2 Bed Terraced House, Single Let, Manchester, M35 9HF, £218,000

318 Ashton Road East, Manchester, Greater Manchester, M35 9HF - 1 views - 6 months ago

BTL
60 m²
+18 photos

ValuationOvervalued

Sold Prices£93.5K - £292.5K
Sold Prices/m²£1.5K/m² - £5.3K/m²

 

 

Square Metres

60 m²
Price/m²£3.6K/m²

Value Estimate

£152,308

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£54,500

Stamp Duty & Legal Fees

£7,740

Total Cash In

£62,240

 

 

Cash Out

 

Rent Range

£825 - £1,300

Rent Estimate

£828

Running Costs/mo

£867

Cashflow/mo

£-39

Cashflow/yr

£-466

Gross Yield

5%

Local Sold Prices

50 sold prices from £93.5K to £292.5K, average is £165.5K. £1.5K/m² to £5.3K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£134K06/210.02 mi279, Ashton Road East, Failsworth, Manchester, Greater Manchester M35 9HH2
£123.4K07/230.02 mi281, Ashton Road East, Failsworth, Manchester, Greater Manchester M35 9HH2
£160K09/210.02 mi323, Ashton Road East, Failsworth, Manchester, Greater Manchester M35 9HH2
£212K02/230.03 mi340, Ashton Road East, Failsworth, Manchester, Greater Manchester M35 9HF2
£172K09/230.04 mi44, Kingston Road, Failsworth, Manchester, Greater Manchester M35 9HJ2
£147K03/230.06 mi271, Ashton Road East, Failsworth, Manchester, Greater Manchester M35 9HE2
£157.5K05/210.08 mi11, Elvira Close, Failsworth, Manchester, Greater Manchester M35 9WE2
£292.5K11/220.11 mi15, Lulworth Crescent, Failsworth, Manchester, Greater Manchester M35 9HR2
£164.5K03/210.12 mi1, Lulworth Crescent, Failsworth, Manchester, Greater Manchester M35 9HR2
£160K01/210.12 mi8, Lulworth Crescent, Failsworth, Manchester, Greater Manchester M35 9HR2
£195K09/210.12 mi4, Lulworth Crescent, Failsworth, Manchester, Greater Manchester M35 9HR2
£125K06/210.13 mi215, Ashton Road East, Failsworth, Manchester, Greater Manchester M35 9HE2
£165K07/210.15 mi88, Westminster Road, Failsworth, Manchester, Greater Manchester M35 9HW2
£195K07/230.15 mi92, Westminster Road, Failsworth, Manchester, Greater Manchester M35 9HW2
£236.3K09/210.16 mi9, Kew Road, Failsworth, Manchester, Greater Manchester M35 9LB2
£163.5K02/210.16 mi41, Kew Road, Failsworth, Manchester, Greater Manchester M35 9LB2
£215K01/230.18 mi62, Kew Road, Failsworth, Manchester, Greater Manchester M35 9LD2
£199.9K12/200.18 mi36, Richmond Road, Failsworth, Manchester, Greater Manchester M35 9HZ2
£240K01/210.2 mi7, Lime Tree Grove, Failsworth, Manchester, Greater Manchester M35 9NH2
£215K11/220.22 mi60, Hampton Road, Failsworth, Manchester, Greater Manchester M35 9JA2
£219.9K11/220.23 mi5, Glenside Gardens, Failsworth, Manchester, Greater Manchester M35 9YJ2
£228K06/230.23 mi16, Glenside Gardens, Failsworth, Manchester, Greater Manchester M35 9YJ2
£177K10/210.24 mi167, Ashton Road East, Failsworth, Manchester, Greater Manchester M35 9PP2
£195K11/210.25 mi11, Brompton Avenue, Failsworth, Manchester, Greater Manchester M35 9LL2
£220K10/220.26 mi100, Kew Road, Failsworth, Manchester, Greater Manchester M35 9LA2
£166K03/210.27 mi92, Kew Road, Failsworth, Manchester, Greater Manchester M35 9LA2
£150K06/210.31 mi64, Westminster Road, Failsworth, Manchester, Greater Manchester M35 9LQ2
£147K12/220.31 mi4, Grimshaw Avenue, Failsworth, Manchester, Greater Manchester M35 9JT2
£205K06/210.33 mi6, Marston Close, Failsworth, Manchester, Greater Manchester M35 9TJ2
£129.9K06/210.35 mi8, Vesper Street, Failsworth, Manchester, Greater Manchester M35 9JS2
£148K03/230.35 mi15, Vesper Street, Failsworth, Manchester, Greater Manchester M35 9JS2
£206K10/220.35 mi26, Hillingdon Close, Oldham, Greater Manchester OL8 3QJ2
£141K05/230.35 mi22, Massey Avenue, Failsworth, Manchester, Greater Manchester M35 9LG2
£152K06/210.35 mi10, Massey Avenue, Failsworth, Manchester, Greater Manchester M35 9LG2
£135K03/210.36 mi10, Hedges Street, Failsworth, Manchester, Greater Manchester M35 9JR2
£140K02/230.36 mi10, Hedges Street, Failsworth, Manchester, Greater Manchester M35 9JR2
£157K03/230.38 mi63, Brierley Avenue, Failsworth, Manchester, Greater Manchester M35 0RF2
£188K06/230.38 mi57, Brierley Avenue, Failsworth, Manchester, Greater Manchester M35 0RF2
£240K04/210.4 mi90, Medlock Road, Failsworth, Manchester, Greater Manchester M35 9WN2
£170K10/200.4 mi20, Medlock Road, Failsworth, Manchester, Greater Manchester M35 9WN2
£187K06/230.41 mi20, Ravenoak Drive, Failsworth, Manchester, Greater Manchester M35 9RQ2
£174.9K11/220.42 mi62, Ravenoak Drive, Failsworth, Manchester, Greater Manchester M35 9RR2
£182K06/210.43 mi39a, Medlock Road, Failsworth, Manchester, Greater Manchester M35 9WW2
£162K02/230.43 mi79, Ravenoak Drive, Failsworth, Manchester, Greater Manchester M35 9RR2
£152.7K04/230.44 mi88, Mersey Road North, Failsworth, Manchester, Greater Manchester M35 9LT2
£153K10/210.45 mi25, Timson Street, Failsworth, Manchester, Greater Manchester M35 9PX2
£133K06/210.46 mi76, Clough Road, Failsworth, Manchester, Greater Manchester M35 0RL2
£170K12/220.47 mi78, Clough Road, Failsworth, Manchester, Greater Manchester M35 0RL2
£93.5K02/210.47 mi33, Brierley Avenue, Failsworth, Manchester, Greater Manchester M35 0RG2
£145K09/210.48 mi57, Hibbert Crescent, Failsworth, Manchester, Greater Manchester M35 0RQ2

