3 Bed Semi-Detached House, Refurb/BRRR, Manchester, M19 2DD, £420,000

44 Kingsway, Manchester, Greater Manchester, M19 2DD - 1 views - 5 months ago

Refurb/BRRR
114 m²
+33 photos

ValuationOvervalued

Sold Prices£150K - £440K
Sold Prices/m²£1.7K/m² - £5.1K/m²

 

 

Square Metres

114 m²
Price/m²£3.7K/m²

Value Estimate

£345,015

 

 

End Value (After Refurb)

£347,500

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£105,000

Stamp Duty & Legal Fees

£20,300

Refurb Costs

£48,052

Bridging Loan Interest

£11,025

Total Cash In

£186,127

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£347,500

Mortgage (After Refinance)

£260,625

Mortgage LTV

75%

Cash Left In

£186,127

Equity

£86,875

Rent Range

£390 - £2,015

Rent Estimate

£1,350

Running Costs/mo

£1,376

Cashflow/mo

£-26

Cashflow/yr

£-311

Gross Yield

4%

Local Sold Prices

50 sold prices from £150K to £440K, average is £311K. £1.7K/m² to £5.1K/m², average is £3K/m².

PriceDateDistanceAddressBeds 
£370K12/220.02 mi6, Kingsmere Avenue, Manchester, Greater Manchester M19 2DB3
£250K09/230.04 mi15, Kingsway, Manchester, Greater Manchester M19 2BZ3
£377.5K12/230.04 mi1, Kingsmere Avenue, Manchester, Greater Manchester M19 2DB3
£310K04/230.08 mi17, Kingsway Avenue, Manchester, Greater Manchester M19 2DH3
£362K09/230.08 mi30, Kingsway Avenue, Manchester, Greater Manchester M19 2DH3
£266K09/210.09 mi280, Moseley Road, Levenshulme, Manchester, Greater Manchester M19 2LH3
£286K01/240.11 mi14, Monica Grove, Manchester, Greater Manchester M19 2BN3
£340K11/230.12 mi27, Lytham Road, Manchester, Greater Manchester M19 2AT3
£435K03/240.12 mi1, Lytham Road, Manchester, Greater Manchester M19 2AT3
£312K12/200.12 mi13, Lytham Road, Manchester, Greater Manchester M19 2AT3
£430K11/220.12 mi13, Lytham Road, Manchester, Greater Manchester M19 2AT3
£265K05/230.13 mi29, Monica Grove, Manchester, Greater Manchester M19 2BQ3
£220K08/230.16 mi2, Craighall Avenue, Manchester, Greater Manchester M19 2BR3
£240K03/210.16 mi31, Fortuna Grove, Manchester, Greater Manchester M19 2BP3
£267.5K10/200.16 mi6, Austin Grove, Manchester, Greater Manchester M19 2BH3
£315K03/210.16 mi8, Austin Grove, Manchester, Greater Manchester M19 2BH3
£341K06/230.17 mi8, Allandale Road, Manchester, Greater Manchester M19 2AU3
£276K11/220.17 mi164, Birchfields Road, Manchester, Greater Manchester M14 6PE3
£345K11/220.17 mi33, Lindsay Avenue, Manchester, Greater Manchester M19 2AR3
