3 Bed Semi-Detached House, Single Let, Manchester, M18 8QY, £230,000

Chertsey Close, Gorton, M18 8QY - 5 months ago

Leasehold
BTL
ROI: 1%
~93 m²
+7 photos

ValuationOvervalued

Sold Prices£70K - £305.6K
Sold Prices/m²£889/m² - £3.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£180,188

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£950 - £3,300

Rent Estimate

£1,063

Running Costs/mo

£951

Cashflow/mo

£112

Cashflow/yr

£1,340

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £70K to £305.6K, average is £161.5K. £889/m² to £3.7K/m², average is £1.9K/m².

PriceDateDistanceAddressBeds 
£170K12/200.02 mi10, Chertsey Close, Manchester, Greater Manchester M18 8QY3
£255K06/230.02 mi2, Donnington Road, Manchester, Greater Manchester M18 8RX3
£156.5K01/210.1 mi9, Wentworth Avenue, Manchester, Greater Manchester M18 8RD3
£240K08/240.1 mi8, Aysgarth Avenue, Manchester, Greater Manchester M18 8RA3
£232K03/240.12 mi1, Redacre Road, Manchester, Greater Manchester M18 8RU3
£210K05/240.12 mi3, Redacre Road, Manchester, Greater Manchester M18 8RU3
£230K05/230.12 mi15, Redacre Road, Manchester, Greater Manchester M18 8RU3
£232K03/240.12 mi5, Redacre Road, Manchester, Greater Manchester M18 8RU3
£165K02/210.14 mi9, Havers Road, Manchester, Greater Manchester M18 8UN3
£305.6K12/220.17 mi68, High Bank, Manchester, Greater Manchester M18 8UL3
£85K12/220.17 mi373, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RB3
£145K02/210.18 mi22, Field Street, Manchester, Greater Manchester M18 8GT3
£235K04/230.2 mi12, Harrop Street, Manchester, Greater Manchester M18 8RW3
£243.5K07/220.2 mi12, Forshaw Avenue, Manchester, Greater Manchester M18 8XQ3
£178.5K10/230.2 mi118, Cross Lane, Manchester, Greater Manchester M18 8NZ3
£70K05/230.2 mi3, Tanners Street, Manchester, Greater Manchester M18 8WT3
£161K02/230.2 mi2, Hawthorn Street, Manchester, Greater Manchester M18 8PT3
£135K10/200.22 mi28, Harrington Street, Manchester, Greater Manchester M18 8UQ3
£116K01/210.22 mi42, Long Street, Manchester, Greater Manchester M18 8QT3
£107.5K11/210.22 mi42, Godwin Street, Manchester, Greater Manchester M18 8GS3
£160K11/210.24 mi36, Carberry Road, Manchester, Greater Manchester M18 8PG3
£178K04/240.24 mi50, Carberry Road, Manchester, Greater Manchester M18 8PG3
£105K10/200.24 mi58, Carberry Road, Manchester, Greater Manchester M18 8PG3
£165K09/210.26 mi246, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RP3
£138K03/210.26 mi252, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RP3
£137K02/240.26 mi21, Sandown Street, Manchester, Greater Manchester M18 8SB3
£225K11/220.28 mi7, Rookery Avenue, Manchester, Greater Manchester M18 8XH3
£195K11/230.28 mi14, Franklyn Road, Manchester, Greater Manchester M18 8QX3
£155K04/240.28 mi42, Constable Street, Manchester, Greater Manchester M18 8QJ3
£201K09/210.29 mi76, Chapman Street, Manchester, Greater Manchester M18 8UA3
£155K01/240.3 mi30, Pinnington Road, Manchester, Greater Manchester M18 8WR3
£154K02/210.3 mi138, Chapman Street, Manchester, Greater Manchester M18 8LZ3
£215K11/220.31 mi23, Green Fold, Manchester, Greater Manchester M18 8RJ3
£151K02/240.32 mi9, Pinnington Road, Manchester, Greater Manchester M18 8NR3
£175K02/230.32 mi160, Chapman Street, Manchester, Greater Manchester M18 8LZ3
£157K08/230.32 mi5, Walmer Street, Abbey Hey, Manchester, Greater Manchester M18 8QP3
£148K03/230.32 mi18, Walmer Street, Abbey Hey, Manchester, Greater Manchester M18 8QP3
£110K11/200.32 mi47, Constable Street, Manchester, Greater Manchester M18 8QQ3
£195K10/210.32 mi39, Annable Road, Manchester, Greater Manchester M18 8QR3
£221K11/230.33 mi2, Kings Close, Manchester, Greater Manchester M18 8TB3
£126.5K02/210.33 mi27, Sheerness Street, Manchester, Greater Manchester M18 8TY3
£162K12/230.33 mi6, Sheerness Street, Manchester, Greater Manchester M18 8TY3
£158K04/210.33 mi13, Jetson Street, Manchester, Greater Manchester M18 8SU3
£145K07/230.33 mi9, Jetson Street, Manchester, Greater Manchester M18 8SU3
£224.5K07/240.33 mi11, Hinstock Crescent, Manchester, Greater Manchester M18 8UU3
£124K10/200.33 mi17, Elsdon Drive, Manchester, Greater Manchester M18 8WG3
£160K03/210.33 mi13, Elsdon Drive, Manchester, Greater Manchester M18 8WG3
£165K11/230.33 mi2, Willow Grove, Manchester, Greater Manchester M18 7FG3
£205K11/220.34 mi12, Hinstock Crescent, Manchester, Greater Manchester M18 8UU3
£130K02/230.35 mi145, Lees Street, Abbey Hey, Manchester, Greater Manchester M18 8QL3

