2 Bed Flat, Single Let, Manchester, M22 9AL, £132,500

Sandycroft Avenue, Brownley Green, Manchester, Greater Manchester, M22 9AL - 5 views - 6 months ago

Leasehold
BTL
ROI: 12%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£86.5K - £185K
Sold Prices/m²£1.5K/m² - £2.7K/m²

 

 

Square Metres

~68.11 m²
Price/m²£1.9K/m²

Value Estimate

£149,839
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£33,125

Stamp Duty & Legal Fees

£5,325

Total Cash In

£38,450

 

 

Cash Out

 

Rent Range

£900 - £1,350

Rent Estimate

£1,050

Running Costs/mo

£644

Cashflow/mo

£406

Cashflow/yr

£4,871

ROI

13%

Gross Yield

10%

Local Sold Prices

22 sold prices from £86.5K to £185K, average is £138.7K. £1.5K/m² to £2.7K/m², average is £2.3K/m².

PriceDateDistanceAddressBeds 
£110K05/230.47 mi18, Ardmore Walk, Manchester, Greater Manchester M22 5QG2
£131K11/200.47 mi16, Ardmore Walk, Manchester, Greater Manchester M22 5QG2
£137.5K05/230.47 mi20, Ardmore Walk, Manchester, Greater Manchester M22 5QG2
£135K09/230.48 mi48, Studland Road, Manchester, Greater Manchester M22 5AN2
£97K05/230.56 mi41, Calve Croft Road, Manchester, Greater Manchester M22 5FY2
£150K02/230.61 mi4, Fenside Road, Manchester, Greater Manchester M22 4WZ2
£158K08/230.64 mi2, Knowe Avenue, Manchester, Greater Manchester M22 0FG2
£160K12/220.67 mi52, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS2
£170K10/220.67 mi42, Starling Close, Manchester, Greater Manchester M22 4XS2
£139.9K10/210.67 mi102, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS2
£165K07/230.67 mi80, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS2
£166.5K04/230.67 mi46, Starling Close, Sharston, Manchester, Greater Manchester M22 4XS2
£86.5K12/200.69 mi53, Longhope Road, Manchester, Greater Manchester M22 1UP2
£118K11/220.69 mi21, Longhope Road, Manchester, Greater Manchester M22 1UP2
£120K10/210.7 mi32, Beamsley Drive, Manchester, Greater Manchester M22 1TZ2
£110K09/230.72 mi104, Cotefield Road, Manchester, Greater Manchester M22 1UG2
£150K11/230.74 mi13, Flaxwood Walk, Manchester, Greater Manchester M22 9RW2
£185K03/240.75 mi11, Brayford Road, Manchester, Greater Manchester M22 0NS2
£165K02/230.82 mi25, Pepper Close, Manchester, Greater Manchester M22 4JZ2
£130K11/200.82 mi21, Pepper Close, Manchester, Greater Manchester M22 4JZ2
£130K05/210.82 mi31, Pepper Close, Manchester, Greater Manchester M22 4JZ2
£146K12/220.94 mi2, Bude Walk, Manchester, Greater Manchester M23 1PG2

Local Rents

17 rents from £900/mo to £1.4K/mo, average is £1K/mo.

RentDateDistanceAddressBeds 
£1,00006/240 miSandycroft Avenue, Manchester, M222
£95005/240 miSandycroft Avenue, Wythenshawe2
£90004/250.06 mi-2
£1,35004/250.06 mi-2
£95006/240.07 miActonville Avenue, Wythenshawe2
£1,10002/250.08 mi-2
£95005/240.11 miFlat 16 2, Actonville Avenue, Manchester, M222
£97502/250.41 mi-2
£1,15005/240.46 miStancliffe Road, Manchester, Greater Manchester, M222
£99505/240.47 miArdmore Walk, Peel Estate, Manchester2
£95005/240.49 miArdmore Walk, Manchester, M222
£1,00012/240.52 mi-2
£1,10005/240.53 miSummerfield Road, Wythenshawe, Manchester, M222
£1,20005/240.54 miHaslington Drive; Wythenshawe; M222
£1,15005/240.56 miTurnbury Road, Sharston, Manchester, M22 4ZB2
£1,05005/240.56 mi21 Broadoak Drive, Manchester, Greater Manchester, M222
£1,15005/240.62 miFenside Road, Manchester2

