2 Bed Terraced House, Single Let, Manchester, M4 5GD, £390,000





ValuationOvervalued
Sold Prices | £115K - £382K |
Sold Prices/m² | £2K/m² - £4.4K/m² |
| |
Square Metres | 53 m² |
Price/m² | £7.4K/m² |
Value Estimate | £200,938£200,938 |
Cashflows
Cash In | |
Purchase Finance | MortgageMortgage |
Deposit (25%) | £97,500£97,500 |
Stamp Duty & Legal Fees | £19,900£19,900 |
Total Cash In | £117,400£117,400 |
| |
Cash Out | |
Rent Range | £730 - £1,950£730 - £1,950 |
Rent Estimate | £915 |
Running Costs/mo | £1,422£1,422 |
Cashflow/mo | £-507£-507 |
Cashflow/yr | £-6,084£-6,084 |
Gross Yield | 3%3% |
Local Sold Prices
22 sold prices from £115K to £382K, average is £237.8K. £2K/m² to £4.4K/m², average is £3.8K/m².
Price | Date | Distance | Address | Price/m² | m² | Beds | Type | |
£215K | 01/21 | 0.36 mi | 29, Livesey Street, Manchester, Greater Manchester M4 5HF | £2,756 | 78 | 2 | Terraced House | |
£358K | 03/24 | 0.45 mi | 15, New Islington, Manchester, Greater Manchester M4 6HF | £3,768 | 95 | 2 | Terraced House | |
£360K | 03/21 | 0.45 mi | 15, New Islington, Manchester, Greater Manchester M4 6HF | £3,789 | 95 | 2 | Terraced House | |
£365K | 04/21 | 0.45 mi | 17, Lockyard Lane, Manchester, Greater Manchester M4 6JN | £3,842 | 95 | 2 | Terraced House | |
£365K | 02/21 | 0.45 mi | 29, Lockyard Lane, Manchester, Greater Manchester M4 6JN | £3,842 | 95 | 2 | Terraced House | |
£382K | 03/22 | 0.46 mi | 19, Lockyard Lane, Manchester, Greater Manchester M4 6JN | £4,021 | 95 | 2 | Terraced House | |
£225K | 05/22 | 0.54 mi | 2, Troutbeck Avenue, Manchester, Greater Manchester M4 7JG | £3,329 | 68 | 2 | Terraced House | |
£265K | 08/22 | 0.54 mi | 5, Thomas Telford Basin, Manchester, Greater Manchester M1 2NH | £4,349 | 61 | 2 | Terraced House | |
£243K | 11/23 | 0.77 mi | 70, Holland Street, Manchester, Greater Manchester M40 7DF | £3,681 | 66 | 2 | Terraced House | |
£122K | 09/22 | 0.79 mi | 81, Pink Bank Lane, Manchester, Greater Manchester M12 5GR | - | - | 2 | Terraced House | |
£233.5K | 03/22 | 0.8 mi | 12, Evans Street, Salford, Greater Manchester M3 7GE | - | - | 2 | Terraced House | |
£261K | 09/22 | 0.8 mi | 6, Evans Street, Salford, Greater Manchester M3 7GE | £4,279 | 61 | 2 | Terraced House | |
£262K | 06/22 | 0.8 mi | 28, Evans Street, Salford, Greater Manchester M3 7GE | £4,441 | 59 | 2 | Terraced House | |
£217.5K | 01/21 | 0.8 mi | 14, Evans Street, Salford, Greater Manchester M3 7GE | £3,750 | 58 | 2 | Terraced House | |
£190K | 11/21 | 0.84 mi | 95, Ridgway Street, Manchester, Greater Manchester M40 7DS | - | - | 2 | Terraced House | |
£220K | 08/21 | 0.84 mi | 5, Gurney Street, Manchester, Greater Manchester M4 7DZ | £3,860 | 57 | 2 | Semi-Detached House | |
£220K | 08/21 | 0.84 mi | 5, Gurney Street, Manchester, Greater Manchester M4 7DZ | £3,860 | 57 | 2 | Semi-Detached House | |
£115K | 09/20 | 0.85 mi | 13, Towcester Close, Manchester, Greater Manchester M4 7FB | £2,018 | 57 | 2 | Semi-Detached House | |
£260K | 10/22 | 0.86 mi | 23, Pattishall Close, Manchester, Greater Manchester M4 7DU | £2,889 | 90 | 2 | Terraced House | |
£242K | 10/22 | 0.87 mi | 42, Tutbury Street, Manchester, Greater Manchester M4 7DG | - | - | 2 | Terraced House | |
£205K | 03/21 | 0.95 mi | 202, Varley Street, Manchester, Greater Manchester M40 7EJ | £2,929 | 70 | 2 | Terraced House | |
£220K | 09/21 | 0.96 mi | 17, Picton Close, Salford, Greater Manchester M3 6BE | £3,793 | 58 | 2 | Terraced House |
Local Rents
50 rents from £730/mo to £1.9K/mo, average is £1.5K/mo.
