2 Bed Flat, Single Let, Manchester, M19 2QZ, £165,000

Lloyd Road Apartment , Levenshulme, M19 2QZ - 4 views - 6 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+2 photos

ValuationOvervalued

Sold Prices£70K - £290K
Sold Prices/m²£1.6K/m² - £3.9K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£153,250

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£6,150

Total Cash In

£47,400

 

 

Cash Out

 

Rent Range

£895 - £1,500

Rent Estimate

£900

Running Costs/mo

£716

Cashflow/mo

£184

Cashflow/yr

£2,213

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £70K to £290K, average is £136.5K. £1.6K/m² to £3.9K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£145K06/220.5 mi2, Higher Meadows, Levenshulme, Manchester, Greater Manchester M19 3BQ2
£130K04/210.59 mi35, Tarvin Avenue, Stockport, Greater Manchester SK4 5LG2
£197K05/230.67 miFlat 307, Houldsworth Mill, Waterhouse Way, Reddish, Stockport, Greater Manchester SK5 6DD2
£75K02/230.69 mi5, Moorton Avenue, Manchester, Greater Manchester M19 2NQ2
£115K03/210.75 mi1a, Avon Road, Manchester, Greater Manchester M19 1HP2
£108.5K01/210.76 miFlat 112, Victoria Mill, Houldsworth Street, Reddish, Stockport, Greater Manchester SK5 6AX2
£200K01/230.76 miFlat 172, Victoria Mill, Houldsworth Street, Reddish, Stockport, Greater Manchester SK5 6AX2
£142K10/210.77 mi146a, Burnage Lane, Manchester, Greater Manchester M19 1EF2
£70K03/230.83 miFlat 246, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£71.5K10/200.84 miFlat 232, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£85K09/220.84 miFlat 231, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£80K03/210.84 miFlat 238, Ferguson Court, Acorn Close, Manchester, Greater Manchester M19 2HS2
£128K08/210.85 mi9, Alston Gardens, Manchester, Greater Manchester M19 1DW2
£205K03/210.89 miFlat 4, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ2
£200K03/210.89 miFlat 12, Lea Court, Heaton Moor Road, Stockport, Greater Manchester SK4 4PZ2
£130K03/230.97 miFlat 4, Park Lodge, Park Avenue, Levenshulme, Manchester, Greater Manchester M19 2EE2
£123K03/230.98 miFlat 28, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£135K04/220.98 miFlat 36, Warwick House, Central Avenue, Manchester, Greater Manchester M19 2FF2
£90K01/211 mi60a, Gorton Road, Stockport, Greater Manchester SK5 6AH2
£155K03/211.04 miFlat 9, Church Manor, Stanley Road, Stockport, Greater Manchester SK4 4HL2
£187K09/211.11 mi9, Clifton Court, Stockport, Greater Manchester SK4 4DB2
£133K07/231.11 mi137, Rawsthorne Avenue, Manchester, Greater Manchester M18 7GA2
£102K10/211.11 mi79, Rawsthorne Avenue, Manchester, Greater Manchester M18 7GA2
£103K01/211.12 mi77, Broadlea Road, Manchester, Greater Manchester M19 1EG2
£179K04/231.26 mi30a, Sunnybank Avenue, Stockport, Greater Manchester SK4 3PR2
£138K03/231.26 mi37, Broomfield Drive, Stockport, Greater Manchester SK5 7DR2
£128K08/221.29 mi15, Oakland Avenue, Manchester, Greater Manchester M19 1LB2
£195K11/201.29 mi206b, Heaton Moor Road, Stockport, Greater Manchester SK4 4DU2
£120K11/211.34 mi33, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ2
£105K03/211.34 mi51, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ2
£148K09/221.34 mi57, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ2
£125K06/221.35 mi41, Cravenwood Road, Reddish, Stockport, Greater Manchester SK5 6PQ2
£290K06/211.37 mi28, Colchester Place, Stockport, Greater Manchester SK4 2NY2
£168K01/231.37 mi22, Whimberry Way, Withington, Manchester, Greater Manchester M20 4SG2
£191K12/221.39 mi72, Briarfield Road, Manchester, Greater Manchester M20 4SS2
£147.5K12/201.4 mi93, Parrs Wood Road, Manchester, Greater Manchester M20 4SH2
£152.5K12/201.4 mi51, Parrs Wood Road, Manchester, Greater Manchester M20 4SH2
£103K11/201.42 mi32, Totland Close, Manchester, Greater Manchester M12 5RY2
£195K05/211.44 mi3, Beaminster Court, Stockport, Greater Manchester SK4 3HY2
£144K10/211.45 mi36e, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£184.9K05/231.46 mi56g, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£167.5K05/211.46 mi56f, Norris Hill Drive, Stockport, Greater Manchester SK4 2NR2
£130K08/211.47 mi40, Stitch Lane, Stockport, Greater Manchester SK4 2LS2
£188K09/231.47 mi145, Parrs Wood Road, Manchester, Greater Manchester M20 4RS2
£130.5K03/211.47 miFlat 3, Lees Hall Court, Lees Hall Crescent, Manchester, Greater Manchester M14 6YP2
£285K04/211.55 mi8, March Avenue, Stockport, Greater Manchester SK4 2LB2
£166K09/211.59 mi18, West Meadow, Stockport, Greater Manchester SK5 6XR2
£127K12/211.59 mi19, West Meadow, Stockport, Greater Manchester SK5 6XR2
£140K09/221.59 mi23, West Meadow, Stockport, Greater Manchester SK5 6XR2
£129K05/231.59 miFlat 7, Delamere House, Brook Road, Manchester, Greater Manchester M14 6UJ2

