2 Bed Flat, Single Let, Manchester, M16 8AB, £170,000

Cara House, 12 -14 Whalley Road, Manchester, Greater Manchester. M16 8AB - 7 views - 6 months ago

Sold STC
BTL
ROI: 4%
~68 m²
+6 photos

ValuationUndervalued

Sold Prices£95.5K - £640K
Sold Prices/m²£1.5K/m² - £3.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.5K/m²

Value Estimate

£178,386
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£42,500

Stamp Duty & Legal Fees

£6,300

Total Cash In

£48,800

 

 

Cash Out

 

Rent Range

£570 - £1,400

Rent Estimate

£895

Running Costs/mo

£730

Cashflow/mo

£165

Cashflow/yr

£1,977

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £95.5K to £640K, average is £157.5K. £1.5K/m² to £3.8K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£540K02/210.04 mi15, Whalley Road, Manchester, Greater Manchester M16 8AD2
£180K05/230.19 mi32, Abbotside Close, Manchester, Greater Manchester M16 7RP2
£134K05/210.36 mi12, Plainsfield Street, Manchester, Greater Manchester M16 7HB2
£132K11/230.36 mi18, Plainsfield Street, Manchester, Greater Manchester M16 7HB2
£129.9K04/210.39 mi22, Wilcock Street, Manchester, Greater Manchester M16 7DA2
£160K03/230.39 mi6, Wilcock Street, Manchester, Greater Manchester M16 7DA2
£187K05/230.4 mi61, Woodlawn Court, Manchester, Greater Manchester M16 9RL2
£205.5K12/220.4 mi53, Woodlawn Court, Manchester, Greater Manchester M16 9RL2
£195K06/210.4 mi2, Woodlawn Court, Manchester, Greater Manchester M16 9RH2
£160K03/230.43 mi98, Bold Street, Hulme, Manchester, Greater Manchester M15 5QH2
£199.9K03/210.44 mi48, Woodlawn Court, Manchester, Greater Manchester M16 9RJ2
£640K01/240.47 mi26, Stanley Road, Whalley Range, Manchester, Greater Manchester M16 8HS2
£135K07/230.5 mi45, St Mary's Street, Hulme, Manchester, Greater Manchester M15 5WB2
£148K03/230.5 mi33, St Mary's Street, Hulme, Manchester, Greater Manchester M15 5WB2
£134K10/210.5 mi143c, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4JG2
£174K12/230.5 mi159b, Chorlton Road, Manchester, Greater Manchester M15 4JG2
£159.5K11/220.51 mi75, Drayton Street, Manchester, Greater Manchester M15 5LL2
£150K12/220.51 mi41, St Mary's Street, Hulme, Manchester, Greater Manchester M15 5WB2
£144K02/210.51 mi71, Drayton Street, Hulme, Manchester, Greater Manchester M15 5LL2
£144K02/210.51 mi71, Drayton Street, Hulme, Manchester, Greater Manchester M15 5LL2
£134K04/210.51 mi16, Rook Street, Manchester, Greater Manchester M15 5PS2
£162K03/230.51 mi24, Bankwell Street, Hulme, Manchester, Greater Manchester M15 5LN2
£137K03/210.51 mi66, Peregrine Street, Manchester, Greater Manchester M15 5PU2
£142.5K10/230.52 mi26, Chichester Road South, Hulme, Manchester, Greater Manchester M15 5QQ2
£170K03/230.54 mi21, Betsham Street, Manchester, Greater Manchester M15 5JN2
£135K12/230.54 mi12b, Blanchard Street, Manchester, Greater Manchester M15 5PN2
£95.5K01/210.54 mi1, Bold Street, Hulme, Manchester, Greater Manchester M15 5QR2
£127.5K12/200.56 mi52, Hulme High Street, Hulme, Manchester, Greater Manchester M15 5JP2
£125K10/200.56 mi98, Hulme High Street, Manchester, Greater Manchester M15 5JP2
£142K05/210.59 mi56, Chorlton Road, Manchester, Greater Manchester M15 4AU2
£157.5K05/230.6 mi22, Yew Street, Hulme, Manchester, Greater Manchester M15 5YW2
£137K08/210.6 mi28, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4AU2
£142K05/210.6 mi56, Chorlton Road, Manchester, Greater Manchester M15 4AU2
£137.5K11/200.6 mi60, Chorlton Road, Hulme, Manchester, Greater Manchester M15 4AU2
£122.5K05/210.62 mi377a, Stretford Road, Manchester, Greater Manchester M15 4AW2
£157.5K04/210.64 mi15, Shawgreen Close, Manchester, Greater Manchester M15 4DR2
£160K08/230.68 mi1d, Rolls Crescent, Manchester, Greater Manchester M15 5JZ2
£138K07/210.68 mi324a, Stretford Road, Manchester, Greater Manchester M15 5TP2
£165K06/210.71 mi104, Rolls Crescent, Manchester, Greater Manchester M15 5FP2
£140K11/200.71 mi102, Rolls Crescent, Manchester, Greater Manchester M15 5FP2
£165K06/230.74 mi296b, Stretford Road, Manchester, Greater Manchester M15 5TN2
£170K12/200.78 mi12, Woodgate Road, Manchester, Greater Manchester M16 8LX2
£154K07/210.78 mi10, Woodgate Road, Manchester, Greater Manchester M16 8LX2
£215K12/220.78 mi326, City Road, Manchester, Greater Manchester M15 4FA2
£165K02/210.79 mi24, Tomlinson Street, Hulme, Manchester, Greater Manchester M15 5FW2
£168K09/210.8 mi32, Holden Avenue, Manchester, Greater Manchester M16 8TA2
£170K10/200.8 mi57, Holden Avenue, Manchester, Greater Manchester M16 8TA2
£172.5K08/210.8 mi26, Holden Avenue, Manchester, Greater Manchester M16 8TA2
£180K07/240.8 mi42, Holden Avenue, Manchester, Greater Manchester M16 8TA2
£210K08/230.8 mi18, Holden Avenue, Manchester, Greater Manchester M16 8TA2