Local Rents

31 rents from £825/mo to £1.3K/mo, average is £950/mo.

RentDateDistanceAddressBeds 
£99505/240.04 mi-2
£85005/240.23 miAshton Road East, Failsworth2
£1,30011/240.27 mi-2
£92501/240.35 mi-2
£90005/240.38 miAshton Road E, Failsworth , M352
£95005/240.38 miFailsworth , M352
£1,30005/240.42 miMedlock Road, Failsworth, Manchester2
£1,05006/240.44 miMedlock Road, Woodhouses, Manchester2
£85005/240.49 mi-2
£99506/240.5 mi-2
£99504/250.5 mi-2
£99506/240.5 miChurch Street, Failsworth, Manchester, M352
£82512/240.51 mi-2
£89509/240.52 miJoseph Street, Failsworth, M352
£82505/240.53 miMinor Street, Failsworth, Manchester2
£95007/240.54 miMinor Street, Failsworth, Manchester2
£95007/240.54 miMinor Street, Failsworth, Manchester2
£89504/250.54 mi-2
£1,05004/250.55 mi-2
£1,10012/240.55 mi-2
£87508/240.55 miWesley Street, Failsworth, Manchester2
£94504/250.55 mi-2
£89506/240.57 mi-2
£97503/250.58 mi-2
£95005/240.59 miFrancis Street, Failsworth, Manchester, Greater Manchester, M352
£89505/240.59 miWesley Street, Failsworth, Manchester2
£1,19511/240.59 mi-2
£90008/240.59 miWesley Street, Failsworth, Manchester2
£97503/250.6 mi-2
£1,00001/250.6 mi-2
£92503/250.61 mi-2

Local Area Statistics

Population in M35

20,671

Population in Manchester

920,095

Town centre distance

5.81 miles away

Nearest school

0.20 miles away

Nearest train station

0.84 miles away

 

 

Rental growth (12m)

+90%

Sales demand

Balanced market

Capital growth (5yrs)

