3 Bed Terraced House, Single Let, Manchester, M11 3JB, £230,000

Biscay Close, Beswick, M11 3JB - 4 views - 5 months ago

Sold STC
BTL
ROI: 6%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£107K - £300K
Sold Prices/m²£1.1K/m² - £4.3K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£251,563
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£57,500

Stamp Duty & Legal Fees

£8,100

Total Cash In

£65,600

 

 

Cash Out

 

Rent Range

£1,200 - £5,000

Rent Estimate

£1,350

Running Costs/mo

£1,009

Cashflow/mo

£341

Cashflow/yr

£4,095

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £107K to £300K, average is £225.5K. £1.1K/m² to £4.3K/m², average is £2.7K/m².

PriceDateDistanceAddressBeds 
£134.8K12/200.26 mi2, Blakemore Walk, Manchester, Greater Manchester M12 6PH3
£226K10/230.31 mi17, Rimmer Close, Manchester, Greater Manchester M11 3AD3
£276.5K02/230.32 mi6, Athletes Way, Manchester, Greater Manchester M11 3NE3
£235K12/200.35 mi50, Rylance Street, Manchester, Greater Manchester M11 3NP3
£238K11/230.37 mi4, Carbis Avenue, Manchester, Greater Manchester M11 3DP3
£225K06/210.38 mi41, Commonwealth Avenue, Manchester, Greater Manchester M11 3NN3
£248K11/230.38 mi12, Brennock Close, Manchester, Greater Manchester M11 3LD3
£197.5K12/200.38 mi3, Hartwell Close, Manchester, Greater Manchester M11 3TW3
£170K07/210.38 mi48, Hartwell Close, Manchester, Greater Manchester M11 3TW3
£210K12/200.38 mi8, Hartwell Close, Manchester, Greater Manchester M11 3TW3
£268K09/210.39 mi1, Stadium Drive, Manchester, Greater Manchester M11 3NB3
£265K04/210.42 mi2, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£248K11/210.43 mi23, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£240K06/210.43 mi10, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£280K01/230.43 mi16, Lloyd Wright Avenue, Manchester, Greater Manchester M11 3NJ3
£238K06/210.44 mi10, Holly Street, Manchester, Greater Manchester M11 3BN3
£201K04/230.44 mi6, Barleywood Drive, Manchester, Greater Manchester M11 3LP3
£180K04/210.46 mi33, Stuart Street, Manchester, Greater Manchester M11 4DU3
£205K08/210.46 mi11, Wren Way, Manchester, Greater Manchester M11 3NH3
£175K10/200.47 mi14, Alderman Square, Manchester, Greater Manchester M12 6WL3
£230K01/210.47 mi34, Paxton Place, Manchester, Greater Manchester M11 3NL3
£220K12/200.5 mi9, Gurney Street, Manchester, Greater Manchester M4 7DZ3
£235K05/240.5 mi6, Markham Close, Manchester, Greater Manchester M12 6WR3
£235K12/200.5 mi19, Pattishall Close, Manchester, Greater Manchester M4 7DU3
£281K09/230.5 mi19, Pattishall Close, Manchester, Greater Manchester M4 7DU3
£210K07/230.52 mi298, Viaduct Street, Manchester, Greater Manchester M12 6NE3
£265K03/230.53 mi16, Blisworth Close, Manchester, Greater Manchester M4 7DT3
£170K05/210.54 mi6, Badby Close, Manchester, Greater Manchester M4 7EY3
£223K02/230.54 mi7, Maidford Close, Manchester, Greater Manchester M4 7EG3
£242K06/210.6 mi137, Ridgway Street, Manchester, Greater Manchester M40 7DS3
£270K11/220.61 mi2, Energy Street, Manchester, Greater Manchester M40 7ZQ3
£185K09/210.62 mi116, Sandal Street, Manchester, Greater Manchester M40 7EF3
£195K02/210.62 mi39, Bradford Road, Manchester, Greater Manchester M40 7EY3
£190K05/220.63 mi87, Bank Street, Manchester, Greater Manchester M11 4DF3
£225K08/210.63 mi59, Ridgway Street, Manchester, Greater Manchester M40 7FY3
£107K10/200.64 mi135, Clayton Lane, Manchester, Greater Manchester M11 2AS3
£270K03/230.64 mi25, Bollington Road, Manchester, Greater Manchester M40 7DX3
£220K12/200.65 mi169, Varley Street, Manchester, Greater Manchester M40 7EJ3
£145K01/210.68 mi19, Ben Street, Manchester, Greater Manchester M11 4EW3
£180K06/230.68 mi42, John Heywood Street, Manchester, Greater Manchester M11 4FN3
£145K01/210.69 mi19, Ben Street, Manchester, Greater Manchester M11 4EW3
£168K05/210.7 mi32, Bollington Road, Manchester, Greater Manchester M40 7HE3
£270K12/210.72 mi112, Old Mill Street, Manchester, Greater Manchester M4 6EE3
£140K10/220.72 mi13, Tartan Street, Manchester, Greater Manchester M11 4GD3
£300K02/240.73 mi102, Old Mill Street, Manchester, Greater Manchester M4 6EE3
£297.5K05/230.73 mi120, Old Mill Street, Manchester, Greater Manchester M4 6EE3
£236.5K10/210.75 mi36, Chippenham Road, Manchester, Greater Manchester M4 7JR3
£236.5K10/210.75 mi36, Chippenham Road, Manchester, Greater Manchester M4 7JR3
£165K01/240.76 mi77, Pioneer Street, Manchester, Greater Manchester M11 4FR3
£230K08/210.77 mi130, Butler Street, Manchester, Greater Manchester M4 7JJ3

