3 Bed Semi-Detached House, Refurb/BRRR, Manchester, M41 6LL, £300,000

Rothiemay Road, Flixton, M41 6LL - 6 views - 6 months ago

Under Offer
Refurb/BRRR
ROI: 5%
~93 m²
+13 photos

ValuationUndervalued

Sold Prices£227K - £600K
Sold Prices/m²£2.3K/m² - £9.1K/m²

 

 

Square Metres

~93 m²
Price/m²£3.2K/m²

Value Estimate

£317,449

 

 

End Value (After Refurb)

£350,586

Uplift in Value

+8%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£14,700

Refurb Costs

£39,300

Bridging Loan Interest

£7,875

Total Cash In

£138,625

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£350,586

Mortgage (After Refinance)

£262,939

Mortgage LTV

75%

Cash Released

£37,939

Cash Left In

£100,686

Equity

£87,646

Rent Range

£1,100 - £4,550

Rent Estimate

£2,198

Running Costs/mo

£1,555

Cashflow/mo

£643

Cashflow/yr

£7,714

ROI

6%

Gross Yield

9%

Local Sold Prices

50 sold prices from £227K to £600K, average is £324.5K. £2.3K/m² to £9.1K/m², average is £3.5K/m².

PriceDateDistanceAddressBeds 
£365K04/210.05 mi13, Hodnett Avenue, Urmston, Manchester, Greater Manchester M41 6LQ3
£303K10/210.05 mi24, Whitegate Park, Urmston, Manchester, Greater Manchester M41 6LW3
£550K08/230.05 mi54, Whitegate Park, Urmston, Manchester, Greater Manchester M41 6LW3
£325K01/230.07 mi35, Rothiemay Road, Urmston, Manchester, Greater Manchester M41 6LL3
£330K11/220.1 mi48, Millford Avenue, Urmston, Manchester, Greater Manchester M41 6JZ3
£340K10/210.1 mi56, Millford Avenue, Urmston, Manchester, Greater Manchester M41 6JZ3
£370K11/200.12 mi6, Millford Avenue, Urmston, Manchester, Greater Manchester M41 6JX3
£390K11/210.12 mi16, Millford Avenue, Urmston, Manchester, Greater Manchester M41 6JX3
£450K01/230.13 mi29, Irlam Road, Urmston, Manchester, Greater Manchester M41 6JR3
£295K03/210.16 mi26, Holly House Drive, Urmston, Manchester, Greater Manchester M41 6QS3
£325K05/230.17 mi1, The Avenue, Urmston, Manchester, Greater Manchester M41 6GT3
£287K11/200.18 mi31, Brooklyn Avenue, Urmston, Manchester, Greater Manchester M41 6PE3
£293K03/210.18 mi22, Brooklyn Avenue, Urmston, Manchester, Greater Manchester M41 6PE3
£284K10/230.2 mi20, Devon Road, Urmston, Manchester, Greater Manchester M41 6PN3
£372K09/230.2 mi4, Devon Road, Urmston, Manchester, Greater Manchester M41 6PN3
£460K10/200.2 mi11, Brooklyn Avenue, Urmston, Manchester, Greater Manchester M41 6PF3
£280K08/210.2 mi28, Goldsworthy Road, Urmston, Manchester, Greater Manchester M41 8TX3
£391.6K11/200.22 mi57, Overdale Crescent, Urmston, Manchester, Greater Manchester M41 5GR3
£318.5K03/210.22 mi44, Wibbersley Park, Urmston, Manchester, Greater Manchester M41 6JQ3
£338K03/210.23 mi45, Parsonage Road, Urmston, Manchester, Greater Manchester M41 6QN3
£375K07/230.23 mi53, Ambleside Road, Urmston, Manchester, Greater Manchester M41 6QX3
£335K03/230.24 mi25, Bromley Avenue, Urmston, Manchester, Greater Manchester M41 6HZ3
£379K11/220.25 mi36, Wibbersley Park, Urmston, Manchester, Greater Manchester M41 6JQ3
£600K06/210.26 mi79, Marlborough Road, Urmston, Manchester, Greater Manchester M41 5QP3
£425K07/230.26 mi59, Marlborough Road, Urmston, Manchester, Greater Manchester M41 5QP3
£273K04/210.27 mi4, Hampstead Avenue, Urmston, Manchester, Greater Manchester M41 6HY3
£335K08/210.28 mi46, Derwent Road, Urmston, Manchester, Greater Manchester M41 8UA3
£270K01/210.28 mi38, Lansdowne Road North, Urmston, Manchester, Greater Manchester M41 6QG3
£310K12/200.31 mi9, Cecil Drive, Urmston, Manchester, Greater Manchester M41 8UW3
£310K08/230.31 mi2, Cecil Drive, Urmston, Manchester, Greater Manchester M41 8UW3
£249.9K06/210.32 mi23, Woodsend Road, Urmston, Manchester, Greater Manchester M41 8QY3
£279K03/230.32 mi23, Woodsend Road, Urmston, Manchester, Greater Manchester M41 8QY3
£375K09/230.33 mi104, Merwell Road, Urmston, Manchester, Greater Manchester M41 6PR3
£290K03/210.33 mi104, Merwell Road, Urmston, Manchester, Greater Manchester M41 6PR3
£249.5K05/210.33 mi84, Merwell Road, Urmston, Manchester, Greater Manchester M41 6PR3
£320K12/220.34 mi322, Church Road, Urmston, Manchester, Greater Manchester M41 6HR3
£324K07/210.34 mi64, Whitelake Avenue, Urmston, Manchester, Greater Manchester M41 5QN3
£405K06/230.34 mi34, Whitelake Avenue, Urmston, Manchester, Greater Manchester M41 5QN3
£340K06/230.34 mi8, Vale Avenue, Urmston, Manchester, Greater Manchester M41 6PQ3
£285K12/200.34 mi20, Windsor Avenue, Urmston, Manchester, Greater Manchester M41 5GP3
£227K09/210.34 mi88, Carrington Road, Urmston, Manchester, Greater Manchester M41 6HX3
£280K03/210.34 mi12, Carrington Road, Urmston, Manchester, Greater Manchester M41 6HX3
£325.5K12/200.34 mi66, Whitelake Avenue, Urmston, Manchester, Greater Manchester M41 5QN3
£324K06/210.34 mi33, Delamere Road, Urmston, Manchester, Greater Manchester M41 5GL3
£295K10/200.34 mi17, Delamere Road, Urmston, Manchester, Greater Manchester M41 5GL3
£320K12/230.34 mi13, Delamere Road, Urmston, Manchester, Greater Manchester M41 5GL3
£330K12/200.36 mi5, Lawrence Road, Urmston, Manchester, Greater Manchester M41 8UN3
£324K05/230.36 mi3, Aldermere Crescent, Urmston, Manchester, Greater Manchester M41 8UE3
£325K06/230.36 mi36, Delamere Road, Urmston, Manchester, Greater Manchester M41 5QL3
£285K09/230.36 mi28, Delamere Road, Urmston, Manchester, Greater Manchester M41 5QL3

