2 Bed Flat, Single Let, Manchester, M14 6WP, £185,000

Ladybarn Court, Manchester, M14 6WP - 1 views - 6 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+2 photos

ValuationOvervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£2.7K/m²

Value Estimate

£159,760

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£46,250

Stamp Duty & Legal Fees

£6,750

Total Cash In

£53,000

 

 

Cash Out

 

Rent Range

£650 - £3,300

Rent Estimate

£986

Running Costs/mo

£795

Cashflow/mo

£191

Cashflow/yr

£2,288

ROI

4%

Gross Yield

6%

Local Sold Prices

49 sold prices from £70K to £450K, average is £155K. £1.7K/m² to £3.4K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£130.5K03/210.13 miFlat 3, Lees Hall Court, Lees Hall Crescent, Manchester, Greater Manchester M14 6YP2
£129K05/230.31 miFlat 7, Delamere House, Brook Road, Manchester, Greater Manchester M14 6UJ2
£155K12/200.32 miFlat 4, Willow Court, Willow Bank, Manchester, Greater Manchester M14 6XP2
£202K12/220.34 mi30, Willow Bank, Manchester, Greater Manchester M14 6XT2
£213K10/210.34 mi32, Willow Bank, Manchester, Greater Manchester M14 6XT2
£135.5K01/210.41 mi14 Agnes Court, Wilmslow Road, Manchester, Greater Manchester M14 6AJ2
£147K09/210.46 mi66, Chervil Close, Manchester, Greater Manchester M14 7DP2
£162K08/230.46 mi66, Chervil Close, Manchester, Greater Manchester M14 7DP2
£149.9K06/230.46 mi10, Chervil Close, Manchester, Greater Manchester M14 7DP2
£131K05/210.46 mi74, Chervil Close, Manchester, Greater Manchester M14 7DP2
£71.5K10/200.55 miFlat 232, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£85K09/220.55 miFlat 231, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£80K03/210.55 miFlat 238, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£70K03/230.55 miFlat 246, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£185K12/220.55 miFlat 46, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£155K10/210.56 miFlat 65, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£125K06/230.56 miFlat 12, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£168.8K11/220.56 miFlat 26, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£187.5K12/220.56 miFlat 18, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£203K12/220.56 miFlat 68, Thorne House, Wilmslow Road, Manchester, Greater Manchester M14 6DW2
£176.6K02/230.57 mi20, Gwynant Place, Manchester, Greater Manchester M20 4AE2
£165K05/210.59 miFlat 95, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HG2
£250K12/220.62 miFlat 56, Appleby Lodge, Wilmslow Road, Manchester, Greater Manchester M14 6HY2
£168K01/230.68 mi22, Whimberry Way, Withington, Manchester, Greater Manchester M20 4SG2
£147.5K12/200.68 mi93, Parrs Wood Road, Manchester, Greater Manchester M20 4SH2
£152.5K12/200.68 mi51, Parrs Wood Road, Manchester, Greater Manchester M20 4SH2
£191K12/220.71 mi72, Briarfield Road, Manchester, Greater Manchester M20 4SS2
£142K10/210.74 mi146a, Burnage Lane, Manchester, Greater Manchester M19 1EF2
£450K07/210.74 mi1, Parsonage Road, Manchester, Greater Manchester M20 4PB2
£75K02/230.75 mi5, Moorton Avenue, Manchester, Greater Manchester M19 2NQ2
£169K12/200.75 mi50, Strathblane Close, Manchester, Greater Manchester M20 3FZ2
£115K03/210.82 mi1a, Avon Road, Manchester, Greater Manchester M19 1HP2
£130K03/230.84 miFlat 4, Park Lodge, Park Avenue, Levenshulme, Manchester, Greater Manchester M19 2EE2
£188K09/230.85 mi145, Parrs Wood Road, Manchester, Greater Manchester M20 4RS2
£135K02/230.86 mi19, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£113K01/230.87 mi22, Kinderton Avenue, Manchester, Greater Manchester M20 1AL2
£159.5K12/230.88 mi14, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£131K12/200.88 mi14, Bucklow Avenue, Manchester, Greater Manchester M14 7AR2
£103K01/210.92 mi77, Broadlea Road, Manchester, Greater Manchester M19 1EG2
£123K03/230.92 miFlat 28, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£135K04/220.93 miFlat 36, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£170K01/230.95 mi90, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£160K02/210.96 mi14, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K04/230.96 mi84, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£175.5K03/230.96 mi60, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£172K03/230.96 mi4, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£171K06/230.96 mi36, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£157.5K08/230.96 mi92, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2
£172.5K12/220.96 mi62, Hadfield Close, Rusholme, Manchester, Greater Manchester M14 5LY2

