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4 Bed Terraced House, Single Let, Manchester, M18 7LS, £260,000

Carlton Range, Gorton, M18 7LS - 6 months ago

BTL
ROI: 1%
~129 m²
+8 photos

ValuationUndervalued

Sold Prices£80K - £472.5K
Sold Prices/m²£1.3K/m² - £5K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2K/m²

Value Estimate

£324,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£65,000

Stamp Duty & Legal Fees

£10,300

Total Cash In

£75,300

 

 

Cash Out

 

Rent Range

£1,050 - £3,300

Rent Estimate

£1,198

Running Costs/mo

£1,072

Cashflow/mo

£126

Cashflow/yr

£1,511

ROI

2%

Gross Yield

6%

Local Sold Prices

48 sold prices from £80K to £472.5K, average is £276.5K. £1.3K/m² to £5K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£145K10/210.01 mi15, Carlton Range, Manchester, Greater Manchester M18 7LS4
£185K07/210.01 mi16, Carlton Range, Manchester, Greater Manchester M18 7LS4
£162.5K03/240.03 mi10, Highfield Range, Manchester, Greater Manchester M18 7LR4
£230K10/210.03 mi4, Claremont Range, Manchester, Greater Manchester M18 7LT4
£255K10/230.05 mi6, Delahays Range, Manchester, Greater Manchester M18 7LU4
£140K11/210.05 mi11, Delahays Range, Manchester, Greater Manchester M18 7LU4
£300K05/240.07 mi1131, Hyde Road, Manchester, Greater Manchester M18 7LN4
£375K04/230.16 mi874, Hyde Road, Manchester, Greater Manchester M18 7LH4
£144K12/200.16 mi24, Albert Avenue, Manchester, Greater Manchester M18 7JX4
£295K02/230.17 mi54, Norfolk Avenue, Denton, Manchester, Greater Manchester M34 2NL4
£360K09/230.18 mi72, Norfolk Avenue, Denton, Manchester, Greater Manchester M34 2NL4
£172K12/200.18 mi1, Reddish Lane, Manchester, Greater Manchester M18 7JH4
£472.5K10/230.21 mi6, Sandringham Avenue, Denton, Manchester, Greater Manchester M34 2NT4
£350K11/210.23 mi1, Kingsdale Road, Manchester, Greater Manchester M18 7WB4
£220K03/210.23 mi21, Kingsdale Road, Manchester, Greater Manchester M18 7WB4
£350K11/210.23 mi1, Kingsdale Road, Manchester, Greater Manchester M18 7WB4
£353K12/210.24 mi6, Kingsdale Road, Manchester, Greater Manchester M18 7WB4
£410K12/230.28 mi6, Linton Avenue, Denton, Manchester, Greater Manchester M34 2JQ4
£253K11/230.39 mi47, Low Wood Road, Denton, Manchester, Greater Manchester M34 2PE4
£271K08/210.39 mi58, Balmoral Drive, Denton, Manchester, Greater Manchester M34 2JY4
£250K01/210.44 mi73, Cromwell Avenue, Denton, Manchester, Greater Manchester SK5 6GA4
£245K04/240.53 mi762, Hyde Road, Manchester, Greater Manchester M18 7EF4
£284K06/210.58 mi66, Anson Road, Denton, Manchester, Greater Manchester M34 2HQ4
£351.5K03/210.6 mi14, Ashbrook Farm Close, Stockport, Greater Manchester SK5 6RP4
£315.5K10/210.6 mi73, Palmerston Road, Denton, Manchester, Greater Manchester M34 2NZ4
£310K12/220.62 mi34, Palmerston Road, Denton, Manchester, Greater Manchester M34 2NY4
£265K07/220.63 mi3, Midgley Avenue, Manchester, Greater Manchester M18 8XP4
£297.5K09/210.66 mi40, Dane Road, Denton, Manchester, Greater Manchester M34 2HU4
£222.5K04/210.67 mi1, Bradfield Close, Stockport, Greater Manchester SK5 6XP4
£315K06/230.67 mi210, Windsor Road, Denton, Manchester, Greater Manchester M34 2HJ4
£293K06/210.67 mi20, Dane Road, Denton, Manchester, Greater Manchester M34 2JA4
£245K04/230.7 mi317, Gorton Road, Stockport, Greater Manchester SK5 6LN4
£239.5K04/240.77 mi5, Louisa Mews, Denton, Manchester, Greater Manchester M34 2EF4
£290K05/210.77 mi39, Windmill Lane, Stockport, Greater Manchester SK5 6SU4
£300K01/230.78 mi53, Windmill Lane, Stockport, Greater Manchester SK5 6SU4
£187.5K02/230.78 mi12, Cheddar Street, Manchester, Greater Manchester M18 8QB4
£253.8K12/200.82 mi1, Hassop Road, Stockport, Greater Manchester SK5 6ST4
£205K08/230.82 mi61, Pinnington Road, Manchester, Greater Manchester M18 8NR4
£320K09/210.83 mi27, Windmill Lane, Stockport, Greater Manchester SK5 6SW4
£80K07/230.83 mi85, Rawsthorne Avenue, Manchester, Greater Manchester M18 7GA4
£270K12/200.86 mi63, Longford Road West, Stockport, Greater Manchester SK5 6EU4
£160K02/210.87 mi233, Gorton Road, Stockport, Greater Manchester SK5 6LQ4
£282K04/210.88 mi10, Matlock Road, Stockport, Greater Manchester SK5 6SR4
£252.5K05/210.88 mi56, Matlock Road, Stockport, Greater Manchester SK5 6SR4
£295K03/210.88 mi2, Penrith Avenue, Stockport, Greater Manchester SK5 6ES4
£355K04/230.97 mi9, Boothdale Drive, Audenshaw, Manchester, Greater Manchester M34 5JU4
£450K11/200.97 mi115, Boothdale Drive, Audenshaw, Manchester, Greater Manchester M34 5JU4
£350K08/210.97 mi5, Tytherington Drive, Manchester, Greater Manchester M19 3TD4