Local Rents

13 rents from £1.1K/mo to £4.5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,40007/240.15 mi16 Ambleside Road, M41 6PH3
£4,55006/240.15 mi-3
£4,55007/240.15 mi-3
£4,55011/240.15 mi-3
£1,30012/230.23 mi-3
£1,60007/240.3 miDerwent Road, Flixton, Trafford, M413
£1,65007/240.31 miCecil Drive, M413
£1,70007/240.37 miBishop Road, Urmston, M41 8QU3
£1,70008/240.37 miBishop Road, Urmston, M41 8QU3
£1,70008/240.37 miBishop Road, Urmston, M41 8QU3
£1,10005/240.45 miAlderley Road, Urmston, Manchester3
£1,49505/240.51 miBrook Road, Flixton, Trafford, M413
£1,35012/240.54 mi-3

Local Area Statistics

Population in M41

41,397

Population in Manchester

920,095

Town centre distance

5.60 miles away

Nearest school

0.30 miles away

Nearest train station

0.20 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+33%

Sales demand

Seller's market

Capital growth (5yrs)

+38%

Property History

Price changed to £300,000

March 28, 2025

Price changed to £315,000

December 26, 2024

Listed for £325,000

October 14, 2024

Floor Plans

Description

  • No Chain +
  • Period Features +
  • Detached garage +
  • Off Road parking for several cars +
  • Mature Garden +
  • In need of modernisation +
  • Close to train station +
  • Close to Amenities +
  • In catchment for +

*NO CHAIN* Trading Places Estate Agents are pleased to offer for sale a charming original 1930's bay fronted three bedroom semi-detached property on a quiet and sought after tree lined road in Flixton which now is in need of some modernisation. This property has been extended to provide an extra downstairs shower room. In brief the accommodation comprises; a warm and welcoming entrance hallway, a light and spacious 24ft bay fronted living room with dining area, downstairs shower room and a fitted kitchen with access out into the rear garden. To the first floor there are three well-proportioned bedrooms and a three piece family bathroom. Externally, to the front property, a paved driveway provides off road parking for multiple vehicles. To the rear, an enclosed mainly lawned SOUTH FACING garden can be found alongside a paved patio area suitable for a table and chairs during those summer months and a single garage. Further benefits of this attractive property include a gas combination boiler and uPVC double glazing throughout. The location of Rothiemay Road is convenient for high regarded local schools, amenities and is within easy reach of the M60 Motorway and the Trafford Centre.

Agent Details

Trading Places, Urmston

0161 524 7890

Next Steps?

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