Local Rents

50 rents from £650/mo to £3.3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,00005/240 miLadybarn Lane, Fallowfield, Manchester, M142
£1,19501/250.02 mi-2
£1,19503/250.02 mi-2
£1,25005/240.02 mi28 Ladybarn Lane, Fallowfield, Manchester, Greater Manchester, M142
£1,20005/240.02 miLadybarn Court, Ladybarn Lane, Fallowfield, Manchester, M142
£1,25005/240.02 miLadybarn Lane , Fallowfield2
£1,05005/240.03 miLadybarn Lane, Manchester, M142
£2,00005/240.08 miLadybarn Road, Manchester, M14 6WN2
£1,13005/240.08 miLadybarn Road, Manchester, Greater Manchester, M142
£1,65005/240.08 miLadybarn Road, Manchester, M14 6WN2
£1,49505/240.08 miLadybarn Road, Manchester, M14 6WN2
£1,15012/240.1 mi-2
£1,15005/240.1 miThorn Grove, Manchester, M142
£1,15005/240.1 miThorn Grove, Manchester, M142
£1,12705/240.11 miBalmoral Road, Fallowfield, Manchester, M142
£1,12705/240.11 miBalmoral Road, Fallowfield, Manchester, M142
£99705/240.13 miEgerton Road, Fallowfield, Manchester2
£97105/240.13 miEgerton Road, Fallowfield, Manchester2
£1,02503/240.13 miLees Hall Crescent, Manchester, Greater Manchester, M142
£1,20003/240.15 mi4 Egerton Road, Fallowfield. M14 6YB2
£65005/240.16 miEgerton Road, Manchester, 2
£3,30002/240.18 mi-2
£3,30005/240.18 mi-2
£3,30005/240.18 mi-2
£3,30005/240.18 mi-2
£1,40405/240.19 miSherwood Street, 2 Bed, Fallowfield, Manchester2
£97105/240.19 miEgerton Road, Manchester M14 6NQ2
£1,34003/250.2 mi-2
£99903/240.2 miBrook Road, Manchester, M14 6UE2
£1,29506/240.21 mi-2
£1,29505/240.21 miOrange Grove House, Manchester, M142
£1,30001/250.22 mi-2
£1,54505/240.23 miBrailsford Road, Fallowfield, Manchester, M142
£1,05005/240.23 miBrailsford Road, Fallowfield, Manchester2
£2,60005/240.24 miEgerton, Manchester M14 6UZ2
£1,40012/240.24 mi-2
£1,30002/250.24 mi-2
£1,05005/240.24 miWhiteoak Road, Manchester, Greater Manchester, M142
£1,00005/240.24 miWhiteoak Road, Manchester, Greater Manchester, M142
£1,00005/240.24 miWhiteoak Road, Manchester, Greater Manchester, M142
£1,20006/240.25 miThe Deansgate, Whiteoak Road, Fallowfield, M142
£1,10005/240.26 miDerby Road, Fallowfield, M142
£1,20003/250.26 mi-2
£1,56505/240.27 miColwyn Avenue, Fallowfield, Manchester, M142
£1,15006/240.27 miShippey Street, Ladybarn, M142
£1,40005/240.29 miSherwood Street, Manchester M14 6NJ2
£1,40003/240.3 miBeech Court, Willowbank2
£1,10005/240.3 miWilbraham Road, Manchester, M142
£1,10005/240.3 miVillage Gate, Wilbraham Road, Fallowfield, M142
£1,10005/240.3 miThe Cube, Wilbraham Road, Fallowfield, Manchester, M142

Local Area Statistics

Population in M14

52,853

Population in Manchester

920,095

Town centre distance

1.80 miles away

Nearest school

0.50 miles away

Nearest train station

0.53 miles away

 

 

Rental demand

Balanced market

Rental growth (12m)

-42%

Sales demand

Seller's market

Capital growth (5yrs)

+49%

Property History

Listed for £185,000

September 27, 2024

Floor Plans

Description

  • Recently refurbished throughout +
  • Master bedroom with en-suite +
  • Modern kitchen with appliances +
  • Allocated parking space +

FOR LANDLORDS ONLY - recently refurbished two-bedroom flat, featuring a master bedroom with en-suite, modern kitchen, large bathroom, and allocated parking space, is ideally located near public transport and local amenities. Sold with tenant in situation. EPC Grade = C

IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed. If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view. POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller. POTENTIAL TENANTS: All properties are available for a minimum length of time, with the exception of short term accommodation. Please contact the branch for details. A security deposit of at least one month’s rent is required. Rent is to be paid one month in advance. It is the tenant’s responsibility to insure any personal possessions. Payment of all utilities including water rates or metered supply and Council Tax is the responsibility of the tenant in every case.

DID240451/2

Agent Details

Reeds Rains, Didsbury

0161 524 2267

Next Steps?

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