Rent | Date | Distance | Address | Beds | Type | |
£1,950 | 02/25 | 0 mi | - | 2 | Flat | |
£1,550 | 05/24 | 0.01 mi | New Cross Central, M2 | 2 | Flat | |
£1,550 | 05/24 | 0.01 mi | New Cross Central, M4 | 2 | Flat | |
£1,475 | 05/24 | 0.03 mi | 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,500 | 05/24 | 0.03 mi | 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,560 | 05/24 | 0.03 mi | 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,400 | 05/24 | 0.03 mi | 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,565 | 05/24 | 0.03 mi | 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,595 | 05/24 | 0.03 mi | 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,575 | 05/24 | 0.03 mi | 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,375 | 05/24 | 0.03 mi | 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,550 | 05/24 | 0.03 mi | 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,585 | 05/24 | 0.03 mi | 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,640 | 05/24 | 0.03 mi | Apt 40, Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,500 | 02/25 | 0.03 mi | - | 2 | Flat | |
£1,350 | 05/24 | 0.04 mi | Skyline Central 1, 50 Goulden Street, Manchester City Centre, M4 | 2 | Flat | |
£1,350 | 06/24 | 0.04 mi | Skyline Central 1, 49 Goulden Street, Manchester City Centre, M4 | 2 | Flat | |
£1,350 | 12/24 | 0.04 mi | Skyline Central, 50 Goulden Street, Manchester, M4 | 2 | Flat | |
£1,500 | 05/24 | 0.04 mi | Mason Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,350 | 05/24 | 0.04 mi | 32 Mason Street, M4 | 2 | Flat | |
£1,640 | 03/24 | 0.05 mi | Poplin 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,560 | 05/24 | 0.05 mi | 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,605 | 05/24 | 0.05 mi | Apt 13, Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,620 | 05/24 | 0.05 mi | Apt 40, Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,720 | 06/24 | 0.05 mi | Apt103, 2 Addington Street | 2 | Flat | |
£1,625 | 12/24 | 0.05 mi | Apt04, Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,500 | 01/25 | 0.05 mi | 00113, 2 Addington Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,500 | 05/24 | 0.06 mi | Mason Street, Manchester | 2 | Flat | |
£1,500 | 05/24 | 0.06 mi | New Cross Central, Marshall Street Manchester M4 | 2 | Flat | |
£1,300 | 05/24 | 0.06 mi | Spinners Mill, 4 Hatter Street, Northern Quarter, Manchester, M4 | 2 | Flat | |
£1,250 | 05/24 | 0.06 mi | Spinners Mill, 4 Hatter Street, Northern Quarter, Manchester, M4 | 2 | Flat | |
£1,100 | 05/24 | 0.07 mi | Spinners Mill, 4 Hatter St | 2 | Flat | |
£1,200 | 05/24 | 0.07 mi | The Cartwright, Spinners Mill | 2 | Flat | |
£1,500 | 05/24 | 0.07 mi | Broadside, Oldham Road M4 | 2 | Flat | |
£1,400 | 02/25 | 0.07 mi | - | 2 | Flat | |
£1,450 | 03/24 | 0.07 mi | Broadside, Oldham Road, M4 | 2 | Flat | |
£1,550 | 05/24 | 0.07 mi | Broadside, Oldham Road, M4 | 2 | Flat | |
£1,575 | 03/24 | 0.07 mi | Broadside, Oldham Road M4 | 2 | Flat | |
£730 | 02/24 | 0.08 mi | - | 2 | Flat | |
£1,600 | 05/24 | 0.08 mi | Flat 811, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,280 | 05/24 | 0.08 mi | Flat 220, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,500 | 05/24 | 0.08 mi | Flat 809, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,650 | 06/24 | 0.08 mi | Flat 1111, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,500 | 06/24 | 0.08 mi | Flat 509, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,650 | 06/24 | 0.08 mi | Flat 1211, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,500 | 06/24 | 0.08 mi | Flat 709, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,550 | 06/24 | 0.08 mi | Flat 419, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,500 | 12/24 | 0.08 mi | Flat 909, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,550 | 12/24 | 0.08 mi | Flat 217, Swan Street House, 70 Swan Street, Manchester, Greater Manchester, M4 | 2 | Flat | |
£1,100 | 05/24 | 0.08 mi | Apartment 402 6 Oldham Road, Manchester, M4 | 2 | Flat |
Local Area Statistics
Population in M4 | 10,60010,600 |
Population in Manchester | 920,095920,095 |
Town centre distance | 2.24 miles away2.24 miles away |
Nearest school | 0.40 miles away0.40 miles away |
Nearest train station | 0.39 miles away0.39 miles away |
| |
Rental demand | Landlord's marketLandlord's market |
Rental growth (12m) | +33%+33% |
Sales demand | Buyer's marketBuyer's market |
Capital growth (5yrs) | +3%+3% |
Property History
Listed for £390,000
October 12, 2024
Floor Plans

Description
- Being Sold By GOTO Online Auction +
- Buy-It-Now Option Available +
- Buyer’S Fees Apply +
- Modern Kitchen With Integrated Appliances +
- Beautifully Presented Two Bedroom Apartment +
- Fantastic Outdoor Terrace Space +
- Open Plan Living +
- Master With En-Suite +
- Superb Location In The Heart Of Manchester +
The Property
THE GOTO GROUP ARE PLEASED TO OFFER FOR SALE VIA ON LINE AUCTION THIS TWO BEDROOM APPARTMENT IN MANCHESTER
A vibrant development that puts community at its heart! With Manchester's city centre and Ancoats right on your doorstep, you'll have a wide range of independent shops, restaurants, and bars to choose from.
