2 Bed Terraced House, Single Let, Manchester, M11 4EX, £150,000

6 KELLETT WALK, MANCHESTER, £150,000, FREEHOLD - 5 views - 5 months ago

Sold STC
BTL
ROI: 7%
~68 m²
+11 photos

ValuationOvervalued

Sold Prices£40K - £206K
Sold Prices/m²£513/m² - £6.2K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.2K/m²

Value Estimate

£104,995

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£37,500

Stamp Duty & Legal Fees

£5,700

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£850 - £2,700

Rent Estimate

£941

Running Costs/mo

£677

Cashflow/mo

£264

Cashflow/yr

£3,169

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £40K to £206K, average is £128.3K. £513/m² to £6.2K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£93K03/210.07 mi65, Ilford Street, Manchester, Greater Manchester M11 4FL2
£94.5K11/200.07 mi40, Clayton Street, Manchester, Greater Manchester M11 4HA2
£118K04/210.08 mi66, Ranelagh Street, Manchester, Greater Manchester M11 4FX2
£185K08/230.13 mi7, Strathfield Drive, Manchester, Greater Manchester M11 4HB2
£130K09/210.17 mi149, Barrington Street, Manchester, Greater Manchester M11 4FB2
£107K11/200.17 mi177, Barrington Street, Manchester, Greater Manchester M11 4FB2
£157.5K02/230.17 mi201, Barrington Street, Manchester, Greater Manchester M11 4FB2
£115K09/230.17 mi189, Barrington Street, Manchester, Greater Manchester M11 4FB2
£110K03/230.17 mi193, Barrington Street, Manchester, Greater Manchester M11 4FB2
£110K02/210.18 mi174, Barrington Street, Manchester, Greater Manchester M11 4ED2
£130K09/230.18 mi166, Barrington Street, Manchester, Greater Manchester M11 4ED2
£135K01/240.25 mi35, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£137.5K05/210.25 mi22, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£140K10/230.25 mi37, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£137.5K05/210.25 mi22, Walsden Street, Manchester, Greater Manchester M11 4WJ2
£145K08/230.25 mi13, Stanton Street, Manchester, Greater Manchester M11 4NH2
£146K01/230.25 mi7, Stanton Street, Manchester, Greater Manchester M11 4NH2
£117.5K07/230.25 mi29, Stanton Street, Manchester, Greater Manchester M11 4NH2
£88K03/210.27 mi16, Tottington Street, Manchester, Greater Manchester M11 4WT2
£175K02/230.27 mi28, Vale Street, Manchester, Greater Manchester M11 4WG2
£137K10/230.29 mi9, Coatbridge Street, Manchester, Greater Manchester M11 4RL2
£175K06/230.33 mi36, North Road, Manchester, Greater Manchester M11 4NG2
£163K06/230.38 mi665, Ashton New Road, Manchester, Greater Manchester M11 4QJ2
£206K08/230.44 mi27, Stuart Street, Manchester, Greater Manchester M11 4DU2
£100K05/230.45 mi31, Powell Street, Clayton, Manchester, Greater Manchester M11 4GA2
£200K02/230.46 mi20, Stuart Street, Manchester, Greater Manchester M11 4DN2
£40K03/210.5 mi33, Stokes Street, Manchester, Greater Manchester M11 4SJ2
£168K05/210.51 mi11, Stuart Street, Manchester, Greater Manchester M11 4DQ2
£125K04/210.52 mi30, Glenolden Street, Manchester, Greater Manchester M11 4PT2
£170K10/220.54 mi114, Seymour Road South, Manchester, Greater Manchester M11 4PS2
£175.8K07/230.61 mi28, Reading Close, Manchester, Greater Manchester M11 1UA2
£85K02/210.61 mi28, Connie Street, Manchester, Greater Manchester M11 2JT2
£75K02/210.61 mi17, Connie Street, Manchester, Greater Manchester M11 2JT2
£99K10/200.63 mi70, Wilson Street, Openshaw, Manchester, Greater Manchester M11 2AZ2
£100K10/230.63 mi70, Wilson Street, Openshaw, Manchester, Greater Manchester M11 2AZ2
£132K07/210.65 mi469, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JN2
£133.5K10/200.66 mi31, Reading Close, Manchester, Greater Manchester M11 1PF2
£80K10/200.66 mi14, Timperley Street, Manchester, Greater Manchester M11 2JG2
£150K08/230.66 mi14, Winslow Street, Manchester, Greater Manchester M11 2AY2
£122K11/220.66 mi1, Winslow Street, Manchester, Greater Manchester M11 2AY2
£110K11/230.66 mi19, Winslow Street, Manchester, Greater Manchester M11 2AY2
£100K04/210.66 mi39, Meech Street, Manchester, Greater Manchester M11 2JJ2
£165K05/230.67 mi512, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JW2
£135K03/210.68 mi31, Dargai Street, Manchester, Greater Manchester M11 4PW2
£125K08/230.68 mi51, Dargai Street, Manchester, Greater Manchester M11 4PW2
£176.2K12/220.7 mi528, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JQ2
£126.5K09/210.7 mi17, Herne Street, Manchester, Greater Manchester M11 2AJ2
£91.8K11/200.71 mi10, Meech Street, Manchester, Greater Manchester M11 2JL2
£113K03/210.71 mi348, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JJ2
£121K11/200.71 mi350, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6JJ2

