2 Bed Terraced House, Single Let, Manchester, M43 7AF, £157,000

High Street, Droylsden, M43 7AF - 2 views - 7 months ago

BTL
ROI: 5%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£110K - £252K
Sold Prices/m²£1.3K/m² - £4.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£171,793
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£39,250

Stamp Duty & Legal Fees

£5,910

Total Cash In

£45,160

 

 

Cash Out

 

Rent Range

£850 - £3,250

Rent Estimate

£895

Running Costs/mo

£690

Cashflow/mo

£205

Cashflow/yr

£2,465

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £110K to £252K, average is £159.8K. £1.3K/m² to £4.9K/m², average is £2.5K/m².

PriceDateDistanceAddressBeds 
£149K04/210 mi5, High Street, Droylsden, Manchester, Greater Manchester M43 7AF2
£172K05/230.04 mi39, Hart Street, Droylsden, Manchester, Greater Manchester M43 7AN2
£195K06/230.12 mi36, Albion Fold, Droylsden, Manchester, Greater Manchester M43 7DF2
£175K07/220.12 mi21, Albion Fold, Droylsden, Manchester, Greater Manchester M43 7DF2
£140K11/220.17 mi49, Baguley Street, Droylsden, Manchester, Greater Manchester M43 7BB2
£152.5K12/200.2 mi25, Marina Road, Droylsden, Manchester, Greater Manchester M43 7DB2
£207K07/230.21 mi22, Lines Road, Droylsden, Manchester, Greater Manchester M43 7FA2
£187K02/240.21 mi27, Lines Road, Droylsden, Manchester, Greater Manchester M43 7FA2
£170K12/220.21 mi3, Marina Road, Droylsden, Manchester, Greater Manchester M43 7DB2
£137K09/230.24 mi13, Moorcroft Street, Droylsden, Manchester, Greater Manchester M43 7YB2
£195K11/230.24 mi50, Luke Road, Droylsden, Manchester, Greater Manchester M43 7FE2
£117K07/210.29 mi5, Moorside Street, Droylsden, Manchester, Greater Manchester M43 7ZD2
£170K09/230.29 mi4, Flint Street, Droylsden, Manchester, Greater Manchester M43 7HA2
£153K04/210.29 mi10, Lytton Road, Droylsden, Manchester, Greater Manchester M43 7ND2
£149K06/210.29 mi5, Lytton Road, Droylsden, Manchester, Greater Manchester M43 7ND2
£137K02/230.29 mi16, Ribble Walk, Droylsden, Manchester, Greater Manchester M43 7UP2
£185K10/230.31 mi64, Clough Road, Droylsden, Manchester, Greater Manchester M43 7NG2
£212K03/230.31 mi58, Clough Road, Droylsden, Manchester, Greater Manchester M43 7NG2
£156K10/210.32 mi4, Albion Drive, Droylsden, Manchester, Greater Manchester M43 7NP2
£197K12/220.32 mi16, Albion Drive, Droylsden, Manchester, Greater Manchester M43 7NP2
£192K05/230.32 mi5, Albion Drive, Droylsden, Manchester, Greater Manchester M43 7NP2
£182.5K08/210.33 mi6, Legh Drive, Audenshaw, Manchester, Greater Manchester M34 5TG2
£252K03/240.34 mi24, Willow Fold, Droylsden, Manchester, Greater Manchester M43 7BY2
£165K02/230.35 mi18, Waverley Crescent, Droylsden, Manchester, Greater Manchester M43 7NN2
£180K05/230.35 mi35, Clough Road, Droylsden, Manchester, Greater Manchester M43 7NQ2
£185K07/230.36 mi32, Moorside Street, Droylsden, Manchester, Greater Manchester M43 7HB2
£120K12/230.36 mi52, Moorside Street, Droylsden, Manchester, Greater Manchester M43 7HB2
£175.8K11/220.36 mi9, Waverley Crescent, Droylsden, Manchester, Greater Manchester M43 7NX2
£159.5K07/210.36 mi81, Droylsden Road, Audenshaw, Manchester, Greater Manchester M34 5SP2
£165K06/240.36 mi57, Droylsden Road, Audenshaw, Manchester, Greater Manchester M34 5SP2
£190.1K11/230.38 mi15, Keats Avenue, Droylsden, Manchester, Greater Manchester M43 7WJ2
£152K07/210.38 mi9, Keats Avenue, Droylsden, Manchester, Greater Manchester M43 7WJ2
£170K01/230.39 mi86, Sunnyside Road, Droylsden, Manchester, Greater Manchester M43 7WE2
£156K12/200.4 mi29, Mellor Street, Droylsden, Manchester, Greater Manchester M43 6ER2
£157K09/230.4 mi12, Bell Clough Road, Droylsden, Manchester, Greater Manchester M43 7WR2
£120K10/230.4 mi33, Royal Avenue, Droylsden, Manchester, Greater Manchester M43 7HF2
£156.5K02/210.41 mi2, Swinburne Avenue, Droylsden, Manchester, Greater Manchester M43 7WS2
£124K03/210.42 mi85, Ashton Hill Lane, Droylsden, Manchester, Greater Manchester M43 6DY2
£166K08/230.42 mi95, Ashton Hill Lane, Droylsden, Manchester, Greater Manchester M43 6DY2
£124K03/210.42 mi85, Ashton Hill Lane, Droylsden, Manchester, Greater Manchester M43 6DY2
£110K01/210.42 mi93, Ashton Hill Lane, Droylsden, Manchester, Greater Manchester M43 6DY2
£120.7K06/210.42 mi20, Gorseyfields, Droylsden, Manchester, Greater Manchester M43 6DZ2
£138K07/230.42 mi25, Shrewsbury Road, Droylsden, Manchester, Greater Manchester M43 7WH2
£133.5K06/210.43 mi10, Maddison Road, Droylsden, Manchester, Greater Manchester M43 6ES2
£175K09/230.43 mi21, Maddison Road, Droylsden, Manchester, Greater Manchester M43 6ES2
£160K09/230.43 mi42, Shrewsbury Road, Droylsden, Manchester, Greater Manchester M43 7NJ2
£134.9K12/200.43 mi17, Beech Avenue, Droylsden, Manchester, Greater Manchester M43 6FR2
£225K12/230.44 mi98, Waverley Crescent, Droylsden, Manchester, Greater Manchester M43 7WL2
£127.5K01/240.45 mi307, Fairfield Road, Droylsden, Manchester, Greater Manchester M43 6EB2
£158K08/210.45 mi7, James Street, Droylsden, Manchester, Greater Manchester M43 7SZ2

