5 Bed HMO, Manchester, M19 2AN, £449,955

Fairview Avenue, Levenshulme, Manchester, M19 2AN - 5 months ago

Sold STC
HMO
ROI: 3%
~111 m²
+14 photos

ValuationOvervalued

Sold Prices£100K - £902K
Sold Prices/m²£741/m² - £4.3K/m²

 

 

Square Metres

~110.55 m²
Price/m²£4.1K/m²

Value Estimate

£287,607

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£112,489

Stamp Duty & Legal Fees

£33,696

Total Cash In

£146,184

 

 

Cash Out

 

Room Rate

£615

Gross Rent

£3,075

Running Costs/mo

£2,668

Cashflow/mo

£407

Cashflow/yr

£4,881

ROI

3%

Gross Yield

8%

Local Sold Prices

50 sold prices from £100K to £902K, average is £422.5K. £741/m² to £4.3K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£495K03/210.08 mi3, Rushford Avenue, Manchester, Greater Manchester M19 2HG5
£294.4K06/210.21 mi170, Hamilton Road, Manchester, Greater Manchester M13 0PG5
£286K02/210.29 mi37, Albert Road, Manchester, Greater Manchester M19 2FT5
£100K07/210.31 mi13, Beech Range, Manchester, Greater Manchester M19 2EU5
£333K11/230.32 mi18, Beech Range, Manchester, Greater Manchester M19 2EU5
£380K02/230.32 mi16, Beech Range, Manchester, Greater Manchester M19 2EU5
£750K11/200.36 miThe Grange, Grange Avenue, Levenshulme, Manchester, Greater Manchester M19 2EY5
£235K06/210.42 mi8, Ollier Avenue, Manchester, Greater Manchester M12 5SU5
£230K02/210.44 mi370, Slade Lane, Manchester, Greater Manchester M19 2BU5
£450K03/210.54 mi97, Linden Park, Manchester, Greater Manchester M19 2PG5
£150K07/210.55 mi14, Hamilton Road, Manchester, Greater Manchester M13 0PB5
£295K07/220.57 mi156, Northmoor Road, Manchester, Greater Manchester M12 5RS5
£188K03/230.57 mi330, Dickenson Road, Manchester, Greater Manchester M13 0NG5
£490K05/230.63 mi40, Ranford Road, Manchester, Greater Manchester M19 2GL5
£460K08/220.67 mi1, Calbourne Crescent, Manchester, Greater Manchester M12 5GX5
£290K02/210.76 mi2, Connaught Avenue, Burnage, Manchester, Greater Manchester M19 2NN5
£425K03/210.77 mi8, Upper Kent Road, Manchester, Greater Manchester M14 5DF5
£419K06/210.78 mi8, Upper Kent Road, Manchester, Greater Manchester M14 5DF5
£420K03/210.79 mi2, Omer Drive, Manchester, Greater Manchester M19 2JN5
£400K07/221.03 mi28, Lower Park Road, Manchester, Greater Manchester M14 5QY5
£325K07/231.09 mi35, Hathersage Road, Manchester, Greater Manchester M13 0EJ5
£250K08/211.09 mi14, Crescent Range, Manchester, Greater Manchester M14 5RW5
£330K05/211.09 mi10, Crescent Range, Manchester, Greater Manchester M14 5RW5
£550K09/211.12 mi17, Amherst Road, Manchester, Greater Manchester M14 6UG5
£625K10/221.15 mi2, Amherst Road, Manchester, Greater Manchester M14 6UQ5
£350K12/221.18 mi27, Chervil Close, Manchester, Greater Manchester M14 7DP5
£335K03/241.26 mi51, Brookhurst Road, Manchester, Greater Manchester M18 7ND5
£697K10/221.29 mi383, Wellington Road North, Stockport, Greater Manchester SK4 5AQ5
£225K08/231.33 mi17, Runhall Close, Manchester, Greater Manchester M12 5PY5
£525K12/201.36 mi30, Burlington Road, Manchester, Greater Manchester M20 4QA5
£379.9K12/201.36 mi11, Norfolk Avenue, Stockport, Greater Manchester SK4 5AG5
£420K01/231.38 mi46, Whitebrook Road, Manchester, Greater Manchester M14 6EF5
£323K12/201.46 mi7, Buckingham Road, Stockport, Greater Manchester SK4 4QU5
£452.5K12/201.49 mi29, Buckingham Road, Stockport, Greater Manchester SK4 4QY5
£541.5K12/201.49 mi13, Parsonage Road, Manchester, Greater Manchester M20 4PW5
£630K02/231.51 mi21, Ellesmere Road North, Stockport, Greater Manchester SK4 4QQ5
£635K03/231.53 mi96, Buckingham Road, Stockport, Greater Manchester SK4 4RB5
£330K06/211.53 mi91, Rippingham Road, Manchester, Greater Manchester M20 3FT5
£330K06/211.53 mi91, Rippingham Road, Manchester, Greater Manchester M20 3FT5
£785K01/211.56 mi2, York Road, Stockport, Greater Manchester SK4 4PQ5
£665K03/231.56 mi33, Tatton Road North, Stockport, Greater Manchester SK4 4QX5
£902K01/231.59 mi34, Peel Moat Road, Stockport, Greater Manchester SK4 4PH5
£592K03/211.59 mi20, Heathfield Avenue, Stockport, Greater Manchester SK4 4QJ5
£486.5K02/211.59 mi18, Heathfield Avenue, Stockport, Greater Manchester SK4 4QJ5
£810K05/231.6 mi42, Peel Moat Road, Stockport, Greater Manchester SK4 4PH5
£468K12/221.62 mi13, Birchington Road, Manchester, Greater Manchester M14 6BY5
£705K02/231.66 mi9, Cedar Grove, Stockport, Greater Manchester SK4 4RN5
£446.5K11/201.66 mi9, Cedar Grove, Stockport, Greater Manchester SK4 4RN5
£790K06/211.68 mi17, Singleton Road, Stockport, Greater Manchester SK4 4PW5
£800K07/231.68 mi2, Brownsville Road, Stockport, Greater Manchester SK4 4PE5

Local Area Statistics

Population in M19

34,838

Population in Manchester

920,095

Town centre distance

2.22 miles away

Nearest school

0.30 miles away

Nearest train station

0.32 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 £449,955

January 31, 2025

Listed for £450,000

November 1, 2024

Floor Plans

Description

  • 5 Double Bedrooms +
  • Bathroom & En Suite +
  • Great transport links +
  • Gross rent of £42,358.33 +
  • Courtyard to Rear +
  • Let to the end of June 2026 +
  • Attic converted +

Buy to let purchase -

Gross rent of £42,358.33 for the period 01.07.2025 to 30.06.2026.

Gross rent of £41,112.50 for the period 01.07.2024 to 30.06.2025.

We are delighted to offer for sale this five bedroom, licensed HMO property on a leafy street in Leverhulme. The property benefits from a fitted kitchen with a fridge freezer, washing machine, tumble dryer, dishwasher and microwave. There are two lovely fitted bathrooms. The property features an impressive 60" television in the lounge where there is also space for dining. Other benefits include off road parking and a private rear garden. . The attic has been converted to allow the bedroom on the second floor.

The property is let on a bills inclusive basis

Agent Details

Townhouse, Manchester

0161 401 1788

Next Steps?

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