The property briefly comprises upon entry a stylish living room, kitchen and dining space, all finished to an excellent standard. The kitchen comes with built in appliances whilst and a range of contemporary fitted wall and base units.
Completing this beautiful apartment is two great sized bedrooms with the master having an en-suite facility, and a bathroom.
Externally there is a fantastic outdoor terrace, which is the perfect space for entertaining family and friends.
Leasehold Information: 250 years less 30 days from 26 April 2017
Addington Street positioned close to the norther quarter Northern Quarter and Ancoats, in the emerging New Cross district. Manchester Victoria Station is a short distance (0.4m) allowing quick and easy access to train and tram links.
The Arndale is also situated nearby (0.3m) which provides an array of grocery, food and beverage options within easy reach.
For sport and entertainment. Manchester's famous football stadiums Old Trafford (home to Manchester United) and the Etihad (home to Manchester City) are 3.3m and 1.6m away respectively.
Material information:
The information above has been provided by the vendor, agent and GOTO Group and may not be accurate. Please refer to the property’s Legal Pack. (You can download this once you have registered your interest against the property). This pack provides material information which will help you make an informed decision before proceeding. It may not yet include everything you need to know so please make sure you do your own due diligence as well.
Property Description
Being Sold by GOTO Online Auction
Starting Bids from £390,000
Buy it now option available
Please call or visit Purplebricks Online Auctions for more information.
This property is for sale by Online Auction. The Online Modern Method of Auction is a flexible buyer friendly method of purchase. The purchaser will have 56 working days to exchange and complete once the draft contract has been received by the buyer’s solicitor (or 10 working days after receipt of the buyer’s premium, whichever is earlier). Allowing the additional time to exchange and complete on the property means interested parties can proceed with traditional residential finance. Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to put down a non-refundable reservation fee called a Buyer’s Premium. This secures the transaction and takes the property off the market. The buyer will be required to agree to our terms and conditions prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found on the online Auction website or requested from our Auction Department.
Please note this property is subject to an undisclosed Reserve Price which is typically no more than 10% in excess of the Starting Bid. Both the Starting Bid and Reserve Price can be subject to change. Our primary duty of care is to the vendor. Terms and conditions apply to the Modern Method of Auction, which is operated by GOTO Auctions.
To book a viewing visit Purplebricks.
Specification
Auctioneer's Comments
This property is for sale by Online Auction which is a flexible and buyer friendly method of purchase. The purchaser will not be exchanging contracts on the fall of the virtual hammer but will be given 56 working days in which to complete the transaction, from the date the Draft Contract is issued by the seller’s solicitor. By giving a buyer time to exchange contracts on the property, means normal residential finance can be arranged.
The Buyer’s Premium secures the transaction and takes the property off the market. Fees paid to the Auctioneer reserve the property to the buyer during the Reservation Period and are paid in addition to the purchase price and are considered within calculations for Stamp Duty Land Tax. Further clarification on this must be sought from your legal representative. The buyer will be required to sign a Reservation form to confirm acceptance of terms prior to solicitors being instructed. Copies of the Reservation form and all terms and conditions can be found in the Legal Pack which can be downloaded for free from our website or requested from our Auction Department.
Buyer Fees
Upon close of a successful auction or if the vendor accepts an offer during the auction, the buyer will be required to make payment of a non-refundable Buyer’s Premium of 3.6% of the purchase price including VAT (this is subject to a minimum amount of £6,600 including VAT) and a Legal Pack fee of £396 including VAT. This secures the transaction and takes the property off the market.
Stamp Duty Land Tax (SDLT) is applicable if you buy a property or land over a certain price in England, Wales or Northern Ireland.
Property ownership information
Ground rent review period: No review period
Service charge review period: No review period
Lease end date: 22/04/2267
Property Description Disclaimer
This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.
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