3 Bed Flat, Single Let, Manchester, M9 7FJ, £130,000
The Pines, Ainsbrook Avenue, Manchester, M9 7FJ - 5 views - 6 months ago
Under Offer
Leasehold
BTL
ROI: 13%
~93 m²





+6 photos
ValuationUndervalued
Sold Prices | £122K - £305K |
Sold Prices/m² | £1.8K/m² - £4.3K/m² |
| |
Square Metres | ~93 m² |
Price/m² | £1.4K/m² |
Value Estimate | £158,600 |
BMV | 22% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £32,500 |
Stamp Duty & Legal Fees | £5,100 |
Total Cash In | £37,600 |
| |
Cash Out | |
Rent Range | £995 - £3,000 |
Rent Estimate | £1,050 |
Running Costs/mo | £636 |
Cashflow/mo | £414 |
Cashflow/yr | £4,965 |
ROI | 13% |
Gross Yield | 10% |
Local Sold Prices
14 sold prices from £122K to £305K, average is £172K. £1.8K/m² to £4.3K/m², average is £2.1K/m².
Local Rents
50 rents from £995/mo to £3K/mo, average is £1.3K/mo.
Local Area Statistics
Population in M9 | 39,412 |
Population in Manchester | 920,095 |
Town centre distance | 5.43 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.52 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +45% |
Sales demand | Seller's market |
Capital growth (5yrs) | +60% |
Property History
Listed for £130,000
October 7, 2024
Floor Plans

Description
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