Local Area Statistics

Population in M22

42,201

Population in Manchester

920,095

Town centre distance

4.96 miles away

Nearest school

0.30 miles away

Nearest train station

0.04 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+11%

Sales demand

Seller's market

Capital growth (5yrs)

+52%

Property History

Price changed to £132,500

March 28, 2025

Price changed to £134,995

March 8, 2025

Listed for £137,500

October 17, 2024

Floor Plans

Description

  • Ideal for investor (current £1,050 per month) or a first time buy +
  • Close to transport links +
  • Gas fired central heating +
  • uPVC double glazed windows +
  • Entry phone system +
  • Main bedroom with en-suite wc +
  • Bathroom/wc +
  • Loft space +
  • Designated & gated parking +
  • Communal lift +

Ideal first time or investor buy, this two bedroomed third floor apartment with loft space is located in a convenient location. The property offers entrance hall, lounge open to fitted kitchen, main bedroom with en-suite wc, further bedroom, bathroom/wc and a communal car park. The apartment is conveniently situated for a wide range of facilities including transport links to surrounding areas by private/public operators, Metrolink system, motorway access points, air travel from Manchester International Airport (including rail connections). Local shops are available at Civic Centre and leisure facilities are available at The Forum and The Woodhouse Park Lifestyle Centre. Manchester and Stockport are some nine/six miles distant respectively, both offer a wide range of leisure/entertainment/recreational opportunities, bars, bistros, department/superstores, theatres, galleries, exhibitions and restaurants. A fine apartment in a convenient location, call our Heald Green Office for an appointment to view.

Directions
From our Heald Green Office proceed along Finney Lane into Simonsway, turn right at the traffic lights onto Brownley Road, at the next set of traffic lights turn left onto Poundswick Lane, turn right onto Woodhouse Lane, first right onto Sandycroft Avenue where the apartments will be found on the right hand side.

Accommodation
Communal entrance porch
Entry phone system, door to:

Communal entrance hall
Lift and stairs to all floors, individual post boxes, power points.

Door to:
Entrance hall
Entry phone, central heating radiator, power points, phone point, circuit breaker, downlights, cupboard housing the combi central heating boiler, access to loft area.

Lounge
15'1 x 11'2 Two central heating radiators, uPVC double glazed double doors to Juliette balcony, feature electric fire in surround, power points, tv point, double doors to:

Kitchen
8'10 x 8'9 Fitted with a range of wall and base units providing storage and working surfaces, stainless steel 1½ bowl single drainer sink unit with mixer tap, Candy electric oven/grill, Candy four burner gas hob with stainless steel extractor hood above, plumbing for washing machine, space for fridge freezer, power points, downlights, tiled to work areas, tiled floor.

Bedroom 1
11'10 x 6'4 Central heating radiator, uPVC double glazed double doors to Juliette balcony, tv point, power points, phone point. Door to:

En-suite wc
Close coupled wc, pedestal wash basin, central heating radiator, downlights, fully tiled walls, tiled floor, extractor fan.

Bedroom 2
11'3 x 5'8 Central heating radiator, uPVC double glazed window, power points.

Bathroom/wc
8'3 x 6'9 Fitted suite in white comprising bath with shower over, pedestal wash basin, close coupled wc, fully tiles walls, tiled floor, extractor fan.

Loft space

Outside
Communal parking and gardens

Agent Details

Roger Dean, Heald Green

0161 524 8287

Next Steps?

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