Local Rents

36 rents from £895/mo to £1.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£95012/240.03 mi-2
£95012/240.03 mi-2
£95003/250.03 mi-2
£90004/250.03 mi-2
£1,20005/240.24 mi20 Henderson Street, Manchester, M192
£1,30005/240.24 miHani Wells, M19 2GY2
£1,25003/250.28 mi-2
£1,35005/240.28 miWatts Street, Levenshulme, Manchester, M192
£1,35005/240.28 miWatts Street, Levenshulme, Manchester, M192
£95005/240.29 miBowler Street, Levenshulme2
£90006/240.29 miBowler Street, Levenshulme2
£1,19512/240.3 mi-2
£1,00011/240.3 mi-2
£1,20006/240.31 miKingsmill Avenue, Manchester, M192
£90005/240.31 miBroom Lane, Levenshule, Manchester, M192
£1,50012/240.32 mi-2
£1,20003/250.35 mi-2
£1,20012/240.35 mi-2
£1,29512/240.38 mi-2
£1,20006/240.39 mi-2
£1,10005/240.41 miHenderson Street, Levenshulme, Manchester, M192
£1,20009/240.47 miBlackbrook Road, Heaton Chapel2
£1,20005/240.49 miGreenway Avenue, Levenshulme, Manchester, M192
£1,20011/240.5 mi-2
£1,35812/240.52 mi-2
£1,10001/240.54 mi-2
£1,00008/240.56 miCarnforth Road SK42
£1,00002/250.56 mi-2
£1,15005/240.56 miFernleigh Avenue, Manchester, M192
£1,27507/240.59 mi-2
£1,29502/250.59 mi-2
£99508/240.6 miTarvin Avenue, Heaton Chapel, Stockport, SK42
£1,20008/240.6 mi-2
£1,25001/250.6 mi-2
£89508/240.61 miSchool Lane, Stockport, Cheshire, SK42
£1,20002/250.61 mi-2

Local Area Statistics

Population in M19

34,838

Population in Manchester

920,095

Town centre distance

3.13 miles away

Nearest school

0.40 miles away

Nearest train station

0.69 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Listed for £165,000

October 10, 2024

Floor Plans

Description

  • Move In Ready +
  • Two Bedrooms +
  • Gated Off Road Parking +
  • Fantastic Location +
  • Excellent Transport Links +

An opportunity to purchase a fantastic two bedroom apartment on the upper floor of a desirable modern development. The property has been well maintained by the current owner and is presented to an excellent standard throughout. The accommodation comprises of; entrance hallway, Stylish open plan lounge, fully fitted kitchen, two well proportioned bedrooms and a contemporary three piece bathroom with shower over bath. The property further benefits from residents parking.

Ideally positioned to take advantage of some excellent local amenities, schools and transport links, including easy access to major bus routes, tram, rail and the M60 motorway network.

Agent Details

Edward Mellor Ltd, Levenshulme

0161 524 5302

Next Steps?

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