£300K10/210.17 mi6, Allandale Road, Manchester, Greater Manchester M19 2AU3
£360.1K07/210.18 mi7, Lindsay Avenue, Manchester, Greater Manchester M19 2AR3
£210K03/210.18 mi176, Birchfields Road, Manchester, Greater Manchester M14 6PE3
£178K05/210.18 mi1, Ross Avenue, Manchester, Greater Manchester M19 2HW3
£330K01/230.18 mi42, Scarisbrick Road, Manchester, Greater Manchester M19 2BS3
£298.5K03/240.19 mi64, Lytham Road, Manchester, Greater Manchester M14 6PL3
£330K03/210.21 mi15, Scarisbrick Road, Manchester, Greater Manchester M19 2BT3
£340K04/240.21 mi47, Scarisbrick Road, Manchester, Greater Manchester M19 2BT3
£352.5K10/210.23 mi29, Collingwood Road, Manchester, Greater Manchester M19 2AP3
£335K04/210.23 mi1, Collingwood Road, Manchester, Greater Manchester M19 2AP3
£150K06/240.24 mi4, Skelton Grove, Manchester, Greater Manchester M13 0UL3
£350K08/230.25 mi138, Slade Lane, Manchester, Greater Manchester M19 2AQ3
£220K07/210.25 mi14, Handforth Grove, Manchester, Greater Manchester M13 0UH3
£361K09/210.28 mi12, Fairview Avenue, Manchester, Greater Manchester M19 2AN3
£280K02/210.28 mi30, Fairview Avenue, Manchester, Greater Manchester M19 2AN3
£160K03/210.28 mi192, Brailsford Road, Manchester, Greater Manchester M14 6QA3
£440K06/230.28 mi16, Sylvandale Avenue, Manchester, Greater Manchester M19 2FB3
£295K03/230.29 mi9, Fir Grove, Manchester, Greater Manchester M19 2ET3
£325K04/210.3 mi3, Park Avenue, Levenshulme, Manchester, Greater Manchester M19 2EE3
£219K03/210.3 mi68, Old Hall Lane, Manchester, Greater Manchester M13 0UD3
£325K05/210.3 mi85, Linden Park, Manchester, Greater Manchester M19 2PG3
£400K11/230.3 mi57, Linden Park, Manchester, Greater Manchester M19 2PG3
£354K06/210.3 mi89, Linden Park, Manchester, Greater Manchester M19 2PG3
£182K02/210.31 mi93, Braemar Road, Manchester, Greater Manchester M14 6PQ3
£257.5K09/210.32 mi35, Craston Road, Manchester, Greater Manchester M13 0UT3
£325K01/230.32 mi92, Milwain Road, Burnage, Manchester, Greater Manchester M19 2PR3
£200K10/230.32 mi98, Braemar Road, Manchester, Greater Manchester M14 6PG3
£270K06/210.32 mi44, Forest Range, Manchester, Greater Manchester M19 2HP3
£305K12/220.33 mi35, Cringle Hall Road, Manchester, Greater Manchester M19 2HU3
£243K10/230.33 mi47, Forest Range, Manchester, Greater Manchester M19 2ES3
£370K01/230.33 mi73, Milwain Road, Burnage, Manchester, Greater Manchester M19 2PT3