Local Rents

51 rents from £1.2K/mo to £5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£2,37506/240.14 mi-3
£2,37512/240.14 mi-3
£2,59902/250.23 mi-3
£3,00005/240.29 mi-3
£2,95003/250.3 mi-3
£4,00005/240.31 mi-3
£3,60012/240.31 mi-3
£3,20001/250.31 mi-3
£1,40005/240.31 mi-3
£3,50005/240.31 mi-3
£3,50012/240.31 mi-3
£2,00003/250.31 mi-3
£1,50005/240.32 mi-3
£1,80002/240.34 mi-3
£1,69905/240.34 mi-3
£1,69905/240.34 mi-3
£1,45005/240.35 miRylance Street, Manchester, Greater Manchester, M113
£5,00012/240.35 mi-3
£4,60001/250.35 mi-3
£1,40003/240.36 miCommonwealth Avenue, Manchester, Greater Manchester, M113
£1,64501/250.37 mi-3
£1,59503/250.37 mi-3
£3,50005/240.37 mi-3
£3,50005/240.37 mi-3
£3,10005/240.37 mi-3
£3,50012/240.37 mi-3
£3,50001/250.37 mi-3
£1,45005/240.37 miCarbis Avenue, Beswick, Manchester, M113
£1,35005/240.37 miHolly Street, Beswick, Manchester, M113
£1,60005/240.38 miStadium Drive, Manchester, M113
£1,20005/240.39 mi-3
£1,45005/240.39 miCommonwealth Avenue, Manchester, Greater Manchester, M113
£1,30005/240.39 miWynne Close, Beswick, Manchester, M113
£2,40003/250.4 mi-3
£2,50002/250.4 mi-3
£1,60003/250.4 miCommonwealth Avenue, Manchester, M113
£1,35005/240.4 mi-3
£1,35006/240.4 mi-3
£1,35003/250.4 mi-3
£1,45005/240.4 miLloyd Wright Avenue, Manchester, M113
£1,35005/240.4 miLloyd Wright Avenue, Manchester, M113
£1,35005/240.4 miLloyd Wright Avenue, Manchester, M113
£2,40005/240.42 mi-3
£1,85006/240.43 mi-3
£1,30005/240.44 miKylemore Way, Beswick, Manchester3
£1,50005/240.45 miOlympic Street, Manchester, Greater Manchester, M113
£1,50005/240.45 miHolly Street, Manchester, M113
£1,45006/240.45 mi-3
£1,45005/240.45 miPaxton Place, Manchester, M113
£1,45006/240.45 miPaxton Place, Manchester, M113
£3,60005/240.45 mi-3

Local Area Statistics

Population in M11

20,273

Population in Manchester

920,095

Town centre distance

2.68 miles away

Nearest school

0.20 miles away

Nearest train station

0.50 miles away

 

 

Rental growth (12m)

+112%

Sales demand

Seller's market

Capital growth (5yrs)

+27%

Property History

Listed for £230,000

November 1, 2024

Floor Plans

Description

  • Excellent First Time Buy. +
  • Gardens and Parking. +
  • Downstairs W.C +
  • Close to transport links and city centre. +
  • Ideal investment purchase. +
  • Popular location. +

This Spacious 3-bedroom home is an ideal purchase for First time buyers-Buy to let investors and Families. Located a stone’s throw from the Etihad Stadium, CO-OP Arena the Metrolink, Asda Superstore and 1.5 miles from Piccadilly train station and the Northern Quarter for bars and restaurants. This three bedroom home, benefits from gas central heating, PVCu double glazing, off road parking and gardens, The accommodation will attract a high level of interest and should be viewed without delay.

Agent Details

Edward Mellor Ltd, Droylsden

0161 524 2800

Next Steps?

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