Local Rents

51 rents from £950/mo to £3.3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,25005/240.13 miAysgarth Avenue, Manchester, M183
£1,20005/240.13 miAysgarth Avenue, Abbey Hey3
£1,60003/250.2 mi-3
£1,25005/240.22 miHollybush Street, Manchester, M183
£1,30005/240.23 mi-3
£1,10012/240.23 mi-3
£1,15012/240.23 mi-3
£1,20005/240.24 miCarberry Road, Gorton, Manchester, M183
£1,20004/240.27 mi-3
£95005/240.27 miCarberry Road, Gorton3
£1,27505/240.29 miWistaria Road, Manchester, M183
£1,27512/240.29 mi-3
£1,00005/240.31 mi Sheerness Street, Gorton, M183
£1,25003/250.31 mi-3
£1,19512/240.31 mi-3
£1,30005/240.32 miWalmer Street, Abbey Hey, Manchester3
£1,20003/250.34 mi-3
£1,20002/250.34 mi-3
£1,15005/240.35 miLongford Street, M183
£1,15006/240.35 miWelbeck Street, Manchester, M183
£99505/240.35 miLongford Street, Manchester, Greater Manchester, M183
£1,40005/240.36 mi-3
£1,40003/250.36 mi-3
£1,20005/240.37 miWoodland Avenue, Gorton, Manchester, M18 7HF3
£1,35012/240.38 mi-3
£1,15012/240.38 mi-3
£1,40012/240.39 mi-3
£1,40002/250.39 mi-3
£1,25012/240.41 mi-3
£1,19506/240.42 miJetson Street, Abbey Hey, M18 8SZ3
£1,55012/240.44 mi-3
£1,55012/240.44 mi-3
£1,45002/250.44 mi-3
£1,55006/240.44 miStainton Avenue, Manchester, M183
£1,19505/240.45 miReynolds Drive, Manchester, M183
£1,39505/240.45 mi-3
£1,35012/240.48 mi-3
£1,35006/240.49 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.49 miDorlan Avenue, Gorton, Manchester, M183
£1,35006/240.49 miDorlan Avenue, Gorton, Manchester, M183
£1,55012/230.5 mi-3
£1,50012/240.5 mi-3
£1,50002/250.5 mi-3
£1,29505/240.52 mi-3
£1,70005/240.53 mi-3
£1,70005/240.53 mi-3
£1,50012/240.54 mi-3
£1,50003/250.54 mi-3
£3,30012/240.55 mi-3
£3,30002/250.55 mi-3
£2,60002/250.55 mi-3

Local Area Statistics

Population in M18

23,432

Population in Manchester

920,095

Town centre distance

3.69 miles away

Nearest school

0.10 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Tenant's market

Rental growth (12m)

+69%

Sales demand

Seller's market

Capital growth (5yrs)

+74%

Property History

Price changed to £230,000

January 23, 2025

Listed for £240,000

October 22, 2024

Floor Plans

Description

  • Three Bedroom Semi Detached Home +
  • Extended Kitchen +
  • Garage And Gated Driveway +
  • No Onwards Chain +
  • Front And Back Gardens +

Checkout this IMPRESSIVE THREE BEDROOM SEMI DETACHED HOME offered to the market with NO ONWARD CHAIN and VACANT POSSESSION. This perfect FAMILY HOME is situated in a popular residential location, close to OFSTED rated schools including Abbey Hey Primary Academy and Wright Robinson College. There are excellent transport links nearby via rail and road and MANCHESTER CITY CENTRE is only a ten-minute drive away. The property is surrounded by greenery with Fallowfield Loop moments away. This fantastic home is perfect for those seeking a property to put their own stamp on and briefly comprises of; an inviting entrance hallway, two spacious reception rooms, an extended kitchen, three generous sized bedrooms and a three-piece shower room. This home benefits from a gated driveway for off road parking and a garage. Overall, the property offers plenty of storage space. Externally, you will see beautiful front and rear gardens, great for entertaining in the summer months. Do not miss out on this incredible home! 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 💪