Local Rents

50 rents from £1.1K/mo to £3.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,39511/240.01 mi-4
£1,35012/240.05 mi-3
£1,45002/250.06 mi-4
£1,55012/230.09 mi-3
£3,30012/240.11 mi-3
£3,30002/250.11 mi-3
£3,30002/250.11 mi-3
£2,60002/250.11 mi-3
£1,19505/240.13 miMayfield Grove, Manchester, M183
£1,60002/250.14 mi-4
£1,35006/240.19 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.19 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.19 miDorlan Avenue, Gorton, Manchester, M183
£1,29505/240.2 mi-3
£1,20012/240.21 miRoyston Avenue, Denton, Manchester, Greater Manchester, M343
£1,25005/240.22 miOrwell Avenue, Dane Bank, M343
£1,80006/240.25 mi-4
£1,25002/250.26 mi-3
£1,20009/240.27 miThornley Lane North, Stockport3
£1,30012/240.28 mi-3
£1,35012/240.36 mi-3
£1,20005/240.36 miWoodland Avenue, Gorton, Manchester, M18 7HF3
£1,30005/240.41 miManchester road, Denton, M344
£1,25006/240.42 miManchester Road, Denton, Manchester4
£1,55012/240.42 mi-3
£1,55012/240.42 mi-3
£1,45002/250.42 mi-3
£1,55006/240.42 miStainton Avenue, Manchester, M183
£1,35005/240.43 mi-4
£1,40011/240.43 mi-4
£1,27509/240.45 mi-3
£1,30008/240.47 miCromwell Avenue, Stockport, Cheshire, SK54
£1,30003/250.49 mi-3
£1,20002/250.51 mi-3
£1,10009/240.52 mi-3
£1,35012/240.52 mi-3
£1,35004/240.53 mi-3
£1,35005/240.53 miWindsor Road, Denton, Manchester, M343
£1,30009/240.53 mi-3
£1,50005/240.54 miShillingford Road, Manchester, M183
£1,50005/240.54 miRainshaw Lane, Manchester, M183
£1,39002/240.54 mi-3
£1,30005/240.54 mi-3
£1,60005/240.54 mi-3
£1,50002/240.54 mi-3
£1,35008/240.54 miCravenwood Road, Reddish, Stockport, Greater Manchester, SK53
£1,05008/240.55 mi-3
£1,45003/250.55 mi-3
£1,39012/230.55 mi-3
£1,40005/240.55 mi-3

Links

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.92 miles away

Nearest school

0.30 miles away

Nearest train station

0.56 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+74%

Property History

Price changed to £260,000

January 11, 2025

Listed for £270,000

September 27, 2024

Sold for £65,000

2003

Floor Plans

Description

  • Four Bedroom Terraced Home +
  • Well Presented +
  • Open Plan Kitchen & Dining Space +
  • Useful Cellar +
  • Desirable Residential Location +
  • Close to Debdale Park +

The PERFECT family home!!! A very warm welcome to Carlton Range, a FOUR BEDROOM TERRACED HOME situated in the ever so popular residential location of DEBDALE PARK. This incredible home is situated ideally, with MANCHESTER CITY CENTRE only a ten-minute drive away and nearby access to excellent transport links and the M60 Motorway. This impressive home boasts over FOUR FLOORS and briefly comprises of; a welcoming entrance hallway, a spacious living room with a beautiful bay fronted window, a huge open-plan kitchen and dining space, a useful cellar, four generous-sized bedrooms and a modern three-piece bathroom suite. Overall, the property benefits from plenty of storage space. Externally, you will find the home benefits from a rear yard and a frontage. This property will be in very high demand! Please call the Reddish branch to arrange a viewing!

Agent Details

Edward Mellor Ltd, Reddish

0161 524 6622

Next Steps?

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

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