dealsourcr

3 Bed Terraced House, Single Let, Manchester, M18 7HL, £220,000

Dean Road, Gorton, M18 7HL - 5 months ago

Sold STC
BTL
ROI: 5%
~93 m²
+8 photos

ValuationOvervalued

Sold Prices£70K - £305.6K
Sold Prices/m²£889/m² - £3.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£173,461

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£1,000 - £3,300

Rent Estimate

£1,195

Running Costs/mo

£947

Cashflow/mo

£249

Cashflow/yr

£2,982

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £70K to £305.6K, average is £175K. £889/m² to £3.9K/m², average is £2K/m².

PriceDateDistanceAddressBeds 
£146K11/200.07 mi21, Dean Road, Gorton, Manchester, Greater Manchester M18 7JF3
£150K08/210.08 mi4, Woodland Avenue, Manchester, Greater Manchester M18 7HF3
£160K09/230.08 mi16, Woodland Avenue, Manchester, Greater Manchester M18 7HF3
£150K03/230.09 mi32, Woodland Road, Gorton, Manchester, Greater Manchester M18 7JE3
£147.5K03/210.11 mi4, Waterhouse Road, Manchester, Greater Manchester M18 7HZ3
£165K11/230.15 mi2, Willow Grove, Manchester, Greater Manchester M18 7FG3
£160K12/230.16 mi39, Reddish Lane, Manchester, Greater Manchester M18 7JH3
£123.3K03/210.17 mi5, Reddish Lane, Manchester, Greater Manchester M18 7JH3
£140K06/240.19 mi66, Highgate Crescent, Manchester, Greater Manchester M18 7EZ3
£168K02/210.25 mi13, Essex Road, Manchester, Greater Manchester M18 7JR3
£240K03/230.25 mi21, Essex Road, Manchester, Greater Manchester M18 7JR3
£240K05/230.25 mi20, Essex Road, Manchester, Greater Manchester M18 7JR3
£96K10/210.26 mi8, Mayfield Grove, Manchester, Greater Manchester M18 7JS3
£181K10/230.26 mi11, Mayfield Grove, Manchester, Greater Manchester M18 7JS3
£205K04/230.26 mi14, Ryder Brow Road, Manchester, Greater Manchester M18 7FX3
£121K12/200.26 mi6, Brighton Range, Manchester, Greater Manchester M18 7LP3
£160K07/210.26 mi13, Brighton Range, Manchester, Greater Manchester M18 7LP3
£180K06/230.27 mi18, Ashfield Grove, Manchester, Greater Manchester M18 7SA3
£215K12/220.27 mi14, Brighton Range, Manchester, Greater Manchester M18 7LP3
£70K05/230.28 mi3, Tanners Street, Manchester, Greater Manchester M18 8WT3
£216.5K04/240.29 mi6, Westbourne Range, Manchester, Greater Manchester M18 7LQ3
£250K02/240.29 mi37, Westbourne Range, Manchester, Greater Manchester M18 7LQ3
£212K07/240.29 mi1, Westbourne Range, Manchester, Greater Manchester M18 7LQ3
£180K04/240.29 mi19, Milkwood Grove, Manchester, Greater Manchester M18 7FQ3
£126K03/230.29 mi28, Ashfield Grove, Manchester, Greater Manchester M18 7SA3
£225K08/210.31 mi3, Rainshaw Lane, Gorton, Manchester, Greater Manchester M18 7TE3
£247.5K01/230.32 mi79, Laburnum Road, Denton, Manchester, Greater Manchester M34 2WD3
£164K01/210.32 mi13, Highfield Range, Manchester, Greater Manchester M18 7LR3
£175K10/210.32 mi42, Broadfield Grove, Stockport, Greater Manchester SK5 6XN3
£186.5K10/210.32 mi11, Broadfield Grove, Stockport, Greater Manchester SK5 6XN3
£170K03/210.32 mi21, Broadfield Grove, Stockport, Greater Manchester SK5 6XN3
£226K02/230.34 mi15, Brookhurst Road, Manchester, Greater Manchester M18 7ER3
£135K10/200.34 mi28, Harrington Street, Manchester, Greater Manchester M18 8UQ3
£170K11/230.34 mi25, Laburnum Road, Manchester, Greater Manchester M18 7FT3
£212.5K03/210.35 mi28, Carlton Range, Manchester, Greater Manchester M18 7LS3
£305.6K12/220.35 mi68, High Bank, Manchester, Greater Manchester M18 8UL3
£150K04/210.35 mi24, Hengist Street, Manchester, Greater Manchester M18 7EL3
£165K02/210.36 mi9, Havers Road, Manchester, Greater Manchester M18 8UN3
£170K11/220.36 mi1, St Philips Road, Manchester, Greater Manchester M18 7ET3
£210K10/210.38 mi21, Claremont Range, Manchester, Greater Manchester M18 7LT3
£150K07/210.38 mi9, Poplar Grove, Manchester, Greater Manchester M18 7EP3
£150K07/210.38 mi9, Poplar Grove, Manchester, Greater Manchester M18 7EP3
£175K12/200.39 mi23, Beresford Crescent, Stockport, Greater Manchester SK5 6NU3
£270K05/220.39 mi26, Beresford Crescent, Stockport, Greater Manchester SK5 6NU3
£237K06/230.39 mi66, Ash Road, Denton, Manchester, Greater Manchester M34 2NH3
£236K04/210.39 mi1087, Hyde Road, Manchester, Greater Manchester M18 7LN3
£205K11/220.4 mi12, Hinstock Crescent, Manchester, Greater Manchester M18 8UU3
£224.5K07/240.4 mi11, Hinstock Crescent, Manchester, Greater Manchester M18 8UU3
£245K02/230.4 mi9, Clumber Road, Manchester, Greater Manchester M18 7LX3
£255K05/240.4 mi10, Clumber Road, Manchester, Greater Manchester M18 7LX3

