2 Bed Terraced House, Single Let, Manchester, M11 1LH, £178,000

13 Vine Street, Manchester, Greater Manchester, M11 1LH - 2 views - 6 months ago

Sold STC
BTL
ROI: 3%
73 m²
+12 photos

ValuationOvervalued

Sold Prices£69K - £222K
Sold Prices/m²£1.1K/m² - £4.7K/m²

 

 

Square Metres

73 m²
Price/m²£2.4K/m²

Value Estimate

£117,643

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£44,500

Stamp Duty & Legal Fees

£6,540

Total Cash In

£51,040

 

 

Cash Out

 

Rent Range

£825 - £1,350

Rent Estimate

£865

Running Costs/mo

£749

Cashflow/mo

£116

Cashflow/yr

£1,389

ROI

3%

Gross Yield

6%

Local Sold Prices

50 sold prices from £69K to £222K, average is £129.5K. £1.1K/m² to £4.7K/m², average is £1.6K/m².

PriceDateDistanceAddressBeds 
£105K01/210.02 mi28, Vine Street, Manchester, Greater Manchester M11 1LJ2
£110.5K06/210.07 mi70, Ackroyd Street, Manchester, Greater Manchester M11 1WT2
£144K04/210.15 mi46, Delamere Street, Manchester, Greater Manchester M11 1JY2
£161K11/220.15 mi20, Tinningham Close, Manchester, Greater Manchester M11 1NB2
£140K02/240.17 mi47, Courier Street, Manchester, Greater Manchester M18 8SY2
£222K02/230.18 mi15, Brinklow Close, Manchester, Greater Manchester M11 1NH2
£155K01/240.2 mi89, Lees Street, Openshaw, Manchester, Greater Manchester M11 1NW2
£129K06/230.21 mi43, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SW2
£105K02/240.21 mi29, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SW2
£138K07/220.23 mi7, Franklyn Road, Manchester, Greater Manchester M18 8QX2
£138K05/240.23 mi46, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SN2
£112K12/210.23 mi20, Walter Street, Abbey Hey, Manchester, Greater Manchester M18 8SN2
£115K01/230.23 mi19, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£141K07/230.24 mi8, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£125K07/210.24 mi36, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£130K03/240.24 mi13, Gordon Street, Abbey Hey, Manchester, Greater Manchester M18 8SL2
£110K12/200.25 mi105, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TJ2
£100K11/200.25 mi46, Butman Street, Manchester, Greater Manchester M18 8TG2
£100K11/200.25 mi46, Butman Street, Manchester, Greater Manchester M18 8TG2
£155K02/230.27 mi3, Kenyon Street, Manchester, Greater Manchester M18 8SH2
£160.2K06/230.27 mi4, Ernocroft Grove, Manchester, Greater Manchester M18 8GB2
£145K12/230.28 mi41, Corrigan Street, Manchester, Greater Manchester M18 8QS2
£132.1K01/230.3 mi54, Wheler Street, Manchester, Greater Manchester M11 1DF2
£102.5K11/200.31 mi52, Madison Street, Manchester, Greater Manchester M18 8SD2
£118.5K10/220.32 mi77, Wheler Street, Manchester, Greater Manchester M11 1DT2
£108K04/210.33 mi208, Lees Street, Abbey Hey, Manchester, Greater Manchester M18 8QN2
£160K05/230.33 mi201, Lees Street, Abbey Hey, Manchester, Greater Manchester M18 8GA2
£80K06/240.33 mi34, Longford Street, Manchester, Greater Manchester M18 8GQ2
£69K12/200.33 mi70, Longford Street, Manchester, Greater Manchester M18 8GQ2
£135K03/230.34 mi18, Gidlow Street, Manchester, Greater Manchester M18 8GE2
£115K12/200.34 mi24, Sandown Street, Manchester, Greater Manchester M18 8SA2
£90K12/230.35 mi12, Bread Street, Manchester, Greater Manchester M18 8QF2
£108K10/200.35 mi328, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RP2
£95K04/210.35 mi290, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RP2
£89K11/200.36 mi4, Burman Street, Manchester, Greater Manchester M11 1EY2
£110K01/210.36 mi213, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8TN2
£150K02/230.36 mi94, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6BA2
£145K12/200.37 mi16, Bendall Street, Manchester, Greater Manchester M11 1GE2
£145K01/230.37 mi126, Edge Lane, Droylsden, Manchester, Greater Manchester M43 6BA2
£135K03/230.37 mi297, Abbey Hey Lane, Abbey Hey, Manchester, Greater Manchester M18 8RH2
£125K05/210.39 mi2, Violet Street, Manchester, Greater Manchester M18 8TU2
£125K05/210.39 mi2, Violet Street, Manchester, Greater Manchester M18 8TU2
£150K10/220.41 mi53, Harrop Street, Manchester, Greater Manchester M18 8RN2
£174K12/220.41 mi19, Aysgarth Avenue, Manchester, Greater Manchester M18 8RA2
£135K03/210.45 mi1, Copperas Lane, Droylsden, Manchester, Greater Manchester M43 6HP2
£137K06/210.45 mi63, Field Street, Droylsden, Manchester, Greater Manchester M43 6AP2
£118K12/200.45 mi35, Field Street, Droylsden, Manchester, Greater Manchester M43 6AP2
£112K01/210.45 mi47, Field Street, Droylsden, Manchester, Greater Manchester M43 6AP2
£130K12/200.45 mi26, Ewan Street, Manchester, Greater Manchester M18 8WS2
£130K12/200.45 mi26, Ewan Street, Manchester, Greater Manchester M18 8WS2

Local Rents

51 rents from £825/mo to £1.4K/mo, average is £975/mo.