Local Rents

50 rents from £390/mo to £2K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,60012/240.09 mi-3
£1,20005/240.13 miMonica Grove, Manchester, Greater Manchester, M193
£1,60005/240.16 miFortuna Grove, Manchester, Greater Manchester, M19 2BP3
£1,60005/240.17 miLytham Road, Fallowfield3
£1,40012/240.17 mi-3
£1,35005/240.18 mi-3
£1,35005/240.18 miAlbert Road, Manchester, M193
£1,69504/250.18 mi-3
£1,30005/240.25 miBraemar Road, Fallowfield, Manchester, M143
£1,10505/240.25 miBraemar Road, Fallowfield, M143
£1,25012/240.25 mi-3
£1,25005/240.25 miAlbert Road, Manchester, M193
£1,25006/240.25 miAlbert Road, Manchester, M193
£1,25012/240.25 mi-3
£1,30005/240.26 miBrailsford Road, Fallowfield, Manchester, M143
£1,30002/250.26 mi-3
£1,30005/240.27 miOld Hall Lane, Manchester, M133
£1,95005/240.27 miBrailsford Road, Fallowfield3
£39005/240.27 miBrailsford Road, Manchester, Greater Manchester, M143
£1,56005/240.28 miBrailsford Road, Fallowfield3
£1,10012/240.29 mi-3
£2,01505/240.3 miBrailsford Road. Bills included, Fallowfield, M14 6PZ3
£1,30005/240.3 miBraemar Road, Fallowfield, M143
£1,49505/240.3 miAlbert Road, Manchester, Greater Manchester, M193
£1,30005/240.32 miAlbert Road, Manchester, M19 2FP3
£1,43002/240.33 mi-3
£1,59503/250.33 mi-3
£1,56005/240.33 miBrailsford Road, Fallowfield, Manchester, M143
£1,35005/240.33 miBrailsford Road, Fallowfield, Manchester, M143
£1,25005/240.35 mi-3
£1,35004/250.35 mi-3
£1,25005/240.35 miForest Range, Manchester, M193
£1,43005/240.35 miBrailsford Road, Manchester, M143
£1,43005/240.36 miOld Hall Lane, Fallowfield, Manchester, M143
£1,75012/240.36 mi-3
£1,60002/250.38 mi-3
£1,52504/250.38 mi-3
£1,50012/240.38 mi-3
£1,60012/240.39 mi-3
£1,50005/240.39 miBraemar Road, Fallowfield, Manchester, M143
£1,19505/240.39 miBraemar Road, Manchester, M143
£1,40005/240.4 miBurnage Hall Road, Burnage, M193
£1,30005/240.41 miBrailsford Road, Fallowfield, M143
£1,24505/240.42 miLindleywood Road, Manchester, Greater Manchester, M143
£1,29505/240.42 miReynell Road, Longsight, Manchester, M133
£1,80003/250.43 mi-3
£1,59505/240.44 miOmer Avenue, Manchester, M133
£1,45005/240.44 miBurnage Lane, Manchester3
£1,19503/240.44 miPensarn Avenue, M143
£1,19505/240.44 miBelvoir Avenue, Manchester, Greater Manchester, M193

Local Area Statistics

Population in M19

34,838

Population in Manchester

920,095

Town centre distance

2.16 miles away

Nearest school

0.20 miles away

Nearest train station

0.38 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+13%

Sales demand

Seller's market

Capital growth (5yrs)

+30%

Property History

Price changed to £420,000

February 28, 2025

Listed for £395,000

October 25, 2024

Sold for £120,000

2003

Description

Presenting this beautifully renovated 3-bedroom semi-detached home on Kingsway. This property is in exceptional condition throughout, with a significant amount of money invested into the renovation, ensuring a modern and stylish finish that any new owner would be proud of. Every detail has been carefully considered, making this a truly turn-key home. The ground floor welcomes you with a spacious reception room, perfect for relaxing or entertaining. The standout feature of this home is the extended, modern kitchen diner. The kitchen boasts sleek, high-end fittings and plenty of storage space, offering a contemporary feel that complements the open and airy dining area. It’s an ideal space for family gatherings and hosting guests. For added luxury, the entire ground floor benefits from underfloor heating, ensuring warmth and comfort year-round. On the first floor, you’ll find two large double bedrooms, both immaculately presented, and a family bathroom. The second floor is where the loft conversion adds extra value, featuring a third bedroom with its own ensuite bathroom. This top-floor space offers a private retreat, perfect as a master bedroom or guest suite, equipped with a balcony overlooking the garden. Additionally, the home is fitted with solar panels, contributing to energy efficiency and reducing utility costs, a forward-thinking feature that makes this property both eco-friendly and cost-effective. Outside, the property benefits from a well-maintained garden, which includes an outbuilding equipped with power—ideal for use as a home office, gym, or studio. The property also has a driveway, a much-needed feature for homes on Kingsway, providing convenient off-road parking. Excellent transport links are also nearby, with Levenshulme train station offering easy access to Manchester city centre and regular bus routes along Kingsway. Located in a prime position, this home is close to all the amenities Levenshulme has to offer.

Agent Details

Jacob Knight, Manchester

0161 524 8470

Next Steps?

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