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.

RentDateDistanceAddressBeds 
£1,40005/240.02 miHacienda, 11-15 Whitworth Street West, Manchester2
£1,45002/240.02 mi-2
£1,37503/250.02 mi-2
£1,57505/240.02 miHacienda, 11 - 15 Whitworth Street West, Manchester2
£1,55005/240.02 miWhitworth Street West, Manchester2
£1,30005/240.02 mi-2
£1,25006/240.03 miThe Ropeworks, 35 Little Peter Street, Southern Gateway, Manchester, M152
£1,50005/240.03 miAxis Tower, M12
£1,49505/240.03 miWhitworth Street West, Manchester, Greater Manchester, M12
£1,55005/240.03 miWhitworth Street West, Manchester, Greater Manchester, M12
£1,70006/240.03 miWhitworth Street West, Manchester, Greater Manchester, M12
£1,60003/240.04 miThe Hacienda, 11-15 Whitworth St, M1 5DD2
£1,50005/240.04 miHacienda Apartments Manchester M12
£1,30005/240.04 miThe Hacienda Apartments, M12
£1,35006/240.04 miThe Hacienda, Whitworth Street, M12
£1,39505/240.04 miAxis Tower, 9 Whitworth Street West, Southern Gateway, Manchester, M12
£1,45005/240.04 miThe Hacienda, 11 Whitworth Street West, Manchester2
£1,55005/240.04 miThe Hacienda, 11 Whitworth Street West, Manchester2
£1,60006/240.04 miWhitworth Street West, Southern Gateway2
£2,49502/250.04 mi-2
£2,50003/250.04 mi-2
£1,40002/240.04 mi-2
£1,57505/240.04 miTHE HACIENDA, Whitworth St West M1 5DE2
£1,50005/240.04 miHacienda, Whitworth Street West, Southern Gateway2
£1,55005/240.04 miThe Hacienda, Whitworth Street West, Southern Gateway2
£1,50005/240.04 miThe Hacienda, Whitworth Street West, Southern Gateway, Manchester, M12
£1,55005/240.04 miThe Hacienda, 11-15 Whitworth Street West, Southern Gateway, Manchester, M12
£1,60005/240.04 miThe Hacienda, 11-15 Whitworth Street West, Southern Gateway, Manchester, M12
£1,55005/240.04 miThe Hacienda, 11-15 Whitworth Street West, Southern Gateway, Manchester, M12
£1,40012/240.04 miWhitworth Street West, Manchester, M12
£1,45005/240.04 miThe Hacienda, 11-15 Whitworth Street West, Southern Gateway, Manchester, M12
£1,65005/240.04 miWhitworth Street West, Manchester2
£2,80005/240.06 miViadux, Albion Street, Manchester2
£2,50012/240.06 mi-2
£1,20006/240.07 miThe Ropeworks, 33 Little Peter Street, Manchester, M15 4QH2
£2,70006/240.07 miViadux, Manchester, Greater Manchester, M12
£1,60012/240.08 mi-2
£1,25005/240.08 miJordan Street, Manchester, M152
£1,99912/240.08 mi-2
£2,25001/250.08 mi-2
£2,15003/250.08 mi-2
£1,95003/250.08 mi-2
£1,35005/240.08 miJordan Street, Manchester, M152
£2,80012/240.09 mi-2
£2,95012/240.09 mi-2
£2,38012/240.09 mi-2
£2,38004/250.09 mi-2
£2,70005/240.09 miViadux, Deansgate2
£2,50005/240.09 miGreat Bridgewater Street, Manchester, Greater Manchester, M12
£2,30006/240.09 miViadux2

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

  • Fully furnished +
  • Stunning open plan kitchen & living area. +
  • Close to all bars & restaurants. +
  • Great location. +
  • Brand new developmnt +

Offering their residents an exceptional urban living experience at Viadux, combining luxury accommodations with prime city centre amenities. Residents can enjoy a range of top-tier facilities, including a serene swimming pool, a rejuvenating sauna and steam room, a fully equipped gym for fitness enthusiasts, and a delightful cinema and karaoke room for entertainment. The private lounge and bar create an inviting atmosphere for relaxation and socializing. The property features a thoughtfully designed layout, including an inviting entrance hallway with ample storage. The open-plan corner aspect living room boasts floor-to-ceiling windows, offering breath-taking views and an abundance of natural light. The high-end kitchen complements the living space, making it ideal for both cooking and entertaining. The master bedroom is a luxurious retreat, featuring separate built-in wardrobes and an ensuite bathroom. A secondary bedroom with its own ensuite and sweeping windows completes the living quarters. Viadux also enjoys a prominent location above Castlefield Locks and is conveniently connected to the iconic Manchester Central railway station. This prime positioning offers residents easy access to a variety of unique coffee shops, bars, and restaurants, enhancing the vibrant lifestyle that Viadux embodies. With its blend of luxurious amenities and a dynamic urban environment, Viadux represents an unparalleled living opportunity in the heart of Manchester.

Agent Details

Parello Ltd, Walkden

0161 696 1395

Next Steps?

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