3 Bed Semi-Detached House, Single Let, Manchester, M18 8GQ, £180,000

Longford Street, Gorton, M18 8GQ - 2 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£85K - £232K
Sold Prices/m²£1K/m² - £3.4K/m²

 

 

Square Metres

~93 m²
Price/m²£1.9K/m²

Value Estimate

£172,885

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£950 - £1,700

Rent Estimate

£964

Running Costs/mo

£775

Cashflow/mo

£189

Cashflow/yr

£2,264

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £85K to £232K, average is £158.5K. £1K/m² to £3.4K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£168K11/230.05 mi5, Welbeck Street, Manchester, Greater Manchester M18 8GW3
£130K12/200.05 mi17, Welbeck Street, Manchester, Greater Manchester M18 8GW3
£163.5K02/210.06 mi78, Longford Street, Manchester, Greater Manchester M18 8GQ3
£145K06/230.06 mi30, Longford Street, Manchester, Greater Manchester M18 8GQ3
£157K08/230.08 mi5, Walmer Street, Abbey Hey, Manchester, Greater Manchester M18 8QP3
£148K03/230.08 mi18, Walmer Street, Abbey Hey, Manchester, Greater Manchester M18 8QP3
£225K10/220.09 mi1, Beeth Street, Manchester, Greater Manchester M11 1NP3
£110K11/200.09 mi47, Constable Street, Manchester, Greater Manchester M18 8QQ3
£130K02/230.11 mi145, Lees Street, Abbey Hey, Manchester, Greater Manchester M18 8QL3
£232K09/220.12 mi38, Paprika Close, Manchester, Greater Manchester M11 2LS3
£155K04/240.13 mi42, Constable Street, Manchester, Greater Manchester M18 8QJ3
£185K04/210.14 mi34, Paprika Close, Manchester, Greater Manchester M11 2LS3
£195K10/210.15 mi39, Annable Road, Manchester, Greater Manchester M18 8QR3
£166K04/230.15 mi212, Chapman Street, Manchester, Greater Manchester M18 8WQ3
£184K08/210.17 mi249, Chapman Street, Manchester, Greater Manchester M18 8NG3
£112K10/210.17 mi21, Alvan Square, Manchester, Greater Manchester M11 1WU3
£124K10/200.18 mi17, Elsdon Drive, Manchester, Greater Manchester M18 8WG3
£160K03/210.18 mi13, Elsdon Drive, Manchester, Greater Manchester M18 8WG3
£151K02/240.18 mi9, Pinnington Road, Manchester, Greater Manchester M18 8NR3
£155K01/240.19 mi30, Pinnington Road, Manchester, Greater Manchester M18 8WR3
£195K11/230.2 mi14, Franklyn Road, Manchester, Greater Manchester M18 8QX3
£117K11/200.2 mi8, Reed Street, Manchester, Greater Manchester M18 8JT3
£185K02/230.21 mi18, Seddon Avenue, Manchester, Greater Manchester M18 8NW3
£166K03/230.21 mi12, Wellesley Avenue, Manchester, Greater Manchester M18 8WJ3
£155K11/200.22 mi229, Chapman Street, Manchester, Greater Manchester M18 8WP3
£116K01/210.22 mi42, Long Street, Manchester, Greater Manchester M18 8QT3
£180K09/230.23 mi37, Seddon Avenue, Manchester, Greater Manchester M18 8NW3
£173K06/240.23 mi31, Seddon Avenue, Manchester, Greater Manchester M18 8NW3
£170K09/230.23 mi3, Seddon Avenue, Manchester, Greater Manchester M18 8NW3
£140K04/230.23 mi25, Seddon Avenue, Manchester, Greater Manchester M18 8NW3
£170K03/230.23 mi14, Lees Street, Openshaw, Manchester, Greater Manchester M11 1WH3
£133.5K06/230.23 mi12, Lees Street, Openshaw, Manchester, Greater Manchester M11 1WH3
£173K09/230.24 mi36, Kirkham Avenue, Manchester, Greater Manchester M18 8WN3
£155.5K11/230.24 mi35, Chisholm Street, Manchester, Greater Manchester M11 2LF3
£107.5K11/210.25 mi42, Godwin Street, Manchester, Greater Manchester M18 8GS3
£147.5K02/230.25 mi19, Weaver Walk, Openshaw, Manchester, Greater Manchester M11 2LG3
£180K02/230.27 mi30, Goring Avenue, Manchester, Greater Manchester M18 8WW3
£165K05/210.27 mi58, Ketton Close, Manchester, Greater Manchester M11 1NA3
£170K10/230.27 mi4, Winfield Drive, Manchester, Greater Manchester M18 8NQ3
£160K11/210.27 mi36, Carberry Road, Manchester, Greater Manchester M18 8PG3
£178K04/240.27 mi50, Carberry Road, Manchester, Greater Manchester M18 8PG3
£105K10/200.27 mi58, Carberry Road, Manchester, Greater Manchester M18 8PG3
£145K02/210.27 mi22, Field Street, Manchester, Greater Manchester M18 8GT3
£175K02/230.27 mi160, Chapman Street, Manchester, Greater Manchester M18 8LZ3
£218K01/230.28 mi1, Reynolds Drive, Manchester, Greater Manchester M18 8NJ3
£155K11/200.28 mi2, Reynolds Drive, Manchester, Greater Manchester M18 8NJ3
£161K02/230.28 mi2, Hawthorn Street, Manchester, Greater Manchester M18 8PT3
£85K12/220.29 mi373, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RB3
£142K02/230.3 mi24, Claymore Street, Manchester, Greater Manchester M18 8SP3
£154K02/210.3 mi138, Chapman Street, Manchester, Greater Manchester M18 8LZ3