Local Rents

50 rents from £850/mo to £3.3K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£95003/240.03 miHigh Street, Manchester, Greater Manchester, M432
£89511/230.06 mi-2
£92508/240.14 mi-2
£92507/240.14 miMarket Street, Droylsden, Manchester, M432
£90005/240.17 miMedlock Place, Droylsden2
£92506/240.19 miOld Mill Wharf, Droylsden, Manchester2
£1,05007/240.19 miOld Mill Wharf, Droylsden, Manchester2
£99505/240.21 mi-2
£97511/230.23 mi-2
£1,25005/240.25 miAnnable Road, Droylsden, Manchester, M432
£1,20005/240.26 mi-2
£1,00005/240.3 mi-2
£1,00005/240.3 miDroylsden, Manchester, M432
£1,00007/240.3 mi-2
£1,00006/240.3 miDroylsden, Manchester, M432
£1,20009/240.3 mi-2
£1,20008/240.3 miBridgewater Wharf, Droylsden, Manchester, M432
£1,10011/240.3 mi-2
£95009/240.3 mi-2
£1,10003/250.3 mi-2
£3,25006/240.32 mi-2
£95008/240.32 miDurham Street, Droylsden, Manchester2
£1,05006/240.34 miMarket Street, Droyslden, Manchester, M432
£99505/240.35 miDroylsden Road, Manchester, Greater Manchester, M342
£85008/240.35 miWilliamson Lane, Droylsden, Manchester, M432
£85009/240.35 mi-2
£87505/240.36 miWilliamson Lane, Droylsden, Manchester2
£99507/240.37 miWaverley Crescent, Droylsden, Manchester, M432
£99507/240.37 mi-2
£1,05002/250.37 mi-2
£97507/240.38 miOld Mill Wharf, Droylsden, Manchester2
£1,35011/240.38 mi-2
£1,10004/240.41 mi-2
£1,30002/240.41 mi-2
£1,30005/240.41 mi-2
£1,30005/240.41 miRobertsons Way, Droylsden, Manchester, M432
£89505/240.42 miRoyal Avenue, Droylsden, 2
£1,00006/240.42 miGorseyfields, Droylsden, Tameside, M432
£1,04003/250.43 mi-2
£1,15005/240.43 mi-2
£1,00005/240.44 miHigh Bank Road, Droylsden, Manchester, M43 6ET2
£1,05011/240.45 mi-2
£1,15005/240.45 mi-2
£85004/250.45 mi-2
£1,15005/240.45 miHigh Bank Road, Droylsden, Manchester, M432
£95005/240.48 mi-2
£90007/240.48 mi-2
£90009/240.48 mi-2
£90009/240.48 mi-2
£1,20011/240.49 mi-2

Local Area Statistics

Population in M43

23,037

Population in Manchester

920,095

Town centre distance

4.72 miles away

Nearest school

0.20 miles away

Nearest train station

0.21 miles away

 

 

Rental growth (12m)

+25%

Sales demand

Seller's market

Capital growth (5yrs)

+59%

Property History

Listed for £157,000

October 9, 2024

Description

  • EARLY VIEWING ADVISED +
  • Kitchen-Diner +
  • Full Double Glazing +
  • Oven/Hob +
  • Gas Central Heating +

Belvoir estate agents welcome to the open market this well presented two bedroomed mid terrace property. FIRST TIME BUYERSWELL PRESENTED THROUGHOUT MODERN KITCHEN DINER EASY ACCESS TO PUBLIC TRANSPORT AND LOCAL AMENITIES** This property has been well cared for and maintained by its current owners making this a fantastic purchase for any buyers looking for a property to move straight into and make their own. Briefly, the accommodation comprises; entrance vestibule, lounge and kitchen diner to the ground floor. Two bedrooms and family bathroom to the first floor. This spacious property is located within easy access of local amenities, public transport connections and popular primary and secondary schools. To the rear of the property enclosed yard. This property is double glazed and warmed via gas central heating. Internal viewing is strongly advised to fully appreciate the living accommodation contained within.  We endeavour to make our sales 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. Any 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 measurements have been taken as a guide to prospective buyers only, and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation EPC rating: C.

Agent Details

Belvoir Sales, Ashton-under-Lyne

0161 343 2323

Next Steps?

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