+27%

Property History

Listed for £218,000

October 8, 2024

Sold for £90,000

2005

Sold for £43,950

1995

Floor Plans

Description

  • CHAIN FREE +
  • FULLY MODERNISED +
  • TWO BEDROOMS +
  • MID TERRACE +
  • TWO RECEPTION ROOMS +
  • MODERN KITCHEN +
  • MODERN FAMILY BATHROOM +
  • SPEARATE GARAGE +
  • LOFT ROOM +
  • GAS CENTRAL HEATING UPVC DOUBLE GLAZING +

CHAIN FREE REDUCED TWO BEDROOMS FULLY MODERNISED TWO RECEPTION ROOMS LOFT ROOM SEPARATE GARAGE
McDermott & Co are delighted to bring to the market this two bedroom mid terrace property which has been fully modernised. The property benefits from UPVC double glazing and warmed by gas central heating. Comprises of entrance porch, lounge, dining room, modern kitchen, two bedrooms both doubles and both benefitting from built in wardrobes, modern family bathroom. Bedroom two has a loft room off. Externally a paved front garden and paved rear garden. There is a separate garage situated on Argyll Park Road. The property is in close proximity to M60 motorway, schools and transport links.

Entrance Porch - 0.94m x 1.14m (3'1 x 3'9) - Entrance porch, carpeted, neutral decor.

Lounge - 3.78m x 3.84m (12'5 x 12'7) - Front facing, carpeted, radiator, feature wood burner and stone hearth, neutral decor.

Dining Room - 2.06m x 3.71m (6'9 x 12'2) - Rear facing, carpeted, radiator, neutral decor, under stairs storage cupboard, patio doors leading to rear garden, stairs off.

Kitchen - 3.63m x 1.85m (11'11 x 6'1) - Rear facing, modern range of fitted wall and base units in cream gloss finish with complimentary black worktops. Inset sink and drainer with mixer taps over, built in electric oven and electric hob with extractor hood over, tiled splashback, integrated fridge freezer, integrated microwave, integrated dishwasher, vinyl flooring, neutral decor.

Stairs - Stairs leading to all first floor rooms, carpeted, neutral decor.

Bedroom One - 3.81m x 3.78m (12'6 x 12'5) - Front facing, carpeted, radiator, built in wardrobes, with lights above, built in cupboards, drawers and bed side tables, neutral decor.

Bedroom Two - 3.33m x 1.96m (10'11 x 6'5) - Rear facing, carpeted, radiator, built in wardrobes, cupboards and dressing table, neutral decor, loft hatch to loft room.

Loft Room - 2.95m 3.71m (9'8 12'2) - Leading from bedroom two loft hatch with ladders, velux window, carpeted, radiator, storage cupboards, neutral decor.

Family Bathroom - 1.68m x 1.68m (5'6 x 5'6) - Rear facing, modern three piece bathroom suite in white comprising vanity sink and toilet, shower over bath, heated chrome towel rail, fully tiled walls laminate flooring, spotlights.

Externally - To the front of the property there is paved front garden and paved garden to the rear with outhouse.

Garage - 4.85m x 3.10m (15'11 x 10'2) - The garage is situated off Argyll Park Road.

Tenure - We have been advised that the property is Freeehold.

Stamp Duty - Residential property rates
You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price when you buy residential property, for example a house or flat.
The amount you pay depends on:
•when you bought the property
•how much you paid for it
•whether you’re eligible for relief or an exemption
Rates for a single property
You pay SDLT at these rates if, after buying the property, it is the only residential property you own. You usually pay 5% on top of these rates if you own another residential property.
Rates up to 31 March 2025
Property or lease premium or transfer valueSDLTrate
Up to £250,000Zero
The next £675,000 (the portion from £250,001 to £925,000)5%
The next £575,000 (the portion from £925,001 to £1.5 million)10%
The remaining amount (the portion above £1.5 million)12%
Example
In October 2024 you buy a house for £295,000. The SDLT you owe will be calculated as follows:
•0% on the first £250,000 = £0
•5% on the final £45,000 = £2,250
•total SDLT = £2,250
Rates from 1 April 2025
Property or lease premium or transfer valueSDLTrate
Up to £125,000Zero
The next £125,000 (the portion from £125,001 to £250,000)2%
The next £675,000 (the portion from £250,001 to £925,000)5%
The next £575,000 (the portion from £925,001 to £1.5 million)10%
The remaining amount (the portion above £1.5 million)12%
Example
In April 2025 you buy a house for £295,000. The SDLT you owe will be calculated as follows:
•0% on the first £125,000 = £0
•2% on the second £125,000 = £2,500
•5% on the final £45,000 = £2,250
•total SDLT = £4,750

Agent Details

Mcdermott & Co Property Agents, Failsworth

0161 524 3146

Next Steps?

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