3 Bed Flat, Single Let, Manchester, M22 4LX, £190,000
Bradgate Close, Manchester, M22 4LX - 1 views - 6 months ago
Under Offer
Leasehold
BTL
ROI: 8%
~69 m²





+18 photos
ValuationUndervalued
Sold Prices | £140K - £650K |
Sold Prices/m² | £1.3K/m² - £4.1K/m² |
| |
Square Metres | ~69.12 m² |
Price/m² | £2.7K/m² |
Value Estimate | £208,137 |
BMV | 10% |
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £47,500 |
Stamp Duty & Legal Fees | £10,700 |
Total Cash In | £58,200 |
| |
Cash Out | |
Rent Range | £1,200 - £3,865 |
Rent Estimate | £1,250 |
Running Costs/mo | £864 |
Cashflow/mo | £386 |
Cashflow/yr | £4,635 |
ROI | 8% |
Gross Yield | 8% |
Local Sold Prices
28 sold prices from £140K to £650K, average is £262.5K. £1.3K/m² to £4.1K/m², average is £3K/m².
Local Rents
14 rents from £1.2K/mo to £3.9K/mo, average is £1.4K/mo.
Local Area Statistics
Population in M22 | 42,201 |
Population in Manchester | 920,095 |
Town centre distance | 3.57 miles away |
Nearest school | 0.10 miles away |
Nearest train station | 1.21 miles away |
| |
Rental demand | Landlord's market |
Rental growth (12m) | +11% |
Sales demand | Seller's market |
Capital growth (5yrs) | +52% |
Property History
Listed for £190,000
October 16, 2024
Floor Plans

Description
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