2 Bed Terraced House, Single Let, Atherton, M46 0PQ, £100,000

Leigh Road, Atherton, Manchester, M46 0PQ - 1 views - 6 months ago

BTL
ROI: 8%
~66 m²
+10 photos

ValuationUndervalued

Sold Prices£69K - £260K
Sold Prices/m²£865/m² - £3.9K/m²

 

 

Square Metres

~66.05 m²
Price/m²£1.5K/m²

Value Estimate

£120,444
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£25,000

Stamp Duty & Legal Fees

£6,200

Total Cash In

£31,200

 

 

Cash Out

 

Rent Range

£650 - £1,000

Rent Estimate

£688

Running Costs/mo

£470

Cashflow/mo

£218

Cashflow/yr

£2,615

ROI

8%

Gross Yield

8%

Local Sold Prices

53 sold prices from £69K to £260K, average is £140K. £865/m² to £3.9K/m², average is £1.8K/m².

PriceDateDistanceAddressBeds 
£134K08/230.03 mi168, Leigh Road, Atherton, Manchester, Greater Manchester M46 0PJ2
£130K07/230.04 mi7a, Lovers Lane, Atherton, Manchester, Greater Manchester M46 0PG2
£167K07/230.04 mi8, Lovers Lane, Atherton, Manchester, Greater Manchester M46 0PG2
£80K11/200.05 mi1, Greenough Street, Atherton, Manchester, Greater Manchester M46 0QP2
£136K06/210.1 mi45, Lovers Lane, Atherton, Manchester, Greater Manchester M46 0PU2
£81K03/230.14 mi367, Leigh Road, Atherton, Manchester, Greater Manchester M46 0PW2
£120K08/230.14 mi381, Leigh Road, Atherton, Manchester, Greater Manchester M46 0PW2
£90K10/200.15 mi4, Johnson Street, Atherton, Manchester, Greater Manchester M46 0RB2
£160K07/230.17 mi12, Howe Bridge Close, Atherton, Manchester, Greater Manchester M46 0QL2
£195K06/230.17 mi236, Leigh Road, Atherton, Manchester, Greater Manchester M46 0PN2
£123K08/230.19 mi28, Lilford Street, Atherton, Manchester, Greater Manchester M46 0PF2
£114K09/210.21 mi10, Bowling Green Row, Atherton, Manchester, Greater Manchester M46 0PR2
£69K10/200.22 mi137, Leigh Road, Atherton, Manchester, Greater Manchester M46 0PB2
£130K07/210.22 mi147, Leigh Road, Atherton, Manchester, Greater Manchester M46 0PB2
£135K01/230.22 mi151, Leigh Road, Atherton, Manchester, Greater Manchester M46 0PB2
£121.3K11/230.23 mi112, Leigh Road, Atherton, Manchester, Greater Manchester M46 0PA2
£238.5K01/240.32 mi9, Chichester Avenue, Atherton, Manchester, Greater Manchester M46 0QF2
£186K12/200.34 mi48, Hope Fold Avenue, Atherton, Manchester, Greater Manchester M46 0BN2
£260K04/210.34 mi6, Hope Fold Avenue, Atherton, Manchester, Greater Manchester M46 0BN2
£125K04/210.34 mi10, Desmond Street, Atherton, Manchester, Greater Manchester M46 0GH2
£128K08/210.34 mi2, Desmond Street, Atherton, Manchester, Greater Manchester M46 0GH2
£150K01/230.35 mi24, Desmond Street, Atherton, Manchester, Greater Manchester M46 0GH2
£135K03/240.37 mi173, Lovers Lane, Atherton, Manchester, Greater Manchester M46 0PY2
£111.5K03/210.4 mi332, Wigan Road, Atherton, Manchester, Greater Manchester M46 0GD2
£157K01/230.4 mi334, Wigan Road, Atherton, Manchester, Greater Manchester M46 0GD2
£150K12/220.41 mi424, Wigan Road, Atherton, Manchester, Greater Manchester M46 0QD2
£155K03/230.41 mi352, Wigan Road, Atherton, Manchester, Greater Manchester M46 0QD2
£100K05/230.41 mi416, Wigan Road, Atherton, Manchester, Greater Manchester M46 0QD2
£124K02/210.42 mi201, Wigan Road, Atherton, Manchester, Greater Manchester M46 0GB2
£165K06/230.42 mi193, Wigan Road, Atherton, Manchester, Greater Manchester M46 0GB2
£142K02/240.42 mi209a, Wigan Road, Atherton, Manchester, Greater Manchester M46 0GB2
£222K06/210.46 mi2, Bee Fold Lane, Atherton, Manchester, Greater Manchester M46 0BL2
£239.9K11/230.46 mi2, Bee Fold Lane, Atherton, Manchester, Greater Manchester M46 0BL2
£132K01/210.46 mi54, Gadfield Grove, Atherton, Manchester, Greater Manchester M46 0SJ2
£141K04/210.46 mi32, Gadfield Grove, Atherton, Manchester, Greater Manchester M46 0SJ2
£169K02/210.49 mi1, Bee Fold Lane, Atherton, Manchester, Greater Manchester M46 0BD2
£140K10/230.51 mi83, Leigh Road, Atherton, Manchester, Greater Manchester M46 0LX2
£140K10/230.51 mi83, Leigh Road, Atherton, Manchester, Greater Manchester M46 0LX2
£168K09/210.51 mi292, Hamilton Street, Atherton, Manchester, Greater Manchester M46 0BB2
£160K12/230.51 mi278, Hamilton Street, Atherton, Manchester, Greater Manchester M46 0BB2
£218K06/240.52 mi46, Hendon Street, Leigh, Greater Manchester WN7 1TS2
£100K11/230.53 mi11, Worthing Grove, Atherton, Manchester, Greater Manchester M46 0LP2
£155K11/220.53 mi16, Schofield Lane, Atherton, Manchester, Greater Manchester M46 0QB2
£122.5K11/200.54 mi1, Schofield Lane, Atherton, Manchester, Greater Manchester M46 0QB2
£134.4K12/200.54 mi9, Schofield Lane, Atherton, Manchester, Greater Manchester M46 0QB2
£135K03/210.54 mi7, Schofield Lane, Atherton, Manchester, Greater Manchester M46 0QB2
£145K10/230.54 mi11, Schofield Lane, Atherton, Manchester, Greater Manchester M46 0QB2
£142.5K03/210.57 mi243, Wardour Street, Atherton, Manchester, Greater Manchester M46 0BA2
£155K09/230.57 mi267, Wardour Street, Atherton, Manchester, Greater Manchester M46 0BA2
£185K12/230.57 mi233, Wardour Street, Atherton, Manchester, Greater Manchester M46 0BA2
£185K12/230.57 mi233, Wardour Street, Atherton, Manchester, Greater Manchester M46 0BA2
£155K09/230.57 mi267, Wardour Street, Atherton, Manchester, Greater Manchester M46 0BA2
£127K11/230.58 mi13, Holborn Avenue, Leigh, Greater Manchester WN7 1TT2

