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2 Bed Flat, Single Let, Manchester, M1 5NZ, £430,000
Albion Street, Manchester, M1 5NZ - 6 views - 6 months ago
BTL
~68 m²





+11 photos
ValuationOvervalued
Cashflows
Cash In | |
Purchase Finance | Mortgage |
Deposit (25%) | £107,500 |
Stamp Duty & Legal Fees | £23,100 |
Total Cash In | £130,600 |
| |
Cash Out | |
Rent Range | £1,200 - £2,950 |
Rent Estimate | £1,250 |
Running Costs/mo | £1,614 |
Cashflow/mo | £-364 |
Cashflow/yr | £-4,365 |
Gross Yield | 3% |
Local Rents
50 rents from £1.2K/mo to £3K/mo, average is £1.6K/mo.
Local Area Statistics
Population in M1 | 11,953 |
Population in Manchester | 920,095 |
Town centre distance | 1.29 miles away |
Nearest school | 0.30 miles away |
Nearest train station | 0.10 miles away |
| |
Rental demand | Tenant's market |
Rental growth (12m) | -1% |
Sales demand | Buyer's market |
Capital growth (5yrs) | +19% |
Property History
Listed for £430,000
October 22, 2024
Description
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