Local Rents

50 rents from £570/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,25012/240.06 mi-2
£99512/240.06 mi-2
£1,10003/250.06 mi-2
£1,10005/240.06 miUpper Chorlton Road, Manchester, M162
£85006/240.09 mi-2
£85001/250.09 mi-2
£95012/240.11 mi-2
£82501/250.11 mi-2
£82504/250.11 mi-2
£1,20006/240.14 miBurton Place, Manchester, M152
£1,20006/240.15 mi39 Upper Chorlton Road, Whalley Range, Manchester, Greater Manchester. M16 7RW2
£1,19512/240.15 mi-2
£1,25003/250.22 mi-2
£1,20004/250.22 mi-2
£1,20003/240.25 miFlat 23, 6 Anvil Place, Manchester, Greater Manchester, M15 5QL2
£1,20005/240.28 miMerriman St Manchester. M16 7AJ2
£87512/240.29 mi-2
£1,40005/240.29 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M162
£1,30002/240.29 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M162
£1,40002/240.29 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M162
£1,40005/240.29 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M162
£1,40005/240.29 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M162
£1,30005/240.29 miManchester Waters, 1 Pomona Strand, Old Trafford, Manchester, M162
£1,30005/240.29 miManchester Waters, 3 Pomona Strand, Old Trafford, M162
£89506/240.3 miRegent Court, 155-157 Withington Road, Manchester, M162
£1,19503/240.31 miFLAT 40, Queen's Brewery Court, 46 Moss Lane West, Manchester, Greater Manchester, M15 5FB2
£1,09503/240.31 miFlat 18, Queens Brewery Court, 46 Moss Lane West, Manchester, Greater Manchester, M15 5FB2
£1,25005/240.31 miApartment 45, Queen's Brewery Court, 46 Moss Lane West, ManchesterM15 5FB2
£1,19505/240.32 miFlat 1, Queen's Brewery Court, 46 Moss Lane West, Manchester, Greater Manchester, M15 5FB2
£1,15005/240.33 miThe Gallery, Range Road, Whalley Range2
£1,35005/240.33 miRange Road, Manchester, Greater Manchester, M162
£1,05006/240.33 mi2 Alness Road, Whalley Range, Manchester, M162
£1,05005/240.34 miMayfield Road, Whalley Range2
£1,05006/240.34 miMayfield Road, Whalley Range2
£1,14903/250.34 mi-2
£99502/250.35 mi-2
£97504/250.35 mi-2
£1,15005/240.36 miWood Road, Whalley Range, Manchester2
£1,25002/240.37 mi-2
£99505/240.39 mi-2
£99512/240.39 mi-2
£95005/240.4 miWoodlawn Court, Whalley Range, Manchester, M162
£1,30012/240.4 mi-2
£1,15002/250.41 mi-2
£1,05005/240.41 miMayfield Mansions, Whalley Range2
£1,25005/240.42 miBold Street, Hulme, Manchester, Greater Manchester, M152
£1,25005/240.42 miBold Street, Hulme, Manchester2
£57002/250.42 mi-2
£1,00005/240.43 miFlat 4 31, Wellington Road, Manchester, M162
£1,25005/240.43 miBold Street, Hulme, Manchester, M15 5QH2

Local Area Statistics

Population in M16

35,559

Population in Manchester

920,095

Town centre distance

0.38 miles away

Nearest school

0.20 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+36%

Sales demand

Buyer's market

Capital growth (5yrs)

+80%

Property History

Listed for £170,000

October 14, 2024

Description

David Andrews are pleased to present this attractive 2 Bedroom apartment with a balcony. Located on the second floor and kept to a high standard. 2 bedrooms and 2 bathrooms, a good size lounge leading onto the balcony facing a quite leafy road. Off road parking - Secure entry - A fantastic property in a very desirable quite road.

Agent Details

David Andrews Homes Ltd, Manchester

0161 524 8838

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