchester

920,095

Town centre distance

5.26 miles away

Nearest school

0.20 miles away

Nearest train station

0.49 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+3%

Sales demand

Seller's market

Capital growth (5yrs)

+56%

Property History

Listed for £175,000

September 24, 2024

Floor Plans

Description

  • NO VENDOR CHAIN! +
  • ADD YOUR OWN STAMP! +
  • Two double bedroom period terrace +
  • Porch and hallway +
  • Bay-fronted lounge +
  • Dining room +
  • Fitted kitchen +
  • Fitted bathroom +
  • Garden to rear +
  • Parking with car port to the rear +

NO VENDOR CHAIN! ADD YOUR OWN STAMP! CAR PORT TO THE REAR! HOME ESTATE AGENTS are pleased to be instructed to offer this good size, two double bedroom terrace property. Within a short walk to the desirable Monton Road with its shops, bars and ever improving amenities the property is well positioned. The property, which offers the opportunity to create your dream property, comprises porch, hallway, bay-fronted lounge, dining room, fitted kitchen, shaped landing, two DOUBLE bedrooms and a fitted bathroom. The property boasts gas central heating and double glazing. Externally there is a paved palisade to the front whilst to the rear there is a garden with access to the rear parking space and car port. Ideally offered with NO VENDOR CHAIN! Call HOME On to arrange your viewing!

Porch - 1.02m x 0.94m (3'4 x 3'1) -

Hallway - 4.29m x 0.94m (14'1 x 3'1) -

Lounge - 4.47m x 3.28m (14'8 x 10'9) -

Dining Room - 4.37m x 3.53m (14'4 x 11'7) -

Kitchen - 3.25m x 2.77m (10'8 x 9'1) -

Shaped Landing -

Bedroom One - 4.39m x 3.58m (14'5 x 11'9) -

Bedroom Two - 4.57m x 2.84m (15'0 x 9'4) -

Bathroom - 3.23m x 2.64m (10'7 x 8'8) -

Sales Info - We are advised that the property is Freehold.
We are advised that the current council tax band is band A.
The current EPC rating is TBC

Important Information - - PLEASE NOTE: Home Estate Agents have not tested the services and appliances described within this document (including central heating systems), and advise purchasers to have such items tested to their own satisfaction by a specialist. All sizes quoted are approximate.

Making an offer: if you are interested in this property, please contact us at the earliest opportunity prior to contacting a bank, building society or solicitor. Failure to do so could result in the property being sold elsewhere and could result in you incurring unnecessary costs such as survey or legal fees. You will be required to provide proof of funding for any offers made prior to any offer being accepted. To comply with the money laundering regulation and terrorist financing regulations 2022, you will be required to complete mandatory money laundering ID checks via our third party provider.

Agent Details

Home Estate Agents, Monton

0161 524 0239

Next Steps?

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