Local Rents

42 rents from £950/mo to £1.7K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40012/240.02 mi-3
£1,15006/240.05 miWelbeck Street, Manchester, M183
£99505/240.06 miLongford Street, Manchester, Greater Manchester, M183
£1,40003/250.06 mi-3
£1,40005/240.06 mi-3
£1,15005/240.07 miLongford Street, M183
£1,30005/240.08 miWalmer Street, Abbey Hey, Manchester3
£1,20001/250.15 mi-3
£1,25005/240.22 miHollybush Street, Manchester, M183
£1,50012/240.26 mi-3
£1,50002/250.26 mi-3
£1,20005/240.27 miCarberry Road, Gorton, Manchester, M183
£1,19505/240.27 miReynolds Drive, Manchester, M183
£1,20005/240.27 miAysgarth Avenue, Abbey Hey3
£95005/240.27 miCarberry Road, Gorton3
£1,39505/240.28 mi-3
£1,25005/240.28 miAysgarth Avenue, Manchester, M183
£1,30005/240.29 mi-3
£1,27505/240.3 miWistaria Road, Manchester, M183
£1,27512/240.3 mi-3
£96012/240.31 mi-3
£1,15012/240.31 mi-3
£1,15012/240.34 mi-3
£1,40002/250.35 mi-3
£1,19506/240.36 miJetson Street, Abbey Hey, M18 8SZ3
£1,10012/240.38 mi-3
£1,60001/250.39 mi-3
£1,00005/240.39 mi Sheerness Street, Gorton, M183
£1,20004/240.39 mi-3
£1,25012/240.41 mi-3
£1,20010/240.41 mi-3
£1,70005/240.42 mi-3
£1,70005/240.42 mi-3
£1,50012/240.42 mi-3
£1,20002/250.42 mi-3
£1,50003/250.42 mi-3
£1,05012/240.46 mi-3
£1,25001/250.52 mi-3
£1,19512/240.53 mi-3
£1,55001/250.53 mi-3
£1,50012/240.55 mi-3
£1,20011/240.56 mi-3

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.54 miles away

Nearest school

0.30 miles away

Nearest train station

0.03 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+74%

Property History

Listed for £180,000

October 18, 2024

Sold for £110,000

2007

Sold for £44,995

2003

Floor Plans

Description

  • Extended Three Bedroom Semi-Detached Home +
  • Well Presented +
  • Driveway +
  • Downstairs Bedroom +
  • Two Reception Rooms +

Checkout this impressive FAMILY HOME! Situated in a popular residential location of ABBEY HEY, this EXTENDED THREE BEDROOM SEMI-DETACHED home is certainly not one to miss! Located IDEALLY, with Gorton Train Station around the corner for the commuters and local amenities and reputable schools nearby. Built in the 1980s, this fantastic property briefly comprises of; an inviting entrance hall, a large living room and separate dining room, a modern fitted kitchen, three generous-sized bedrooms with one of them being situated downstairs, and a stunning three-piece bathroom suite. Externally, you will find a driveway to the front and beautiful rear garden. Please call the Reddish branch to arrange a viewing!

Agent Details

Edward Mellor Ltd, Reddish

0161 524 6622

Next Steps?

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