RentDateDistanceAddressBeds 
£1,20003/250.05 mi-2
£1,29912/240.06 mi-2
£1,00005/240.07 miCampbell House, Ashton Road, Openshaw2
£1,02505/240.07 miCampbell House, Ashton Road, Openshaw2
£1,00005/240.11 miAshton Old Road, Manchester, Greater Manchester, M112
£95005/240.12 mi-2
£95005/240.12 miMontana Square, Manchester, M112
£90012/240.17 mi-2
£1,15005/240.21 miGrapevine Avenue, Manchester, Greater Manchester, M182
£90002/240.23 mi-2
£90002/240.23 mi-2
£1,35005/240.25 mi-2
£87012/240.25 mi-2
£87012/240.25 mi-2
£90012/240.27 mi-2
£95005/240.27 mi-2
£95006/240.27 mi-2
£95012/240.27 mi-2
£1,00005/240.27 mi-2
£1,08304/250.27 mi-2
£95005/240.27 miJetson Street, Manchester2
£1,25012/240.28 mi-2
£97512/240.31 mi-2
£89505/240.31 miMadison Street, Abbey Hey, Manchester, Greater Manchester, M182
£87512/240.32 mi-2
£82505/240.32 mi4 Maybury Street, Manchester, Greater Manchester, M18 8GP2
£95005/240.33 miLongford Street, Manchester, M182
£92510/240.34 mi-2
£1,20005/240.36 mi-2
£97506/240.39 miOld Lane, Manchester, M112
£1,20004/250.4 mi-2
£1,10012/240.4 mi-2
£1,20003/250.4 mi-2
£1,05003/250.42 mi-2
£1,05003/250.42 mi-2
£1,05012/240.42 mi-2
£85005/240.42 mi-2
£90005/240.47 miHawthorn Street, Gorton, MANCHESTER, M182
£85004/250.5 mi-2
£1,30004/240.52 mi-2
£95005/240.53 mi-2
£97505/240.57 miKeston Avenue, Manchester, Greater Manchester, M92
£1,20012/240.57 mi-2
£1,20005/240.57 miEastwood Avenue, Droyslden, M432
£99501/250.58 mi-2
£1,15005/240.59 miHigh Bank Road, Droylsden, Manchester, M432
£95006/240.6 miAcheson Street, Manchester2
£90008/240.6 miBuxton Lane, Droylsden, Manchester, Greater Manchester, M432
£1,05011/240.6 mi-2
£85003/250.6 mi-2
£1,00005/240.61 miHigh Bank Road, Droylsden, Manchester, M43 6ET2

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

3.79 miles away

Nearest school

0.50 miles away

Nearest train station

0.29 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £178,000

October 29, 2024

Sold for £116,000

2021

Sold for £25,500

2000

Floor Plans

Description

  • CLOSE TO LOCAL AMMENITIES +
  • NEW CARPETS THROUGHOUT +
  • COURTYARD GARDEN +
  • SHUTTERS TO ALL WINDOWS +
  • FULLY FITTED KITCHEN +
  • 2 RECEPTION ROOMS +
  • EXCELLENT TRANSPORT LINKS TO CENTRAL MANCHESTER +
  • EXCELLENT TRANSPORT LINKS TO ASTON UNDER LYNE +

The Property
Welcome to this charming 2-bedroom terrace home located in the sought-after area of M11 1LH. With Excellent transport links to Manchester City Centre and Ashton-under-Lyne.

This property boasts a spacious lounge, a separate dining room, perfect for entertaining and stairs leading up to the first floor where you will find two cosy bedrooms.

The kitchen has been extended to the rear, providing ample space for cooking and socializing. Quality upgrades include new flooring throughout, stylish plantation shutters on the windows, and fitted furniture in the main bedroom for added storage convenience. The tailored under-stair storage further enhances the practicality of this home.

With its modern amenities and convenient location, this house is perfect for those seeking a comfortable and stylish living space. Don’t miss the opportunity to make this delightful property your home!

Property Description Disclaimer

This is a general description of the property only, and is not intended to constitute part of an offer or contract. It has been verified by the seller(s), unless marked as 'draft'. Purplebricks conducts some valuations online and some of our customers prepare their own property descriptions, so if you decide to proceed with a viewing or an offer, please note this information may have been provided solely by the vendor, and we may not have been able to visit the property to confirm it. If you require clarification on any point then please contact us, especially if you’re traveling some distance to view. All information should be checked by your solicitor prior to exchange of contracts. Successful buyers will be required to complete anti-money laundering checks. Our partner, Lifetime Legal Limited, will carry out the initial checks on our behalf. The current non-refundable cost is £80 inc. VAT per offer. You’ll need to pay this to Lifetime Legal and complete all checks before we can issue a memorandum of sale. The cost includes obtaining relevant data and any manual checks and monitoring which might be required, and includes a range of benefits. Purplebricks will receive some of the fee taken by Lifetime Legal to compensate for its role in providing these checks.

Agent Details

Purplebricks, covering Manchester

0161 524 9265

Next Steps?

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