Local Rents

12 rents from £650/mo to £1K/mo, average is £825/mo.

RentDateDistanceAddressBeds 
£82512/240.03 mi-2
£82504/250.05 mi-2
£65005/240.05 miLeigh Road, Atherton, Manchester2
£75006/240.14 miJohnson Street, Atherton M46 0RB2
£82502/250.21 mi-2
£65012/240.21 mi9, 11 Shalefield Gardens, Manchester, M462
£82505/240.23 mi-2
£89502/250.23 mi-2
£95005/240.53 miWigan Road, Atherton, Manchester2
£1,00003/240.55 miWorthing Grove, Atherton, Manchester2
£82512/240.59 miWigan Road, Atherton, M462
£85003/250.6 mi-2

Local Area Statistics

Population in M46

22,298

Town centre distance

0.76 miles away

Nearest school

0.30 miles away

Nearest train station

1.30 miles away

 

 

Rental growth (12m)

+17%

Sales demand

Seller's market

Capital growth (5yrs)

+45%

Property History

Listed for £100,000

October 31, 2024

Floor Plans

Description

  • Great First Time Buy or Investment Opportunity +
  • Offered With No Chain +
  • Popular Location in Howe Bridge +
  • Two Bedrooms & Downstairs Bathroom +

* FANTASTIC FIRST TIME BUY, HIGHLY REGARDED LOCATION IN HOWE BRIDGE, OFFERED FOR SALE WITH NO ONWARD CHAIN *

Are you are first time buyer that has been searching in vain for something affordable? Well look no further than this quaint terrace in the highly regarded location of Howe Bridge, Atherton.

Close to transport links, centre of Atherton and local primary and high schools, this is one not to be missed.

In brief the property comprises, entrance vestibule, lounge with stairs to the first floor and access into the kitchen. From the kitchen just off the inner hall access to the downstairs bathroom and rear yard.
To the first floor there are two bedrooms, one double and one single.

To the rear, a gated yard with gates, perfect for off road parking for a small vehicle.

Agent Details

Miller Metcalfe, Worsley

0161 524 0938

Next Steps?

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