Local Rents

47 rents from £850/mo to £2.7K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£97505/240.09 mi-2
£1,00003/250.09 mi-2
£95001/240.09 mi-2
£87512/240.1 mi-2
£1,20003/250.11 mi-2
£1,20002/250.11 mi-2
£89505/240.2 mi-2
£1,90005/240.24 mi-2
£1,30003/250.24 mi-2
£1,05012/240.25 mi-2
£92503/250.25 mi-2
£95005/240.36 mi3 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£1,09505/240.36 mi3 Stillwater Drive, Sportcity , Manchester, M11 4TE2
£97506/240.36 mi3 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£92505/240.37 miStillwater Drive,Clayton,Manchester,M11 4TE2
£95005/240.38 mi5 Stillwater Drive, Openshaw, Sports City, Manchester, M112
£97505/240.38 mi5 Stillwater Drive, Sports City, Openshaw, Manchester, M112
£1,25012/240.39 mi-2
£1,00005/240.39 miStillwater Drive, Stillwater Drive, Manchester, M112
£1,00006/240.39 miStillwater Drive, Stillwater Drive, Manchester, M112
£97505/240.4 miStillwater Drive, SportCity, Manchester, M112
£95005/240.4 miStillwater Drive, Sports City, Manchester, M112
£1,05006/240.4 miStillwater Drive, 5 Stillwater Drive, Manchester2
£1,05006/240.4 miStillwater Drive, Sports City, Macnhester, M112
£97506/240.4 mi1 Stillwater Drive, Openshaw, Sports City, Manchester, M112
£95012/240.4 mi-2
£99505/240.4 miAshton New Road, Manchester, M112
£1,10006/240.41 miThe Drum, Stillwater Drive, M112
£1,02503/250.42 mi-2
£2,70012/240.42 mi-2
£2,10001/250.42 mi-2
£1,10005/240.44 mi2 The Waterfront, Sports City, Openshaw, Manchester, M112
£1,15005/240.44 mi2 The Waterfront, Sports City, Openshaw, Manchester, M112
£1,10005/240.44 miThe Waterfront, Openshaw, Manchester, M112
£1,30005/240.44 miWesham Road, Manchester, M112
£1,30012/240.44 mi-2
£1,30012/240.44 mi-2
£85004/240.45 mi-2
£1,10012/240.48 mi-2
£99505/240.5 miStokes Street, Manchester, M112
£1,10003/250.51 mi-2
£1,20001/240.51 mi-2
£1,00005/240.51 miThe Waterfront, Manchester, M112
£1,10005/240.51 miApt 10, 2 Stuart Street, Clayton M11 4DQ2
£1,05005/240.52 miThe Drum, 2 Stuart Street, Sport City2
£1,20012/240.52 mi-2
£97502/250.52 mi-2

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

3.40 miles away

Nearest school

0.20 miles away

Nearest train station

0.86 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £150,000

October 25, 2024

Floor Plans

Description

Jacob Knight Estate Agents are thrilled to bring to the market this immaculate terraced home, ideal for both homebuyers and investors seeking a blend of style, comfort, and practicality. This well-presented property offers a move-in-ready experience, boasting modern décor and spacious interiors designed to meet the needs of a contemporary lifestyle. As you step inside, you’ll be welcomed by a generously sized lounge and dining area, tastefully appointed with stylish grey laminate flooring. This open-plan space creates a warm and inviting atmosphere, perfect for both relaxation and entertaining. Adjacent to the lounge is the beautifully designed kitchen, featuring elegant oak wall and floor cabinets that offer ample storage and workspace. The kitchen’s thoughtful layout caters to everyday cooking and dining needs, blending functionality with timeless charm. Moving upstairs, the first floor houses two spacious double bedrooms, each thoughtfully decorated to provide comfort and tranquillity. These rooms offer plenty of space for furniture and personal touches, making them versatile enough to suit a variety of needs. The fully tiled bathroom is both modern and practical, while a separate WC adds extra convenience for busy households. Externally, the property shines with a large, well-maintained rear garden that provides a peaceful outdoor space for relaxation, gardening, or family gatherings. Additionally, the garden includes a dedicated parking area and a handy storage shed, making it as practical as it is charming. Situated in the heart of Clayton, this home enjoys close proximity to local amenities, schools, and excellent transport links. It’s a fantastic opportunity to secure a property that combines modern living with classic appeal. For more information or to schedule a viewing, contact Jacob Knight Estate Agents today!

Agent Details

Jacob Knight, Manchester

0161 524 8470

Next Steps?

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