Local Rents

50 rents from £1K/mo to £3.3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,55012/240.08 mi-3
£1,55012/240.08 mi-3
£1,45002/250.08 mi-3
£1,55006/240.08 miStainton Avenue, Manchester, M183
£1,35012/240.08 mi-3
£1,20005/240.08 miWoodland Avenue, Gorton, Manchester, M18 7HF3
£1,29505/240.17 mi-3
£1,30012/240.19 mi-3
£1,30012/240.26 mi-3
£1,19505/240.26 miMayfield Grove, Manchester, M183
£3,30012/240.26 mi-3
£3,30002/250.26 mi-3
£3,30002/250.26 mi-3
£2,60002/250.26 mi-3
£1,35012/240.27 mi-3
£1,25002/250.27 mi-3
£1,50005/240.3 miRainshaw Lane, Manchester, M183
£1,39002/240.3 mi-3
£1,30005/240.3 mi-3
£1,60005/240.3 mi-3
£1,50002/240.3 mi-3
£1,30009/240.3 mi-3
£1,39012/230.3 mi-3
£1,50005/240.3 miShillingford Road, Manchester, M183
£1,40005/240.3 mi-3
£1,40005/240.3 mi-3
£1,19512/240.31 mi-3
£1,25001/250.31 mi-3
£1,35012/240.33 mi-3
£1,35009/240.35 mi-3
£1,35005/240.36 miFylde Lane, Gorton3
£1,35005/240.37 miFylde Lane, Manchester, M183
£1,19505/240.37 miYeadon Road, Gorton, Manchester3
£1,55012/230.4 mi-3
£1,45002/250.4 mi-3
£1,35003/250.4 mi-3
£1,20009/240.4 miThornley Lane North, Stockport3
£1,49503/250.41 mi-3
£1,30003/250.45 mi-3
£1,05008/240.45 mi-3
£1,20002/250.46 mi-3
£1,00005/240.46 mi Sheerness Street, Gorton, M183
£1,35006/240.48 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.48 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.48 miDorlan Avenue, Gorton, Manchester, M183
£1,64510/240.49 mi-3
£1,60005/240.49 miShillingford Road, Manchester, M183
£1,70005/240.49 mi-3
£1,65012/240.49 mi-3
£1,35012/240.49 mi-3

Links

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.58 miles away

Nearest school

0.20 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+74%

Property History

Listed for £220,000

October 9, 2024

Floor Plans

Description

  • Three Bedroom Terrace Home +
  • Huge Kitchen +
  • Well Presented +
  • Popular Residential Location +
  • Driveway +
  • Loft is boarded with loft ladder and lights! +

A very warm welcome to Dean Road, a THREE BEDROOM TERRACE HOME situated in a popular residential location of GORTON. The ideal FAMILY HOME offering an array of local shops and amenities, excellent transport links and reputable schools nearby, all within a short walking distance. For the commuters, MANCHESTER CITY CENTRE is only a ten-minute drive away. This impressive home briefly comprises of; an inviting entrance hallway, a spacious living room with dining space, an enormous modern kitchen, three generous sized bedrooms and a stunning family bathroom. Externally, the property benefits from a driveway to the front which fits THREE cars on. To the rear you will find a low maintenance garden with a brick-built shed useful for storage. Please call the Reddish branch to arrange a viewing! Do not miss out!

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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